Age Credit Canada 2026 — Tax Credit for Seniors 65+

The Age Amount (Age Credit) is a federal non-refundable tax credit available to Canadian residents who are 65 or older at the end of the tax year. For 2026, the maximum age amount is approximately $8,396, which generates a federal tax credit of approximately $1,259 (at the 15% federal credit rate).

Who Qualifies for the Age Credit?

• You must be 65 or older on December 31 of the tax year
• You must be a Canadian resident for tax purposes
• Your net income must be below ~$100,392 (2026 estimate)
• You cannot transfer unused amounts to a spouse (but can transfer to a dependent parent)

Age Credit Phase-Out

Transferring the Age Credit to a Spouse

If you can't use the full age credit because your federal tax is too low, you may be able to transfer the unused portion to your spouse or common-law partner. The transferable amount is reported on Schedule 2 (Transfer of the Unused Federal Amounts from Your Spouse). Your spouse reports the transferred amount on their Schedule 1.

Provincial Age Credits

Every province has its own age credit, often similar to the federal credit but with different thresholds and rates. Ontario's senior tax credit system includes several additional credits. For a comprehensive overview, see our Senior Tax Credits Canada guide.

Other Credits for Seniors to Stack

• Basic Personal Amount: ~$15,705 federal (2026) — everyone gets this
• Age Amount: Up to $8,396 (this credit)
• Pension Income Credit: Up to $2,000 of pension income taxed at 15% = $300 savings
• Disability Tax Credit: ~$9,428 if you qualify
• Medical Expense Credit: 15% federal credit on eligible medical costs above threshold
• Caregiver Credit: If you support an infirm dependent

Related Senior Tax Guides

• Senior Tax Credits Canada — Full List
• Pension Income Splitting Canada
• OAS Clawback Calculator
• GIS Guide