$1360 OTB Payment Date 2024 – Eligibility Check, Benefits

The OTB is the combined benefit for 3 tax credits which is paid to the citizens of Ontario. The $1360 OTB Payment Date 2024 is 10 January 2024 which is paid to the citizens above the age of 65 years. The benefit is for the CA Ontario Energy and Tax Credit 2024 which is being paid to help with the property tax. The Ontario Northern Energy Credit 2024 is also paid to the citizens as the OTB is the combination of 3 different benefits.

The $1360 Ontario Trillium Benefit Payment Date 2024 for the whole year has been released and one who wants to get the details on the benefit shall refer to this article as they will get the update on the payment date, payment amount and the other details. 

$1360 OTB Payment Date 2024

As we are aware that Canada Revenue Agency is the main Government of Canada which is providing certain benefits to various provinces of Canada. Now the benefit for the province of Ontario includes the Ontario Trillium Benefits which includes the combined payment of 3 different taxes. For these taxes, the individuals are getting the tax credit which includes the energy tax credit, sales tax credit and property tax credit, now if you are eligible to get the benefit, you will be provided with $1360 as the tax credit amount. The CA Ontario Energy and Tax Credit 2024 will be paid to you on 10th January 2024 as the benefits under the OTB are paid on 10th of every month.

If in any case the 10th date is a holiday, you will get the payment on the day prior to it. The benefit will be provided to you only if you have filed the income tax return for 2023. The Canadian Citizens who have lived in Ontario Northern as on 31 December 2022 will get the Ontario Northern Energy Credit 2024 and the same will be paid on 10th January 2024. The $1360 benefit will be given to the ones who are of age above 65 years.

The $1360 OTB Eligibility 2024 will depend on where you have been living on the 1st date of each month. The ontario.ca $1360 Trillium Benefits 2024 will be paid through the direct deposit $1360 OTB Payment Mode 2024 and in order to get the payment, you have to make the taxes on time. 

So the ones who wish to get the complete details on the $1360 benefits shall refer to the complete post as we have brought for you all the answers to the questions you might think of regarding this benefit.

ontario.ca $1360 Trillium Benefits 2024

Article name $1360 OTB Payment Date 2024
Benefit name Ontario Trillium Benefit 
Provided in Country Canada 
Province Ontario 
Agency Canada Revenue Agency 
Total benefits under the plan 3
$1360 OTB Eligibility 2024Low and moderate income families 
Benefit amount CAD 1360
Benefit paid to Citizens above 65 years 
$1360 Ontario Trillium Benefit Payment Date 202410 January 2024
Payment frequency Monthly 
$1360 OTB Payment Mode 2024Online 
Post type Finance
Website ontario.ca

CA Ontario Energy and Property Tax Credit 2024

  • OEPTC is to help the low and moderate income families with the sales tax applicable on energy and on property taxes.
  • Since the OEPTC 2024 has two components and you can apply if you are eligible for either the energy credit or the property credit.
  • The payment under this ontario.ca $1360 Trillium Benefits 2024 is paid on 10th of every month and if the date is weekend, you will get the payment on a previous working day.
  • You can apply for the OEPTC for the current year on your previous year income tax and the benefit return.
  • In case you have rented a plot in that case, your landlord will have to make the payment of the taxes.

$1360 OTB Eligibility 2024

  • To qualify for the benefit, you have to be a resident of Ontario as of 31 December 2022.
  • You should be of age of 18 years or older
  • You are a parent and you live or have lived with your child
  • You are married or have been married previously 
  • You have paid the property tax for your main residence
  • You have made the home energy cost payments
  • The eligibility will also depend on the day where you have lived on the first CAD 1360 OTB Payment Date 2024.
  • To get the $1360 payment, you have to be of age above 65 years.

$1360 Ontario Trillium Benefit Credit 2024

Particulars Benefit 
Age between 18 and 64 years $1194
Age above 64 years $1360
Live in long term care home $265
Live in designated college $25

Ontario Northern Energy Credit 2024

  • The credit is available to you if you fall under the below given conditions.
  • You are the Citizen of Ontario and you are 18 years or older
  • You are married or have been married earlier
  • You are a parent and your child is living with you.
  • You must have rented or paid the property tax
  • You have paid the home energy cost
  • The credit amount will be $172 and the families will get $265 as the maximum benefit.

CA Ontario Sales Tax Credit 2024

The below mentioned is the $1360 OTB Eligibility 2024.

  • You have to be of age above 19 years
  • You have been married or are in relationship
  • The parent shall live with the child
  • The credit amount will be $345 
  • In case you are an individual, the ontario.ca $1360 Trillium Benefits 2024 will be reduced by 4% of the net income.

Factors Affecting $1360 OTB Benefit 2024

  • Age of beneficiary
  • Income of beneficiary
  • Residence
  • Family Size
  • Amount paid in rent or property tax 

CAD 1360 OTB Payment Date 2024

The payment under the Ontario Trillium Benefit 2024 is paid on the 10th date of each month and in case the day is weekend or public holiday, you will get the payment on a previous day.

Month $1360 Ontario Trillium Benefit Payment Date 2024
January 202410-1-2024
February 20249-2-2024
March 20248-3-2024
April 202410-4-2024
May 202410-5-2024
June 202410-6-2024
July 202410-7-2024
August 20249-8-2024
September 202410-9-2024
October 202410-10-2024
November 20248-11-2024
December 202410-12-2024

$1360 OTB Payment Mode 2024

The payment under the $1360 OTB is being paid through the online mode. The payment will be transferred directly to the bank account of the individuals and in case the individuals do not have a bank account, they will get the payment by paper check.

ontario.ca $1360 Trillium Benefits 2024 Link

$1360 OTB Payment Date 2024Ontario Trillium Benefit

Frequently Asked Questions on $1360 OTB Payment Date 2024

What is the $1360 OTB Payment Date 2024?

The $1360 Ontario Trillium Benefit Payment Date 2024 is 10th January 2024.

Who will get the $1360 OTB 2024?

The CAD 1360 OTB 2024 payment will be given to the ones who are of age 65 years or more. 

At what time will one get the Canada OTB 2024?

The CA OTB 2024 will be released on the 10th day of each month only if it is not a holiday.

What factors affect the $1360 OTB Benefit 2024?

The factors affecting the CAD 1360 OTB 2024 are age, income, residence and the other factors.

From which website can you find the details on the $1360 Ontario Trillium Benefit Payment Date 2024?

The recipients can check the CAD 1360 OTB Payment Date 2024 through the website ontario.ca.

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