Home Renovation Tax Credit Calculator
Making a home safer for a parent, or building them a suite? Enter your costs to estimate the Home Accessibility Tax Credit and the Multigenerational Home Renovation Tax Credit, and see what your family gets back. Free, private, and nothing is saved.
Home renovation tax credits (federal)
$20,000
of accessibility work a year can go on the Home Accessibility Tax Credit
14%
credit rate for 2026 (the lowest federal tax rate; 14.5% for 2025)
$7,250
maximum refundable Multigenerational credit for a suite (2025)
Sources: Canada Revenue Agency · Canada Revenue Agency
Your project
Grab bars, ramps, a stair lift, a walk-in shower, wider doorways. Materials and contractor labour count.
Estimated tax credits, 2026
$1,680 back
Our take: Spend first on what prevents a fall: grab bars, a curbless shower, good lighting and stair rails. Let the credit soften the bill rather than choose the project.
Estimate only, not tax advice. The Home Accessibility credit only reduces tax owed, so the person claiming needs enough tax payable to use it (a supporting family member can often claim instead). The same expense can't be claimed under both credits or as a medical expense too. Confirm on the CRA's line 31285 and line 45355 pages.
Turn the estimate into a plan
The rules in full: Home Accessibility Tax Credit guide and Multigenerational credit guide.
How the two home renovation tax credits work
The Home Accessibility Tax Credit applies to up to $20,000 a year of work that makes a home safer or easier to get around for someone 65 or older or eligible for the Disability Tax Credit. It is the lowest federal tax rate times your costs: 14% for 2026 (up to about $2,800) and 14.5% for 2025. It only reduces tax owed.
The Multigenerational Home Renovation Tax Credit is refundable: 14.5% of up to $50,000 (up to $7,250 for 2025) for creating a self-contained suite so a parent can live with family. Only one suite can ever be claimed per person, and the same expense can't go on both credits.
Our honest advice: decide the project on safety first, then claim. Read the full rules in our Home Accessibility Tax Credit guide and Multigenerational credit guide, and compare local aging-in-place specialists when you're ready for quotes.
Frequently asked questions
- How do you calculate the Home Accessibility Tax Credit?
- Multiply eligible expenses, up to $20,000 a year, by the lowest federal tax rate: 14% for 2026 and 14.5% for 2025. So $12,000 of grab bars and a walk-in shower in 2026 is worth about $1,680, and the maximum is about $2,800. It only reduces tax owed. Our free Home Renovation Tax Credit Calculator works it out for your project.
- How much is the Multigenerational Home Renovation Tax Credit?
- It is refundable: 14.5% of up to $50,000 of eligible costs for creating a self-contained suite, so up to $7,250 for 2025. The 2026 rate is expected to follow the lowest federal rate (14%). Only one suite can be claimed per qualifying individual.
- Can I claim both credits on the same renovation?
- Not on the same expense. You can split a project: the suite itself under the Multigenerational credit and separate accessibility work, like a stair lift in the main house, under the Home Accessibility Tax Credit.
- Who qualifies for these credits?
- The work must be for someone 65 or older by the end of the year, or eligible for the Disability Tax Credit. The suite credit also needs them to live with a qualifying relative, such as an adult child, within 12 months of finishing.
- Is this calculator tax advice?
- No. It is an educational estimate using published federal figures. It doesn't check every rule or your tax payable, so confirm on the CRA pages for lines 31285 and 45355, or with a tax professional, before you file.
Want a hand with any of this?
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