Child Fitness Tax Credit

D

Dave Mishchenko

Regular
EE Expired
Location
BC
It's not well publicized by the CRA, but if your child works out with the DA50 upper you can write it off on your tax return. :)

fitness.jpg
 
The lower here is your son. I'd rather take my AR15 lower..its much cheaper :p
Plus it doesn't need to be driven to hockey games in Sticksville. All joking aside that is a beast of an upper.
 
Hahaha very nice. Now all kidding aside. If I enrolled my daughter's (4 of em) into the local junior rifle club. Would that be considered a sport, and if so would some bolt action .22 not be considered required equipment and be elegable for the tax credit.
 
Expendable Nate said:
Hahaha very nice. Now all kidding aside. If I enrolled my daughter's (4 of em) into the local junior rifle club. Would that be considered a sport, and if so would some bolt action .22 not be considered required equipment and be elegable for the tax credit.
Click to expand...

No...it doesn't qualify but it got me thinking. The fitness tax credit requires "significant physical activity" amongst other things. The CRA thinks bowling qualifies. So, junior rifle is probably out, but 3 gun, IDPA, IPSC where there is significant movement might?

There is no list of qualifying activities or approved organizations, and the CRA maintains the organization must determine the deductibility.

In my view, biathlon would definitely qualify, so its not a huge stretch that other shooting sports might as well.
 
Penalty pushups for poor accuracy after each string would take care of the "significant physical activity" requirement.
 
I had better luck rock climbing as a kid that trying to use my 12 pound position rifle. I was a good shooter, just saying standing still is not always a physical gimmie with an adult weight rifle. I think it qualifies as a stress position. And these days everyone does some kind of training for sport whether they need it or not.
 
Actually, it looks very much like a kids shooting program could fall under the Children's Arts Tax Credit, but since equipment and supplies are not tax deductible you're SOL for your firearms and ammo. AND, it must be a supervised program, so I don't think you're getting your annual family range membership paid either.

http://www.cra-arc.gc.ca/gncy/bdgt/2011/qa01-eng.html

And yes, I caught the humour in the original post!
 
Expendable Nate said:
Hahaha very nice. Now all kidding aside. If I enrolled my daughter's (4 of em) into the local junior rifle club. Would that be considered a sport, and if so would some bolt action .22 not be considered required equipment and be elegable for the tax credit.
Click to expand...

My daughter wants to take up biathlon. Our local range is already partnered with the local biathlon club, and are building a dedicated practice range. I'm pretty sure we'll be able to claim our yearly membership, and at least a .22 or two. :). I'll have to check with our accountant!
 
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