Ontario Trillium Calculator 2015

The Ontario Trillium Calculator 2015 helps you determine your eligibility for the Ontario Trillium Benefit, a provincial program that provides financial assistance to low-income individuals and families. This calculator uses the 2015 tax year rates and thresholds to provide accurate results based on your income and family size.

How to Use This Calculator

To calculate your Ontario Trillium Benefit for 2015:

Enter your total household income for the year in the "Total Income" field.
Select your family size from the dropdown menu.
Click the "Calculate" button to see your estimated benefit amount.

The calculator will display your estimated monthly benefit payment based on the 2015 income thresholds and rates.

Formula and Assumptions

The Ontario Trillium Benefit is calculated using the following formula:

Trillium Benefit = (Income Threshold - Total Income) × Benefit Rate

The income thresholds and benefit rates for 2015 were as follows:

Family Size	Income Threshold	Benefit Rate
1 person	$12,000	10%
2 people	$16,000	10%
3 people	$20,000	10%
4 people	$24,000	10%
5+ people	$28,000	10%

Note: These rates and thresholds are specific to the 2015 tax year. For current benefit amounts, please consult the Ontario government's official resources.

Worked Example

Let's calculate the Trillium Benefit for a single person with a total income of $10,000 in 2015.

Income Threshold for 1 person: $12,000
Total Income: $10,000
Difference: $12,000 - $10,000 = $2,000
Benefit Rate: 10%
Monthly Benefit: ($2,000 × 10%) / 12 = $166.67

This person would receive approximately $166.67 per month in Trillium Benefit for 2015.

Frequently Asked Questions

What is the Ontario Trillium Benefit?: The Ontario Trillium Benefit is a provincial program that provides financial assistance to low-income individuals and families in Ontario.
How is the benefit amount calculated?: The benefit amount is calculated based on your household income and family size, using specific income thresholds and benefit rates for the 2015 tax year.
Can I apply for the Trillium Benefit if I'm self-employed?: Yes, self-employed individuals can apply for the Trillium Benefit. Your net income from self-employment should be included in your total household income.
Is the Trillium Benefit taxable?: No, the Trillium Benefit is not taxable income. It is considered a non-taxable benefit payment.
Where can I find more information about the Trillium Benefit?: For more information, you can visit the Ontario government's official Trillium Benefit page.