Tips and recommendations 

Is the guaranteed income supplement retroactive?

Leia Doyle

Is the guaranteed income supplement retroactive?

If you apply late and are eligible to receive the GIS, we can give you a retroactive payment of up to 11 months plus the month in which we receive your application.

How do I pay back GST overpayment?

You can pay your debt online, at your financial institution or by mail. The CRA will apply your payment toward your oldest ESDC debt unless you request otherwise. The CRA also collects overpaid child and family benefits and goods and services tax/harmonized sales tax (GST/HST) credits.

How do I pay back EI overpayment online?

You can pay your account using one of the methods outlined below:

  1. online banking: select “Employment and Social Development Canada” enter your 9 digit Social Insurance Number (SIN).
  2. cheque or money order: send your payment by cheque or money order.

How do I pay back my CCB?

Mail a cheque or money order to the CRA:

  1. Make the payment out to “Receiver General for Canada”
  2. Indicate it is for “Repayment of CERB”
  3. Indicate which eligibility period you are repaying.
  4. Include your Social Insurance Number (SIN) or your Temporary Tax Number (TTN)
  5. Mail your payment to:

What income is calculated for GIS?

GIS Payable Calculation. Each $2 of income reduces GIS by $1. For exact details on what income from your tax return is included or excluded for purposes of calculating the GIS, see the GIS application form and instructions from the Service Canada OAS Forms page.

What is considered income for guaranteed income supplement?

To qualify for the GIS, your income must be below $18,984 if you’re single, widowed, or divorced. If you have a spouse or common-law partner, your combined income has to be below: $25,104 if your partner receives the full OAS pension. $45,504 if your partner does not receive an OAS pension or the Allowance.

What is the maximum annual threshold for guaranteed income supplement?

To be eligible for the maximum annual amount of $947, single seniors must have an annual income, other than OAS and GIS, of approximately $4,600 or less.