If you are a Quebec resident, covered under the Health Care Plan, and you claim health or dental expenses under your Health Spending Account, the amount you claim each calendar year is subject to provincial income tax. It is your responsibility to report the amount claimed when you file your income tax. If you live in Quebec and work in another province you will not receive a Relevé 1 slip. These amounts will be reported in a separate letter, which will be distributed at the same time as the T4 slips. If you live and work in Quebec, these benefits will be reported in Box A and Box J of the Relevé 1 slip.
Can be used to claim eligible expenses for yourself and your eligible dependents
Not transferable to cash
based on start date of Health Care Coverage
For calendar years 2014 and 2015 only, all unused allocations will be carried over into the following calendar year (according to the maximum rule under the Income Tax Act). If carried over balances are not used in the following calendar year they will be forfeited
Any expenses that are tax-deductible and listed in the Income Tax Act, its regulations and Interpretation Bulletins, for yourself, and your eligible dependents.
For more information on what is covered you can access the Health Spending Account link on your plan member profile homepage by logging in at www.mysunlife.ca/navcanada or contact a Sun Life Customer Service Representative at Sun Life at 1-800-361-6212.
Carry-Over of Unused Balance
The unused balances in your Health Spending Account from 2014 and 2015 can be carried forward to be used in the next calendar year, at which point the unused balance will be forfeited - using a first in, first out principle. The carry-over provision only applies to the 2014 and 2015 calendar years.
Here are 2 examples to demonstrate how you may forfeit a balance in the account. Example A did not use all the carry-over balance, and example B has used it all:
|Carry-over from 2014
|Allocation for 2015
|Total allocation to be used in 2015
|Expenses incurred in 2015
|Balance as of December 31, 2015
|Carry-over balance to 2016
|Forfeit from 2014 balance
|Carry-over from 2015
|Allocation for 2016
|Total Allocation to be used in 2016