There are two types of medical expense tax credit: refundable tax credit and non-refundable tax credit. This article is about non-refundable tax credit. You can claim tax credit for eligible medical expenses paid for yourself, your spouse or common-law partner, or your children under 18 years old. For 2014, the amount that can be claimed…
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What is children’s arts amount?
Children’s arts tax credit is a non-refundable tax credit for parents who register their children in certain programs of artistic, cultural, recreational, or developmental activities.
How to calculate the working income tax benefit for single individuals
The working income tax benefit (WITB) consists of a basic amount and a disability supplement. This article is about how to calculate the working income tax benefit for single individuals without an eligible spouse or an eligible dependant for 2014.
How much is working income tax benefit (WITB) disability supplement for single individuals
This article provides the different working income tax benefit (WITB) disability supplement amounts allowed at different income levels for individuals without an eligible spouse or an eligible dependant for 2014.
How much is basic working income tax benefit (WITB) for single individuals
This article provides the different basic working income tax benefit (WITB) amounts allowed at different income levels for individuals without an eligible spouse or an eligible dependant for 2014.
What is children’s fitness amount
Children’s fitness tax credit is a refundable tax credit to encourage parents to register a child in certain physical-fitness activity programs.
Which spouse should claim working income tax benefit (WITB)
If you had an eligible spouse, only one of you can claim the basic working income tax benefit (WITB). The person who receives the WITB advance payments is the person who must claim the basic WITB for the year.
What is working income tax benefit (WITB)
Working income tax benefit (WITB) is a refundable tax credit available to lower-income individuals and families who have earned income through employment or business.
Who is qualified for working income tax credit
Working income tax benefit (WITB) is a refundable tax credit available to lower-income individuals and families who have earned income through employment or business. To be eligible for this credit, you have to meet all of the following conditions:
What is age amount
Age amount is an extra credit to seniors. You qualify for age amount if you were 65 years of age or older on December 31 of the year you file your tax return.