How much is basic working income tax benefit (WITB) for single individuals 2012

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 2012.

These amounts are also applicable to those who were married or living in a common-law relationship but did not have an eligible spouse or an eligible dependant.

Working income: $3,000 or less

Basic WITB is 0.

Working income: more than $3,000 but less than $6,880

If adjusted family net income is $11,011 or less, basic WITB is: (working income - $3,000) x 25%.

If adjusted family net income is more than $11,011 but less than $17,478, basic WITB is: (working income - $3,000) x 25% - (adjusted family net income - $11,011) x 15%. If the result is negative, that means basic WITB is 0.

If adjusted family net income is more than $17,478, basic WITB is 0.

Working income: $6,880 or more

If adjusted family net income is $11,011 or less, basic WITB is: $970

If adjusted family net income is more than $11,011 but less than $17,478, basic WITB is: $970 - (adjusted family net income - $11,011) x 15%. If the result is negative, that means basic WITB is 0.

If your adjusted family net income is more than $17,478, basic WITB is 0.

Current | 2013 | 2012

Additional information