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.
Tag: Adjusted family net income
How much is basic working income tax benefit (WITB) for single individuals 2013
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 2013.
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.
Adjusted family net income for the purpose of the working income tax benefit
Adjusted family net income is one of the two amounts used to calculate the working income tax benefit (WITB). To calculate adjusted family net income, you first add back the following amounts into your net income amount from line 236 of your return: