Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
kevin292
New Member

Is the basic personal deduction a fixed amount?

 
1 Reply

Is the basic personal deduction a fixed amount?

The basic personal amount is a fixed amount according to a definite level of income but some may wish to calculate it in a worksheet found in the TurboTax CD/Download version but not in the Online version as it is calculated for you. Please find more information supplied below in a Canada Revenue Agency link.

Line 30000 - Basic personal amount

 

Thank you for using TurboTax.