The age deduction is calculated automatically if you eligible for it. You are eligible for this amount if you were 65 years of age or older on December 31, 2017, and your net income is less than $84,597. If you were an immigrant or emigrant, your claim is prorated for the time you were resident in Canada.
The age amount is a non-refundable tax credit. So if your tax payable is already at Zero, you don’t get any of the credit.
https://turbotax.intuit.ca/tips/claiming-the-age-amount-tax-deduction-5568
The age deduction is calculated automatically if you eligible for it. You are eligible for this amount if you were 65 years of age or older on December 31, 2017, and your net income is less than $84,597. If you were an immigrant or emigrant, your claim is prorated for the time you were resident in Canada.
The age amount is a non-refundable tax credit. So if your tax payable is already at Zero, you don’t get any of the credit.
https://turbotax.intuit.ca/tips/claiming-the-age-amount-tax-deduction-5568
scjenkins825
New Member
cmdowd2023
New Member
chatesms
New Member
kanikabangia
New Member
tarablonde67
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.