gg6
New Member

Why does Sch 2 subtract the spouse's adjusted taxable income -- rather than their federal tax -- from the age amount?

My federal tax is zero but I can't transfer the age amount to my spouse because of the way Sch 2 is set up.

Seniors and students

The age amount transfer is based upon net income as per CRA, not federal tax owed unfortunately.

View solution in original post

gg6
New Member

Seniors and students

That is unfortunate, but your reply is very clear, thanks.