- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I claim my 15year old son as an eligible dependent. He just started working in september why does his income affect my refund he only earnt $4000 and I only earn $30,000
Before i put in his income it says i get a refund of about $360 but as soon as i put in his income it says i owe about $300 CAD
October 30, 2019
12:30 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Your son's net income affects the eligible dependant credit. The credit is reduced by the amount of your son's net income.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/305/rtrn-eng.html
October 30, 2019
12:30 AM