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    <title>topic Why does TurboTax shows basic pay close to $10,000 rather then the $15,000 stated by government? in Getting started</title>
    <link>https://turbotax.community.intuit.ca/community/getting-started/discussion/why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3853771#M45995</link>
    <description />
    <pubDate>Wed, 25 Mar 2026 10:20:35 GMT</pubDate>
    <dc:creator>gaurav-chodry09</dc:creator>
    <dc:date>2026-03-25T10:20:35Z</dc:date>
    <item>
      <title>Why does TurboTax shows basic pay close to $10,000 rather then the $15,000 stated by government?</title>
      <link>https://turbotax.community.intuit.ca/community/getting-started/discussion/why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3853771#M45995</link>
      <description />
      <pubDate>Wed, 25 Mar 2026 10:20:35 GMT</pubDate>
      <guid>https://turbotax.community.intuit.ca/community/getting-started/discussion/why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3853771#M45995</guid>
      <dc:creator>gaurav-chodry09</dc:creator>
      <dc:date>2026-03-25T10:20:35Z</dc:date>
    </item>
    <item>
      <title>Re: Why does TurboTax shows basic pay close to $10,000 rather then the $15,000 stated by government?</title>
      <link>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3854015#M46002</link>
      <description>&lt;P&gt;&lt;SPAN style="color:rgb(33,38,42);font-size:14px;"&gt;The&amp;nbsp;&lt;/SPAN&gt;&lt;A href="https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/basic-personal-amount.html" target="_blank"&gt;&lt;SPAN style="font-size:14px;"&gt;&lt;STRONG&gt;Basic Personal Amount&lt;/STRONG&gt;&lt;/SPAN&gt;&lt;/A&gt;&lt;SPAN style="color:rgb(33,38,42);font-size:14px;"&gt; (BPA) is a non-refundable tax credit that applies to all Canadians. The Federal BPA is $16,129 for the 2025 taxation year. Make sure to check out the BPA for your province of residence as well.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="color:hsl(0,0%,30%);font-size:14px;"&gt;The Basic Personal Amount (BPA) shown in TurboTax is a non-refundable tax &lt;I&gt;credit&lt;/I&gt;—calculated as 15% of the total BPA—not the full $15,000+ income amount itself. For 2023, the federal BPA is $15,000, but the credit applied to reduce tax owed is $15,000 x 15% = $2,250. The higher $15,000 figure is the income threshold, not the credit value.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;The $15,000+ figure is the maximum income you can earn before paying federal tax, but tax software calculates the tax savings (credit) based on the lowest tax bracket (15%).&lt;/P&gt;
&lt;P&gt;If your net income is above certain thresholds (e.g., above in 2022), the $15,000+ BPA is gradually reduced (clawed back), which might display a lower value.&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;H2&gt;&lt;A href="https://turbotax.intuit.ca/tips/an-overview-of-federal-tax-rates-286" target="_blank"&gt;&lt;SPAN style="color:rgb(33,38,42);font-size:14px;"&gt;Canada Taxes 2025: Federal Tax Brackets, Rates and Credits&lt;/SPAN&gt;&lt;/A&gt;&lt;/H2&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="color:rgb(33,38,42);font-size:14px;"&gt;If you have further questions, we suggest contacting the CRA: 1-800-959-8281.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="color:rgb(33,38,42);font-size:14px;"&gt;Thank you for choosing TurboTax.&lt;/SPAN&gt;&lt;/P&gt;</description>
      <pubDate>Wed, 25 Mar 2026 15:10:30 GMT</pubDate>
      <guid>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3854015#M46002</guid>
      <dc:creator>TurboTaxAniqua</dc:creator>
      <dc:date>2026-03-25T15:10:30Z</dc:date>
    </item>
    <item>
      <title>Re: Why does TurboTax shows basic pay close to $10,000 rather then the $15,000 stated by government?</title>
      <link>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3855269#M46012</link>
      <description>&lt;P&gt;Thank you for the information! However, I was indeed talking about the BPA and clearly distinguish the BPA from tax credit.&amp;nbsp;&lt;BR /&gt;My query still stands: When I file my taxes through this portal, It only takes my BPA as $10,000 rather then the said $16,129 for the 2025 taxation year.&amp;nbsp; And there seems to be no way to change that! And yes the net income is $16,129 &amp;gt; &lt;SPAN&gt;57,375&lt;/SPAN&gt;.&lt;/P&gt;</description>
      <pubDate>Thu, 26 Mar 2026 02:55:22 GMT</pubDate>
      <guid>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3855269#M46012</guid>
      <dc:creator>gaurav-chodry09</dc:creator>
      <dc:date>2026-03-26T02:55:22Z</dc:date>
    </item>
    <item>
      <title>Re: Why does TurboTax shows basic pay close to $10,000 rather then the $15,000 stated by government?</title>
      <link>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3855629#M46016</link>
      <description>&lt;P&gt;We suggest you contact our&amp;nbsp;&lt;A href="https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/tax-return/contact-us/L1h8P3E0x_CA_en_CA?uid=m4j5o7no" target="_blank"&gt;&lt;SPAN style="background-color:#DBEAFF;color:#364DC9;"&gt;Product support team&lt;/SPAN&gt;&lt;/A&gt;. They have access to tools we don't have here in Community, like screenshare, and can investigate this issue for you.&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;Feel free to let us know the result.&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Thu, 26 Mar 2026 14:26:07 GMT</pubDate>
      <guid>https://turbotax.community.intuit.ca/community/getting-started/discussion/re-why-does-turbotax-shows-basic-pay-close-to-10-000-rather-then-the-15-000-stated-by-government/01/3855629#M46016</guid>
      <dc:creator>TurboTaxAniqua</dc:creator>
      <dc:date>2026-03-26T14:26:07Z</dc:date>
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