Turbo Tax shows a benefit of approx $5,565 for a couple with a combined net income of approx $160,000. They have 2 young children. Tax year is 2024. Is this correct?
If not, is the error mine, or somewhere in Turbo Tax?
We invite you to visit and try the CRA Child and family benefits calculator. The calculation is based on different elements, not only income.
On this link, you have access to the math behind CCB payments.
Thank you for choosing TurboTax.
ALW7
New Member
gail02791
Level 3
jinki kim
New Member
Robinyeg
New Member
jakorchoski1
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.