making it simple to understand.
Before completing the Climate Action Incentive.
Couple 1 has a refund of $10 and Couple 2 owes -$5
After completing the Climate Action Incentive and choosing couple 2 to receive the credit.
The refund and owe swapped. Couple 1 now owes $-5 and Couple refund $10
I don't understand why.
NEW - 2018 - Climate Action Incentive Credit (NB, MB, SK, ON only)
Please refer to the link below from TurboTax Tips to have a better understanding of this new credit and how it is calculated.
Climate Change Plan, Climate Action Incentive, Fuel Charges. How This Impacts Your Taxes. - https://bit.ly/2BJVS0L
Cwilcox19
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