Could you clarify which exemption you are speaking of?
Thank you for choosing TurboTax.
Sure, I was referring to the first 14k or 15 k that is the basic personal amount one can claim before having to pay taxes. Is it possible that my husbands 10000 is added to my higher income and that is putting us in a higher tax bracket?. His 10k has doubled the amount of tax we are currently owing
Your combined income may disallow certain credits allowed at a lower income bracket. Does your husband go to school where this would have disallowed the Canada Workers Benefit? Here is a helpful link from the Canada Revenue Agency (CRA): Indexation adjustment for personal income tax and benefit amounts. You might want to review our TurboTax article: 10 Tax Benefits for Low Income Canadians in 2023.
Thank you for choosing TurboTax.
callum-alexander-maclaren
New Member
georges94abi-gma
New Member
djkendall
New Member
kc62
Level 1
toddmt
Returning 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.