3% of net income is incorrect

Here are the values showing as Medical Expense Claim :

Total medical expenses:
2,298.95
3% of Almario's income is:
2,388.75

If you go into Deductions Summary page, the net income of Almario is 68,986.00 with detail as follows.

Total Income 79,625.00
LESS : RPP/RRSP/PRPP and split-pension 3,659.00
LESS :Child and disability supports deductions 6,980.00

Multiply 68,986.00 by 3%, it should be 2069.58.  He should be qualified to make the expense claim.

Answer

@TonyC1, the 15% tax calculation has got nothing to do with this.  The 3% of net income is either the actual 3% or $2,171.

See the link: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/330/hw-t-clm-eng.html


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