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Shamsul
Shamsul
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Shamsul
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April 27
Reporting a dependent's income
Shamsul
replied to
TamiA
's topic in
Reporting income
This is most probably due to the fact that child's income reduces the credit amount (usually 15,000 for 2024) for an eligible dependent. With 12K income, the credit amount goes down to 3K from 15K.
April 27
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