Jump to content
Français

Canada Caregiver Amount


Rjay
 Share

Recommended Posts

Hi Rjay. Has the dependant's net income changed for year 2020. The caregiver amount can be reduced based on the dependant's net income. Just a possible situation to look at. Here is an excerpt from a CRA guide.

If you are eligible for the Canada caregiver amount for your spouse or common-law partner (see line 30300), or an eligible dependant 18 years of age or older (see line 30400), and their net income is between $7,295 and $24,361, you may be able to claim an amount up to a maximum of $7,276 on line 30425 of your return.Jan. 18, 2021

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-30425-caregiver-spouse-dependant.html

 

Link to comment
Share on other sites

  • 2 months later...
On 2/20/2021 at 6:29 AM, TheTaxSmith said:

Hi Rjay. Has the dependant's net income changed for year 2020. The caregiver amount can be reduced based on the dependant's net income. Just a possible situation to look at. Here is an excerpt from a CRA guide.

If you are eligible for the Canada caregiver amount for your spouse or common-law partner (see line 30300), or an eligible dependant 18 years of age or older (see line 30400), and their net income is between $7,295 and $24,361, you may be able to claim an amount up to a maximum of $7,276 on line 30425 of your return.Jan. 18, 2021

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-30425-caregiver-spouse-dependant.html

 

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...