Tax Deduction : Spouse or common-law partner
Jan 27th 2014, 2:11 pm
#1
Just Joined
Thread Starter
Joined: Apr 2011
Posts: 19
Tax Deduction : Spouse or common-law partner
Hi,
I am new to the Canada taxes and trying to understand if I got The Spouse Tax Deduction right : if my wife is not working during the all year I can file a joint declaration and add her basic personal amount (e.g. Federal is $11,138) to the total deductions prior to applying the 15% rate to calculate the final deduction on taxes to be paid? Correct?
thanks,
I am new to the Canada taxes and trying to understand if I got The Spouse Tax Deduction right : if my wife is not working during the all year I can file a joint declaration and add her basic personal amount (e.g. Federal is $11,138) to the total deductions prior to applying the 15% rate to calculate the final deduction on taxes to be paid? Correct?
thanks,
Jan 27th 2014, 6:06 pm
#2
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Tax Deduction : Spouse or common-law partner
Yes.
Jan 27th 2014, 7:18 pm
#3
Just Joined
Thread Starter
Joined: Apr 2011
Posts: 19
Re: Tax Deduction : Spouse or common-law partner
Thanks a lot for the quick reply...
