Month: January 2017

January 18, 2017 / by riyadeol / Uncategorized / No Comments

Are child care expenses deductible?

Child care costs are not claimed as a non-refundable tax credit, but as a deduction from income on line 214 of the personal tax return. In most cases, child care expenses for an eligible child must be claimed by the parent with the lower net income for tax purposes.  If the parents are separated and […]

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January 17, 2017 / by riyadeol / Uncategorized / No Comments

Should me and my spouse file our taxes together?

Spousal tax returns are always filed separately – that is, the tax returns are prepared separately. The returns are still printed and filed separately, but the software will usually highlight ways in which taxes may be reduced, and will automatically apply the spousal amount tax credit if eligible. You are married or living common-law if […]

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