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2. Disability Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Disability_tax_credit

   An applicant can file for the disability amount, back 10 years, due to the Tax Payer Relief Provisions in the Income Tax Act. The DTC amounts to C$7,687 (According to line 316) is a non-refundable tax credit and if an individual has enough taxable income, this would result tax savings of 1,153.05, and if filed for the full 10-year period the possible tax savings are excess of 11,000.

3. Category:Tax credits and benefits in Canada - Wikipedia

   en.wikipedia.org/wiki/Category:Tax_credits_and...

   Pages in category "Tax credits and benefits in Canada" The following 9 pages are in this category, out of 9 total. This list may not reflect recent changes. B.

4. Tax returns in Canada - Wikipedia

   en.wikipedia.org/wiki/Tax_returns_in_Canada

   Tax returns in Canada refer to the obligatory forms that must be submitted to the Canada Revenue Agency (CRA) each financial year for individuals or corporations earning an income in Canada. The return paperwork reports the sum of the previous year's (January to December) taxable income, tax credits, and other information relating to those two ...

5. Canada workers benefit - Wikipedia

   en.wikipedia.org/wiki/Canada_workers_benefit

   The Canada Workers Benefit (CWB) is a refundable tax credit in Canada. Introduced in 2007 under the name Workers Income Tax Benefit ( WITB ), it offers tax relief to working low-income individuals and encourages others to enter the workforce. [ 1 ]

6. Don't miss these 3 tax credits when you file this year - AOL

   www.aol.com/finance/dont-miss-3-tax-credits...

   For the 2021 tax year, 4 out of 5 filers claimed this tax credit, with an average benefit upward of $2,000. The total value those credits was approximately $64 billion, the IRS said.

7. Taxation in Canada - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_Canada

   A Capital gains tax was first introduced in Canada by Pierre Trudeau and his finance minister Edgar Benson in the 1971 Canadian federal budget. [56] Some exceptions apply, such as selling one's primary residence which may be exempt from taxation. [57] Capital gains made by investments in a Tax-Free Savings Account (TFSA) are not taxed.

8. Are tax credits better than deductions? Advice for top tax ...

   www.aol.com/tax-credits-better-deductions-advice...

   The proposed bill would give first-time homebuyers $10,000 in tax credits split into two years — so $5,000 each. It's aimed to help middle-class families into their first homes, but it all ...

9. Tax Credits or Tax Deductions: Which Will Save You More? - AOL

   www.aol.com/tax-credits-tax-deductions-save...

   For example, if your tax liability for the year is $10,000 but you have a $2,000 tax credit, your tax liability drops to $8,000. If your liability was $2,000, the $2,000 credit would reduce it to $0.