CCTB Calculation

June 29th, 2009 by Questions

To calculate our child tax benefit, the CRA needed both mine and my husband`s tax returns. He filed for bankruptcy in 2007. Will they use his income on his pre- or post-bankruptcy return to calculate our child tax benefit payments?

Posted from: Ontario

Questions

One Response to “CCTB Calculation”


June 30, 2009 at 10:28 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

They will use his income for the entire year. So they add the income figures together from both the pre and post bankruptcy returns and then do the CTB calculation.

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