Income Tax Questions?
-
When I file my income tax for 2010 I use Turbo Tax and I see a $2900 return. I have school tuition that are carried over. When I add my wifes income tax detail, (because I have to file as married), it is reduced to $1600. She also has tuition carry overs. When I file them separate I see $2900 for myself and when I file hers she gets $2000. But, when we file as a couple why is the income tax rebate much lower.
-
Answer:
How do you "file as a couple"? Canada does not have joint tax returns. You each file separately. By the way, you get a refund, not a return.
Fred S at Yahoo! Answers Visit the source
Other answers
The reason it is showing a higher tax refund is because the tax software automatically calculates your return as you provide the information. The $2900 shows up after you enter that you are married but before you enter her net income so it is showing a refund based on your wife having no income at all and calculating a spousal credit based on zero income. Once you enter her income, then it recalculates so that you don't mistakenly get additional credits that you would not otherwise be entitled to.
LaLa
Related Q & A:
- Which country introduced income tax first?Best solution by Yahoo! Answers
- What are the various ways of savings to avoid income tax?Best solution by Yahoo! Answers
- Do I need to pay US income tax on foreign (UK) earned income?Best solution by Yahoo! Answers
- How do I become income tax officer?Best solution by Yahoo! Answers
- How much should consultants pay for income tax? should we adhere to the tax table still?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.