Weekly Tax Tip
December 02, 2008
MARITAL STATUS CHANGE
CRA notes that when a taxpayer files Form RC65 (Marital Status Change) he/she may be eligible for additional Canada Child Tax Benefits (CCTB) and/or Goods and Services Tax Credit payments.
Upon receipt of the Form, CRA will recalculate the benefits based on the number of children under 18 years of age the taxpayer has in his/her care, the province or territory of residence, and your family net income.
For further information see VTN Monthly Tax Update Seminar, Issue No. 325.