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Newsletter #7 - March 2010
Personal Income Tax Return Checklist (Cont'd)
Non-refundable tax credits (Cont'd)
If the following apply to you, you can claim certain credits listed below to reduce your tax at “flat” rates (rates do not
depend on your income tax bracket):
Amounts transferred from your spouse or common-law partner – if your spouse or common-law partner has little or no tax to pay because of his or her low income, you can claim his or her age amount, pension income amount, tuition, education and textbook amount, disability amount or child amount if applicable
Amounts transferred from a dependant:
if your disabled dependant has little or no tax to pay because of his or her low income, you can claim the dependant’s disability amount
if your child or grandchild has little or no tax to pay because of his or her low income, you can claim the child or grandchild’s tuition, education and textbook amounts
Other Credits
Ontario Tax Credit - rent or realty taxes paid for your residence
Political Contribution Tax Credit – to a registered federal or provincial party
Notice to Reader
Dean Constand C.G.A. publishes this newsletter for information purposes only. Feel free to distribute to
colleagues and friends. Although the material has been carefully prepared, it is not a substitute for
professional advice.
