The maximum amount for eligible tuition fee is $5,000 ($750 tax credit). The amount can be transferred to spouse, parent or grandparent. The unused or un-transferred amount can be carried forward indefinitely. Scholarship and bursaries are usually tax-free. If you attend a part-time program...
I don’t want to claim the caregiver amount (or amount for infirm dependant). What do I do? How do I transfer a disability amount from my dependant? How do I transfer a disability amount from my child who is under 18? My child’s other parent receives the CCB, what should I do?
Health inequalities are continuing to rise in the UK [1]. In 2013, the UK Government implemented a major reform of social security with the introduction of Universal Credit (UC). UC combined six benefits and tax credits (income-based Job Seekers Allowance, income-related Employment and Support ...
[Updated with new IRS tool]The IRS has finally released their updated tool for non-filers to register for the soon to be paid Advance Child Tax Credit payments (see schedule here). Individuals and families who arenot requiredto file a 2020 tax return...