If your partner qualifies as your dependant, you may be eligible for certain tax credits. Here's how to claim them in Wealthsimple Tax:
- Navigate to the Your Partner section:
- Answer all questions in this section
- If your returns are linked, complete their entire return as well
- Potential credits you may claim:
- Spousal amount (line 30300)
- Canada caregiver amount (line 30425)
- Report your partner's information:
- Do not add your partner to the Dependants section
- Use the Your Partner section exclusively for this purpose
- Optimize your return:
- Click the Review & Optimize button
- Some credits may only appear after optimization
Important notes:
- Schedule 5 is used for amounts related to a spouse, common-law partner, and dependants
- "Dependants" on Schedule 5 refers to eligible dependants, not just children
- Schedule 5 is used for lines 30300, 30400, 30425, and 30450
- If your partner has an impairment, answer "Yes" to the question "Does your partner have an infirmity or disability?"
Remember:
- Eligibility for these credits depends on your specific situation
- Keep all relevant documents to support your claims
If you're unsure about your eligibility to claim your partner as a dependant or which credits apply to your situation, consider consulting with a tax expert. For assistance entering this information in Wealthsimple Tax, please contact Wealthsimple support.
Comments
0 comments
Please sign in to leave a comment.