The amount for an eligible dependent may be claimed by an individual under certain circumstances. This refers to line 305 of the tax return, in relation to the tax credit for a dependent child or another relative who is dependent as well. For the year 2016, the amount of this federal non-refundable tax credit amount to $11,474 – it’s the same as the spousal amount tax credit.
We’re going to show you some of the non-refundable tax credits for the provincial amouns and tax rates od this eleigible dependent tax credit.
There’s the equivalent to spouse tax credit:
This is reduced by the income that the dependent earns
This can only be claimed by one person for the dependent
You won’t be able to claim this tax credit if…
You are claiming the spousal amount tax credit (line 303)
You are making the claim for a child that you were required to make support payments for throughout the year.
According to the CRA, on line 305, you cannot claim the credit if there is already someone else in your home, claiming it. The Canadian Revenue Agency only allows one person to claim at a time. However, you may claim this credit if at any time of the year…
You were supporting a dependent and you lived with them in a home that you maintained, and…
You are unmarried, without a common-law partner, or…
You are married and in a common-law partnership, but you aren’t living with your spouse, do not support them and do not get support from them either.
Also, in that time period, if the conditions previously stated are true, the dependent is…
A resident in Canada (unless they are your child/children).
Some sort of close relative, such as your parent, child, grandparent, brother or sister (by blood or marriage), etc.)
Less than 18 years old or dependent because of metal or physical infirmity, (unless they are your parent or grandparent).
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