Question
a) Which of the following is not an acceptable method of reducing your tax bill? Deducting employment expenses you were reimbursed for Using as many
a) Which of the following is not an acceptable method of reducing your tax bill?
Deducting employment expenses you were reimbursed for | ||
Using as many deductions as possible to reduce your marginal tax rate | ||
Taking a loan for investment purposes and deducting the interest | ||
Increasing your contributions to tax-advantaged retirement accounts |
b) If you are a married taxpayer supporting a spouse whose has less than income,
your spouse will not be able to apply for the GST/HST refund. | ||
you must be the one to claim all tax credits. | ||
you are entitled to a spousal or common-law partner tax credit. | ||
you are entitled to a dependent partner tax deduction. |
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