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It is possible to claim a tac credit for an infirm child under 18, even if the child does not qualify for the disability tax

It is possible to claim a tac credit for an infirm child under 18, even if the child does not qualify for the disability tax credit.

Question 1 options:

True
False

Question 2 (1 point)

The tax credit for charitable donations is limited to 75 percent of the Taxpayer's Taxable Income.

Question 2 options:

True
False

Question 3 (1 point)

The federal political contributions tax credit is deductible in computing Taxable Income, but cannot create a Taxable Loss.

Question 3 options:

True
False

Question 4

If both spouses have medical expenses, it will usually be to their advantage for one of the spouses to claim all the eligible medical expenses.

Question 4 options:

True
False

Question 5

If two individuals are legally married, they both can claim the spousal credit for the tax year.

Question 5 options:

True
False

Question 6

All federal tax credits are calculated by multiplying the lowest federal income tax bracket rate by the indexed base figure

Question 6 options:

True

False

Question 8

If a Taxpayer is unable to use the age, disability, or pension credits, the tax credits can be transferred to a common-law partner.

Question 8 options:

True
False

Question 9 (1 point)

An individual cannot claim the pension income credit if their only income is from the Canada Pension Plan

Question 9 options:

True
False

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