Canada Personal Tax Guides
37 guides on Income tax, deductions, credits, RRSPs, TFSAs, FHSAs, and retirement planning.
Canada Age Amount Tax Credit Guide (Senior Tax Credit, 2025 Phase-Out, Eligibility)
the age amount tax credit for the seniors in Canada — the maximum age amount of $8,790 (2025), the phase-out threshold of $43,953 (the 15% phase-out rate), the full elimination at $102,553, the pension income amount of $2,000 (the 15% credit on the eligible pension income), the pension income splitting (the Form T1032 for the RRIF income splitting), the provincial age credits (the Quebec age credit, the Ontario age credit), and the eligibility criteria for the taxpayers aged 65+.
Canada Dividend Investing Guide (Eligible Dividends, Dividend Tax Credit, DRIP, Canadian Dividend Stocks)
the dividend investing in Canada — the eligible dividends (the 'corporate dividends paid from the after-tax income' — the 'gross-up at 38% for the eligible dividends' — the 'federal dividend tax credit at 6/11 of the gross-up'), the non-eligible dividends (the 'small business dividends' — the 'gross-up at 15%' — the 'federal dividend tax credit at 9/13'), the dividend tax credit by the province (the 'Alberta DTC at 10%, the Ontario DTC at 10%, the Quebec DTC at 11.7%'), the dividend taxation in the non-registered account (the 'dividend gross-up and the credit system'), the dividend taxation inside the TFSA (the 'tax-free dividend income'), the dividend taxation inside the RRSP (the 'tax-deferred growth and the fully taxed withdrawal'), the DRIP (the 'Dividend Reinvestment Plan' — the 'automatic reinvestment of the dividends' — the 'commission-free share purchase'), the Canadian dividend stocks (the 'Canadian banks — the RBC, the TD, the Scotiabank, the BMO, the CIBC' — the 'telecom — the BCE, the Telus' — the 'utilities — the Fortis, the Emera, the Hydro One' — the 'pipelines — the Enbridge, the TC Energy'), and the dividend yield and the payout ratio (the 'safe dividend yield at 2% to 5%' — the 'payout ratio below 75%').
Canada Capital Gains Tax Guide (50% Inclusion Rate, Principal Residence Exemption, 2025 Changes)
capital gains taxation in Canada — the 50% inclusion rate (for the gains realized up to $250,000 per year for the individuals), the deferred inclusion rate of 66.67% on the gains above $250,000 and for the corporations/trusts (the 2025 proposed changes under Bill C-69), the principal residence exemption (the full exemption for the primary home), the capital gains reserve, the superficial loss rules, the capital gains on the mutual funds and the ETFs, the T5008 reporting, the capital loss carry-forward/carry-back, and the deemed disposition on the death or the emigration.
Canada Caregiver Credit Guide (CCC, Family Caregiver Tax Credits, 2025 Amounts)
the Canada Caregiver Credit (CCC) for the dependants with the disabilities — the base amount of $7,363 (2025), the maximum amount of $16,129 for the spouse or the common-law partner, the dependant's net income threshold of $18,939, the eligible dependants (the parent, grandparent, child, sibling, aunt, uncle, niece, nephew), the pre-2017 caregiver credits (the Caregiver Amount, the Infirm Dependant Credit, the Family Caregiver Amount), and the integration with the DTC and the medical expense credit.
Canada Charitable Donations Tax Credit Guide (Donation Limit, First Tier, Second Tier, 33% Rate)
the charitable donations tax credit in Canada — the 15% federal credit on the first $200 of the total donations (the 'first tier'), the 29% federal credit on the donations above $200 (the 'second tier'), the 33% federal credit on the donations above $200 for the taxpayers in the 33% federal bracket, the annual donation limit of 75% of the net income, the 5-year carry-forward for the unused donations, the gift-in-kind donations (the appreciated securities, the real estate, the art), the ecological gifts, the political contributions (the federal and the provincial), the international gifts, and the charitable organization registration (the BN registration).
Canada Child Benefits Guide (CCB, CDB, Provincial Child Benefits, Payment Schedule)
the child and family benefits in Canada — the Canada Child Benefit (CCB) — the maximum of $7,787 per child under 6 and $6,570 per child aged 6-17 for the 2025-26 benefit year (tax-free, income-tested, paid monthly from July to June), the Child Disability Benefit (CDB) of up to $3,322 per child (tax-free, for the families with the DTC-certified children), the provincial child benefits (the Ontario Child Benefit of up to $1,723, the BC Family Benefit of up to $2,188), the CCB application process, the CCB repayment (the \u201Cclawback\u201D at the 7% or 3.2% phase-out rate), the CCB adjustment for the shared custody, and the income-testing based on the adjusted family net income.
Canada Climate Action Incentive Guide (CAIP, Carbon Tax Rebate, Federal Backstop Provinces)
the Climate Action Incentive Payment (CAIP) in Canada — the federal carbon tax rebate for the residents of the backstop provinces (Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador), the CAIP amounts for 2025-26, the quarterly payment schedule, the rural supplement (10% for the rural residents), the CAIP eligibility, the application process, the CAIP for the new residents, and the Canada Carbon Rebate (the new name for the CAIP effective 2024).
Canada CPP Guide (Canada Pension Plan, QPP, Contributions, Retirement Benefits, Enhanced CPP)
the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP) — the CPP contribution rate of 5.95% (employee share, 2025) on the pensionable earnings up to $71,300 (the \u201CYearly Maximum Pensionable Earnings\u201D or the \u201CYMPE\u201D), the enhanced CPP2 contributions at 4% on the earnings above $71,300 up to $81,200, the CPP retirement benefit at up to $1,433 per month (2025, at age 65), the CPP early retirement (as early as age 60 with a 0.6% per month reduction) and the CPP late retirement (to age 70 with a 0.7% per month increase), the CPP death benefit of $2,500, the CPP survivor's pension and the children's benefits, the CPP disability benefit, the CPP application through the Service Canada, the CPP/QPP integration, and the enhanced CPP (the \u201CCPP enhancement\u201D effective from 2019 to 2025).
Canada Digital Nomad Tax Guide (Remote Work, Tax Residency, 183-Day Rule, Cross-Border)
the digital nomad taxation in Canada — the CRA tax residency rules (the significant residential ties, the 183-day deeming rule, the secondary ties), the remote work from Canada for the foreign employers (the Canadian tax obligations, the Work Permit, the employer obligations), the remote work from abroad for the Canadian employers (the foreign tax obligations, the permanent establishment risk), the digital nomad visa programs in Canada (the \u201Cdigital nomad strategy\u201D under the 2023-25 Immigration Levels Plan), the tax treaties and the tie-breaker rules, and the departure tax for the Canadian residents leaving Canada.
Canada Disability Tax Credit Guide (DTC, T2201 Application, DTC Certification, 2025 Amount)
the Disability Tax Credit (DTC) in Canada — the DTC amount of $9,628 (2025, the base amount), the supplement of $5,623 for the children under 18, the T2201 application form (the medical certification by the qualified practitioner), the DTC eligibility (the severe and prolonged physical or mental impairment, the marked restriction in the basic activities of daily living, or the life-sustaining therapy), the DTC transfer to the supporting person, the DTC carry-back (10 years, 2022 Budget), the DTC as the gateway to the RDSP and the Canada Disability Benefit, the provincial DTC supplements, and the DTC for the mental functions and the learning disabilities.
Canada Dividend Tax Credit Guide (Eligible vs Non-Eligible Dividends, Gross-Up, Tax Credit)
the Canadian dividend tax credit — the eligible dividends (from the CCPCs and the public corporations taxed at the general corporate rate) with the gross-up of 38% (federal) and the tax credit of 6/11 of the gross-up (federal), the non-eligible dividends (from the CCPCs taxed at the small business rate) with the gross-up of 15% and the credit of 9/13 of the gross-up, the provincial dividend tax credits, the dividend tax rates for the top-income earners, the Canadian-controlled private corporation (CCPC) dividend rules, and the integration principle.
Canada FHSA Guide (First Home Savings Account, $60,000 Limit, Tax-Free Withdrawals)
the First Home Savings Account (FHSA) in Canada — the annual contribution limit of $8,000, the lifetime limit of $60,000, the tax-deductible contributions, the tax-free growth, the tax-free qualifying withdrawals for the first home purchase, the 15-year maximum holding period, the FHSA-to-RRSP transfer, the FHSA eligibility, and the FHSA vs RRSP vs TFSA comparison.
Canada GST/HST Credit Guide (Quarterly Payments, 2025-26 Amounts, Eligibility)
the GST/HST credit in Canada — the tax-free quarterly payment for the low- and modest-income individuals and families, the maximum GST credit of $519 (single, 2025-26) and $680 (couple), the supplement of $179 per child under 19, the phase-out threshold of $40,000 (the 5% phase-out rate for the single individuals and the 10% for the families), the GST/HST credit application (the RC66 form), the GST/HST credit for the new immigrants, the GST/HST credit recovery (the clawback), and the provincial GST/HST credits (the BC GST credit, the Ontario GST credit).
Canada Home Buyers' Plan Guide (HBP, $60,000 RRSP Withdrawal, Repayment, First-Time Home Buyer)
the Home Buyers' Plan (HBP) in Canada — the maximum RRSP withdrawal of $60,000 (up from $35,000 as of 2024), the first-time home buyer requirement (no home ownership in the prior 4 years), the 15-year repayment period (the mandatory annual repayment of 1/15th of the withdrawal), the repayment deadline, the HBP eligibility for the disabled taxpayers, the HBP vs FHSA comparison, the joint HBP (the spouses can both use the HBP), the withholding tax exemption, and the T4RSP reporting.
Canada Departure Tax Guide (Leaving Canada, Deemed Disposition, Emigration Tax)
the Canadian departure tax (the deemed disposition) for the individuals leaving Canada — the deemed disposition of the capital property at the fair market value, the departure tax calculation, the exemptions (the Canadian real estate, the business property, the pension property), the election to defer the departure tax (the \u201Csection 128.1\u201D election), the departure tax for the RRSP/RRIF/TFSA, the departure tax for the trusts, the Form T1161 (the \u201CDeparture Tax Return\u201D), the Form T1243 (the \u201CDeemed Disposition of the Capital Property\u201D), the non-resident tax return (the s. 115 return), and the soft landing rules.
Canada Medical Expenses Tax Credit Guide (Eligible Expenses, Thresholds, 2025 Limits)
the Medical Expense Tax Credit (METC) in Canada — the eligible medical expenses, the 3% or $2,759 threshold (whichever is less), the qualifying 12-month period, the family medical expenses (claiming for the spouse and the dependent children), the refundable medical expense supplement for the low-income workers, the eligible expenses list (the prescriptions, dental, vision, therapy, travel, and the disability supports), the provincial medical expense credits, and the medical expense documentation requirements.
Canada Moving Expenses Guide (Eligible Moving Costs, Deduction, Relocation for Work)
the moving expense deduction in Canada — the eligible moving expenses (the travel, transportation, storage, meals, temporary accommodation, legal fees, property sale costs), the 40 km distance test, the deduction for the students moving for the summer jobs or the co-op placements, the employer-paid moving allowances (the taxable benefit), the moving expense deduction on the T1-M form, and the provincial moving expense deductions.
Canada Newcomer Tax Guide (Immigration, Tax Residency, First Canadian Tax Return, SIN)
the Canadian tax system for the newcomers — the immigration tax rules, the Social Insurance Number (SIN) application, the tax residency start date (the \u201Cdate of arrival\u201D in Canada), the first Canadian tax return (the worldwide income from the date of arrival), the foreign income reporting, the foreign tax credits (FTCs), the foreign property reporting (the T1135 for the property above $100,000), the GST/HST credit application (the RC66 form), the CCB application, the RRSP and TFSA eligibility for the newcomers, the US-Canada cross-border rules, and the tax treaty benefits.
Canada Non-Resident Taxation Guide (Part XIII Withholding, Section 216 Returns, Tax Treaties)
the non-resident taxation in Canada — the Part XIII withholding tax at 25% (the passive income — the dividends, interest, rent, royalties, pensions), the tax treaty reductions (the US treaty at 15% on dividends, 0% on interest), the Section 216 return for the rental income (the \u201Celective return\u201D — the net rental income taxed at the progressive rates), the Section 115 return for the business income (the \u201Cspecial return\u201D for the non-residents with the Canadian business income), the non-resident withholding tax exemptions, the NR4 reporting, the non-resident GST/HST obligations, and the non-resident capital gains tax (the Section 116 clearance certificate).
Canada OAS & GIS Guide (Old Age Security, Guaranteed Income Supplement, Allowance, Clawback)
the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS) in Canada — the OAS eligibility at age 65 and the maximum OAS pension of $8,231 per year (2025, with the 10% increase starting at age 75), the OAS clawback (the repayment tax) at 15% of the net income above $90,997 (fully phased out at $147,486), the GIS for the low-income seniors at up to $1,164 per month (2025), the Allowance and the Allowance for the Survivor, the OAS deferral (up to 10% increase per year to age 70), and the application process through the Service Canada.
Canada Pension Income Splitting Guide (Pension Credit Splitting, CPP Sharing, RRIF Splitting)
the pension income splitting in Canada — the pension income credit splitting (the Form T1032, the joint election for the pension income, 50% of the eligible pension income can be allocated to the spouse), the CPP/QPP sharing (the CPP assignment for the spouses aged 60+), the RRIF income splitting (the pension income splitting for the individuals aged 65+), the eligible pension income (the RRIF annuities, the superannuation payments, the foreign pension income), the tax benefits of the pension splitting (the reduction in the OAS clawback, the lower combined marginal rate), and the Quebec pension income splitting rules.
Canada Personal Tax Guide 2026 — Federal & Provincial Rates, Deductions, Credits
Canadian personal income tax for 2026: federal and provincial marginal rates, basic personal amount ($16,129), RRSP/TFSA rules, tax credits, and filing deadlines. Includes worked example.
Canada Pooled Registered Pension Plan Guide (PRPP, Self-Employed Pension, Small Business Pension, VRSP)
the Pooled Registered Pension Plan (PRPP) in Canada — the PRPP (the 'Pooled Registered Pension Plan' — the 'retirement savings plan for the self-employed and the small business employees'), the PRPP vs RRSP (the 'employer-sponsored' — the 'pooled investment' — the 'lower fees'), the PRPP contributors (the 'self-employed individuals' — the 'small business employees' — the 'employers without the group RRSP'), the PRPP contributions (the '% of the salary' — the 'employer contribution optional' — the 'employee contribution automatic'), the PRPP investment options (the 'pooled funds' — the 'target-date funds' — the 'balanced funds'), the PRPP vs RPP (the 'defined contribution only' — the 'portable' — the 'low-cost'), the PRPP providers (the 'banks' — the 'insurance companies' — the 'financial institutions'), the Quebec VRSP (the 'Voluntary Retirement Savings Plan' — the 'Quebec PRPP' — the 'mandatory employer offer'), and the PRPP tax treatment (the 'tax-deductible contributions' — the 'tax-sheltered growth' — the 'fully taxable withdrawals').
Canada RDSP Guide (Registered Disability Savings Plan, CDSG, CDSB, DTC Requirement)
the Registered Disability Savings Plan (RDSP) in Canada — the lifetime contribution limit of $200,000, the Canada Disability Savings Grant (CDSG) of up to 300% matching (up to $3,500 per year, $70,000 lifetime), the Canada Disability Savings Bond (CDSB) of up to $1,000 per year ($20,000 lifetime), the Disability Tax Credit (DTC) requirement, the RDSP trustee role, the RDSP withdrawal rules, the RDSP-to-RDSP transfers, the plan termination, and the repayment of the grants and the bonds.
Canada RESP Guide (Registered Education Savings Plan, CESG, CLB, EAP Withdrawals)
the Registered Education Savings Plan (RESP) in Canada — the lifetime contribution limit of $50,000 per beneficiary, the Canada Education Savings Grant (CESG) of 20% on the first $2,500 (up to $500 per year, $7,200 lifetime), the Canada Learning Bond (CLB) of up to $2,000 for the low-income families, the Quebec QESI grant of 10% to 30%, the Educational Assistance Payments (EAPs), the Accumulated Income Payments (AIPs), the RESP subscriber roles, the group RESPs, and the post-secondary education eligibility.
Canada Retirement Income Guide (CPP, OAS, GIS, RRIF, Annuity, Retirement Planning, Income Sources)
the retirement income in Canada — the retirement income sources (the 'CPP', the 'OAS', the 'GIS', the 'RRIF', the 'annuity', the 'employer pension', the 'personal savings'), the CPP retirement pension (the 'maximum $1,433 per month at age 65 in 2025' — the 'CPP enhancement' — the 'early CPP at age 60' — the 'late CPP at age 70'), the OAS pension (the 'maximum $727 per month at age 65 in 2025' — the 'OAS clawback at $90,997' — the 'OAS deferral at age 70'), the GIS (the 'Guaranteed Income Supplement' — the 'low-income senior benefit' — the 'maximum $1,092 per month'), the RRIF (the 'Registered Retirement Income Fund' — the 'mandatory RRSP conversion at age 71' — the 'minimum RRIF withdrawal'), the retirement income calculator (the 'federal Retirement Income Calculator'), the employer pension (the 'defined benefit pension — the DB' — the 'defined contribution pension — the DC' — the 'RPP'), and the working while collecting the pension (the 'post-retirement CPP benefit' — the 'working while receiving the OAS' — the 'CPP post-retirement benefit').
Canada RRSP Guide (Registered Retirement Savings Plan, Contribution Limits, Tax Deduction)
the Registered Retirement Savings Plan (RRSP) in Canada — the contribution limit of 18% of the earned income up to $31,560 (2025), the deduction limit, the unused contribution room (carried forward indefinitely), the RRSP deadline of March 2, 2026 (for the 2025 tax year), the spousal RRSP, the Self-Directed RRSP, the RRSP-to-RRIF conversion at age 71, the Home Buyers' Plan (HBP), the Lifelong Learning Plan (LLP), the tax-free growth, and the RRSP withdrawal tax rates.
Canada Social Security Agreements Guide (CPP/OAS with Other Countries, Cross-Border Benefits, International Pension)
the social security agreements in Canada — the international social security agreements (the 'SSA' — the 'totalization agreements' — the 'CPP/OAS coordination with the other countries'), the countries with the agreements (the '60+ countries' — the 'US', the 'UK', the 'Australia', the 'France', the 'Germany', the 'Japan', the 'Philippines', the 'India', the 'South Korea', the 'Mexico'), the totalization (the 'combine the contribution periods from Canada and the agreement country to qualify for the CPP and the OAS'), the CPP coordination (the 'CPP benefits for the people who worked in Canada and the agreement country' — the 'CPP export'), the OAS coordination (the 'OAS for the people who lived in Canada and the agreement country'), the agreement benefits (the 'CPP survivor benefit', the 'CPP disability benefit', the 'OAS pension', the 'GIS'), the US-Canada agreement (the 'US social security and the Canada CPP/OAS coordination' — the 'windfall elimination provision' — the 'WEP' — the 'government pension offset' — the 'GPO'), and the applying for the benefits under the agreement (the 'Service Canada application' — the 'form ISP-2000' — the 'CPP-SS agreement form').
Canada Tax-Efficient Investing Guide (Asset Location, RRSP vs TFSA, Corporate Class Funds, Swap ETFs)
the tax-efficient investing in Canada — the asset location strategy (the 'place the tax-inefficient investments inside the registered accounts' — the 'place the tax-efficient investments outside the registered accounts'), the investment type by the tax efficiency (the 'interest income — the least tax-efficient — the best in the RRSP', the 'Canadian dividends — the tax-efficient — the best in the non-registered', the 'capital gains — the tax-efficient — the best in the non-registered', the 'US dividends — the best in the RRSP — the no withholding tax'), the RRSP investing strategy (the 'US stocks and the ETFs — the no 15% US withholding tax', the 'bond ETFs and the GICs — the interest is fully taxable in the non-registered'), the TFSA investing strategy (the 'Canadian dividend stocks — the tax-free dividends', the 'high-growth stocks — the tax-free capital gains'), the non-registered investing strategy (the 'Canadian dividend ETFs — the eligible DTC', the 'swap-based ETFs — the Horizons — the no distributions'), the corporate class funds (the 'swap-based mutual funds — the tax-deferred growth' — the 'corporate class T-series — the return of capital'), and the tax-efficient withdrawal strategy (the 'TFSA first — the registered account withdrawals' — the 'RRSP last — the tax-deferred growth').
Canada Basic Personal Amount Guide (2025 Tax-Free Threshold, BPA Phase-Out)
the Canadian Basic Personal Amount (BPA) — the federal BPA of $16,129 for 2025, the enhanced BPA that phases out at $173,205 to $253,414 of net income, the spousal amount of up to $16,129, the age amount of up to $8,790, the pension income amount of $2,000, the disability amount of $9,628, and the Canada employment amount of $1,433 — all calculated at the 15% non-refundable credit rate.
Canada Tax-Loss Harvesting Guide (Capital Loss, Superficial Loss Rule, Wash Trade, Loss Carry-Forward)
the tax-loss harvesting in Canada — the capital loss harvesting (the 'sell the investment at the loss to offset the capital gains' — the 'realized capital loss'), the superficial loss rule (the '30-day rule' — the 'cannot buy the identical property within the 30 days before or after the sale'), the superficial loss and the TFSA and the RRSP (the 'TFSA and the RRSP purchase triggers the superficial loss'), the capital loss carry-forward (the 'net capital loss can be carried forward indefinitely' — the 'carry-back 3 years'), the capital loss and the capital gain netting (the 'capital loss offsets the capital gains in the same year'), the allowable business investment loss (the 'ABIL' — the 'loss from the small business corporation shares'), the wash trade prohibition (the 'CRA anti-avoidance rules' — the 'superficial loss denial'), the tax-loss harvesting strategy (the 'year-end tax planning' — the 'December portfolio review' — the 'offset the realized gains'), and the tax-loss harvesting in the registered accounts (the 'no capital gains tax in the TFSA and the RRSP — the loss harvesting does NOT apply').
Canada Tax Planning Strategies Guide (Year-End Planning, Income Splitting, Attribution Rules, Prescribed Rate Loan)
the tax planning strategies in Canada — the year-end tax planning (the 'RRSP contribution before the March 2 deadline', the 'TFSA contribution before the December 31', the 'capital loss harvesting in the December'), the income splitting strategies (the 'spousal RRSP', the 'pension income splitting', the 'family loans at the prescribed rate', the 'family trust'), the prescribed rate loan (the 'CRA prescribed rate at 5% in 2025' — the 'loan to the spouse or the trust' — the 'income in excess of the prescribed rate is taxed in the hands of the recipient'), the attribution rules (the 'income attribution from the spouse to the spouse' — the 'capital gains attribution' — the 'TOSI — the Tax on Split Income'), the pension income splitting (the 'up to 50% of the eligible pension income can be transferred to the spouse'), the dividend income splitting (the 'eligible dividends from the corporation' — the 'TOSI limitations'), the tax-free income sources (the 'TFSA growth', the 'capital gains from the principal residence'), and the tax deferral strategies (the 'RRSP contribution', the 'corporate surplus retention', the 'capital gains reserve').
Canada Tax Return Guide (NETFILE, EFILE, Filing Deadlines, CRA My Account)
filing a Canadian income tax return — the T1 General return, the NETFILE and the EFILE and the paper filing methods, the April 30 filing deadline (June 15 for the self-employed), the CRA My Account, the MyCRA mobile app, the NOA (Notice of Assessment), the reassessment, the ReFILE service, the voluntary disclosures, and the EFILE/NETFILE limits.
Canada TFSA Guide (Tax-Free Savings Account, Contribution Room, Overcontribution Penalty)
the Tax-Free Savings Account (TFSA) in Canada — the annual TFSA dollar limit of $7,000 for 2025, the cumulative contribution room of $102,000 (as of 2025), the tax-free investment growth, the tax-free withdrawals (no clawback), the recontribution rules, the overcontribution penalty of 1% per month, the TFSA qualifying investments, the day trading and the business income concerns, the death of the TFSA holder and the exempt contributions, and the TFSA vs RRSP comparison.
Canada Tuition Tax Credit Guide (T2202, Eligible Fees, Transfer to Parent, Carry-Forward)
the tuition tax credit in Canada — the eligible tuition fees (T2202 slip), the 15% federal non-refundable credit, the transfer of the unused tuition credit to the parent or the grandparent (up to $5,000), the indefinite carry-forward of the unused tuition credit, the provincial tuition credits (the Quebec, Ontario, BC, Alberta), the tuition credit for the foreign universities (the foreign education fees), the education and textbook amounts (the pre-2017 credits that have been eliminated), and the students with the disabilities.
US Citizens Living in Canada Tax Guide (Cross-Border, FATCA, FBAR, US-Canada Treaty)
the US-Canada cross-border taxation for the US citizens and the US green card holders living in Canada — the dual-filing obligation (US IRS and Canada CRA), the US foreign tax credits (FTCs), the US-Canada Tax Convention (Article IV — the tie-breaker rules, Article XXIX B — the savings clause), the FATCA (Foreign Account Tax Compliance Act — the FBAR, the Form 8938, the Form 3520), the PFIC (Passive Foreign Investment Company) rules for the Canadian mutual funds and the ETFs, the RRSP and the TFSA treatment for the US tax purposes, the Canadian corporation ownership (the CFC and the Subpart F rules), the US estate tax for the Canadian residents, the US exit tax for the expatriating citizens, and the streamlined filing compliance procedures.
Canada Workers Benefit Guide (CWB, Disability Supplement, Working Income Tax Benefit)
the Canada Workers Benefit (CWB) — the refundable tax credit for the low-income workers in Canada, the maximum CWB of $1,590 (single, 2025) and $2,739 (family), the disability supplement of $816, the phase-in rate of 27%, the phase-out rate of 15% (single) and 10% (family), the CWB eligibility (the Canadian resident aged 19+, the employment income of $3,000+, the net income below the threshold), the advance CWB payments, the CWB compared to the former Working Income Tax Benefit (WITB), and the provincial CWB supplements (the Quebec Work Premium, the BC Climate Action Tax Credit).