While completing part year resident return for Canada, my questions on Schedule 1 are as below.
1) Basic personal amount $ 10,320 - Line 300- Is that applicable for only the period while resident. For example if resident for 4 months, do I get only 1/3 and so on?
2) Is that same case for dependent child credit- Line 367
3) OSAP student loan- Line 317- Can you deduct full year interest or only for resident period.
4) Schedule 1 and schedule 2 have some items common. Which is to be used for claiming common item?
Non refundable tax credits for Non resident on Canada return
Moderator: Mark T Serbinski CA CPA
Doing the return using software like ufile, will correctly determine what percentage of your persoanl ammounts you will be entitled to.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best