Hi all,
My ex and I have been divorced for a few years. We have a valid separation agreement in place. Our agreement seems to be fine, aside from a few items.
We have 2 school age children and I earn 40,000 per year and he makes around 140,000 per year plus 15,000 in bonuses, overtime as well as he owns an income property for about 1800 per month. On a side note he has hidden parts of his income from me such as a bonus over 10,000 as well as had his family member pay rent for his income property under the table so as not to have to include the amount paid toward his income.
He has been pressuring me into changing our separation agreement so that he is able to claim one of our kids as an Eligible Dependent. We didn't realize when we made our agreement that CRA would deny him because he pays me the offset amount.
A couple of years ago he was pressing me to change the support agreement as he keeps getting denied the eligible Dependant. We tried adding our own amendment to the agreement with taxes but that was not acceptable to CRA. We had agreed on amount that he would pay me for support based on the csg.
He is really pressuring me now to have our separation agreement updated Before this year's tax deadline. Aside from him changing the wording for him to be eligible to claim one child at taxes, he has stated other items he wants to add that I would have to review with a lawyer.
I think the agreement is fine as is. Is it legal to change the wording of our support to indicate that I pay him support and he also pays me support... In order for him to claim eligible Dependant? It seems a bit far fetched as he makes 3 x more money than I do, and I don't make a support payment to him. Will CRA recognize him as being eligible if he changes the wording? Should it be him paying the lawyer fees to review this all, or would I pay half?
Thanks
RT
My ex and I have been divorced for a few years. We have a valid separation agreement in place. Our agreement seems to be fine, aside from a few items.
We have 2 school age children and I earn 40,000 per year and he makes around 140,000 per year plus 15,000 in bonuses, overtime as well as he owns an income property for about 1800 per month. On a side note he has hidden parts of his income from me such as a bonus over 10,000 as well as had his family member pay rent for his income property under the table so as not to have to include the amount paid toward his income.
He has been pressuring me into changing our separation agreement so that he is able to claim one of our kids as an Eligible Dependent. We didn't realize when we made our agreement that CRA would deny him because he pays me the offset amount.
A couple of years ago he was pressing me to change the support agreement as he keeps getting denied the eligible Dependant. We tried adding our own amendment to the agreement with taxes but that was not acceptable to CRA. We had agreed on amount that he would pay me for support based on the csg.
He is really pressuring me now to have our separation agreement updated Before this year's tax deadline. Aside from him changing the wording for him to be eligible to claim one child at taxes, he has stated other items he wants to add that I would have to review with a lawyer.
I think the agreement is fine as is. Is it legal to change the wording of our support to indicate that I pay him support and he also pays me support... In order for him to claim eligible Dependant? It seems a bit far fetched as he makes 3 x more money than I do, and I don't make a support payment to him. Will CRA recognize him as being eligible if he changes the wording? Should it be him paying the lawyer fees to review this all, or would I pay half?
Thanks
RT
Comment