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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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  #11  
Old 11-03-2012, 11:09 AM
dinkyface dinkyface is offline
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Your employer deducts tax from every paycheck and sends it to CRA.

YOU can fill out a form and give it to your employer (not CRA) so that they deduct less tax from every paycheck.

YOU pay SS to your ex each month (cash, cheque, money transfer: however you agree to).

On your 2013 tax return, you enter the amount of SS paid in 2012 as a deduction (if you paid $6000 SS, then your taxable income is reduced by $6000).
  #12  
Old 11-03-2012, 04:31 PM
sam666 sam666 is offline
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Thanks guys! It's even better that I transfer money to her myself.
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Old 11-03-2012, 04:43 PM
sam666 sam666 is offline
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on that note, whats the 'best' way of paying SS? Cheque? e-Transfer? or some other way?
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Old 11-03-2012, 05:11 PM
standing on the sidelines standing on the sidelines is offline
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Quote:
Originally Posted by sam666 View Post
on that note, whats the 'best' way of paying SS? Cheque? e-Transfer? or some other way?
whatever way you have a paper trail is the best.
  #15  
Old 11-03-2012, 08:11 PM
sam666 sam666 is offline
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my lawyer says to give her 12 post dated cheques at the start of every year...is this ok?
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