Question:
I get 1200/ year x 2 = 2400 per year for my boys. My husband And I did our taxes this year and our accountant filed that income under him. The chqs are in my name so I assumed they would be filed under me. My accountant told me it is not her who chooses who claims it, there are a variety of factors that she has to take into consideration.
The reason I ask is because this has increased my husbands line 150 by $2400, we now owe his ex more in CS. The amount is minimal ( we will pay The difference that we gave her in post dated chqs ( Amount on T4) and this amount in one lump sum for the 12 months she will be shorted.
Pls don't get me wrong, I'm not complaining. My husband was 15 when he had this child from his 19 year old GF and has paid support from day one. BUt it is my understanding ( I could be wrong) that the 1200 per year that the primary
caregiver gets does not count as income when taking into account section 7 expenses. So why would the 2400 that I get for my boys be included as
income. It is my understanding that we get this money for the children. Why does the primary caregiver not have to claim it as income but the payor does?
Please correct me if I am wrong! From what I could find was that it does not count as income if u are the primary caregiver. I could have been misinformed.
I get 1200/ year x 2 = 2400 per year for my boys. My husband And I did our taxes this year and our accountant filed that income under him. The chqs are in my name so I assumed they would be filed under me. My accountant told me it is not her who chooses who claims it, there are a variety of factors that she has to take into consideration.
The reason I ask is because this has increased my husbands line 150 by $2400, we now owe his ex more in CS. The amount is minimal ( we will pay The difference that we gave her in post dated chqs ( Amount on T4) and this amount in one lump sum for the 12 months she will be shorted.
Pls don't get me wrong, I'm not complaining. My husband was 15 when he had this child from his 19 year old GF and has paid support from day one. BUt it is my understanding ( I could be wrong) that the 1200 per year that the primary
caregiver gets does not count as income when taking into account section 7 expenses. So why would the 2400 that I get for my boys be included as
income. It is my understanding that we get this money for the children. Why does the primary caregiver not have to claim it as income but the payor does?
Please correct me if I am wrong! From what I could find was that it does not count as income if u are the primary caregiver. I could have been misinformed.