Reduce OAS clawback - form T1213OAS скачать в хорошем качестве

Reduce OAS clawback - form T1213OAS

The OAS clawback is officially known as the OAS recovery tax. The clawback for any payment year (from July to June) is “normally” based on your net income as reported on your tax return for the previous calendar year. There is a provision in the Income Tax Act that allows the clawback to be based on your income for the current calendar year, if your income in the current calendar year will be substantially lower than it was in the previous calendar year. You must submit form T1213OAS to the CRA to have your OAS clawback based on current year vs previous. https://www.canada.ca/en/revenue-agen... If you have any further questions about this video or any financial planning questions, I recommend finding a certified financial planner  in your area or booking a discovery call with us to get your plan on track.  You can email  msvoboda@harbourfrontwealth.com  or call (236) 521-5708 (Vancouver, BC) and we will schedule a discovery call / meeting with you.