Pension Tax Credit

Sep 29, 2019 · 5m 30s
Pension Tax Credit
Description

Let’s look at what the federal pension tax credit is all about. What kind of tax rate applies? The government allows you to claim a federal non-refundable tax credit up...

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Let’s look at what the federal pension tax credit is all about. What kind of tax rate applies?

The government allows you to claim a federal non-refundable tax credit up to 15% of the first $2,000 of pension income.

What does that mean?

Let's break it down.
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Author Rob Tetrault
Organization Rob Tetrault
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