Hi there.
I am using the H&R Block software to do this for myself and wife, and just have a few quick ones.
We moved in September back and both became residents. (I am a returning citizen and she is a PR)
So while filling out the forms I have reported the small income she made in the Philippines but over all I believe that based on my not working and all the credits, even without factoring in any foreign tax credits, I don't see it deducting anything since we didn't make much. (For both foreign and Canada income when she got work when we arrived.)
Do I have to apply for the foreign tax credit (T2209) if there would be no benefit or just leave it out? I figure it might just complicate the return.
Any other tips on this would be great if anyone has anything else to add
Thanks ahead of time.
I am using the H&R Block software to do this for myself and wife, and just have a few quick ones.
We moved in September back and both became residents. (I am a returning citizen and she is a PR)
So while filling out the forms I have reported the small income she made in the Philippines but over all I believe that based on my not working and all the credits, even without factoring in any foreign tax credits, I don't see it deducting anything since we didn't make much. (For both foreign and Canada income when she got work when we arrived.)
Do I have to apply for the foreign tax credit (T2209) if there would be no benefit or just leave it out? I figure it might just complicate the return.
Any other tips on this would be great if anyone has anything else to add
Thanks ahead of time.