Family Tax Cut

Infographic

The Family Tax Cut non-refundable tax credit of up to $2,000 for eligible couples with minor children based on the net reduction of federal tax that would be realized if up to $50,000 of an individual’s taxable income was transferred to the individual’s eligible spouse or common-law partner. This would take advantage of a spouse’s lower income tax bracket.

See also:
Family Tax Cut – FAQ
Family Tax Cut – Calculator

Family Tax Cut Infographic