a) Which of the following is not an acceptable method of reducing your tax bill?...
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Finance
a) Which of the following is not an acceptable method of reducing your tax bill?
| Deducting employment expenses you were reimbursed for | ||
| Using as many deductions as possible to reduce your marginal tax rate | ||
| Taking a loan for investment purposes and deducting the interest | ||
| Increasing your contributions to tax-advantaged retirement accounts |
b) If you are a married taxpayer supporting a spouse whose has less than income,
| your spouse will not be able to apply for the GST/HST refund. | ||
| you must be the one to claim all tax credits. | ||
| you are entitled to a spousal or common-law partner tax credit. | ||
| you are entitled to a dependent partner tax deduction. |
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