My husband and I are wondering if you are in arrears on your student loan, and if the government normally applies your tax return to this debt, can you still collect the child tax credit?
2006-07-18 09:18:15 · 4 answers · asked by lucyr2xoxo 2 in Business & Finance ➔ Taxes ➔ Canada
yes .it is a seperate issue from you normal tax, it is for the cildren
2006-07-19 04:30:55 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The Child tax credit is separate and can't be taken to pay off student loan arrears.
2006-07-19 17:37:24 · answer #2 · answered by kalsmom 5 · 0⤊ 0⤋
I just got passed in parliament yesterday.
I think it is separate from your other tax credit issues, but I'm sure the details will get ironed out over the next couple of months.
2006-07-18 16:27:20 · answer #3 · answered by jrlatmit 3 · 0⤊ 0⤋
The money is supposed to be spent exclusively on your child, hence all the fuss over the "beer and popcorn" remark.
If you don't get it, I'd make a fuss.
2006-07-18 16:22:49 · answer #4 · answered by QED 4 · 0⤊ 0⤋