2006-11-24 12:43:21 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Canada
I am in a common law relationship, and I do know we pay more for taxes. We would pay less if we were legally married. You are considered common law if you live together for 2 years with your partner. You may want to check with your accountant, but I sort of think single is the way to go. If you really want to save on your taxes you need to pop the question and get married.
2006-11-24 12:52:55 · answer #1 · answered by Girls M 4 · 0⤊ 0⤋
For the average taxpayer, I don't think it makes much difference from taxation point of view. But from legal point of view, if you are common law you are required to report it.
Canadian tax law mostly treats couples as two singles anyway.
2006-11-24 20:47:07 · answer #2 · answered by Julian A 4 · 0⤊ 0⤋
Its better to be honest and claim what you are.
If you are busted for something that you are not, you will be able to add TAX FRAUD to your resume.
2006-11-24 23:03:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋