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T1
448 Personal tax credits
  Incorrect calculation of the age amount on line 30100 of the income tax return for people subject to the CRB clawback |
| Program(s) affected: |
T1 |
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Document created: |
04 14, 2020 |
| Tax year(s): |
2020 |
Document last modified: |
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| Version(s): |
24.01, 24.05, 24.10, 24.11, 24.12, 24.13, 24.14 |
Problem status: |
Fixed in v24.20 |
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My client is aged 65 or older and has to repay the Canadian recovery benefit (CRB) on line 23500 of the income tax return because their net income before adjustments (line 23400) exceeds $38,000. Their net income on line 23600 is therefore reduced accordingly, but the software uses the net income before adjustments (line 23400) rather than the net income (line 23600) to calculate the age amount. Is this correct?
No. The age amount calculation on line 30100 should be made from the net income shown on line 23600 and not from the net income before adjustments shown on line 23400. This error occurs when the individual is subject to the CRB clawback calculated at line 23500.
Note that this issue is fixed in version 24.20.
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