Are single seniors unfairly penalized at tax time?
Callum Sutherland - Apr 19, 2021
If your income is high enough to trigger a clawback of Old Age Security (OAS) payments, based on the income you’ve reported on your tax return, the physical payments are normally stopped. However, you will still receive a T4A showing that you receive
This article talks about OAS clawback and income splitting and the disadvantage of seniors who are single. Click here to read the article.