For the northern residence travel deduction, does it make a difference to claim your children's trips under the higher income earner or lower income earner?
For the northern residence travel deduction, does it make a difference to claim your children's trips under the higher income earner or lower income earner?
Since the Northern Residence Deduction reduces your taxable income, which lowers your tax liability; it would make more sense to include the Northern Residence Travel Deduction on thehigher income earners' tax return.
For more information on the Northern Residence Travel Deduction please refer to the following TurboTax article: