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February 26, 2025
Question

CTB calcuations

  • February 26, 2025
  • 1 reply
  • 0 views

I am working on my nieces return. She is low income (23K) and has I dependent child. When I conduct a review of her return it says her CTB will only be 72.00 a month. When I imput the same information on the government website is says her CTB will be over 700 a months. Is there a problem with the software?

    1 reply

    TurboTaxAniqua
    February 26, 2025

    The amount shown for CCB in TurboTax is an estimated amount. The correct amount will be assessed by CRA after they review the return.

     

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