James J. asked

💰  Tax

What deductions are available for seniors, specifically regarding line 23200 on a tax return, and how do they apply to my situation where I made $54,827 from OAS, CPP, 2 RRIFs, and cashed in a Whole Life insurance policy?

February 5th, 2023

Isaiah H. answered

For seniors, certain deductions can be claimed on line 23200 of your tax return, including old age s...

February 5th, 2023

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