Question on income tax: INCOME SPLITTING
Hi everyone,
I need advice on income splitting. I've been googling and I'm still confused. We are a family of 3: mom, dad (both under 65) and 3 years old child. I made the most money and I'd like to know if I can transfer some of my earned income from my employer to my husband and child. If so how much can I transfer? I assume it's the difference between what he made and the federal amount of $47,630?
I logged into my CRA account and I could not find the RC62 slip for UCCB?
Thank you