Impact of personal tax credits on tax deductions


Response to the following problem:

The TD1 form is used by employees to claim federal personal tax credits impacting their tax deductions. Choose three of the tax credit amounts available on the TD1 (except the basic personal amount) and explain who might claim these tax credits and how this will impact the employee's tax situation.

Make sure you use enough details to support your answer.

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Taxation: Impact of personal tax credits on tax deductions
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