Last updated: February 12 2013

Combined Family Net Income is Required

You can have zero income and pay zero taxes but still receive refundable tax credits in Canada—simply by filing a tax return. But because many of these credits are based on “family” rather than “individual” net income, you and your spouse need to file tax returns together. 

Planning to reduce your net incomes together, instead of individually, is therefore smart, and a focus for family tax planning.