Questions about tax filing

chrichri

Hi...

I just wonder if any of you know the difference between tax filing for individual and married couple tax filing. Do you pay more or less tax after you get married?

I know that each individual can claim up to 2500.00 student loan interest payment for tax credit, but what happens to a married couple? Would that be the same, like 2500.00 each or a total of 2500.00?

Is there a such thing called income splitting?

Thanks for answering my question...

chrichri

Thanks for answering my question....

i guess I misunderstood about how the tax credit works for student loan interest payment.
I was doing some researches about it this morning online. I guess i must have read the US articles instead of the Canada ones...



By the way, what tax filing software do you guys use?
I have been using Quicktax since my 1st income tax filing.
Any other recommendations?

thanks.

chrichri

ya, i think i read the US policy.... oops.

any joint filing benefits for newly married couple with no kids?
i wish my tax refund would be the same or more this year.....