What happens to tax returns of people who are declared dependants? would this impact funds like OAS, and other credits?Considering declaring a parent a dependant.
What happens to tax returns of people who are declared dependants? would this impact funds like OAS, and other credits?Considering declaring a parent a dependant.
Declaring a parent as a dependent should not impact their tax return. OAS qualification is based on their income, so it would not be impacted. Hope that helps!