Tax Talk: What you should know about common-law filing
(NC)— The tax experts at HR Block answer one of the most frequently asked questions at this time of the year:
Q. I have been living with my boyfriend since July 2012? Do I file as common-law?
A. You are not considered common-law for tax purposes until you have lived together for 12 continuous months. But if you have children, you are considered common-law as soon as you begin living together. Your marital status is determined on December 31 of the tax year. Once you are common-law, you continue to file individual returns, but with spousal information. There is no joint filing option in Canada.
More information is available online at hrblock.ca.
Word count: 106
Articles are provided free of charge. Articles appearing on web sites, must credit www.newscanada.com. Articles appearing in Print, must credit News Canada with (NC) at beginning of an article or – News Canada at the end. Any source/sponsor of the information quoted in the text must also be identified as presented. Images are only to be used with corresponding editorial copy. Usage of News Canada articles constitutes your acceptance of these terms and an agreement between you and News Canada.