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You are viewing a preserved web page, collected by Library and Archives Canada on 2007-11-21 at 00:43:08. The information on this web page may be out of date and external links, forms, search boxes and dynamic technology elements may not function. See all versions of this preserved page.
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Canada Revenue Agency
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Tax tip

The age amount has increased

Did you know…

That as of January 1, 2006, the age amount maximum increased from $4,066 to $5,066? If you were 65 or older on December 31, 2006, and your net income was less than $64,043, you can claim the age amount. You may also be able to transfer unused portions of the age amount to your spouse or common-law partner.

For more information, visit our Web site at www.cra.gc.ca/tax/individuals/topics/income-tax/return/completing/deductions/lines300-350/301/menu-e.html.


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