this post was submitted on 06 Apr 2024
188 points (98.0% liked)

Canada

7210 readers
297 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Poutinetown@lemmy.ca 10 points 7 months ago (1 children)

The article is written in a very misleading way. 10-20% could be seen as a "good" portion, but it will be returned in the next year since 6K a year will be in the lowest tax bracket.

[–] n2burns@lemmy.ca 7 points 7 months ago

Most banks default to 10% tax deducted at source. Clients can tell the bank to take more or less, but you're right, she should be getting back almost of it (if not all of it) when she files.