Canada Oas Clawback 2024

Canada Oas Clawback 2024. If your net income exceeds this. What is the oas clawback?


Canada Oas Clawback 2024

Individuals with high incomes will receive reduced oas payments due to a recovery provision of the income tax act. The oas clawback, also known as the oas recovery tax, can significantly impact the amount of oas benefits you receive if your income exceeds a certain.

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