The CWB is a tax credit program designed to provide financial support to low-income workers in Canada.
The CWB provides financial support to low-income workers. It includes a basic amount and a disability supplement.
You are eligible for the introductory amount of the CWB if you are at least 19 years old on December 31 of the tax year.
Maintaining Canadian residency year-round is crucial for tax purposes and legal compliance requirements.
You may be eligible for the disability supplement if Your net income is below then the target of your province or territory of residence.
The maximum basic amount for the CWB is $1,428 for single individuals and $2,461 for families annually.
The maximum disability supplement amount in Canada is $737 for single individuals and $737 for families.
The first step to claiming the CWB is to file your income tax and benefit return for the tax year using NETFILE or by mail.
Complete Schedule 6:- The CWB is claimed using Schedule 6, which is part of your federal tax return.
After Schedule 6 calculates your CWB amount, this will be entered on line 45300 of your federal tax return.
To receive the advanced payments, the CRA must receive your income tax and benefit return before November 1 of the benefit period.
Learn more