TAX QUESTIONS? YOU ASK LAH!

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Q: I am divorced. If my former husband is claiming the child relief for our child in full, am I still eligible to claim education insurance relief for the same child?

A: Yes. Even if your former husband has claimed the child relief in full, you may still claim education insurance relief for the same child. Education insurance relief is determined based on the name of the policyholder. As long as you paid the insurance premium and your name is stated as the policyholder in the statement, you are eligible to claim the relief.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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