Tax Refund From Canada

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Tax Refund From Canada

Question: How Much will my Tax Refund be?

I’m a single male who lives in PEI Canada. I made $12000 employment income and $4000 EI benefits. Approximately $1800 was witheld from employment and $465 from EI. I also paid about $300 in student loan interest if that effects anything. I’m just wondering if I will be getting a refund or have to pay taxes.

Answer: From the information you gave you should get a refund of $1,287.21. That could change if you have any other deduction or credits.

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