Difference between revisions of "Spousal Support"

A ''source deduction'' (or payroll deduction) is an amount of money your employer is required by law to deduct from your pay and remit to the Canada Revenue Agency. Your employer calculates the source deduction based on the salary or wages they are paying you. You need to take steps to make sure that any periodic spousal support you're paying is also factored in, otherwise your source deduction will be higher than it needs to be. While you could just wait to until tax time to get the money back, you do not need to. You can arrange through your payroll department and the [https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/support-payments/deductions-your-pay.html Canada Revenue Agency] for approval of an adjustment to your source deductions for income tax, so your new take-home pay reflects both the payment of spousal support and the deduction for tax purposes.