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The amount deducted from your OAS is called OAS recovery tax - see link at bottom. If you know that your income will not exceed the OAS threshold, or will not exceed it by as much as the previous year, you can request that less or no recovery tax be deducted, by completing form T1213(OAS) - see link at bottom.
If you receive Old Age Security pension and your income exceeds a certain To apply for a waiver, complete Form T1213(OAS), Request to Reduce Old Age
17 Sep 2015 The clawback is 15 cents for every dollar of income over $72,809. by filing Form T1213(OAS) which you'll find online at www.cra.gc.ca.
This is the OAS Recovery Tax. If you know that your income that year will not exceed the OAS threshold, or will not exceed it by as much as the previous year, you can request that less or no recovery tax be deducted, by submitting form T1213(OAS) early in the calendar year.
Age Security Pension form as well as any necessary documents personal income tax return) exceeds a T1213 (OAS), Request to Reduce Old. Age Security
Use this form to request to reduce your old age security (OAS) recovery tax if you Before you send us your request, ensure that your income tax returns for the
look in return – even from those who actually pay the tax. Talk about the Old Age Security (or OAS) is one the two main components of Canada's government- . The means for doing so is a prescribed form, the Request to Reduce Old Age.
6 Sep 2017 Form to be completed by individuals to request a reduction inthe amount of Old Age Security Recovery Tax withheld.

For 2016, the prescribed income ceiling for the OAS clawback was $73,756 and The way to do so is to file a prescribed form — the T1213 (OAS), Request to

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March 2018