Dear MoneyReadyApp users,

We have added new functionality to the MoneyReadyApp. The program now calculates disability tax credits, the caregiver tax credits, and the eligible dependent credit for single parents and caregivers.
The calculation is done federally and for all provinces and territories. We aim for accuracy but can not guarantee the tax calculations.
CHILDREN are now DEPENDENTS on the Menu. For children you have already entered, they are assumed to be able and dependent (for tax purposes) until their 18th birthday. You can edit the child if you wish to make changes. You can also add additional eligible dependents (current or future).
If you or your spouse are eligible for the disability tax credit, you can now indicate that by checking the box in your PROFILE.

Many of these benefits are income-tested, so we also now allow you to enter INCOMES for your dependents.
If you have a CCPC, you can now specify income from the CCPC to your dependent (instead of "Other') and their taxable income will automatically be adjusted.
You will not see the income to your dependents, just the tax benefits to you when applicable.

We have also made the site faster for people with many accounts and investments as it would get bogged down with all the graphs.
You can now download the All-Investments table to csv or Excel.
You might be seeing dividends appearing in your distributions table, that you can also download.

We have added a FAQ for registered users with a list of common pitfalls that we have gathered from user comments.
Let us know if you'd like us to add anything to the list or to the FAQs.

We welcome any questions and feedback,

Elisabeth Tillier, Ph.D
Head of Money-Ready