Oscar is 73 years old. His 2020 net income for tax purposes from his RRIF and other investments is $120,000. He lives with his common-law partner, Felix who is 63 years old. Felix's only income for 2020 was investment income of $6,000. Oscar can claim all of the following federal tax credits except:
A) basic personal tax credit.
B) age tax credit.
C) pension tax credit.
D) spousal tax credit.
Correct Answer:
Verified
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