Get Assessable Spouse Election Form

This guide provides a comprehensive overview of the Assessable Spouse Election Form, helping users understand each component and how to complete it effectively online. With clear, step-by-step instructions, you can ensure that your form is accurately filled out.

Follow the steps to complete the Assessable Spouse Election Form online.

1. Click the ‘Get Form’ button to obtain the Assessable Spouse Election Form and open it in your preferred online editor.
2. Begin by entering the name and Personal Public Service (PPS) Number of the husband, followed by the name and PPS Number of the wife. Ensure that all details are accurate to prevent any issues during processing.
3. Provide the couple's address and the date of marriage. This information is essential as it establishes the context for the election of the assessable spouse.
4. Next, input the estimated income for the current tax year for both the husband and wife. Accurate income estimates will facilitate the correct allocation of tax credits.
5. In section (a), jointly elect which spouse will be the assessable spouse by writing their name. This is a crucial decision that has implications for tax credit allocation.
6. In section (b), indicate how the tax credits and Standard Rate Cut-Off Point should be allocated. You can specify the amounts for both spouses or choose one of the provided options (keeping current allocations, dividing equally, or allocating all credits to the assessable spouse).
7. After filling out the form, ensure both spouses sign it. This confirms that both parties agree to the information presented and the election made.
8. Finally, save your changes. You can download, print, or share the form as necessary to submit it to your local Revenue Office.

Complete your Assessable Spouse Election Form online today to ensure accurate tax assessments.