[bychance]

I am eligable for a disability tax credit. Since I do not work, it was best to claim it under my husbands income taxes. So the money is for my disabilities. The cheque caame in the mail and he cashed it into his account without speaking to me about it. He told me after. He wants to add it to his rrsp, to lower his income for tax time, even though it is not taxable income. I think it is better to add it to my tax free savings account. So now he says he will give me half of it back. this is not feeling right to me. Especially since i feel he took it from under my nose, money for my disabilites. My tax fee savings is for us, maybe a house or retirement savings. Please advise. I am feeling like he stole money from me.

[divine1966]

We file taxes together as “married”. Whatever we get back is equally ours, we do not consider it mine or his even though return could be due one of us getting money back for specific reason. If you file together there needs to be a discussion. We discuss what are we going to do with a return if we get it.

One person cashing it out and somehow not telling the other would be a big issue. Yes if my husband did it, I’d consider it stealing.

Does he always do fishy dodgy things or is it the first time?

[Rive.]

His account? His income? He will only give you half of it? Wow. Clearly not a 'we' or 'us' but 'me, me, me' with your husband. Yes, it does seem he is stealing from you.

[eskielover]

Hmmmm, are you active in understanding every aspect of money that goes on in your marriage? Here in the US we have retirement IRA's that are in the individual's name who is working & any money that goes into the account is tax deferred or recorded that it was tax free money deposited into it. I think for your own well being you need to become very educated in all aspects of your marriage finances & not leave it up to him or have it as his & yours so you don't have to understand what he is doing. It is important to have an equal understanding of ALL finances that exist within a marriage & you should be just as involved & responsible as he is with how the money is set aside & taxed