$1428 Canada Workers Benefit Payment 2024: Check Eligibility, 1st Quarter Payment Date

The Canadian government has taken many steps for the betterment of the low wage workers in the country. One such step was the introduction of the Canada Workers Benefit (CWB). And since its initiation in 2007 it has helped millions of workers in Canada. 

Various new portals have been claiming that there is going to be a disbursement worth $1428 Canada Workers Benefit Payment 2024. However, no confirmation regarding the same can be found anywhere on any government website. So this news can only be classified as a rumor based on the data available currently. Nevertheless if such a disbursement is made then it will only be a matter of joy for all. As of now, we can only wait for the designated government authorities to release a formal notification regarding the same.

$1428 Canada Workers Benefit Payment 2024

$1428 Canada Workers Benefit Payment 2024

The CWB is a refundable tax credit given to those workers who are a part of the low income earners. The CWB can be divided into two parts, the first part consists of a basic amount and the second one consists of a disability supplement. This is a much needed financial aid for the low income workers amidst the rising costs of living in Canada today. The rumored $1428 Canada Workers Benefit Payment 2024 disbursement has brought a ray of hope for many Canadians but there is no sign of an official confirmation regarding the same on any government channel yet.

ProgramDetails
Name of the Program $1428 Canada Workers Benefit Payment 2024
Managed byCanada Revenue Agency (CRA)
Government Canadian Government 
Amount $1428
Beneficiaries Citizens/Residents of Canada
Category Finance
Official Website www.canada.ca

$1428 CWB Eligibility 2024

It is crucial for all interested candidates to know the eligibility criteria for any program that they want to get involved in. They must know the overall parameters that they will need to fit in order to become eligible for the specific program in question. We have mentioned below a generic $1428 CWB Eligibility 2024.

You will be eligible for the basic amount under CWB if you meet the following requirements:

  • Your working income is less than the income limit set by the Canada Revenue Agency (CRA) 
  • Your taxes have been filed as per the government mandates.

Filing the income tax returns on time is a crucial part of becoming qualified for the CWB.

  • You should either be at least 19 years old. Or must be living with your spouse/common-law partner/child

You will be likely be deemed as eligible for the disability supplement under CWB if you meet the following criteria:

  • You are already eligible for the disability tax credit and have an T2201 Disability Tax Credit Certificate which is approved by the CRA
  • Your net income is less than the net income threshold set by the CRA for your territory or province of residence. You can check canada.ca for knowing the exact income level for your area.

$1428 Canada Workers Benefit Payment Schedule 2024

The CWB payments are made thrice every year. Meaning that these advance payments are issued in three disbursements. The $1428 Canada Workers Benefit Payment Date 2024 are given below.

  • 12 July, 2024
  • 11 October, 2024
  • 10 January, 2025

The payments will be directly deposited into your registered bank account with the CRA. The closest upcoming $1428 Canada Workers Benefit Payment Date 2024 is the 12th of July. Make sure you check canada.ca for any updates regarding the same.

How to Claim $1428 Canada Workers Benefit Deposits 2024

We have explained below how you can claim the CWB at the time of filing your tax returns.

  • To claim the Canada Workers Benefit you must file your taxes electronically and go by the instructions given in your Certified Tax Software 
  • In case you don’t want to file your taxes online and want to file a paper return then you must fill out the Schedule 6, Canada Workers Benefit and submit it timely upon completion.
  • If you want to claim the disability supplement as well apart from the regular basic amount then your eligible spouse or you (whichever one of you is qualified for the disability tax credit) should claim both the basic amount and the disability supplement via the method stated in the steps mentioned above.

Facts Check- $1428 Canada Workers Benefit Payment by Trudeau

  • If the disbursement date of the CWB falls on the weekend (Saturday, Sunday), or a national holiday, then the payouts will be made on the last business days prior to the disbursement date.
  • You cannot meet the $1428 CWB Eligibility 2024 if you were sent to a prison for a period of 90 days (minimum) during the year.

Disclaimer 

Currently there is no confirmation that a $1428 disbursement will be made in 2024. The news is only rumored. We strictly mention that we have no confirmation regarding the same yet and do not claim that such payment will be made on the dates provided, as even the payment schedule mentioned is an expected one and not a final one.

FAQs On $1428 Canada Workers Benefit Payment 2024

How many days should I wait incase I didn’t receive my CWB Payment 2024?

You should wait for at least 10 days before contacting the CRA. You will probably receive the payments within this time period only.

What is the $1428 Canada Workers Benefit Payment Date 2024?

The $1428 Canada Workers Benefit Payment Date 2024 is 12th July, 2024.

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