Tips & Advice

Can I transfer my refund to my spouse to pay their balance due?

The short answer is no. Turbo Tax does recommend you prepare your spouse or common-law partner’s return at the same time as your own return, as this allows TurboTax to optimize deductions and credits, but you can’t transfer a refund to pay your spouse or common-law partner’s balance owing.

There is a partial exception: If you live in Québec, you can transfer part of your refund to your spouse or common-law partner’s balance due on their Québec tax returns.

Lastly, a refund or balance owing of $2 or less will not be charged or refunded. In the unlikely case that you were thinking about such a small amount, you can save your toonie!