Prince Edward Island Child Benefit Estimate
Reviewing benefits for a Single Parent (1 Child) with a net income of $55,000.
Estimated Monthly Support
$636 /mo
~$7,632 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
Estimated Annual Benefit
$7,632 / yr
Your Result Explained
At an income of $55,000, your family falls into the eligible range for federal benefits. Based on a household income of $55,000, a Single Parent (1 Child) in Prince Edward Island qualifies for approximately $7,632 per year in government support. This , plus includes the quarterly GST/HST credit and the Canada Carbon Rebate.
Benefit Breakdown
- Canada Child Benefit (CCB): $6,771 / year
- PEI Child Benefit: $0 / year
- Tax Credits (GST + Carbon): $861 / year