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| *The Commerce Journal>>>Canada Taxes |
Tax return credit, sharing condo need help? |
I room with a friend in a condo. Rent is $1600, my parents pay the rent, my roomate pays $400. It is cost-sharing agreement between me and roommate You don't mention for which province this is. Rent credits are provincial income tax. Bear in mind if anyone provides this gentleman with a receipt, then CRA will be looking at that person's tax return for the corresponding income. Is this a cost sharing arrangement or are your parents subletting? |
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