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Taxes canadian?


now for the public transit tax credit, what do i put how much i paid for my passes for the year?? and do i need my reciepts and passes to send them? thanks lol

In addition to monthly public transit passes, the public transit tax credit has been expanded to include costs for:
路 Shorter duration passes if:
o each pass entitles you to unlimited travel for an uninterupted period of at least 5 days; and
o enough of theses passes are purchased so that you are entitled to unlimited travel for at least 20 days in any 28-day period.
路 Cost-per-trip electronic payment cards if:
o the card is used for at least 32 one-way trips during an uninterrupted period not more than 31 days; and
o if the card is issued by a public transit authority that records and provides a receipt for the cost and usage of the card.

Taxpayers are expected to provide appropriate supporting documentation for any tax credit claimed, if requested to do so by the Canada Revenue Agency.

What will I need to support my claim?
At a minimum, you will need to keep your expired monthly transit passes for months after June 2006 to support your claim.
If your transit pass displays all of the following information, the pass itself will be sufficient to support a claim for the tax credit:
路 an indication that it is a monthly (or longer duration) pass;
路 the date or period for which the pass is valid;
路 the name of the transit authority or organization issuing the pass;
路 the amount paid for the pass; and,
路 the identity of the rider, either by name or unique identifier.

ANSWERS TO OTHER QUESTIONS THAT U MAY HAVE:
http://www.cra-arc.gc.ca/whatsnew/items/...

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