| Canada Taxes |
| What may happen if you do not do your income tax form each year? |
If you owe money, you will be charged 5% of the amount as of May 1 (the day after your return is due). You will then be charged interest on top of that ,at a pretty high rate. You can be charged ... |
| For Canadians, How can I change it so that my GST cheque gets directly deposited into my bank account? |
Call up Revenue Canada and request it (phone number is on your Notice of Assessment). They'll send you a form to fill out and send back to them (with either a void cheque so they have your ba... |
| 2007 Canadian Taxes - Scholarship Deductions? |
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| I was audited in DEC apparently I owe $800 now I filed my 07 taxes and it said i have a $1400 refund.. help!? |
More US replies I see, but in this case the rules are pretty well the same it seems. Assuming your audit report is finalized, CRA will deduct the audit figure from the refund for this year.
PS ... |
| Claiming Part-time Self Employment? |
Once again, you can IGNORE the US answers.
All income is taxable, he needs to claim everything, even a small amount. If he ONLY had that income, he could probably get away with not paying, but ... |
| Canadian Income Tax Filing (first time)? |
same enevelope is OK, as the CRA will open it up and review each tax return. ... |
| I efiled on apr 1 and asked for direct deposit. will i have my refund in time for my trip tomorrow? |
Doubtful that it has even been processed this soon. ... |
| GST refund Selling car in Canada within one year? |
Consumers do not get GST back, no matter when they dispose of goods. That's the whole point of the tax, it is applied each time there is a transaction. So if a car were (for some reason) to ... |
| PST and GST for a Web only business? |
You would contact the Provincial Ministry of Revenue, as well as the GST people, and ask for their advice on the situation.
I am guessing that GST will still apply unless YOU can show the serv... |
| Found out we owe money for our income taxes this year, do we send the cheque wiht the income tax return? |
yes, you will be charges interest if it not received by April 30th. if you sent your filing in, they will send you a statement and you can pay at your bank.... deadline 30Apr. hopefully you get tha... |
| The accountant we used, we are sure that she calculated my husband's return in correctly, please read details? |
That's funny. I didn't know that in Canada we report to the IRS. I always thought it was CRA. ... |
| Can I receive back-payments on missed GST cheques? |
The question that needs to be answered is were you entitled to GST last year?
It seems odd that all your mail go forwarded but not your GST rebate cheques.
Assuming you made less than $30k t... |
| I did my taxes online wuth h&r block they said my refund should be 2105$ is this right ..income was like 9000$ |
do you have kids? you get more for kids. There is also a new Working Income Tax benefit that gives up to $1000 to low income earners with atleast $3000 income from employment. You may have paid hi... |
| T1 schedules changed after mailing? |
it will also effect the T2 in your brain, so watch out ... |
| Can spouse claim all rental income on second property? |
As the property title is in both names, the income/expenses/capital gain are to be split 50/50.
If she did all the work,she should be paid a salary. If she put down the downpayment, you owe her... |
| What are the advantages or disadvantages of joint tax filing (husband and wife) over filing individually? |
Well first being legally married you are legally suppose to file as so. As a single person your standard deduction is 5K + and as a married couple it is doubles to allow for the additional income.... |
| How do I file my taxes if I worked in two different provinces in 2007? |
You file in your province or residence on Dec 31. You don't have to 'prove' it, it's just what you tell them. Don't lie of course, that can have massive consequences, but... |
| How does Ontario Works treat Income Tax Refunds? |
I don鈥檛 think that the tax refunds constitute income under Ontario Works.
Examples of sources of income, for purposes of ontario works, may include employment earnings, training allowances, boar... |
| How can I find out how much the gst and pst are (seperately) from a total? |
While the previous answer will allow you to calculate the taxes, by law retailers must put the GST and PST amounts separately on your bill. Further the GST amount must include the retailers GST num... |
| 2007 Tax Return - Decuctions.? |
I would file as married, as per CRA "In the Information about you area, check the box that applied to your marital status on December 31, 2007. Check "Married" if you had a spouse or... |
| How much does it cost to have basic personal taxes done at HR Block? |
averages around $70 if you send it off and wait for you refund. You might be eligible for a student, credit only or promo price (for certain employers).
If you get a same day refund the fee depe... |
| Anuual income for medical coders? |
I don't know myself but on careerbuilder.com they have the salary information for different jobs and even by area ... |
| Do I need to pay taxes for items shipped to me from the US? (Canada)? |
yeah, you'll pay GST when it crosses the border, usually collected by Canada Post if they are the shippers. ... |
| If I have an employer provided automobile can I claim a tax deduction for any operating expenses? |
You can claim any expenses you have paid that were related to your employment duties, as long as you were not reimbursed. Keep in mind that travelling from home to the office and back is considere... |
| Tax credits... I don't understand? |
Non refundable tax credits are used to reduce your tax to zero, but cannot be paid out beyond that. Your personal credit ($9600 this year), spousal and children, EI and CPP deductions, medical exp... |
| Management Fees as Income on Personal Taxes? |
YES, it is fully taxable to you. ... |
| Does GST apply to sale of a rental property (previously a principal residence)? |
I am a little confused by the second paragraph. If all you did was rent out a condo that was previously a residence, there is no GST on the property sale. There would also be no GST payable on the ... |
| Income Tax Help. First time.? |
If you want to file your taxes you can just go to any post office and pick up the forms for free and fill them out. Also since you made less than $20k you can use any of the online tax programs for... |
| Do people on social assistance file taxes? |
You need to file a return to be eligible for most benefits...this is how they keep track of dependants and such.
Yes, people on social assistance get refunds...usually made up of credits, like t... |
| Referral bonus taxable?Is referral bonus from your job is taxable in canada? |
The answers to your two questions are YES & YES. You have to include it into your tax return as income whether or not the referal bonus has been included into your employer's T4 or T4A gi... |
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