I'm going through the Turbo Tax review portion and it has a couple of
tax-savings opportunities. See below for the two suggestions. ****1)
Your non-refundable credits exceed your tax payable. You can carry all
or a portion of your medical expenses fo...read more
I wanted to get clarification on whether I need to include the taxes for
my business expenses when I'm inputting my expenses in my income tax
report. A friend told me that if you have a GST/HST #, then you DON'T
include the taxes in your business exp...read more
dioriaPosted Monday
| Latest post yesterday by
dioria
I am helping my daughter - she qualified for the retention bonus in 2020
but didn't claim it at that time. I helped her refile and a few days ago
she has received a notice-of-reassessment for tax-year 2020. We would
like to refile for 2021 to get cau...read more
I'm trying to make sure I understand the process when filing a return
with foreign income. In 2023 I had a contract that was delivered in
another country. The contact was for an after tax daily rate paid in
Canadian dollars. As an example, for a afte...read more
macraigcaPosted Monday
| Latest post yesterday by
InnaE
Hello, I moved to Canada in August 2023 and have Canadian income in
2023. Per the rules, I am considered non resident in Canada for tax
purpose. Does Turbo tax help in filing for these returns using the full
tax premium service or is it only for resi...read more
Can I apply for GST/HST rebate on your employment expenses? I have t2200
which indicates I work from home 100% but I do travel on work purposes 3
time a month.
My husband has a regular health care benefits plan with his job that
covers us and our kids. I, on the other hand, have a HCSA or HSA
provided by my job's benefits plan. So, for any medical expense or
remaining amount of medical expenses not covered ...read more
I was day trading last year using margin Account and have losses. I am
trying to complete T2125 form details in Turbotax. As I have many number
of trades, the total buy and sell amount exceeds value 9999999. I was
trying to enter the total Sell amoun...read more