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You enter the total for the year
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April 5, 2022
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Line 104 is the appropriate line to report these casual e...
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December 17, 2019
12:28 PM
Posted
Yes. These are considered class 8 assets; rate 20%. You...
on
Self-employed
.
October 31, 2019
11:10 AM
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In the profile area, answer that you have disposed of cap...
on
Filing
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October 31, 2019
11:10 AM
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Your question is FAR to complex.to answer on this forum....
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Filing
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October 31, 2019
11:10 AM
Posted
The initiation fees are NOT deductible. According to CRA...
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Getting started
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October 30, 2019
2:57 AM
Posted
According to CRA: Computers, cell phones, and other eq...
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Troubleshooting
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October 30, 2019
2:37 AM
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If filing a Canadian tax return, all amounts reported or...
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Getting started
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October 30, 2019
2:15 AM
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Regarding transit passes for your daughter, you cannot cl...
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Credits and deductions
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October 30, 2019
1:45 AM
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No. As long as the funds were directly transferred from...
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Seniors and students
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October 30, 2019
1:39 AM
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Sorry, but no. CRA says you can only claim the Cost of b...
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Investors and rental owners
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October 30, 2019
1:21 AM
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No. Only the membership fee or cost of registration in a...
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Credits and deductions
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October 30, 2019
1:01 AM
Posted
Yes, but there is a limit of up to $2,000 AND certain con...
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Self-employed
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October 30, 2019
12:47 AM
Posted
It does not matter what other sources of income you may h...
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Self-employed
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October 30, 2019
12:41 AM
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No. You cannot use CCA to create or increase a rental lo...
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Self-employed
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October 30, 2019
12:41 AM
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Ignore the warning....perhaps turbotax wants you to purch...
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Credits and deductions
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October 29, 2019
11:26 PM
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No... For purposes of the Ontario Trillium Benefit, you c...
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Investors and rental owners
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October 29, 2019
11:26 PM
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Yes...Put Nipissing. North Bay is in the district of Nipi...
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Credits and deductions
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October 29, 2019
11:26 PM
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You're welcome
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Troubleshooting
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October 29, 2019
11:26 PM
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You no longer have to apply for the GST credit. Canada R...
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Troubleshooting
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October 29, 2019
11:26 PM
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