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JanelleRB
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Activity Feed for JanelleRB
- Posted RRSP claimed in the year after purchased? on Seniors and students. June 9, 2020 3:16 PM
- Posted Can I claim more RRSPs than what I bought this year, if I plan on buying more? on Investors and rental owners. June 9, 2020 3:13 PM
- Posted Do RRSPs have to be claimed in the year purchased? on Troubleshooting. June 9, 2020 3:11 PM
- Got Cheered for Thank you for your question. The column you enter it, wil.... February 26, 2020 12:09 PM
- Posted Thank you for your question. When completing your T776, y... on Investors and rental owners. October 30, 2019 6:08 AM
- Posted For tuition credits, both the student and parent's need t... on Filing. October 30, 2019 3:53 AM
- Posted Are you referring to Tuition Credits? on Filing. October 30, 2019 3:53 AM
- Posted Thank you for your question. You will want to make sure t... on Getting started. October 30, 2019 3:53 AM
- Posted Thank you for your question. Are you doing it directly in... on Investors and rental owners. October 30, 2019 3:36 AM
- Posted Thank you for your question. CRA has strict guidelines on... on Seniors and students. October 30, 2019 3:36 AM
- Posted Thank you for your question. Are you self-employed(run yo... on Self-employed. October 30, 2019 3:35 AM
- Posted Thank you for your question. The additional amount comes... on After you file. October 30, 2019 3:35 AM
- Posted Thank you for your question. Yes, depending on your provi... on Credits and deductions. October 30, 2019 3:33 AM
- Posted It is based on how many days you permanently lived in the... on Investors and rental owners. October 30, 2019 3:33 AM
- Posted You would need to live in a prescribed zone to be eligibl... on Investors and rental owners. October 30, 2019 3:33 AM
- Posted Thank you for your question. I am sorry for your loss. Yo... on After you file. October 30, 2019 3:33 AM
- Posted Thank you for your question. In most circumstances they w... on Seniors and students. October 30, 2019 3:32 AM
- Posted Thank you for your question. If you are wanting to claim... on Self-employed. October 30, 2019 3:16 AM
- Posted Thank you for your question. These are personal expenses... on Seniors and students. October 30, 2019 3:16 AM
- Posted Thank you for your question. Had you transferred an amoun... on Seniors and students. October 30, 2019 3:15 AM
October 30, 2019
6:08 AM
Thank you for your question. When completing your T776, you will enter gross rent(line 8299) and gross expenses, which will give you net rental income(line 9369). This net rental income is then divided based on % of ownership. When entering expenses it is important to note that the personal portion option is only to be used when you have a rental that is partially used for personal reasons, such as renting out a suite in your own home. The personal portion would be the portion of the home you live in and use for personal reasons.
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For tuition credits, both the student and parent's need to match. The amount designated to transfer amount and the amount accepted as a transfer. The correct amount should be the one calculated on the student's return, there will be a separate federal and provincial amount.
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October 30, 2019
3:53 AM
Thank you for your question. You will want to make sure that for each slip that box 20, cost value, is entered. This is what allows the program to calculate the gain between cost and selling proceeds.
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October 30, 2019
3:36 AM
Thank you for your question. Are you doing it directly in forms or in easystep?
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October 30, 2019
3:36 AM
Thank you for your question. CRA has strict guidelines on how the credits are applied. The student(unused tuition) credits will be applied before the student loan interest.
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October 30, 2019
3:35 AM
Thank you for your question. Are you self-employed(run your own business) or are you an employee and have a T2200? An employee is not able to claim expenses to get to and from work, but may have expenses if required to use vehicle during the work day to complete their job function, away from the office. This does require a T2200 form and log book.
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