Income Tax Claims

Discussion in 'Reality Check' started by DUKE, Feb 11, 2009.

  1. DUKE

    DUKE
    [OP]
    Alfa as Fuck

    Joined:
    Feb 28, 2008
    Messages:
    10,112
    Likes Received:
    93
    Location:
    K'town, ON
    It is that time of the year again. Work will be giving out the T4s this week. I think I have all the other documents as well. Should I take them to H&R (I know they rip ppl off) or should I purchase the Quick Tax and do it my self? Remeber I have mortgage and several investment accounts so mine can get little hairy?

    What would you guys be doing?
     
  2. Duggan

    Well-Known Member

    Joined:
    Jun 27, 2005
    Messages:
    17,886
    Likes Received:
    1,471
    Location:
    Halifax
    With regards to your mortgage, what are you looking to write off?
     
  3. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax
    My mom gives mine to her friend, and she does it for next to nothing. :bigup:

    But, You live in Halifax right?

    Go to that place in Fairview .... I think his name is the Tax Man ..... right across from KFC, thats where my boyfriend and his step father goes! You get your money back THAT day... they take a percentage away, but I cant remember how much !
     
  4. infatuous

    Well-Known Member

    Joined:
    May 16, 2004
    Messages:
    17,510
    Likes Received:
    268
    Location:
    halifax
    I have a new accountant. I don't know what's worse, the amount I'll owe the accountant or the amount I'll owe Revenue Canada.
     
  5. DUKE

    DUKE
    [OP]
    Alfa as Fuck

    Joined:
    Feb 28, 2008
    Messages:
    10,112
    Likes Received:
    93
    Location:
    K'town, ON
    what do you mean by writing off :confused:

    I might be in trouble here :lol:
     
  6. DUKE

    DUKE
    [OP]
    Alfa as Fuck

    Joined:
    Feb 28, 2008
    Messages:
    10,112
    Likes Received:
    93
    Location:
    K'town, ON
    I might look into that. Thanks.
     
  7. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax
    :D


    ps; he is usually busy, so I would look into ASAP!
     
  8. Duggan

    Well-Known Member

    Joined:
    Jun 27, 2005
    Messages:
    17,886
    Likes Received:
    1,471
    Location:
    Halifax
    Haha, basically if you have particular expenses throughout the year relating to your job, you can claim them and get a portion of those expenses back. If you have a home office and work does not provide you with one, or doesn't assist with your mortgage, you can claim a percentage of your mortgage for business purposes.

    Same thing goes for vehicles, entertainment, medical, ect.
     
  9. slouse

    Well-Known Member

    Joined:
    Jun 8, 2003
    Messages:
    22,776
    Likes Received:
    252
    wtf :rofl:
     
  10. DUKE

    DUKE
    [OP]
    Alfa as Fuck

    Joined:
    Feb 28, 2008
    Messages:
    10,112
    Likes Received:
    93
    Location:
    K'town, ON
    Hmm I don't have a home office so I guess that is out the window. Maybe it will be best if I get some professional help with this.
     
  11. dpwu32

    Trash elf

    Joined:
    Aug 25, 2003
    Messages:
    12,763
    Likes Received:
    265
    Location:
    NoFunsWick
    Get quick tax.

    Enter in numbers where it tells you to. It's pretty simple.

    You say you've got investments, do you have investment income that you have to claim? If so, there are a number of levels of Quick Tax. Pretty sure the one above "Basic" ("Professional" maybe?) allows you to enter those amounts as well.
     
  12. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax


    :confused:
     
  13. DUKE

    DUKE
    [OP]
    Alfa as Fuck

    Joined:
    Feb 28, 2008
    Messages:
    10,112
    Likes Received:
    93
    Location:
    K'town, ON
    I have investments but no income yet. :( I think I will give Quick tax a chance.
     
  14. dpwu32

    Trash elf

    Joined:
    Aug 25, 2003
    Messages:
    12,763
    Likes Received:
    265
    Location:
    NoFunsWick
    By the sounds of it, you're pretty much just got a T4 then. Basic Quick Tax will cost you like $25 bucks, and be more than enough to do your taxes and submit them to CRA.
     
  15. SE

    SE

    Joined:
    Jun 13, 2006
    Messages:
    12,189
    Likes Received:
    12
    What is the website Jentay posted last year for doing them?
     
  16. Twopoops

    Hidey Ho

    Joined:
    Jun 30, 2004
    Messages:
    8,181
    Likes Received:
    0
    Location:
    Halifax
    I could easily do mine, but I take it to an accountant anyway.
     
  17. slouse

    Well-Known Member

    Joined:
    Jun 8, 2003
    Messages:
    22,776
    Likes Received:
    252
    Paying out a percentage of your tax return just to get it that day :lol:

    Why not just wait? It's not free money... it's money owed to you from overpaying your taxes. You are already being taxed enough, why give any more of it away?
     
  18. Twopoops

    Hidey Ho

    Joined:
    Jun 30, 2004
    Messages:
    8,181
    Likes Received:
    0
    Location:
    Halifax
    Cause you get it that day!!! :hsugh:
     
  19. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax
    Meaning, The tax man needs to get paid too.
    Its like taking your taxes to H&R block.
    It costs money.

    I don't know how much he takes.
     
  20. SE

    SE

    Joined:
    Jun 13, 2006
    Messages:
    12,189
    Likes Received:
    12
    You might as well get the cash store to do them.
     
  21. slouse

    Well-Known Member

    Joined:
    Jun 8, 2003
    Messages:
    22,776
    Likes Received:
    252
    Taking your taxes to H&R Block :rofl:
     
  22. Cheddar

    Red is the New Green

    Joined:
    Feb 26, 2004
    Messages:
    27,282
    Likes Received:
    878
    Location:
    You sister's bedroom
    Because then you can hit the mall right away and put that jacket you want on layaway!
     
  23. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax
    I'm not.
    I already said I was getting someone else to do it for next to nothing.
     
  24. ~*Ash*~

    New Member

    Joined:
    Nov 15, 2006
    Messages:
    3,098
    Likes Received:
    0
    Location:
    Alberta for now...
    I'm not smart when it comes to this stuff and am going to have T4's from NS and AB and then I am going to claim my moving expenses, can someone tell me if it's fairly simple using the Quicktax program or if it would be a whole hell of a lot less confusing just to go to H&R Block? HELP!!!!
     
  25. Duggan

    Well-Known Member

    Joined:
    Jun 27, 2005
    Messages:
    17,886
    Likes Received:
    1,471
    Location:
    Halifax
    Use quicktax, I did my own when I moved here and it was quite simple, including moving expenses.
     
  26. dpwu32

    Trash elf

    Joined:
    Aug 25, 2003
    Messages:
    12,763
    Likes Received:
    265
    Location:
    NoFunsWick

    Word.
     
  27. Shellie

    Team Suzuki

    Joined:
    Mar 24, 2007
    Messages:
    22,714
    Likes Received:
    0
    Location:
    Beaver Bank
    Last year I used Ufile http://ufile.ca/

    It was recommended by someone on here.
     
  28. ~*Ash*~

    New Member

    Joined:
    Nov 15, 2006
    Messages:
    3,098
    Likes Received:
    0
    Location:
    Alberta for now...
    Thanks dude!!! :) How much is this program?
     
  29. SE

    SE

    Joined:
    Jun 13, 2006
    Messages:
    12,189
    Likes Received:
    12
    That is it, thanks Shellie :)
     
  30. watcha

    Born Killer

    Joined:
    Sep 3, 2003
    Messages:
    7,687
    Likes Received:
    0
    Location:
    Blown Mind
    fuck I was an accountant and took my taxes to H&R block....lol
    I think it was $25+ tax and they gave me a free pizza.

    I did have to argue with the pissant doing the taxes about my deductions and things I was claiming.

    but man were they ever nervous when I said I was an accountant....:kekeke:
     
  31. watcha

    Born Killer

    Joined:
    Sep 3, 2003
    Messages:
    7,687
    Likes Received:
    0
    Location:
    Blown Mind
    as for programs if you go to CRA's website they will list a bunch of approved online programs that allow you to do your taxes, some are even free services.
     
  32. Muricane

    MY AV IS ME

    Joined:
    Jan 26, 2004
    Messages:
    39,427
    Likes Received:
    170
    Did mine last night.

    Quick tax is retardedly easy, Miss-Shawty might be able to do it.
     
  33. Cheddar

    Red is the New Green

    Joined:
    Feb 26, 2004
    Messages:
    27,282
    Likes Received:
    878
    Location:
    You sister's bedroom
    LOL Suuuuuuuuuuuuuuure
     
  34. Duggan

    Well-Known Member

    Joined:
    Jun 27, 2005
    Messages:
    17,886
    Likes Received:
    1,471
    Location:
    Halifax
    I believe it is like $40, I have a disc they sent me where you just purchase the cd key online, I think it is a little cheaper, I have to get my taxes done professionally since they are a little more complex so you can have this disc if you like.
     
  35. Miss Shawty

    Well-Known Member

    Joined:
    Sep 22, 2008
    Messages:
    15,311
    Likes Received:
    270
    Location:
    Halifax
    I'm horrible with math.
    What makes you think I could do my own taxes. :rofl:
     

Share This Page