Income tax thread Is that time of the year again. So fellow RS are you getting money from the gov:toot: or have to pay :heckno: I am not getting much back around $1000 but it isn't too bad. |
You aren't getting money from the government. You overpaid your taxes therefore you're getting a refund. Posted via RS Mobile |
Closest to $0 wins :) $348 here. Without going under :troll: |
Going under is actually a win, it means you got a loan from the government tax free for a year. It's money you would've had to pay tax on anyways Posted via RS Mobile |
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Paying is the win. Means you're in a respectable income bracket. Furthermore you didn't prepay enough and got a interest free loan for a year. Posted via RS Mobile |
This is the first time I have maxed out my RRSP's, including everything accumulated from previous years. Looking to get a ~$5k return. |
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Paying or getting a refund does not mean you're in a higher/lower income bracket. The only thing it tells us is whether too much/little tax was deducted from you throughout the year. Anyone at any income level can owe or get a refund. |
I think you have income tax and welfare mixed up. Welfare is where you get money from the government. Bill 77 states all companies must send out vaseline with your t4 Posted via RS Mobile |
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Did my taxes a couple weeks ago and the first try came out to me owing roughly $2000. Thought it looked wrong, so I redid it and now I'm owed just shy of $600. Only reason why I'm getting a refund is because I cashed out one of my RRSP accounts last year and I had my bank take a few extra dollars to dump towards the taxes just in case I had miscalculated at the time. *shrug* |
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Question: How do I know or find out whether I claimed my T2202A (tuition/books)? I graduated 3 years ago and I can't recall if I claimed any T2202a's because I was told to "save it" until I get a larger annual income..... Will I need to call the CRA to find out? |
Look up your tax returns from previous years? Or, you can access all that info online but you will have to sign up for an account on the CRA site. Posted via RS Mobile |
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Muneys I will not see as it will go back in. Posted via RS Mobile |
finished taxes, and was ready to mail them -- happy about a fairly large return (..because... unemployed...) then I opened my mail from friday and realized I owed about $600 worth of taxes from 2012 #firstworldproblems :okay: |
Paid wayyy too much taxes last year! :flamemad: |
Yeah I have yet to file mine as well Posted via RS Mobile Posted via RS Mobile Posted via RS Mobile |
I paid $90... DAMN |
i have a feeling i have to pay this year, have over $20K in contract work that i didn't think was $20K!!!! i have to wonder, if i made all that money 'extra', where the hell did it go, i sure as i hell don't have it now!!! |
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I did this last thursday. Although they will tell you that you need to receive a PIN by snail mail first before you can proceed. But you can preview or take a sneak peak at your account amounts still . Just look for that option. |
SimpleTax: Free Canadian Tax Return Software is great btw. I still need to see my accountant as I have some business activity, but this is a great projection neverless |
I'm expecting a ~ 3K refund. Yes, while I know I overpaid in taxes, at the end of day, cash is king, and all I know is that I'll have some extra money later this month. |
HR Block has free tax software https://www.hrblock.ca/services/tax_...x_software.asp Same with Studio Tax StudioTax - Canadian Personal Income Tax Software |
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