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-   Vancouver Off-Topic / Current Events (https://www.revscene.net/forums/vancouver-off-topic-current-events_50/)
-   -   Income tax thread (https://www.revscene.net/forums/693164-income-tax-thread.html)

Szeto 04-17-2014 03:51 PM
if it's nothing complicated ufile is a good choice, easy and straightforward. H&R block charges like 50-70 bucks to do it for you don't they?

v_tec 04-17-2014 04:03 PM
is the deadline still end of April...? or has it been extended?

m3thods 04-17-2014 04:13 PM
Quote:
Originally Posted by v_tec (Post 8457293)
is the deadline still end of April...? or has it been extended?
It's been extended a days to replace the days the CRA was offline due to HeartBleed. The exact number escapes me (and the article below).

CRA extends tax filing deadline amid chaos created by Heartbleed bug - The Globe and Mail

Jas29 04-17-2014 05:45 PM
May 5th
Posted via RS Mobile

moldex 04-17-2014 05:58 PM
Quote:
Originally Posted by Nicotine (Post 8457258)
been 2 years now with more than 3k each year. im not complaining. its funny how no matter what forum your in on RS there is 15 people ready to jump on the guy with a diffrent opinion.
You just don't get it.
Posted via RS Mobile

josayeee 04-17-2014 06:05 PM
Quote:
Originally Posted by bobbinka (Post 8456826)
You might want to read through the thread to get a better idea of how income tax works.

If I make $50k and every single dollar is deducted from me as tax on my paychecks, just because I get back a $40k refund does not mean the tax preparer did anything good (or bad).

Competent tax preparers will calculate your tax return the exact same way. Whether H&R block was competent in doing yours, only a tax professional would know. To each their own, but generally they are not very reliable. Are you certain you weren't supposed to get back $6k instead? Or maybe they over calculated and you should only get back $2k, thus making you owe? I'm not saying you need to worry, but just pointing out that getting a cheque in the mail doesn't mean they did a good job (or bad).
This is correct. Someone who gets you the highest refund is not necessarily the best tax preparer.

As someone with a strong financial background, I will say this..

For the majority of the population, H&R Block will be sufficient and do a good job with your taxes. H&R Block will fuck up often but MORE often you make so little money CRA won't care or they just won't catch it.

If you don't have a clue about our tax system, go see H&R Block. If you make real money, go see an accountant.

bobbinka 04-17-2014 06:45 PM
Quote:
Originally Posted by Nicotine (Post 8457258)
been 2 years now with more than 3k each year. im not complaining. its funny how no matter what forum your in on RS there is 15 people ready to jump on the guy with a diffrent opinion.
You're judging them based on how much you're getting back. We're simply pointing out to you that that is not an indication of whether they're reliable or not. Nobody's jumping anyone, but rather trying to keep people informed.

Nicotine 04-18-2014 09:33 AM
Quote:
Originally Posted by bobbinka (Post 8457373)
You're judging them based on how much you're getting back. We're simply pointing out to you that that is not an indication of whether they're reliable or not. Nobody's jumping anyone, but rather trying to keep people informed.
incorrect, im judging them based on the fact that they assisted me in retrieving some of that money. they helped me out, and helped me understand what i may be entitled too. explained rrsp deductions, TFSA, first time home owner usage for that, my penalties should i need the money for other things. but it wasn't about the money, it was about the professionalism i felt. they knew what they were doing, and were very nice about it. whatever IMO, not bad people to deal with, and helped me out a bunch, so if your not dealing with hundreds of thousands of dollars its not the worst choice you can make.

bobbinka 04-18-2014 02:06 PM
Quote:
Originally Posted by Nicotine (Post 8457659)
they knew what they were doing...
You don't know that. I'll leave it at that. :)

ForbiddenX 05-04-2014 02:03 PM
Talk about procrastination, just finished filing my taxes :fullofwin:

$520 refund

v_tec 05-04-2014 03:36 PM
Quote:
Originally Posted by Jas29 (Post 8457343)
May 5th
Posted via RS Mobile
May 4th, 11:59pm...before May 5th?

Or May 5th 11:59pm?

winson604 05-04-2014 04:42 PM
Quote:
Originally Posted by v_tec (Post 8466330)
May 4th, 11:59pm...before May 5th?

Or May 5th 11:59pm?
Let me google that for you

Vansterdam 05-04-2014 07:21 PM
super last minute but is there a free program or website I can do my taxes on lol

Hehe 05-04-2014 07:31 PM
Accountant finished the filling on Friday... and as usual after I see the numbers... :fuckthatshit: :suspicious::okay:

Oh well... as my old folk would say, "if you are paying tax, it means you are earning money"

46_valentinor 05-04-2014 07:34 PM
Quote:
Originally Posted by Vansterdam (Post 8466438)
super last minute but is there a free program or website I can do my taxes on lol
I believe H&R block is free depending on your income. Just finished using it and Im getting back 100 dollars, woohoo, 2 weeks of gas!!

winson604 05-04-2014 07:58 PM
Quote:
Originally Posted by Vansterdam (Post 8466438)
super last minute but is there a free program or website I can do my taxes on lol
NETFILE - Certified Software for the 2014 NETFILE Program (2013 tax return)

Personally I recommend Studio Tax. If you prefer web based there's a new one this year called Simple Tax that wasn't bad.

Drow 02-22-2016 08:08 PM
decided to do my taxes early this year so as soon i got my T4 i punched in the numbers with turbotax (great site to do it on, ive been using that site since i was in high school)

2.5k owing. WTF??? It's my first tax year where i wasn't a student. Every year i get money back, last year i got 2k.

I don't even make much... is my employer not deducing enough tax every pay cheque???

josayeee 02-22-2016 08:17 PM
Can't tell for certain unless you are willing to disclose the box numbers on the slip.

Quote:
Originally Posted by Drow (Post 8729974)
decided to do my taxes early this year so as soon i got my T4 i punched in the numbers with turbotax (great site to do it on, ive been using that site since i was in high school)

2.5k owing. WTF??? It's my first tax year where i wasn't a student. Every year i get money back, last year i got 2k.

I don't even make much... is my employer not deducing enough tax every pay cheque???

Drow 02-22-2016 08:30 PM
Quote:
Originally Posted by josayeee (Post 8729978)
Can't tell for certain unless you are willing to disclose the box numbers on the slip.
i think my employer does not deduct enough taxes

Nlkko 02-22-2016 09:14 PM
Or you already used all your tuition credits during the years you were a students.

yray 02-22-2016 09:15 PM
two or more jobs?

Anyone know if union startup deductions count if they are part of deductions? I have $184 deducted till end of 2015 but only $84 in my T4.

SkunkWorks 02-22-2016 09:18 PM
Or you're working full-time now and making more?

Like above, can't tell you much unless we have the numbers.

Timpo 02-22-2016 09:51 PM
I heard this year's federal tax will be a little different because...

http://www.globalresearch.ca/wp-cont...y_20140611.png

Timpo 02-22-2016 10:00 PM
oh but there's no change for the provincial tax...

http://www.waterwarcrimes.com/upload...55770_orig.jpg

Timpo 02-22-2016 10:05 PM
Quote:
Originally Posted by Drow (Post 8729974)
decided to do my taxes early this year so as soon i got my T4 i punched in the numbers with turbotax (great site to do it on, ive been using that site since i was in high school)

2.5k owing. WTF??? It's my first tax year where i wasn't a student. Every year i get money back, last year i got 2k.

I don't even make much... is my employer not deducing enough tax every pay cheque???
If you make $23,500/year, you will owe approx $2500
https://simpletax.ca/calculator


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