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: CRA Audit of translink credit


Marioo1991
08-11-2011, 09:27 AM
Have anyone ever been audited for the credit claimed for bus passes?

I'm wondering what CRA would accept as backup. I know they state you would need to provide a copy of the pass and receipt, but the receipts that I do have are so faded you can barely see whats on there.

tia

fsy82
08-11-2011, 09:38 AM
Well the receipts is what they would want. You can give it to them and see what they say. Maybe they have some other way of verifying the receipt date and amounts

twitchyzero
08-11-2011, 09:40 AM
they audit something so insignificant as a bus pass?

What a fucking waste of resources.

Marioo1991
08-11-2011, 09:59 AM
they audit something so insignificant as a bus pass?

What a fucking waste of resources.

tell me about it, i've claimed over10k in courses and never been audited once for them.

PhilosophyMajor
08-11-2011, 10:09 AM
lol ridiculous. meanwhile there are tons of rich hongers applying for student loans as spending money.

fsy82
08-11-2011, 10:40 AM
This is routine. I work in the accounting field and see random personal audits. Just last week they audited a client of mine who claimed $20,000 in tuition receipts.

too_slow
08-11-2011, 11:12 AM
lol ridiculous. meanwhile there are tons of rich hongers applying for student loans as spending money.

Don't even F*cking get me started on this. Back in early 2000s when the governement gave 'free grants' (FREE MONEY) to student loan owners with low income, I would know hongers that would write on the application form that they live on their own and can't afford rent (put their friend's address on it). They use the $5k in grant to buy parts for their Audi A4.

:mad::mad::mad::mad::mad::mad::mad::mad::mad::mad: :mad::mad::mad:

/end rage mode

too_slow
08-11-2011, 11:14 AM
I forgot the exact name of the form, but don't you use the tax slip from the school? You can download that form anytime on student services (of any post-secondary school).

The only thing you can fudge on the returns is by claiming that you're a FT student (higher exemption for tuition and teextbooks) when you are just a PT student. This should be immaterial, as the difference is less than $150/mth (tuition) and like $50/mth books)

GabAlmighty
08-11-2011, 12:55 PM
I'm being audited right now. So fucking stupid, for my tuition and what not... You'd think they'd look at last years taxes I filed and see that the tuition is very similar. Fucking idiots.

CRS
08-11-2011, 12:57 PM
Chances are, you guys are the result of a random audit.

Unless, of course, someone reported to CRA that you are trying to cheat them and provide a pretty detailed account of what you are doing. That and they are willing to be the witness to your tax evasion/fraud.

GabAlmighty
08-11-2011, 01:06 PM
Chances are, you guys are the result of a random audit.

Unless, of course, someone reported to CRA that you are trying to cheat them and provide a pretty detailed account of what you are doing. That and that they are willing to be the witness to your tax evasion/fraud.

That's what i'm figuring, pain in the ass though.

drunkrussian
08-11-2011, 02:39 PM
only time u would get audited is if the numbers were high. cra say its random but i worked there before and its total bs. its triggered by a computer seeing an unusually big number or an equation that doesnt add up. so for tuition which deals with higher numbers, yes they may randomly audit you but just for bus passes? no way! op r u getting audited specifically for this? did u put $10,000 for bus passes instead of $1,000? lol

also i believe just the bus passes would be enough to prove it. even if not try sending them in with a latter and see what they say. u gotta remember that a person has to manually look at it on the other end so u are allowed to send a letter and do things how u want. theyll write u back if they want more.
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Teriyaki
08-11-2011, 05:58 PM
only time u would get audited is if the numbers were high. cra say its random but i worked there before and its total bs. its triggered by a computer seeing an unusually big number or an equation that doesnt add up. so for tuition which deals with higher numbers, yes they may randomly audit you but just for bus passes? no way! op r u getting audited specifically for this? did u put $10,000 for bus passes instead of $1,000? lol

also i believe just the bus passes would be enough to prove it. even if not try sending them in with a latter and see what they say. u gotta remember that a person has to manually look at it on the other end so u are allowed to send a letter and do things how u want. theyll write u back if they want more.
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There is a certain limit you can claim on bus passes. doesn't even matter if you actually spent 10,000 a year on transit. The max you can claim per year is limited to the prescribed limit in that taxation year. I wouldn't worry too much about the bus passes but focus more on the bigger items like tuition, caretaker, what have you. If they claw back bus pass money, bfd, thats like what $20?

q0192837465
08-11-2011, 07:03 PM
Are u sure it's an audit? or just an assessment review?

drunkrussian
08-11-2011, 09:14 PM
^ a notice or re-assessmwnt IS a personal audit. basically when they pixk something and ask for proof
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tiger_handheld
08-11-2011, 10:55 PM
Have anyone ever been audited for the credit claimed for bus passes?

I'm wondering what CRA would accept as backup. I know they state you would need to provide a copy of the pass and receipt, but the receipts that I do have are so faded you can barely see whats on there.

tia

This happened to one of my clients. I advised her to submit the buspasses only and sign her name on the back (to prevent transfering to another person). It was accepted.

Pro Tip brought to you by: D & G Consulting Services - Accounting | Personal Tax | Business Start-up Strategy

q0192837465
08-11-2011, 11:02 PM
^ a notice or re-assessmwnt IS a personal audit. basically when they pixk something and ask for proof
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Not exactly. Right now CRA are sending out review requests for many of our clients. It does not constitute an audit. CRA is just asking for documents to back up the claims. Of course, without looking at what OP rec'd I can't tell for sure. Just my 0.02

Marioo1991
08-12-2011, 06:25 AM
only time u would get audited is if the numbers were high. cra say its random but i worked there before and its total bs. its triggered by a computer seeing an unusually big number or an equation that doesnt add up. so for tuition which deals with higher numbers, yes they may randomly audit you but just for bus passes? no way! op r u getting audited specifically for this? did u put $10,000 for bus passes instead of $1,000? lol
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haha no, the numbers I put were reasonable.

Are u sure it's an audit? or just an assessment review?

Assessment review. Either way they're looking for back up to verify the amount claimed

q0192837465
08-12-2011, 09:48 AM
^ An assessment review is not a big deal. Like I said before, they're just looking for some back up for a particular line item. There's a fax number in the notice so just grab your receipts and fax them to CRA. It is NOT an audit, so lose any sleep over it. Just make sure you do it within 30 days or they will disqualify your claim. It's all written in your notice.

Edit: Just want to add. In an audit they will look at your entire tax return, not just 1 or 2 lines.