Finance

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If a stock was purchased for $3000 in January 2003 and is sold in June 2003 for $4000, what is the ... Started by Frost2351	1 Replies 213 Views	Nov 11, 2019 by cascooper22
If a stock was purchased in January 2004 for $1000 and sold in December 2005 for $3000, what is the ... Started by chandani	1 Replies 153 Views	Nov 11, 2019 by bob
If you are a married taxpayer supporting a spouse whose has less than income, Started by stephzh	1 Replies 92 Views	Nov 11, 2019 by catron30
If you are supporting a spouse who attended school and had $3000 income Started by corkyiscool3328	1 Replies 125 Views	Nov 11, 2019 by mceravolo
Even if you have no tax to pay, it is beneficial to file a tax return because Started by jhjkgdfhk	1 Replies 73 Views	Nov 11, 2019 by tuwy
Tax credits are used to reduce tax Started by Anajune7	1 Replies 65 Views	Nov 11, 2019 by mariahkathleeen
Canada's taxation rules are called "progressive." This means Started by appyboo	1 Replies 94 Views	Nov 11, 2019 by lgoldst9
You have a salary of $30 000, an RPP deduction of $2000, $1000 interest on your line of credit and ... Started by jrubin	1 Replies 88 Views	Nov 11, 2019 by brittanywood
By what date must self-employed individuals file their income tax returns? Started by 123654777	1 Replies 100 Views	Nov 11, 2019 by wilsonbho
Michelle is an independent cleaning contractor but her customers provide the necessary cleaning ... Started by ishan	1 Replies 157 Views	Nov 11, 2019 by pocatato
An investor who receives $10 000 interest will pay higher taxes than one who receives $10 000 from ... Started by ec501234	1 Replies 123 Views	Nov 11, 2019 by chevyboi1976
Tax evasion occurs when taxpayers attempt to deceive Canada Revenue Agency by knowingly reporting ... Started by bcretired	1 Replies 96 Views	Nov 11, 2019 by pikon
Various tax planning tools include RRSPs, TFSAs, RESPs and taking advantage of the opportunity to ... Started by geoffrey	1 Replies 46 Views	Nov 11, 2019 by johnharpe
Tuition, education expenses, and charitable donations can be carried forward to reduce taxes in future years. Started by karen	1 Replies 128 Views	Nov 11, 2019 by Sammyo
Tuition, pension, and age amount credits can be transferred to your spouse if you have no tax to pay. Started by Kikoku	1 Replies 66 Views	Nov 11, 2019 by Carissamariew
Interest paid on a qualified student loan can be used to reduce tax owing through a tax credit. Started by bobypop	1 Replies 43 Views	Nov 11, 2019 by fraziera112
The maximum medical expenses deduction cannot exceed three percent of total income. Started by leo leo	1 Replies 54 Views	Nov 11, 2019 by snackralk
The basic personal amount is a non-refundable tax credit that can reduce tax payable to zero for ... Started by haleyc112	1 Replies 83 Views	Nov 11, 2019 by DylanD1323
The Spousal/common law tax credit is available to those supporting a spouse who had earnings under ... Started by 09madisonrousseau09	1 Replies 77 Views	Nov 11, 2019 by mochi09
Organizing your records to take advantage of tax credits and deductions and investing in tax ... Started by lb_gilbert	1 Replies 73 Views	Nov 11, 2019 by potomatos
Students should not file income tax returns if their income is below the basic personal amount. Started by D2AR0N	1 Replies 58 Views	Nov 11, 2019 by memslove
Self-employed taxpayers must have paid all taxes owing by April 30th of each year. Started by Shelles	1 Replies 64 Views	Nov 11, 2019 by joshraies
You have to file a personal tax return by April 30 each year only if Canada Revenue Agency sent you ... Started by sammy	1 Replies 68 Views	Nov 11, 2019 by juicepod
The T4 slip provided by your employer shows all your earnings and deductions for the year. Started by jerry coleman	1 Replies 39 Views	Nov 11, 2019 by mistyjohnson
Provincial governments collect property taxes. Started by CORALGRILL2014	1 Replies 54 Views	Nov 11, 2019 by Andromeda18