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-   -   YEAH!!!! Tax return! (https://www.caraudioforumz.com/off-topic-chat-20/yeah-tax-return-11634/)

ICEman 02-29-2004 02:57 PM

Will be fixing the front bumper now!

Got an awesome return!

Icon 02-29-2004 03:13 PM

my accountent still hasen't even sent mine, of course if I had gotten my T4 more then 1 week ago it might have helped :(

ICEman 02-29-2004 03:15 PM

I got my second T4 yesterday. My guy is awesome

Blinddemonz 02-29-2004 10:53 PM

i got my t4 last week

Bigmike216 02-29-2004 11:33 PM

got mine last week too.

hawg_hauler 03-01-2004 05:12 AM

I owe, I owe, so off to work I go.

ZachCHartwell 03-01-2004 06:56 AM

My t4 arrived tuesday. [img]smile.gif[/img]

lemonlime 03-01-2004 07:23 AM

Just put in 2G into RSPs, and have some tuition to write off.. should be getting a nice return.. just have to get off my a$$ and get my income tax submitted..

RedZone 03-01-2004 10:06 AM

filed mine too getting a nice chunk .
and i finaly got my gst/hst credit from last year cause they had teh wrong address. lol

ChizzerZ24 03-01-2004 01:13 PM

Has anyone used UFILE.CA? I can't fine where you put in the amount of rent you paid in the previous year? Thats the only thing I am stuck on right now...

[ March 01, 2004, 02:14 PM: Message edited by: ChizzerZ24 ]

Keenan 03-02-2004 08:47 AM

Where to put rent? That isn't deductible for tax purposes unless you have a home business or a proprietorship. What type of rent do you want to deduct, i.e what is the nature of the rent paid?

Keenan

RedZone 03-02-2004 10:02 AM

i just used the quicktax program. its quick and mails your taxs for you and everything

[ March 02, 2004, 11:03 AM: Message edited by: RedZone ]

lemonlime 03-02-2004 10:11 AM

www.quicktaxweb.com is great, used it last year..

ChizzerZ24 03-02-2004 12:08 PM

Wether business or not, you can dedcut part of your rent, have done it for the last 3-4 years or soo My wifes uncle is an accountant and does it for us, but I was playing around with ufile to see what it would give me back if I did it instead of him, but like I said can't find where to input the amount of rent I paid...

Keenan 03-02-2004 12:56 PM

I am a chartered accountant and would challenge your statement that rent, whether business or not can be deducted. It has to relate to business of some sort. Any expense that is deductible has to have a corresponding source of income or a reasonable expectation of profit. That being said, it sounds to me like a home office business expense. I would try schedule 2124, statement of business income and expenses. There are other schedules too but since you didn't provide anymore information, I can't elaborate or give further guidance.

Keenan

ChizzerZ24 03-02-2004 01:13 PM

yeah I dunno lol, I am just gonna give the work to my wifes uncle he knows how the **** works lol... we've always deducted rent soo there's somewhere in there you can do it [img]graemlins/dunno.gif[/img] I was just trying it out just to see how easy/hard it was to do the taxes pretty easy when using the program... My mom has the QUickTax program so I might use that.. it has an area on it for putting in how much rent you paid in the previous year..... I need every deduction possible lol...

Derek Jerome 03-02-2004 01:17 PM

in manitoba you can put down rent or property tax paid to claim a manitoba tax credit


form mb479

education property tax credit

line 6110 (rent paid x 20%)

ChizzerZ24 03-02-2004 02:12 PM

yeah that's the same idea for ontario tax credit... but can't find it... comes in handy if you need to owe that's forsure....

Keenan 03-02-2004 10:16 PM

Perhaps that is where the confusion arises. I was under the assumption you were looking for a straight deduction. A deduction is different than a tax credit. I can't really help you on that one since I am not too familiar with Ontario provincial tax law.

Keenan

Derek Jerome 03-02-2004 11:50 PM

damn ..........I wish I could pay all my bills with 900 bucks [img]smile.gif[/img]

Dereck Waller 03-03-2004 12:11 AM

I know, I might be able to do it with $100,000

ChizzerZ24 03-03-2004 02:21 PM

Yeah I put in my rent amount yeah didn't help me to much lol, send it to my wifes uncle and see if he can squeeze out any more money if not looks like I am only getting 493$ back which I owe 216$ from last year... soo yeah I will get something but I would like a whole lot more [img]smile.gif[/img]

Derek Jerome 03-03-2004 03:40 PM

just picked up my check at the postoffice today ......... quicktx and e-file rock [img]graemlins/headbang.gif[/img]

Bigmike216 03-07-2004 01:59 AM

looks like i outta be getting a pretty good return this year, i've had them taking extra off my cheque for a while just in case [img]smile.gif[/img] now i get to go shopping :D

2 8's AKA Jeepbeats 03-07-2004 11:24 AM

:mad: Had to pay $22.35...... :(


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