Search - connection

Self-employed persons- If you or your spouse or common-law partner carried on a business in 2004 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2004 has to be filed on or before June 15, 2005. ...

After your call is accepted by an automated response, you may hear a beep and experience a normal connection delay. ...

After your call is accepted by an automated response, you may hear a beep and experience a normal connection delay Previous Next Page details Date modified: 2022-01-18 ...

After your call is accepted by an automated response, you may hear a beep and notice a normal connection delay. ...

. ⬤ Line 22100 – Carrying charges, interest expenses, and other expenses Claim the following carrying charges and interest that you paid to earn income from investments: fees to manage or take care of your investments (other than fees you paid for services in connection with your pooled registered pension plan (PRPP), registered retirement income fund (RRIF), registered retirement savings plan (RRSP), specified pension plan (SPP), and your tax-free savings account (TFSA)) fees for certain investment advice (see archived Interpretation Bulletin IT-238R2, Fees Paid to Investment Counsel) or for recording investment income fees to have someone complete your return if all of the following apply: You have income from a business or property Accounting is a usual part of the operations of your business or property You did not use the amounts claimed to reduce the business or property income you reported (see consolidated and archived Interpretation Bulletin IT-99R5, Legal and Accounting Fees) most interest you paid on money you borrowed for investment purposes, but generally only if you use it to try to earn investment income, such as interest and dividends Note If the only earnings your investment can produce are capital gains, you cannot claim the interest you paid. legal fees you incurred relating to support payments that your current or former spouse or common-law partner, or the natural parent of your child, paid or will have to pay to you Note Legal fees you incurred to try to make child support payments non-taxable must be deducted on line 23200 of your return. ...

Self-employed persons- If you or your spouse or common-law partner carried on a business in 2012 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2012 has to be filed on or before June 15, 2013. ...

Line 22100 – Carrying charges and interest expenses Claim the following carrying charges and interest you paid to earn income from investments: fees to manage or take care of your investments (other than any fees you paid for services in connection with your pooled registered pension plan, registered retirement income fund, registered retirement savings plan, specified pension plan, and your tax-free savings account) fees for certain investment advice (see Interpretation Bulletin IT-238, Fees Paid to Investment Counsel) or for recording investment income fees to have someone complete your return, but only if you have income from a business or property, if accounting is a usual part of the operations of your business or property, and if you did not use the amounts claimed to reduce the business or property income you reported. ...

You do not have to report certain non-taxable amounts as income, including the following: most lottery winnings most gifts and inheritances amounts paid by Canada or an allied country (if the amount is not taxable in that country) for disability or death of a war veteran due to war service GST/HST credit and CCB payments, including those from related provincial or territorial programs family allowance payments and the supplement for handicapped children paid by the province of Quebec compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident most amounts received from a life insurance policy following someone’s death most types of strike pay you received from your union, even if you performed picketing duties as a requirement of membership Note Income earned on any of the above amounts (such as interest you earn when you invest lottery winnings) is taxable. most amounts received from a TFSA Line 13010 – Taxable scholarships, fellowships, bursaries, and artists’ project grants Report amounts that you received as a scholarship, fellowship or bursary, or a prize for achievement in a field of endeavour ordinarily carried on by you (other than a prescribed prize) that were not received in connection with your employment or in the course of business, to the extent that these amounts are more than your scholarship exemption. ...

Such a corporation is one approved by the Governor in Council and licensed or otherwise authorized under the laws of Canada or a province to issue investment contracts in connection with registered retirement savings plans. ¶ 4. ...

Self-employed persons- If you were carrying on a business in 1997 (unless the expenditures of the business are primarily in connection with a tax shelter), your 1997 income tax return has to be filed on or before June 15, 1998. ...