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If, as a mortgagee (a person who lends money under a mortgage), you repossess a property because the mortgagor failed to pay you the money owed under the mortgage, you are considered to have purchased the property. ... If you are the mortgagor and your property is repossessed because you did not pay the money owed under the mortgage, you are considered to have sold the property. ...

To calculate this gain or loss, follow these rules: If the adjusted cost base (ACB) of the property is less than $1,000, its ACB is considered to be $1,000. If the proceeds of disposition are less than $1,000, the proceeds of disposition are considered to be $1,000. ...

A non-resident trust that's considered to be resident under section 94 of the Income Tax Act for purposes of Part I (discretionary trust) is also considered resident for purposes of determining who has to file Form T1142. ...

Support payments The following information will help you determine if the support payments that you paid or received are considered support payments and if they should be included or deducted from your income on your tax return. ... Find out if the amounts you paid or received are considered support payments What amount can I claim or report? ...

Your province or territory of residence Your province or territory of residence is the province or territory where you lived or of which you were considered to be a factual resident on December 31, 2016. ... Completing your tax return On page 1 of your tax return, in the "Information about your residence" area: on the first line, enter the province or territory where you lived or were considered to be a factual resident on December 31, 2016; on the second line, enter the province or territory where you live now, if it is different from your mailing address. ...

Exception to the due date of your return When the due date falls on a Saturday, a Sunday, or a public holiday recognized by the CRA, your return is considered on time if we receive it or it is postmarked on the next business day. ... Note Since April 30, 2017, is a Sunday, your return will be considered filed on time if we receive it on or it is postmarked on or before May 1, 2017. ...

If, as a mortgagee (a person who lends money under a mortgage), you repossess a property because the mortgagor failed to pay you the money owed under the mortgage, you are considered to have purchased the property. ... If you are the mortgagor and your property is repossessed because you did not pay the money owed under the mortgage, you are considered to have sold the property. ...

To calculate this gain or loss, follow these rules: If the adjusted cost base (ACB) of the property is less than $1,000, its ACB is considered to be $1,000. If the proceeds of disposition are less than $1,000, the proceeds of disposition are considered to be $1,000. ...

Qualified donees are: registered charities (list of charities) registered Canadian amateur athletic associations registered national arts service organizations registered housing corporations resident in Canada set up only to provide low-cost housing for the aged registered municipalities in Canada registered municipal or public bodies performing a function of government in Canada the United Nations and its agencies universities outside Canada, the student body of which ordinarily includes students from Canada, that have applied for registration and are registered with the CRA (these universities are no longer required to be prescribed in Schedule VIII of the Income Tax Regulations) Note If a university has applied for registration before February 27, 2018 and is registered by the Minister on or after that day, it is considered to have applied for registration. Any university named in Regulation Schedule VIII at the end of February 26, 2018, is also considered to have applied for registration. ...

Note The election to stop contributing to the CPP does not affect the salary or wages of an employee working in Quebec or an employee who is considered to be disabled under the CPP or QPP, nor do they affect the salary and wages of a person who has reached 70 years of age. ... Services and information Before stopping CPP contributions – Employee eligibility When an election is considered to have been made When to stop deducting CPP contributions Forms and publications Form CPT30, Election to Stop Contributing to the Canada Pension Plan, or Revocation of a Prior Election Schedule 8, Canada Pension Plan Contributions and Overpayment Form CPT20, Election to Pay Canada Pension Plan Contributions Related topics Canada Pension Plan (CPP) contributions for CPP working beneficiaries Government partners Service Canada Page details Report a problem on this page Date modified: 2023-07-05 ...