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Amounts that are not reported or taxed You do not have to report certain non-taxable amounts as income, including: lottery winnings of any amount, unless the prize can be considered income from employment, a business or property, or a prize for achievement 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 the GST/HST credit (and related provincial and territorial credits and benefits), Canada child benefit (CCB) (and related provincial and territorial benefits) and Canada carbon rebate (CCR) 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 motor vehicle accident most amounts received from a life insurance policy following someone's death most types of strike pay that 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 is taxable. ...

You are therefore considered to have received an advantage of $150. The eligible amount of the gift is $850 ($1,000 − $150). ...

Note If you received the commutation payment in cash or cheque, the payment is not considered to be a transfer, therefore a deduction cannot be claimed. ...

Therefore, any payment to a qualifying survivor from an insured RRSP is considered a refund of premiums, regardless of when it is earned or paid. ...

Therefore, any payment to a qualifying survivor from an insured RRIF is considered a designated benefit, regardless of when it is earned or paid. ...

Eligible expenses The following are examples of eligible expenses for the purposes of running a free tax clinic: rental costs associated with acquiring space for your CVITP/ITAVP free tax clinic office stationery for example: toner cartridges, postage, USB keys office supplies for example: printers, shredders, locked file cabinets volunteer costs for example: police record checks, parking, transportation human resources costs for example: security personnel, clinic coordinators, clinic administration staff free tax clinic promotion for example: radio, social media, local newspaper costs related to internet and/or telephone use for your CVITP/ITAVP free tax clinic for example: USB internet sticks, Wi-Fi routers, IT professional services, internet and(or) telephone use costs must be associated with increased usage of internet and(or) telephones related to tax clinic operation, such as additional lines or increased bandwidth Ineligible or unsupported expenses Costs unrelated to organizing, administering, and hosting your organization’s free tax clinic are not considered eligible. ...

In most cases, if you filed Form T664 or T664 (Seniors), you are considered to have sold your capital property at the end of February 22, 1994, and to have immediately reacquired it on February 23, 1994. ...

Foreign currencies Foreign exchange gains or losses from capital transactions of foreign currencies (that is money) are considered to be capital gains or losses. ...

Deemed dividends What amounts are considered deemed dividends and how do you calculate them. ...

Canada Carbon Rebate for Small Businesses You may be looking for: Canada Carbon Rebate for individuals Reporting the Canada Carbon Rebate for Small Businesses on your T2 corporation income tax return Under the current legislation, the Canada Carbon Rebate for Small Businesses is considered assistance received from a government and is subject to taxation. ...