Tax Blog – rbtj.ca

rbtj.ca Tax Blog

Senior’s Tax Return

I am a senior. How can I file my taxes? What should I include in filing taxes? *** Rbtj.ca offers a 10% seniors discount on the regular price for income tax filing. If you are 65 or over, you are considered senior in Canada. You are required to report any

T2200 – T777 Employment Expenses

I am an employee and receive T4, but I also spend some money for the business, i.e., I use my phone or my car. May I claim employment expenses? As a full-time employee you will be able to claim employee expenses if you have T2200 signed by your employer. This

Home Office Expenses

I work from home. Can I claim home expenses while filing taxes? The short answer is yes but the rules are different considering whether you are self-employed or an employee working remotely. If you are self-employed and using a part of your home to do your business, you can claim

Student’s Tax Return

I am a student in Canada. How can I file my taxes? What is Tuition credit? If you are a student, over the age of 16, at a post-secondary level in Designated Educational Institution, you are eligible for tuition tax credits. The common tax slip that students get since 2019

Self-employment Tax Return

I am self-employed. Should I claim my income? How can I claim my expenses? What information is needed to file my taxes? If you are self-employed, you must claim the total income that you earned during the tax year. You also can claim the expenses directly related to your work.

First Time Tax Filer

This is the first time I need to file my taxes in Canada. What documents and information are needed? Welcome to Canada! First, you need to make sure you have a valid SIN number, which you could get from Service Canada. You can create a “My Account” on the Canada

Rental Property Tax Preparation

I rent my place, how can I claim my expenses? If you own a property and rent the whole place or a part of it, you must claim the rental income you earned during the tax year. If you have a partnership in rental income, you should provide a partnership

Delivery Service Tax preparation

I work in a food delivery service (i.e., Skip the Dishes, Door dash, etc.). How can I claim my expenses? What information is needed to file my taxes? If you work in the food delivery service, and you do not receive a T4, you will be considered self-employed. You must