TurboTax Canada 2018 - 2019 Software: Tax Return Preparation

FREE income tax software

�Do your taxes online for free if you earned less than $20,000 in 2013.

You can prepare your taxes anytime from anywhere on any computer with an Internet connection.

Do You Qualify for Free Edition?

If your household income is below $20,000 gross (before taxes), you can prepare your taxes with the Free TurboTax Canada online edition.� Prepare your tax return - and...

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Date: 2018-11-02 15:06:27
Website: http://prepareincometaxes.com

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Previous Years’ Tax Returns: Previous Years’ Tax Software ...

TurboTax Basic Download

For the 2010 tax year

Do you have T4s & donations... but not much more than that to file? TurboTax Basic for the 2010 tax year may be right for you. Includes just the basics you need:

Step-by-step guidance with the EasyStep[TM] Interview

Government-approved forms

FREE phone & email support1 - plus comprehensive online FAQs

NOTE: TurboTax Basic does not include the...

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Website: http://shop.quickbooks.ca

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Non-Residents and Income Tax - 2017 - Canada.ca


Your insurance company will send Form T2062B and any required payment to us.

Step 2 - If you are letting us know about an actual disposition and you provide payment (or acceptable security) to cover the resulting tax payable, we will issue you a certificate of compliance, Form T2068, Certificate - The Disposition of Property by a Non-Resident of Canada.


Notify us no later than 10...

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Date: 2019-03-23 23:12:55
Website: https://www.canada.ca

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How to bring 401(k)s and IRAs to Canada | Advisor.ca

The proper choice depends on several factors, so ask the following questions.

What kind of plan is it, and have you already started withdrawing from it?

If the client has already started withdrawing from the plan, she cannot transfer it into an RRSP, says Power. She adds 401(k)s that have been rolled over into annuities cannot be transferred.

There are considerations for each plan. For 401(k)s,...

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Website: http://www.advisor.ca

Related topics : canadian income tax return / income tax rate calculator / self employed income tax calculator canada / tax return canadian / canadian tax return form

UFile for Free, Tax Software Canada | UFile

Is your tax return simple but you still want to NETFILE for a faster refund?

UFile ONLINE is absolutely free if you are reporting only employment income (one single T4) or income from a Canadian Government pension (OAS or CPP/QPP). You must also be entitled only to standard non-refundable tax credits, and have no other deductions or credits such as RRSPs, charitable donations or medical expenses. Your return may be simple but preparing and filing is not. Thank goodness, now there's UFileFREE!

Start UFile ONLINE for FREE


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Website: ufile.ca

Tax protester - Wikipedia

Main article: Tax protester history in the United States

While there have been people throughout history who challenged the assessment of taxes as beyond the power of the government, the modern tax-protester movement began after World War II . One of the first people to fit this description was Vivien Kellems , a Connecticut industrialist and political activist who specifically protested monthly...

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Date: 2019-03-09 15:03:08
Website: https://en.wikipedia.org

7 Ways to Get a Bigger Tax Return - Canada Drives

7 Ways to Get a Bigger Tax Return

February 25, 2019

While we all have to pay taxes, there are various deductions and tax credits available to help us maximize our tax refund - many that Canadians are unaware of!

The Canadian government is always making changes to the deductions that are available to us, therefore it is well worth the time and effort to find out the deductions and tax credits that...

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Website: https://www.canadadrives.ca

Canadian Snowbirds and U.S. Tax


Many Canadians have found that the best way to deal with the harsh Canadian winter is to not deal with it at all. Instead they fly to sunny Florida, or other locations in the southern United States, for several months out of the year. Although the weather can be enticing, Uncle Sams tax collector, the Internal Revenue Service, may have a few unpleasant surprises for the unwary. ...

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Date: 2010-05-13 13:56:44
Website: http://www.grasmick.com

When Should I Utilize The Foreign Tax Credit and When ...


August 8, 2017 - Reply

I have long been trying to understand why most accountants do not take a foreign tax credit for health insurance tax and (in Israel) bituach leumi. The relevant IRS information which I found states that:


The tax must be imposed on you

You must have paid or accrued the tax

The tax must be the legal and actual foreign tax...

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Website: https://www.expattaxcpas.com

Important Tax Dates and Deadlines for 2018 | BDO Canada

T5013 Partnership Information Returns (where all�

members are individuals, including trusts)

April 314

T1135 Foreign Income Verification Statement

Due on same date as income tax return15

1. Keep in mind that if the deadline falls on a weekend or public holiday recognized by the CRA, for federal tax purposes, your tax return is filed on time if it is received or it is postmarked on...

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Website: https://www.bdo.ca

TurboTax Canada: Canadian Tax Software

Canadian Tax Software

The TurboTax Canada Free Online Edition is ideal for Canadians with only income to claim. Plus, get help when you need it by accessing the Live Community, where you can connect with other users while preparing your taxes online.

You can qualify to use the Free Online Edition if you:

Receive T-slips such as T4s and T4As

Have tip income or pension income to...

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Date: 2017-10-17 16:28:48
Website: http://taxreturnsoftware.com

Tax on Real Estate Sales in Canada - Madan CA - Chartered ...

Ever wonder how to deal with tax on real estate sales in Canada? If you own a rental property or a real estate investment in Canada, and have sold or are thinking of selling, read this blog for helpful tax tips that can save you thousands.

This blog is divided into 3 separate parts:

How to Reduce Taxes on the Sale of Real Estate in Canada

Best Ways to Own Canadian Real Estate Investments


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Website: http://madanca.com

How Investing Taxes Work – Dividend Tax Credit and Interest

Reply Link

Mark April 9, 2008, 4:11 pm

I was wonder about dividend credits and income. My wife works as do I so how much tax would we pay on the dividends along with our incomes? Is there a table or formula for calculating?

Ed Rempel April 10, 2008, 12:58 am

Hi Mark,

Check out the tax table in the TFSA article: https://www.milliondollarjourney.com/tfsa-vs-rrsp-clawbacks-income-tax-on-seniors.htm...

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Website: https://www.milliondollarjourney.com

How to prepare Corporation Income Tax Return for Business ...

- Schedule 8: Capital Cost Allowance

- Schedule 1: Net Income for Tax Purposes

- Schedule 3: Dividend Received, Taxable Dividend Paid, and Part IV Tax Calculation

- Schedule 11: Transactions with Shareholders, Officers or Employees

- Schedule 24: First time Filer after Incorporation, Amalgamation or Wind-up of Subsidiary into a Parent

- Schedule 200: T2 Corporation Income Tax Return

Schedule 100...

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Website: http://madanca.com

Employers’ Guide – Payroll Deductions and Remittances ...

This is a monthly withholding amount (MWA), not an AMWA . For more information, go to Chapter 8


Chapter 1 - General information

Do you need to register for a payroll program account?

You need to register for a payroll program account if you meet any of the following conditions:

pay salaries or wages

pay bonuses or vacation pay

provide benefits or allowances to employees

need to report,...

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Date: 2019-04-09 21:49:28
Website: https://www.canada.ca

Payments That Are Subject to Withholding Tax - IRAS

The following types of payments attract withholding tax when paid to non-resident companies:

Interest, commission, fee in connection with any loan or indebtedness ;�

Royalty or other payments for the use of or the right to use any movable property;�

Payments for the use of or the right to use scientific, technical, industrial or commercial knowledge or information or for the rendering of...

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Website: https://www.iras.gov.sg

Canadian Tax Blog - Canada's Taxes and RRSP Portal

Tax Tip: Top 10 ways to reduce your tax bill

Now available on the Canada Revenue Agency website:

Did you know?

There are a number of ways to reduce the amount of tax you owe and keep more money in your pocket at tax time. The Canada Revenue Agency (CRA) can help you learn more about the various credits and deductions that you may be entitled to and that can save you money when you file your 2011...

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Website: http://www.taxes.ca

Capital gains tax: A quick and easy primer - MoneySense

Q: Can I save capital gains tax by putting money into a TFSA?

Do I have to pay capital gains tax if I sell one investment to buy another investment?


A: I have had a couple of questions lately about selling one investment and buying another to avoid capital gains tax, M. Given the end of the year and the upcoming income tax season, I figure it's a good time for a primer on capital gains...

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Website: moneysense.ca

Related topics : capital gains property tax rate / free income tax return canada / free income tax return / earned income tax return / tax return free

Income Tax Folio S5-F1-C1, Determining an Individual’s ...

Discussion and interpretation

General Overview

1.1 Under the Canadian income tax system, an individual's liability for income tax is based on his or her status as a resident or a non-resident of Canada. An individual who is resident in Canada during a tax year is subject to Canadian income tax on his or her worldwide income from all sources. Generally, a non-resident individual is only subject to...

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Date: 2019-03-23 23:36:40
Website: https://www.canada.ca

US Tax Guide for Foreign Nationals | GW Carter, Ltd.

The Tax Return: Form 1040NR

Your�Filing Status - What Difference Does It Make?

Choosing the proper filing status is important because it is used to determine what tax rate schedule you will use for your�effectively connected�income. An explanation of filing status is in Chapter Five of IRS Publication 519 . It is also discussed in the Instructions to Form 1040NR .

If you are single on the...

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Website: https://form1040nr.com

Cutting edge Canadian tax software - TaxFreeway

Price: $9.95  (per 20 tax returns)

NETFILE Exclusion: None

Price: Apple Store price tier 20 (per 20 tax returns on all three products,  i. e. TaxFreeway for iPad, Windows and Mac)

Exclusion: Multiple Jurisdictions

Price: $14.95  (per 20 tax returns)

NETFILE Exclusion: None

"I've completed my evaluation of replacement tax programs and am now the proud owner of a TaxFreeway...

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Date: 2018-02-17 14:05:38
Website: http://taxfreeway.ca

T2 Corporation – Income Tax Guide – Chapter 8: Page 8 of ...

In field 100, enter the regulation number that applies to attribute the taxable income.


Part 2 of Schedule 5 - Provincial and territorial tax credits and rebates

Complete Part 2 of Schedule 5 if one of the following applies:

there is provincial or territorial tax (and a permanent establishment in more than one province or territory)

there is a claim for provincial or territorial...

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Date: 2019-03-24 02:59:38
Website: https://www.canada.ca

Tax Filing Deadlines in Canada - Bookkeeping-Essentials.com

Tax Filing Deadlines in Canada

Tax Due Dates By Type of Tax

by L. Kenway BComm CPB

The Bookkeeper's Notes on tax compliance and tax filing deadlines by tax type ...

everything in one place ... for work from home bookkeepers and small business owners doing their own books.

You can scroll down to find what you are looking for or click on one of the QUICK LINKS to go right to the spot.

What You'll...

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Website: http://www.bookkeeping-essentials.com

Capital Gains – 2017 - Canada.ca

Capital gain (line A minus line D)


= $2,440


Because only 1/2 of the capital gain is taxable, Mario completes Schedule 3 and reports $1,220 as his taxable capital gain on line 127 of his income tax and benefit return.

When you sell, or are considered to have sold, a capital property for less than its ACB plus the outlays and expenses incurred to sell the property, you have a capital loss. You...

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Date: 2018-03-23 02:55:01
Website: https://www.canada.ca

TurboTax - Wikipedia

Overview[ edit ]

There are a number of different versions, including TurboTax Deluxe, TurboTax Premier, etc. TurboTax is available for both federal and state income tax returns. The software is designed to guide users through their tax returns step-by-step. The TurboTax software provides taxpayers additional support for their self-prepared returns by offering Audit Defense from TaxResources, Inc...

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Date: 2018-03-16 00:40:37
Website: https://en.wikipedia.org

Calculating Remuneration Subject to Source Deductions of ...

Calculating the Remuneration Subject to Source Deductions

Calculating Remuneration Subject to Source Deductions of Income Tax

In order to determine the amount of income tax to withhold using the Source Deduction Table for Québec Income Tax ( TP-1015.TI-V ), you must first calculate the remuneration subject to source deductions of income tax.

To do this, follow these steps:

Calculate the gross...

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Website: https://www.revenuquebec.ca

Related topics : income tax deduction calculator quebec / income tax deduction calculator / tax income return calculator / income tax withholding calculator / individual income tax return form

Salary after Tax Calculator - Canada (CA)

 More Info

Gross Income

is the sum of all your earnings before any taxes have been deducted, minus any exemptions.

Net Income

is the money you take home after all taxes and contributions have been deducted from your gross salary.

Tax Due is the sum of all taxes and contributions that will be deducted from your gross salary. The deductions used in the above salary calculator assume you are not...

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Website: https://salaryaftertax.com

FAQ Topics | North Dakota Office of State Tax Commissioner

Federal chartered corporations

Public and private non-profit schools

Hospitals, nursing homes, intermediate, basic care, assisted living facilities, and emergency medical providers licensed by the North Dakota Department of Health and Human Services (on qualifying purchases)

Qualifying voluntary health organizations

To apply, organizations must complete, sign, mail or fax an application to the...

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Website: nd.gov

CRA moves to increase tax filing online | CBC News

Canada Revenue has also stopped mailing people who use the online service Netfile an individual access code. (Sean Kilpatrick/Canadian Press )

The Canada Revenue Agency wants more people to file their personal income tax returns online.

The agency has discontinued its free Telefile service that allowed people with basic returns to file by entering their tax information using the telephone.


Read more

Website: cbc.ca

The Isaac Brock Society | November 24, 2017 ADCS/ADCT ...

November 24, 2017 ADCS/ADCT press release asking U.S. Congress not to harm Canadians (and by extension to the peoples of Australia, France, UK, etc.) with new tax reform legislation

Posted on

by Stephen Kish Posted in Law & Morality 87 Comments

The specific problem in the U.S. tax reform bills related to U.S. person-owned incorporated businesses in Canada, Australia, France, UK, etc. appears to...

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Website: http://isaacbrocksociety.ca

Which free software should you use to file your income tax ...

Mon., April 16, 2018

Canadian taxpayers have until April 30 to submit their personal taxes for 2017. Despite that deadline fast approaching, many wait until the last minute to prepare and file their taxes.

The good news for do-it-yourself tax filers is that basic tax preparation software is free and rather intuitive to use. Two of the main free software providers are TurboTax and...

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Website: https://www.thestar.com

Technical Backgrounder: Mortgage Insurance Rules and ...

Technical Backgrounder: Mortgage Insurance Rules and Income Tax Proposals (Revised October 14, 2016)

Technical Backgrounder: Mortgage Insurance Rules and Income Tax Proposals (Revised October 14, 2016)

The Government of Canada recognizes the importance of a healthy, competitive and stable housing market for all Canadians, including the many Canadian families who count their principal...

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Website: fin.gc.ca

Comparison of Canadian-tax preparation software for ...

A list of personal use Canadian income tax preparation software packages and Web applications. They are listed alphabetically....

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Date: 2018-03-08 15:20:09
Website: https://en.wikipedia.org

Related topics : tax return preparation software / income tax return software canada / income tax return software / canadian income tax return / revenue canada income tax return

How capital gains tax strategies change under the new tax ...


For most Canadians, the new requirement to report the sale of a principal residence will be nothing more than a compliance exercise--but one shadowed by the threat of unrestricted audits and sizeable penalties. To help you negotiate through the new reporting rules, please see the 8 questions you have about principal residence tax rules . But for families with more than one property as well...

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Website: moneysense.ca

TD Tax-Free Savings Account (TFSA) | TD Canada Trust


TD Tax-Free Savings Account (TFSA)

TFSAs are great for long or short-term goals because your savings can grow more quickly when you don't have to pay tax on investment income.

Earn more than 2x the posted interest rate on savings balances. *

For a limited time when you open a new TD Canada Trust Tax-Free Savings Account.

Call 1-866-222-3456

TD makes it easy to save

At TD, you'll find a range...

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Website: tdcanadatrust.com

What is Child Disability Tax Credit & do you qualify ...

Family net income is a key component in determining the Child Disability Benefit amount. It is calculated by adding the amount entered on line 236 of your income tax return to the net income of your spouse or common-law partner. Your child's net income (if any) does not play a part in determining family net income. If you, your spouse or...

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Website: https://disabilitycreditcanada.com

Related topics : calculation child tax credit / calculate child tax credits / calculating child tax credit / calculate child tax credit / calculator child tax credit

Leaving Canada with an RRSP & TFSA | Ask ModernAdvisor

Question: Hi, I have my non-registered investments at ModernAdvisor and really enjoy the platform and the service. However, I haven't opened an RRSP or TFSA yet. The reason is that I'm not sure if I will stay in Canada for the remainder of my career. My question is, what would happen to my RRSP and TFSA if I were to end up leaving Canada in a few years and become a non-resident?

Answer: Great...

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Website: http://blog.modernadvisor.ca

Related topics : non resident tax return canada / non resident tax return california / non resident tax return form / non resident tax return / income tax return canada

Property Transfer Tax Act - Laws Publications

Fair market value of land with industrial improvements

1.1 � (1) For the purposes of a transaction referred to in paragraph (a) (i), (iii) or (iv) of the definition of "taxable transaction",

(a) if

(i) the transferor is the government, or

(ii) the transfer is between associated corporations within the meaning of section�256 of the Income Tax Act (Canada), and

(b) the land being transferred...

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Date: 2018-03-23 04:07:37
Website: http://www.bclaws.ca

Speculation and Vacancy Tax Act - bclaws.ca

Meaning of "partnership interest holder"

4 � Subject to the exclusions, if any, in the regulations, an individual is a partnership interest holder in relation to an interest in a residential property registered in the name of a partner in a partnership if the interest in the residential property is partnership property and either of the following applies:

(a) the individual has an interest, as...

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Date: 2019-03-24 04:27:55
Website: http://www.bclaws.ca

RBC Dominion Securities - Tax Reporting Guide

Important information about tax reporting for Income Trusts and Limited Partnerships

Even though the federal government passed legislation effective tax year 2007 that requires Income Trusts and publicly-held Limited Partnership issuers to report to financial intermediaries such as RBC Dominion Securities by the end of February, the nominal penalty for non-adherence to the deadline does not deter...

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Website: http://www.rbcds.com

RRSP Information | RRSP Advisor | Canadian RRSP

RRSP contribution deadline

2014 tax year RRSP contribution deadline is March 2 2015

The RRSP Contribution deadline for the 2014 tax year is March 02 2015 - don't forget that RRSPs are a tax-deductible way to save for your retirement, and contributions are tax-deductible until the money is withdrawn. Unlike other investments, all income earned from RRSP investments is not taxed,

The maximum RRSP...

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Website: http://www.rrspadvisor.com

Related topics : earned income tax return / previous years tax returns canada / previous years tax returns / file federal income tax return 2014 / revenue canada income tax return

Canada GST (Goods and Services Tax) and HST (Harmonized ...

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canadian GST/HST Information for Businesses

Canadian GST/HST Information for Businesses

2008 GST Information for Businesses

1. What are the new rates of GST and HST?

The rate of the GST and the federal component of the HST will be reduced from 6% to 5%. The...

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Website: tax-services.ca

Canadian Tax FAQ - NR4 Amounts for Non-Residents of Canada



If a Canadian corporation pays a non-resident pensions, annuities, management fees, interest, dividends, rents, royalties and payments for film or video acting services, the Canadian corporation is required to withhold a certain amount of tax (Part 13 tax) and remit the tax to the Canada Revenue Agency (CRA). The relating income and withholding tax is then required to be reported...

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Website: https://www.world.tax

Related topics : non resident tax return canada / non resident tax return / revenue canada income tax return / resident income tax return / corporate tax return filing canada

Tax Write-Offs for a Small Business in Canada - Madan CA

If you own a small Canadian business, it is beneficial to claim these 8 tax write-offs, as they will help reduce your business' taxable income and taxes payable.

1. Home-Office Expenses

The most common tax write-off for a small business in Canada is home-office expenses. If you work from a home office, you will be eligible for deductions on certain home-office related expenses.


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Website: http://madanca.com

Tax-Savvy Ways to Sell Your Canadian Business - dummies

Tax-Savvy Ways to Sell Your Canadian Business

Tax-Savvy Ways to Sell Your Canadian Business

If you're the owner of a small business in Canada, your company is likely your most valuable asset. You may have dreams of selling the business one day and using the proceeds to travel or invest in another business. Or you may be considering selling part of your business to a partner to reduce the amount...

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Website: http://www.dummies.com

eTaxCanada 2006 Windows - Canada's tax preparation software



eTaxCanada[TM] 2006 Windows MAY NOT support Windows 98 and Windows ME . If you are using Windows 98 or Winidows ME (with IE explorer 6 or higher), you can use eTaxCanada[TM] 2006 Online to prepare your tax return.


Download eTaxCanada[TM] 2006 (Version 2006.8.0.41063) Setup.zip (3.99MB) or eTaxCanada2006.msi (4.02MB) , and save it to your hard drive.

If you download the Setup.zip file,...

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Website: http://etaxcanada.com

8 Great Tax Tips for 2018 | H&R Block

8 Great Tax Tips for 2018

8 Great Tax Tips for 2018

It's almost time to file, and with all that happened in 2017, it'd be easy to forget some of the changes that could affect how you file this year. We're here to help you stay ahead, so we've rounded up what to know, plus some tried and true tips that will help get you the most money back.

What's New:

Not working 20 hours a week for the...

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Website: https://www.hrblock.ca

Download StudioTax - Canadian Personal Income Tax Software


Getting Started (Installation)

StudioTax is built on Microsoft .Net framework. StudioTax installer will attempt to download and install the required .Net 2.0 SP2 or .Net 4.5(StudioTax 2013 and later versions) if it's not already available on your computer.

Follow these steps to download and install StudioTax:

Download the exe file for the required tax year and save it to a temporary folder. Or you can also download the zip file, un-zip it and save the archived exe file to a temporary folder.

Try to run the install by double-clicking on the exe file that you downloaded and saved in step 1. Depending on your security...

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Website: studiotax.com

Related topics : income tax e file return / income tax return software / canadian income tax return / income tax check return / file my tax return


What are the 10 Most Missed Tax Deductions

What are the 10 Most Missed Tax Deductions

1. Equivalent-To-Spouse Credit

The equivalent-to-spouse credit can be claimed if you are single, divorced or separated. It is calculated the same way as the spousal credit with some restrictions. 

If the dependent is not a child, he or she must be a Canadian resident. If a child is claimed as a dependent, he...

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Website: http://www.taxmanagementcentre.com

How to Calculate Tax Payable on the Sale of Your Rental ...

Hi fellow Canadian Real Estate Investors,

It was my birthday weekend last week.

Erwin arranged a surprised celebration party on Sunday with my best friends.

He knows that I'm a geek so we once again went to an escape room. This time we manage to escape in less than 35 minutes and that was the fastest time I had ever done!

We even made the best escape time for the week! Woo-hooh!

Now onto this...

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Website: http://realestatetaxtips.ca