myTaxExpress: What’s new for 2022 personal tax returns Answer:
New tax filing season is fast approaching. Here's a quick overview of some of the changes you need to know when filing your 2022 personal ...
Common: How to calculate medical travel expenses? Answer: Many of the expenses that you may incur to travel for medical treatment, or expenses that you incur on behalf of your spouse or dependants ...
Forms and Slips: Why field 9936 doesn't calculate from CCA table? Answer: There is a principle that CCA amount can NOT be used to create a business loss. Using Rental business as example, If you have a ...
Common: New rule on "Allowance on eligible capital property" Answer: As of January 1, 2017, taxpayers can no longer claim an allowance on eligible capital property. They must use capital cost allowance under class 14.1 ...
Forms and Slips: How to report foreign income and income tax paid? Answer:
For recent tax years, the field number is changed to 5-digit format, e.g. field 104 = field 10400.
First, you need to convert foreign income ...