Personal TaxFAQs

Is an individual required to file a tax return in the year of their death?

I have filed my personal tax return. When can I expect a refund?

In a shared custody situation, who gets to claim CCTB for the child?

I have prepaid for a medical procedure that is not scheduled until next year. Can I still claim the medical expense for the prepayment this year?

Can I opt out of making CPP contributions?

Should I contribute to RRSP or TFSA?

My bank won’t approve a mortgage to my corporation for the purchase of an investment property. Can I use a bare trust?

What is the minimum tax carryover?

Can I add my spouse to my corporation, as a shareholder, for income splitting purposes?

On the Personal Income Tax Return, why does it ask me if I own a foreign property with a cost of more than $100,000 CDN during the year?