Frequently Asked Questions
Individual Tax – FAQ
Q: can I claim my medical expense that I paid outside of Canada ?
A: Generally, you can claim all amounts paid, even if they were not paid in Canada.
For all expenses, you can only claim the part of the expense that you or someone else have not been and will not be reimbursed for.
Q: As a part year resident shall I pay tax on my income that I earned out side od Canada?
A: yes Only for the part of year you are resident in Canada
Q: Do we save tax if we split the pension income ?
A: Denned on:
- Marginal tax rates of both the transferor and the transferee spouse
- Availability of the pension tax credit to the transferee spouse
- Impact of allocation on the Old Age Security (OAS) claw back
Q: Can you claim the amount for an eligible dependant?
A: If you did not claim an amount on line 30300( Spouse or common-law partner amount)
of your return, you may be able to claim this amount for one dependant if, at any time in the year, you met all the following conditions:
- You did not have a spouse or common-law partner or, if you did, you were not living with them, supporting them, or being supported by them
- You supported the dependant in 2021
- You lived with the dependant (in most cases in Canada) in a home you maintained. You cannot claim this amount for a person who was only visiting you
In addition, the dependant must also be one of the following persons by blood, marriage, common-law partnership, or adoption:
- Your parent or grandparent
- Your child, grandchild, brother, or sister under 18 years of age
- Your child, grandchild, brother, or sister 18 years of age or older with an impairment in physical or mental functions
Q: How to pay your tax to CRA?
A:
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Q: What type of expenses are eligible as deducting expenses from rental income
A: In general, expenses include but are not limited to:
- utilities
- repairs
- maintenance
- interest
- insurance
- property
- taxes
- advertising
- management fees
- capital cost allowance (CCA)
In case of divorce
Q: Which parent should apply for child tax credit
A: A single parent supporting a minor child is entitled to claim an eligible dependant credit for that child. Each taxpayer may not make the claim for more than one child and both taxpayers cannot claim for the same child. If the parent is making child support payments, the parent may not claim this credit.
Q: Who can apply child care expenses:
A: lower income spouse rule no longer applies; both are permitted to deduct child-care expenses.