TurboTax FTMFW
Originally Posted by chrisjgiuliano,Feb 21 2008, 05:05 PM
What are you guys all using your returns for?
I'm scared to use the Canadian version of those applications because I feel my situation is somewhat unique and convoluted. I relocated mid-year to a province that has seriously lower taxes, which apparently (per my boss, colleague, and two friends who did the same one year prior) qualifies me for far greater rebates due to having moved here for a portion of the year. Also, I incurred a few expenses in the move related to vehicle registrations and inspections, etc.
Am I naive to think the software won't properly account for these or should I give it a shot? Most of them seem to have guarantees such as "Maximum deduction guaranteed or blah blah blah"
Am I naive to think the software won't properly account for these or should I give it a shot? Most of them seem to have guarantees such as "Maximum deduction guaranteed or blah blah blah"
Originally Posted by chrisjgiuliano,Feb 21 2008, 06:22 PM
Stack, how do you deal with tax returns all day long? I would go insane filling in all those forms
I just file my own taxes, and have for about 10 years now, so I know what I'm looking at.
Originally Posted by MikeyCB,Feb 21 2008, 04:24 PM
I'm scared to use the Canadian version of those applications because I feel my situation is somewhat unique and convoluted. I relocated mid-year to a province that has seriously lower taxes, which apparently (per my boss, colleague, and two friends who did the same one year prior) qualifies me for far greater rebates due to having moved here for a portion of the year. Also, I incurred a few expenses in the move related to vehicle registrations and inspections, etc.
Am I naive to think the software won't properly account for these or should I give it a shot? Most of them seem to have guarantees such as "Maximum deduction guaranteed or blah blah blah"
Am I naive to think the software won't properly account for these or should I give it a shot? Most of them seem to have guarantees such as "Maximum deduction guaranteed or blah blah blah"
For a move, remember that you can charge meals ($15 per meal, I think?) for weeks prior to and/or after the move to cover for your not having a house/residence set up to cook meals and such. That adds up - nearly $50 a day for 21 days. Take a look at the Revenue Services Canada bulletin on moving expenses - there are a few little nuggets in there that you can claim to boost your return.
I claim my wife and daughter as dependents, even though my wife works full time now. We still got back a few grand this year, mainly because my wife didn't work the full year. This year, it should pretty much even out since she'll be working full time, the full year. We might get a grand or so back but that's not worth making a change to my withholdings, really.



At least I can inject some life into the portfolio





