Wednesday, January 5, 2011

2010 Taxes

With 2010 now under our belts I've started thinking about tax time - I love filing my own taxes and researching ways of reducing said taxes.

Here's a list of my favourite websites to visit over the next couple of months in preparation for Efiling:
- Canada Revenue Agency: http://www.cra-arc.gc.ca/formspubs/t1gnrl/on-eng.html (for Ontario 2010 info isn't up yet)
- Tax Tips: http://www.taxtips.ca/filing.htm
- http://www.taxes.ca/index.php

Around this time I also start thinking about what I actually need to file my taxes.  Here's what I've come up with so far:
- Income slips - Previous job, current job, EI
- Expenses from moving from home town to Toronto - moving van, gas, meals
- TTC pass information
- RRSP contributions
- TFSA contributions
- Health Insurance Payments/Payments for services before I got health insurance
- Last year's Assessment
- Donation receipts

If I've done my calculations correctly, I think that I'll be getting a refund between $600 and $1,200 for 2010 - I need to do a bit more research around the Health Insurance claim (I paid $1,400 for yearly premiums plus $350 before I got coverage), but I'll do that closer to filing time.

1 comment:

  1. Ugh, taxes.

    I have been thinking about them lately as well and am anxious to get everything filed so it's out of the way. I am hoping to get a few thousand dollar return for my husband and I!

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