For the past couple of years I've filed my taxes on my own using Turbo Tax....this year I thought that since my refund was more complex than in previous years that I'd need to use a professional, but I got along just find on my own.
I even used Turbo Tax via Great Canadian Rebates and earned myself $1.80 in the process. Small steps!
I claimed approximately $7,000 in moving/home selling expenses since I moved 400km from Toronto to Ottawa for work, and need to carry over another $2,000 approximately to 2012, I will be getting a hefty return.
$3,583 to be exact! (My average return is about $500-600, this is a one-off because of the deductions)
So, how will I be spending this chunk of change:
Starting balance: $3,583
RRSP - Regular Contribution: $2,275
RRSP - HBP: $500
Emergency Fund: $408
Travel Fund: $400
My regular RRSP contribution slacked off between April 2011 and January 2012, so I'm throwing a good chunk in that account to start building it back up. With this repayment into my RRSPs under the Home Buyers Plan (I withdrew about $22,000 in February 2011) I'll have repaid my 1/15th for 2012.