Canada Tax

Canada tax questions answered by Experts

Connect one-on-one with {0} who will answer your question

Related Canada Tax Questions
Can you tell me what the tax advantages and disadvantages
Can you tell me what the tax advantages and disadvantages there to setting up funds in a trust for an adult child to ensure the asset falls out of the will? Ideally I would also be listed as a benefic… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I over contributed to my RRSP for 2020. I have the form from
I have the form from my financial advisor "refund of excess contribution" now what do I do with the form?… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
Does a US citizen living Canada using the Canadian Home
Does a US citizen living Canada using the Canadian Home Buyer Plan owe taxes to US on the RRSP's withdrawn as a nontaxable loan in Canada? Is the election to defer taxes until distribution still valid… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I don't know how to file my Canadian taxes. I was a resident
I don't know how to file my Canadian taxes. I was a resident for half the year, and non-resident for the other half. I am currently living out of the country. … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
My ex-husband is claiming a much lower income that isnt
My ex-husband is claiming a much lower income that isnt consistent with the past years. Same line of work same status. he has a salary base plus bonus. in 2017 earned income was142,000, in 2018 $112,0… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I am a real estate salesmen and make 120,000 in commission
I am a real estate salesmen and make 120,000 in commission per year is incorporating a good idea for tax savings? … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
This website is for Canadian taxes? Toronto. 32, no kids,
32, no kids, can parents be categorized as dependents? … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
My last Canadian resident year was 2020. I know I have to
My last Canadian resident year was 2020. I know I have to file a final tax return, as well as an N73. No problem. Is the "final" tax return a separate tax return than my normal 2020 tax filing, or can… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I separated from my husband for couple of years but we share
Hi I separated from my husband for couple of years but we share this same household for saving and convenience . I am 70 years old . … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I am looking for advice from a tax professional with
I am looking for advice from a tax professional with experience in Canada and US tax issues affecting dual citizens… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
My husband has a LIRA in Ontario from a pension he was
My husband has a LIRA in Ontario from a pension he was entitled to with a former employer. We relocated to the US permanently and became US citizens in 2004. We have no other interests in Canada other… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I live in Ontario Canada and I have a question about
Hi, I live in Ontario Canada and I have a question about financials. I have my contribution limit for my RSP is $2400. I maxed out that limit with stocks and ETF's. I deposited an extra $2000 cash int… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I have a question about minimizing taxable capital gains as
Hi, I have a question about minimizing taxable capital gains as an individual … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
1) Would severance package get income tax deducted before it
1) Would severance package get income tax deducted before it get deposited to my bank account? I am in 26% tax bracket, if so, I would have 74% or less to my account? 2) What else could be deducted fr… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
We have a car loan at under 3% interest. About 15k (Canadian
We have a car loan at under 3% interest. About 15k (Canadian $) Lately we have saved some money - due to Covid and can comfortably pay this off. Should we?… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
941 satisfied customers
I've recently purchased a new home in Ontario, Canada. My
Second opinion] hi - I've recently purchased a new home in Ontario, Canada. My question involves the Canadian first time Home Buyer's Plan and the tax deductions related to it and RRSP's.Prior to purc… read more
Legal Ease
Legal Ease
Lawyer
Doctoral Degree
301 satisfied customers
I'm a U.S CPA and I need a Canadian tax expert to help me with
I'm a U.S CPA and I need a Canadian tax expert to help me with a couple of questions. Someone current in Canadian/Cross-border tax please. Thank you. I have a U.S client with significant balances in C… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
23,787 satisfied customers
I have a U.S client with significant balances in RRSP and RRIF
I have a U.S client with significant balances in RRSP and RRIF accounts. He is looking to cash out these balances and move the funds to the U.S. I know that Canada will impose a withholding tax of eit… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
2,450 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Arthur Rubin

Arthur Rubin

Tax Preparer

62 satisfied customers

Tax preparer with 23 years experience, including US/Canada tax returns.

AndrewD914

AndrewD914

CPA, CA, CFA

941 satisfied customers

Expert

Legal Ease

Legal Ease

Lawyer

301 satisfied customers

Lawyer

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

6,055 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

876 satisfied customers

B.A., M.B.A, J.D.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x