Canada Tax

Canada tax questions answered by Experts

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

Related Canada Tax Questions
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
977 satisfied customers
Laval, Quebec. 64. One under age child. 400000. 200k of that
Hi, JA: Hi there. Where are you currently located? Customer: Laval, Quebec JA: How old are you? Do you have any dependents? Customer: 64. One under age child JA: What is your typical filing status? Do… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
977 satisfied customers
I'm a Canadian who lived and worked in the USA. My executive
I'm a Canadian who lived and worked in the USA. My executive portion of my pension has been terminated March 26 with a pay out of $400,000 US and tax withheld of $125,000. What is the best way to avoi… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
977 satisfied customers
I have two questions, can I claim my group RSP deduction in
Hi I have two questions, can I claim my group RSP deduction in my return both my contribution and the employers? The second question, can I claim dental fees for an implant that I paid in installment?… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
977 satisfied customers
Am I speaking to a computer or a human>? Toronto. 33 no
Hello am I speaking to a computer or a human>? JA: Hi there. Where are you currently located? Customer: toronto JA: How old are you? Do you have any dependents, or people who are financially suppor… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
977 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
977 satisfied customers
At what age/when can I pull out my RSP money without
At what age/when can I pull out my RSP money without penalty, and what would the penalty otherwise be? I am Canad***** *****ving in Ontario.… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,217 satisfied customers
I want to withdraw all of my private pension fund at
I want to withdraw all of my private pension fund at retirement and want to know how I can minimize tax payable on the funds. … read more
Rama-CPA
Rama-CPA
President
Bachelor's Degree
1,674 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
977 satisfied customers
I have a question about RRSP withdrawals... I didn't make
Hi! I have a question about RRSP withdrawals... I didn't make any money this year (I'm not retired yet, and I will be working again, I just took some time off after my company shut down, and then Covi… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
977 satisfied customers
Well my husband is set to retire and is getting a payout..is
Well my husband is set to retire and is getting a payout..is all that money considered income even if we have room to put into RRSP … read more
Legal Ease
Legal Ease
Lawyer
Doctoral Degree
301 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 have disbursed my 401k from the US and have "rolled" this
I have disbursed my 401k from the US and have "rolled" this directly into a RRSP? I have subsequently withdraw from the RRSP. However the CRA is deeming both amounts as being income. I have a problem … read more
Legal Ease
Legal Ease
Lawyer
Doctoral Degree
301 satisfied customers
My wife's RRSP deduction limit said there was a 16,975 of
My wife's RRSP deduction limit said there was a 16,975 of unused RRSP contributions available to 2015. I just realized we have over contributed to her RRSP for 2015 by 11,200 (forgot about employee ma… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
23,892 satisfied customers
In 2013, I mistakenly contributed $1658 more to my RRSP than
In 2013, I mistakenly contributed $1658 more to my RRSP than my deduction limit. The total contribution was reported on Line 208. CRA is insisting I pay tax on the $1658. I understood there was $2000 … read more
Anne
Anne
Master Tax Preparer
2,601 satisfied customers
I am financial adviser and I have a client who withdrew 48k
I am financial adviser and I have a client who withdrew 48k out of their RRSP in August. They want to put thw monies back in however they don't have the contribution room to add the 48k back. Someone … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,535 satisfied customers
Hello:I was laid off from my job this week and have been
Attachment: 2012-12-14_062716_details_on_question_to_experts.docx Hello: I was laid off from my job this week and have been offered a severance package of about $30,000. There is the option to roll ov… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
23,892 satisfied customers
I am a CDN citizen living in the US. I have more than $25k
I am a CDN citizen living in the US. I have more than $25k of foreign tax credits accumulated. Is it a good time to start cashing my CDN RRSPs if the tax credits can be applied towards any taxes I wou… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,535 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

63 satisfied customers

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

AndrewD914

AndrewD914

CPA, CA, CFA

977 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

6,060 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