Everyone’s got tax issues. I’d like to help with yours. If you’ve got a tax question, send it to me in the contact box below, with the heading: “My Tax Issue”. Please keep it short, keep it free of personal details, and make it interesting!!
I will publish your questions on a regular basis. Sorry, but the volume of questions I get make it impossible to answer you individually. I will try to answer as many as I can, so check back regularly!
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Because of overwhelming debt and tax issues I am forced to sell my house….do I pay taxes …capital gains etc…even though I am selling for less then I bought it for? The sale price is only enough to clear debt, hopefully not incur more to the cra.
My Tax Issue
Hi David,
My wife won a couple of hundred dollars at a US casino last year and was mailed a 1042-S form. She is Canadian and lives in Canada. From her winnings, the casino withheld 30%. Is it mandatory to file a NRA Income Tax Return? If so, does she need to apply for an IRS Individual Taxpayer Identification Number?
It seems to be a big hassle for a couple of hundred dollars.
Thanks for your help,
Nick
Hello Nick. Thanks for the question. You might find the answer in my previous post on the topic.
DW
Hi David,
Cool (and informative) website! I have a Q: My late husband was a CA and he always said we should not claim some of our home office expenses as it would create some sort of problem when we later sold the house. He died a decade ago and I am the furthest thing from a CA that there is. Last year, my job changed and I now work at home full-time. My employer issued a T2200 for me to claim office supplies and other expenses. If I claim part of my heat, power and desk chair, will that trigger any problems in two years to come when I sell my house? I’d appreciate your opinion. (Resident of Ontario, in case it makes a difference)
Sarah Ann
One question…why is the closer connection exception form for canadians not issued with passport forms as that is why most people apply for a passport…to vacation in the U.S or other countries…..
My Tax Issue
In 2011 I lived in Quebec from Jan to Jul and in BC from Aug to Dec 31. Do I have to make a tax return for Quebec too?
Thanks