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Blog posts from 2024

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Articles from 2024, page 7 of 11

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July 12, 2024

RL-21 Slip – Farm Support Payments

Learn about the RL-21 slip for farm support payments, including how it reports income, grants, subsidies, and other essential details for farmers. Get the full breakdown on completing this tax document.

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July 12, 2024

RL-16 SLIP: TRUST INCOME

The RL-16 slip reports trust income, including capital gains, dividends, foreign income, and pension payments. Beneficiaries use this slip to complete their personal income tax return. Learn how to fill it out with detailed instructions.

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July 12, 2024

What is RL-18 Slip – Securities Transactions

Learn about the RL-18 slip, filed for reporting securities transactions such as purchases, sales, redemptions, and acquisitions. This slip is crucial for traders, dealers, and individuals involved in securities transactions in Québec.

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July 12, 2024

What is RL-24 Slip – Childcare Expenses

The RL-24 slip is filed by childcare service providers in Québec to report eligible childcare expenses for the tax credit. It includes details on the number of days and weeks of care provided, qualifying and non-qualifying expenses, and necessary identification numbers.

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July 12, 2024

What is RL-14 Slip – Information About a Tax Shelter

The RL-14 slip provides key information about tax shelters, including investor contributions, at-risk adjustments, and eligible gifts. It is filed by promoters to report amounts related to tax shelters in Québec.

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July 12, 2024

What is RL-13 Slip – Ownership Certificate

The RL-13 slip reports interest, dividends, and bonuses received by security owners or sellers in Québec, used for tax purposes when securities are sold, redeemed, or transferred.

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July 12, 2024

RL-19 Slip – Advance Payments of Tax Credits

Understand the RL-19 slip, filed by Revenu Québec, which reports advance payments of various tax credits such as childcare, home-support services for seniors, infertility treatments, and work premiums. Get detailed instructions on how to complete this tax form.

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July 7, 2024

Benefits of Pension-Splitting

Learn how pension-splitting can reduce your tax liability as a married or common-law couple. Discover eligible pension incomes and TaxTron's optimization features.

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July 7, 2024

Claiming A Credit for Adoption Expenses

Learn how to claim a non-refundable credit for adoption expenses in Canada, including eligible fees for agencies, legal costs, travel, and immigration, and how to calculate the credit.

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July 5, 2024

T4A Slip: Box 20 and Box 48

Learn how to report self-employment income on the T4A Slip, including details on Box 20 (commissions) and Box 48 (other self-employment income), and how to handle GST/HST.

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July 1, 2024

Principal Residence Change of Use

Learn about the tax implications of converting your principal residence for income-earning purposes in Canada, including elections to defer deemed disposition and claiming exemptions for capital gains.