We are pleased to offer tax services to individuals.
To assist in the preparation of individual tax returns, a checklist of what is needed to make sure each gets the best deal they can on their taxes includes:
General Personal Taxes:
- Last year’s Notice of Assessment
- T4 (employees)
- Medical Expenses
Medications
Dental expenses
Physiotherapy, massage, etc.
Health insurance (personal & travel) - Children
Childcare expenses
Camp expenses
RC62 (if you receive Child Care Benefits) - Pension
T4A (pension)
T4 (OAS) (Old Age Security)
T4AP (Canada Pension Pland) - RRSPs
Contribution Receipts
T4RSP (RRSSP Withdrawals)
T4RIF (RRIF Withdrawals) - Investments
T3 (trust/mutual fund income)
T5 (investment income)
Statements of investment purchase and sales - Any other slips you have received
- Property Tax (final, not interim)
Employment Expenses
- T2200 (from your employer)
- Receipts and/or recrods of expenses you want reported
- Vehicle expenses (see following)
Rental Property
- Address
- Number of apartments/units
- Other owners’ SINS and % ownership
- Revenue (rents collected)
- Expenses
Advertising
Insurance
Interest (on loans and accounts)
Office Expenses
Professional Fees
Management Fees
Repairs & Maintenance
Wages & Benefits
Property Taxes
Travel
Utilities
Vehicle Expenses (see below) - Capital Investments
Upgrades (construction)
Major appliances
Vehicle Expenses
Use this for rental, business or employment expenses.
- Make, model and year of vehicle
- Kilometres for business
- Total kilometres for the year
- Fuel expense
- Repairs and maintenance
- Lease payments or loan interest
- Car washes
- Insurance
- License and registration expenses
