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Tax Season

randomuser
edited February 2009 in General
Has anyone else computed theirs yet?

I went to quicktax and just typed in all my stuff, and I'm getting 1100 back in spite of only paying 600$ in income tax on 40k income :teeth:

Comments

  • DaNoobie
    edited January 2009
    you made $40k? irjealous
  • siuying
    edited January 2009
    holy.. you rich ass girl.. o.O"
  • lazyGUY
    edited January 2009
    i have 60 dollars in my account :(
    can i get a loan please
  • IVTIVT
    edited January 2009
    lazyGUY;46240 said:
    i have 60 dollars in my account :(
    can i get a bailout please
    fyp
  • NukeChem
    edited January 2009
    Why pay money?

    http://pacificcoast.net/~gthompson/

    The only catch is, with that program you need to do your taxes on dead trees. *shrug* I'm a cheap bastard like that and I get free printing at work. :tongue:
  • randomuser
    edited January 2009
    I didnt pay any money...I just used quicktax to calculate my amounts, CFS provides a free code for another program you can use for free on the internet, quickfile i think...?
  • vonnie
    edited January 2009
    My mom does my taxes.
  • Simon604
    edited January 2009
    Wow, it's been a year already!? I usually just go to H&R Block... they have a flat rate student deal and they give you cash back right away in the form of a debit card. What more can you ask for

    And hey RandomUser, how are you getting back more than you paid out? Are you sure your doing it right :P
  • randomuser
    edited January 2009
    Theres a lot of deductions I used:

    I've gone to school fulltime every semester last year, which is about 6000+ in tuition credits, + full textbook credit for each semester.

    I also had some cosmetic work on my teeth which I'm able to deduct as a rather large medical expense as it had some medical relevance to my bite.

    Before I entered all of my deductions, I actually owed them 2,500.00...
  • Peter
    edited January 2009
    randomuser;46250 said:
    I didnt pay any money...I just used quicktax to calculate my amounts, CFS provides a free code for another program you can use for free on the internet, quickfile i think...?
    That would be U-File.

    Based on my preliminary return, I might be getting back $2500. I need to wait for some T4s to come in though for confirmation.
  • DaNoobie
    edited January 2009
    I did mine @ H&R last year too. No taxes yay!
  • lemontree
    edited February 2009
    how the heck to you do taxes? I've never done mine :| but i want to try and do them this year
  • randomuser
    edited February 2009
    Gather all your receipts, your T4 and T220A or any other relevant details.

    Get a paper return form and fill it out entering the amounts in the boxes, or do it online entering numbers in the fields.

    Or bring it to a professional if you feel like it.
  • Shi2
    edited February 2009
    I thought there was a place at MBC where someone can do it for us for free.
  • Guest1
    edited February 2009
    Why can't I access my T2202A data on go.sfu? It says i'm not authorized to access the page.

    This is my first time doing taxes... well, I'm just collecting all the info to give to my mom. Do I just need to print out the T2202A data? Or do I print out account summary as well?

    I didn't keep some of my reciepts for my textbooks (didn't I need to until now...) is there any other way to prove that I bought them? I think think think I purchased them through debit... but this was last semester.
  • Student0667
    edited February 2009
    summerheaven;48475 said:
    Why can't I access my T2202A data on go.sfu? It says i'm not authorized to access the page.
    Same here. It must be some sort of computer glitch. When I am heading to MBC to get the Confirmation of Enrollment Form tomorrow, or as my dad calls it "the letter thing that proves that I am studying in SFU right now" document, I will inform them of the T2202A glitch.
    summerheaven;48475 said:
    This is my first time doing taxes... well, I'm just collecting all the info to give to my mom. Do I just need to print out the T2202A data? Or do I print out account summary as well?
    When I was doing my tax last year, my dad's accountant/ broker/ financial consultant buddy had me print out the T2202A data form. He didn't ask for the account summary. If I recall, the T2202A data form pretty much have everything the government need to tally your tax.

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