Home accessibility tax credit Tax on RESPs and RDSPs Tax installment payments Age amount Income, credits, and deductions not listed above are not covered by TurboTax Free, including: Employment expenses (meals, lodging, etc.) Donations Medical expenses ...
This could cover things such as medical expenses, trip cancellation, lost luggage, and more. No foreign transaction fees. Many credit cards charge a 2.5% fee when you make a purchase in any currency that’s not Canadian dollars. You simply pay the straight exchange rate if your card has ...
Beginner’s guide to credit cards in Canada A credit card is part of daily life for many Canadians. Using your card to pay for purchases can be more convenient than using cash. Plus, with the best credit cards, you can manage your expenses and earn rewards at the same time. How credit...
Child Disability Tax Credit Guide Caring for an Impaired Child is Emotionally, Physically, and Financially Challenging. The Child Disability Tax Credit Helps Families by Offsetting Expenses like Medical Bills and Special Education Programs. However, Approval is Difficult, and Many Families are Left Behin...
Urgent medical issues, car repairs and storm damage to a roof or basement are just a few examples of sudden costs that your credit card may not be able to cover. An emergency fund can also provide a lifeline if you or someone in your family loses a job and your household’s income ...
Canada Land Transfer Tax Calculators Quickly estimate how much you pay in land transfer taxes when you buy a new home in any province or territory. Canada Closing Costs Calculator Create a more accurate home buying budget by estimating your closing costs — the one-time, upfront expenses you...
Attendant care servicesAs medical expenses when disability amount is being claimed: $14,066 (ON) $28,130 year of death If eligible for disability amount but not being claimed: Unlimited (ON) Full time attendant care: Individual DTC eligible;or ...
The sooner you start investing, the more time your money can have to grow. One example of this is compound interest which allows you to earn interest not just on what you put in, but also on the interest earned over time. Check out our compound interest calculator to see how it works....
Have you ever wondered what inheritance tax is? Or whether your moving expenses are tax deductible? Get answers to those and other common tax questions. Sandra MacGregor Provincial Income Tax Rates in Canada Canadians pay provincial taxes in addition to federal taxes. Your provincial income tax...
Any funds borrowed through a reverse mortgage are tax-free, so it’s a potential way for older Canadians to use their home equity to pay off debt, cover medical expenses, pay for renovations and more. However, it’s important to consider the pros and cons of reverse mortgages before signin...