Personal tax return guide. 2021 taxation year

Ideias, Paula. (Author). Carswell (Firm) (Added Author).

Summary: "Provides line-by-line instructions to assist readers in completing and filing the 2020 Canadian T1 Personal Income Tax and Benefit Return. The Guide is laid out in an easy to follow line-by-line format, with separate analysis and reporting instructions for each line of the tax return. There is a reference section for each line of the tax return listing the related sections of the Income Tax Act, Income Tax Regulations, and relevant Canada Revenue Agency publications, including Interpretation Bulletins, Information Circulars, Income Tax Technical News, Income Tax Folio Views, tax forms, tax guides and pamphlets. In addition, there are various Quick Reference Tables throughout the Guide to provide readers with fast and easy answers on a variety of personal tax return preparation topics. There are also helpful tax tips included throughout the Guide to provide readers with additional tax planning information. This edition of the Guide has been updated to reflect legislative and administrative developments since the last edition, including 2021 federal and provincial budget and economic statement measures, draft legislation, and the latest court cases and government publications."--Provided by publisher.

Record details

ISBN: 9781668703274 (pbk.)
ISSN: 1926-402X
Physical Description: xxxi, 934 pages ; 28 cm.
print
Publisher: Toronto : Thomson Reuters Canada, [2022]
Copyright: ©2022

Content descriptions

General Note:

At head of title: Carswell

Includes index: p. 915-934.

"Reflecting developments to December 31, 2021 (unless otherwise noted)"--Title page.

Formatted Contents Note:

Personal tax filing and payment requirements -- Employment income and deductions -- Dividend, interest, and other investment income -- Capital gains and losses -- Rental income -- Business and professional income -- Depreciation, amortization, and resource deductions -- Pensions and other income -- Other deductions -- Federal non-refundable tax credits -- Calculation of net federal tax -- Provincial and territorial taxes and credits -- Completing the Québec income tax return -- Assessments, audits, and avoidance rules -- Canadian taxation of non-residents and deemed residents -- Tax planning, registered plans, and U.S. tax considerations -- Appendix A: Medical expense credit quick reference table -- Appendix B: Tax reference tables.