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New to Canada 2 min
The $100,000 foreign-property test is not an income exemption
Check the combined cost of specified foreign property and keep income reporting separate from the T1135 filing test.
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Jobs & employment 2 min
Your employer paid it back. Can you still deduct it?
Distinguish an actual-cost reimbursement from an allowance before deciding how an employment expense belongs in your tax file.
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New to Canada 2 min
Samira cannot use every TFSA year since she turned 18
Start with years of Canadian tax residency and age eligibility, then subtract actual contributions across all TFSAs.
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Homes & rentals 2 min
Last month's rent is not a damage fund
Identify what a deposit is for, track its application and keep it separate from ordinary monthly rent in the ledger.
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New to Canada 2 min
Before leaving Canada, save the records you cannot recreate easily
Prepare a departure file covering residential ties, dated asset values, income periods and Canadian account notifications.
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Family & everyday life 3 min
The work premium starts with the household numbers
Check the income and family information behind Quebec's work premium, then reconcile any advances without counting the credit twice.
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