tag:blogger.com,1999:blog-5465015914589377788.post8589408140526527226..comments2024-02-17T11:07:06.232-05:00Comments on Michael James on Money: Entering Useless Information on Your Tax ReturnMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5465015914589377788.post-62070131771227519852020-11-01T23:13:07.067-05:002020-11-01T23:13:07.067-05:00The comment above is a reply to Canadian Capitalis...The comment above is a reply to Canadian Capitalist's comment:<br /><br />Not to mention, these rules are being tweaked all the time. So, just because a credit or deduction wasn't available last year doesn't mean it's not available this year. It's a pain to keep up changes to the tax code but that goes with the territory of DIYing your taxes.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-15632573131755084652011-04-09T17:50:05.950-04:002011-04-09T17:50:05.950-04:00Darn, Michael, when I clicked over I was somehow h...Darn, Michael, when I clicked over I was somehow hoping this post would be about legally putting gibberish on your tax return just to mess with The Powers That Be.<br /><br />Then again, maybe you guys can get away with that sort of stuff up there in the Great White North...Jr Deputy Accountanthttps://www.blogger.com/profile/12886649539758133191noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-80125490302930835902011-04-06T21:55:14.308-04:002011-04-06T21:55:14.308-04:00We always enter medical expenses and we enter each...We always enter medical expenses and we enter each slip rather than the total for the year. This let's us optimize for the 12 month period which isn't always the calendar year. Also for seniors we enter them since in the year you die you can claim 2 years of medical expenses and by entering them we always have the prior year to carry over automatically.Susan Mladenovichnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-68702412090503215132011-04-06T14:53:48.240-04:002011-04-06T14:53:48.240-04:00It is fairly painless indeed. I always do it. It...It is fairly painless indeed. I always do it. It only takes a couple extra minutes.My Own Advisorhttp://myownadvisor.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-14257229485450010702011-04-05T16:21:12.240-04:002011-04-05T16:21:12.240-04:00@Anonymous: When I wrote the post I checked 4 pro...@Anonymous: When I wrote the post I checked 4 provinces and all had a property tax credit, but according to a few comments I found online, BC doesn't seem to have such a credit. I'd suggest looking for a more definitive source.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-39508617962425570782011-04-05T16:15:35.840-04:002011-04-05T16:15:35.840-04:00I live in BC, I just did our income tax using ufil...I live in BC, I just did our income tax using ufile. I did not see this property tax deduction ? is this applicable to BC or just a certain province ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-11618554177263894832011-04-05T12:37:18.154-04:002011-04-05T12:37:18.154-04:00@Gene: The small interest amounts can be an annoy...@Gene: The small interest amounts can be an annoyance. At some point it doesn't make sense to spend time tracking down information that changes tax owing by only a dollar or two.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-12750010131784327992011-04-05T12:34:33.673-04:002011-04-05T12:34:33.673-04:00The thing that gets me is whether to include inter...The thing that gets me is whether to include interest from bank accounts. Sometimes it's $0.06 or $1.32. There's an account my wife has that I can't find the paperwork for. I'm debating whether to just claim a conservatively large amount or ignore it.genehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-82388748552741558542011-04-05T11:55:23.335-04:002011-04-05T11:55:23.335-04:00@CC: Agreed. That's why I enter all informat...@CC: Agreed. That's why I enter all information even if it probably isn't going to affect the bottom line on my return.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.com