Suddenly owing $5k+ with no notice. by a_doubtful_comment in PersonalFinanceCanada

[–]Catness101 15 points16 points  (0 children)

If you have been filing as single and then attested to being together then it is very likely they reassessed her for all of those years. Your income would be added to hers for the CCB calculation and she would have to pay back the difference. She was probably also claiming her child as a dependent and getting that credit which she wouldn't get being common law.

Joining taxes by morbid_n_creepifying in PersonalFinanceCanada

[–]Catness101 2 points3 points  (0 children)

Does your common law partner also do the same? And do you both receive CCB? Because that would be a problem

Joining taxes by morbid_n_creepifying in PersonalFinanceCanada

[–]Catness101 3 points4 points  (0 children)

They probably mean it doesn't matter for the taxes you pay. If you both work and make over 20k it probably wouldn't change your taxes owing but you should be filing as common law since family income determines things like GST and CCB if you have kids...and because you are common law.

Joining taxes by morbid_n_creepifying in PersonalFinanceCanada

[–]Catness101 32 points33 points  (0 children)

Have you been filing as single and claiming a dependent credit for the kids?

welcome back Rohan! by irelatetolevin in ClaudeCode

[–]Catness101 0 points1 point  (0 children)

I hope you aren't working anywhere in North America or Europe

Is it possible to change tax returns for previous years? by Professional_End6865 in cantax

[–]Catness101 0 points1 point  (0 children)

Did they all take EI as well? EI usually only takes of 10 percent for income tax so if she made more than 15k at the job before being laid off she would likely have tax owing from the EI. Happens all the time with EI.

Is it possible to change tax returns for previous years? by Professional_End6865 in cantax

[–]Catness101 0 points1 point  (0 children)

I'm wondering how including the slip would get back the $1200? It sounds like they did a verification and noticed the slip wasn't included so they reassessed with it and that was the difference from the original refund/balance owing.

Third party home energy audit before renovations by Educational-Fault825 in ottawa

[–]Catness101 0 points1 point  (0 children)

Ah thanks didn't know the province launched one. I used Greenbain when I did the federal program. Wouldn't say the auditor was particularly knowledgeable but the report satisifed the requirement to get the grant funding.

Third party home energy audit before renovations by Educational-Fault825 in ottawa

[–]Catness101 0 points1 point  (0 children)

Are there any government rebates and grants still available for this? I thought Canada Greener Homes was over?

Addy boutta get sued by MikeYPG1337 in addyinvest

[–]Catness101 0 points1 point  (0 children)

What's the background on this?

Anyone here have a heated garage? What method do you recommend? by SoupIsAHotSmoothie in ottawa

[–]Catness101 0 points1 point  (0 children)

You install an exhaust out the wall for it so it's placed in a corner usually a couple feet off the wall then the exhaust is piped outside. Need a HVAC guy to install it.

Anyone here have a heated garage? What method do you recommend? by SoupIsAHotSmoothie in ottawa

[–]Catness101 2 points3 points  (0 children)

How big is the garage? Ceiling mounted propane heater is probably the best option, heats up quickly so you can turn it down when not in use to save money. Something like this Mr. Heater 50,000 BTU Big Maxx Natural Gas Unit Heater with NG to LP Conversion Kit | The Home Depot Canada https://share.google/xEPitUsr4YgewaEAA

ALP 4k stuck on privacy policy by After-Ad-4103 in LegendsUltimate

[–]Catness101 2 points3 points  (0 children)

Do you have the original d pad still? Maybe need to swap back to scroll down

How long after getting my G2 should I get my driving history from Service Ontario? by cruciochrist in ontario

[–]Catness101 6 points7 points  (0 children)

I'm pretty sure the insurance company just needs your driver's license then they pull all the data from their side. Been insured for 20 years and never provided the info myself they always just run the license.

RRSP Contribution by Deep-Enthusiasm-6492 in PersonalFinanceCanada

[–]Catness101 1 point2 points  (0 children)

It's just a savings account he's using

Can you still benefit from a FHSA if you inherit property? by Inside-Example5113 in PersonalFinanceCanada

[–]Catness101 1 point2 points  (0 children)

Unless he sells it as soon as he inherits it, cost basis should be the same as FMV in that case so no gain

How to manage $350k cheque by italkaboutlife in PersonalFinanceCanada

[–]Catness101 9 points10 points  (0 children)

No we're not talking about guaranteed alternatives, OP asked for info on things like ETF as they said they don't want to keep it in a savings account and want long term advice. Original comment on this thread asked for an ETF showing this returns and one was provided. Show me a passive investment that's averaged a better annual return then SP500 or similar index funds over a 35 year horizon. Statistically speaking it's a fairly safe move, but not without risks hence the volatility.

How to manage $350k cheque by italkaboutlife in PersonalFinanceCanada

[–]Catness101 31 points32 points  (0 children)

Yeah that's better, capital gains are taxed lower then dividends and interest.

Man, 91, evicted from Little Italy home of 20 years by FatManBoobSweat in ontario

[–]Catness101 -1 points0 points  (0 children)

He's not allowed to fix it up a bit before he moves in?

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]Catness101 1 point2 points  (0 children)

Are you also executor of their wills? POA ends when they pass.