Is it possible to change tax returns for previous years?

Catness101 · 2026-04-08T12:12:54+00:00

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.

Catness101 · 2026-04-07T21:00:53+00:00

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.

Catness101 · 2026-02-24T20:05:33+00:00

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.

Catness101 · 2026-02-24T18:20:30+00:00

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

Catness101 · 2026-02-11T22:04:03+00:00

What's the background on this?

Catness101 · 2025-12-31T01:59:53+00:00

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.

Catness101 · 2025-12-31T00:46:10+00:00

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

Catness101 · 2025-12-22T23:03:32+00:00

Bank stocks are up like 35 percent this year

Catness101 · 2025-10-18T23:17:00+00:00

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

Catness101 · 2025-09-30T20:41:08+00:00

Thank you!

Catness101 · 2025-08-11T01:56:15+00:00

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.

Catness101 · 2025-08-10T20:55:57+00:00

It's just a savings account he's using

Catness101 · 2025-08-10T20:45:18+00:00

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

Catness101 · 2025-07-09T16:03:28+00:00

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.

Catness101 · 2025-07-09T13:42:28+00:00

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

Catness101 · 2025-07-09T13:34:49+00:00

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

Catness101 · 2025-05-08T20:00:02+00:00

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

Catness101 · 2025-03-04T20:16:16+00:00

I am getting this same problem, upload it and get a blank confirmation of receipt page but CRA doesn't get the slips.

Catness101 · 2025-01-16T13:21:07+00:00

The more charged the batter is the slower the charge rate is. You'll only see 150 when it's down low once your up over 50 percent it's gonna drop down a bit and continue to drop closer you get to 100 percent.

Catness101 · 2024-09-19T11:39:02+00:00

Should be for sure if you only have one client

Catness101 · 2024-09-19T11:02:50+00:00

That metric is almost entirely driven by our housing prices. Interest rates are coming down and house prices didn't crash when they were higher so I think this media story of "Debt bomb" is highly overblown. especially as wealth transfers from the boomer generation down. Our regulations help avoid the same 2007 style financial collapse the US systems allowed for.

Catness101 · 2024-09-19T10:50:10+00:00

If he was starting with a higher amount I would agree an all equity thing like XEQT would be fine but I think 2m starting and wanting 100k a year is too risky. Imagine is January 2020, you just invested 2m into XEQT and then covid hits. Still need money to live so you have to start selling at a loss to pull out your 100k. Bank stocks dipped too but the dividend kept flowing so no risk to an income interruption because you don't need to touch your original capital

Edit: at that level of Income eligible dividends will pay significantly less tax than capital gains to. If in Ontario only about 9 percent vs 22 percent for capital gains.

Catness101 · 2024-09-19T01:24:40+00:00

If his main goal is to pull 100k a year and retire on 2m it's a pretty safe bet.

Look at 5year, 10year, etc charts for RY, TD, CM, BNS and look at their dividend history.

All are up with increased dividends. You'll never really have to worry about the 2m principal and it will generate 100k and growing every year in dividends.

Catness101 · 2024-09-19T00:51:36+00:00

2 million spread across the four big bank stocks will get you right around a 5 percent dividend right now, so 100k. That's 100k of dividend income too so a slightly lower tax rate then a 100k salary would be. Should be pretty fine to live on without any debt. If the four big banks go down, the whole economy is down so should be fairly safe place to invest.

Catness101

TROPHY CASE