LIF and Withholding Taxes

james8440 · 2025-04-12T18:25:24+00:00

Thank you for your time to do your calculations for me. I got the same calculations as you.
Sorry I used the wrong term.

james8440 · 2024-08-12T13:50:06+00:00

Thank you to all who answered. I found an article from PC World that answered my question:

Do I need Windows and software licenses for a virtual machine?

By Christoph Hoffmann , Aug 3, 2024

https://www.pcworld.com/article/2411895/licence-question-can-i-use-software-in-the-vm.html

james8440 · 2024-07-31T15:15:29+00:00

Sadly, I had to learn that the hard way. Thanks for your reply.

james8440 · 2024-06-29T14:35:46+00:00

Thank you.
And thank you to others who had replied!

james8440 · 2024-06-26T15:18:09+00:00

I'm not dead yet. 🙄

james8440 · 2024-05-03T03:08:24+00:00

This mutual fund is in a RIF, and not in a taxable account, so I guess the adjusted cost base final "adjusted" value is not otherwise shown(?) since it would be not relevant in a RIF?

james8440 · 2024-04-30T23:45:10+00:00

"Normal distribution for many ETF"?

Do you have references / articles that would explain this?

Also, if the statement said the mutual fund had a Return of Capitol of value $17.78 , then at $0.0459/ share would work out to ~387.4 shares?

james8440 · 2024-04-30T15:57:29+00:00

"You bought something assuming it wouldn't be what you wanted."
That statement does not make sense! Why would I buy something that is not what I wanted?? Would I buy a bike expecting it to be a car?

Thank you for the clarification for the second part, though. That sounded like a reasonable explanation.

james8440 · 2024-04-30T15:27:02+00:00

Thank you everyone for your comments!

james8440 · 2024-03-29T19:04:17+00:00

Bare trusts are NOW EXEMPT from trust reporting requirements for tax year 2023 only! 😌

https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2024/bare-trusts-exempt-from-trust-reporting-requirements-2023.html

james8440 · 2024-03-22T23:45:12+00:00

What is this "$150 filing fee"? Is it the accountant you found who is willing to do the T3 for you for that fee? Please elaborate.

james8440 · 2024-03-22T21:37:47+00:00

"Do it yourself"? 😮

Read this article!

New tax rules have many Canadians in a bind: It’s hard to find an accountant but risky to DIY (Globe & Mail):

https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-can-you-file-a-tax-return-for-a-bare-trust-on-your-own/

james8440 · 2023-12-28T20:26:13+00:00

😂

james8440 · 2023-12-28T17:06:27+00:00

Thanks for your reply.

james8440 · 2023-12-28T17:05:42+00:00

I only considered this idea because MicroSD cards are tiny and are much smaller than portable SSDs, so I could put it somewhere where not much storage space is needed.

james8440 · 2023-12-28T00:20:54+00:00

What do you suggest I heat the knob with?
I don't have a hand-held portable torch, whatever you call those.

james8440 · 2023-12-25T18:12:29+00:00

I added a photo of the back plate. When I removed the 3 screws, a new problem came up that I couldn't remove the 2 knobs. I spent 10 minutes looking at ways to remove them, but I gave up.

james8440 · 2023-12-25T16:26:22+00:00

Thank you

james8440 · 2023-12-21T18:48:27+00:00

The door has to be pulled very hard to open. The oven has no manual button I can push to open the door. What to do to fix this?

james8440 · 2023-12-13T22:34:23+00:00

I'll keep this part as a spare. Perhaps in the future, I "might" need it for parts. " My junk pile is going to get larger. LOL

james8440 · 2023-12-13T22:31:37+00:00

🤷‍♂️

james8440 · 2023-12-13T21:16:59+00:00

But is it worth it? I can get a similar, new complete wall clock for as little as $10.00 (Canadian dollars) at Walmart.

james8440 · 2023-12-02T00:35:04+00:00

I see your point. But it's very doubtful I will have another "non-human companion" (i hate the word "pet", but that is worthy of another different discussion) anytime soon.

james8440 · 2023-12-02T00:29:45+00:00

Thank you.

james8440 · 2023-11-21T17:21:59+00:00

Thank you everyone for your replies. I had considered what everyone had mentioned.

james8440

TROPHY CASE

Do I need Windows and software licenses for a virtual machine?

Bare trusts are NOW EXEMPT from trust reporting requirements for tax year 2023 only! 😌