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Canada Immigration Forum
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Working in Canada Topics
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Canadian Finance and Taxation
> Topic:
Tax Deductions and Credits Often Overlooked
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Topic: Tax Deductions and Credits Often Overlooked (Read 389 times)
tran
Hero Member
Posts: 340
Ratings: +10
Tax Deductions and Credits Often Overlooked
«
on:
April 13, 2011, 11:19:22 pm »
http://www.walletpop.ca/2011/04/12/tax-deductions-and-credits-often-overlooked/?icid=main%7Ccanada-toshiba%7Cdl5%7Csec2_lnk1%7C209586
Transit Passes
If you buy monthly transit passes, keep them handy when you fill out your return – the amount you spend is now another tax credit.
Can we claim 100% for the monthly transit passes?
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Baloo
VIP Member
Posts: 4946
Ratings: +192
Re: Tax Deductions and Credits Often Overlooked
«
Reply #1 on:
April 14, 2011, 03:56:41 am »
Line 364.
"You can claim the total amount paid for public transit passes, or for the cost of passes for multiple transit systems for 2010.
This includes the cost of monthly passes or of longer duration such as an annual pass for travel on public transit."
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Hoping for an immigration stream for everyone with this tattoo on their thigh
I provide opinions drawn from experience - I am not a lawyer. Questions? - Check Immipedia
http://immipedia.ca
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Canada Immigration Forum
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Working in Canada Topics
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Canadian Finance and Taxation
> Topic:
Tax Deductions and Credits Often Overlooked
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