Archives: Questions

Question

Will REFILE correct an incorrect NOA from year 2022? Since it’s beyond the normal 3 years period?

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Wrongly claimed OEPTC for 5 years. How do I fix this now? (Related to Ontario Trillium Benefits)

I used to live with my parents. I did not own the house. They used to own the house and pay Property tax on it. Suppose the property tax was – $ 3,000. They would show property tax as $ 2,000 on their return and I would show $1,000 on my return. So as a … Continue reading Wrongly claimed OEPTC for 5 years. How do I fix this now? (Related to Ontario Trillium Benefits)

Which address should I mail my documents to? To fix my residency status?

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Where should I mail the documents to CRA? To fix residency issues?

My province of residence before departure in 2021 was ONTARIO. Currently I am a non resident living abroad. But never filed a Departure or Emigrant return. (See details below) Where should I mail my Cover letter and supporting documents to fix it. I don’t want to mail it to the wrong address! Which tax center … Continue reading Where should I mail the documents to CRA? To fix residency issues?

Tax and Contracting Considerations for US Citizen Living in Canada, Working for US Company

Hello, I’m a US citizen currently residing in Canada as a Canadian permanent resident. I work full-time remotely for a US-based company on a W2 employment basis, but I’m considering transitioning to a contractor role with the same company. I would appreciate your advice on the following: Tax Implications: – Currently, I pay FICA taxes … Continue reading Tax and Contracting Considerations for US Citizen Living in Canada, Working for US Company

Left Canada in May 2021 – Did not file a Departure date and Emigrant return. How do I rectify this now?

1. Left Canada in May 2021, did not file a Departure date or Emigrant return with CRA. 2. Been wrongly filing as a Resident since then. 2021, 2022, 2023 and 2024. When I was actually a non resident. All these 4 returns were assessed as Resident with no taxes owed. But I should have never … Continue reading Left Canada in May 2021 – Did not file a Departure date and Emigrant return. How do I rectify this now?

RRSP Withdrawal

My sister has a 100,000. RRSP. She has only 2 months to live. She is on disability. Is there a difference if she takes out her RRSP now or wait till after her death if she is leaving her RRSP to her son. I feel like the tax implication would be the same.

Non Resident of Canada. Savings Bank Account in Canada. Do I have to keep on filing a tax return in Canada?

I left Canada and filed an EMIGRANT return with departure date etc. Now I am officially a Non Resident of Canada for tax purposes. I only have a Savings bank account in Canada. I have informed the bank also that I am a non resident and updated my foreign address. So instead of a T5 … Continue reading Non Resident of Canada. Savings Bank Account in Canada. Do I have to keep on filing a tax return in Canada?

Any benefit or requirement to file a T1?

I am a citizen and became a non-resident living in Japan in 2020. All income received in Japan but I will be closing on an investment property in Canada this year. Mortgage brokers have requested a T1 as part of one of my applications as a requirement for proof of income. Is there any benefit … Continue reading Any benefit or requirement to file a T1?

approximate cost of filing for non resident status- Canada

I am a retired medical doctor (2023) and am considering filing for non residency from Canada–am currently living (snowbird PT) in Mexico. I have my PR status in Mexico. No income in Mexico Only income in Canada is RRSP, OAS and CPP with some non registered investments. I would like to know the approximate cost … Continue reading approximate cost of filing for non resident status- Canada

Non Resident but Citizen of Canada Selling house in Canada after leaving canada.

I left Canada in January, 2024. I have a house in Canada which was my Principal Residence for all the years, I lived in Canada. It was owner occupied by me & never rented by me. Now in May, 2025 almost 1.5 years later, I want to sell my house in Canada as a Non … Continue reading Non Resident but Citizen of Canada Selling house in Canada after leaving canada.

Foreign Property (House) Sold by Canadian Resident – Capital Gains Tax?

If you are renting in Canada and do not own a house in Canada.Live in a rental apartment, not ownership house. But you have an overseas personal use apartment. (Not rental) If you sell that overseas apartment, do you get Principal Residence Exemption on it? Can you designate the overseas house as Principal Residence? If … Continue reading Foreign Property (House) Sold by Canadian Resident – Capital Gains Tax?

NR73 Form, Cover letter and T1-Adustment Form. Can you upload it on My CRA Account or Do you have to mail it in?

Left Canada in 2021. Did not file an EMIGRANT return with Departure date. 2021,2022,2023 & 2024, I have been filing as a Resident when I was a non resident. I need to correct this. I have to send a NR73 form which will confirm my non residency to CRA from 2021 onwards. Plus I have … Continue reading NR73 Form, Cover letter and T1-Adustment Form. Can you upload it on My CRA Account or Do you have to mail it in?

GIS stopped by me. But CRA reassessed NOA says GIS paid!

CRA Automatic but wrong Reassessment Notice : We changed your net federal supplement payments from $0 to $8,100 to agree with the amounts Service Canada reported. (This is wrong as no GIS was received by me in 2022) We allowed you $8,100 as the other payments deduction. (What does this mean) We may have also … Continue reading GIS stopped by me. But CRA reassessed NOA says GIS paid!

Parents and I have Joint Savings bank accounts + Single accounts. Lot of internal transfers amongst each account.

We have done lot of internal money transfers between my Single savings account, my parents Single savings account and our Joint Bank savings accounts. We have lost track of who the original money belongs to. As this has been going on for 10-15 years. We have combined finances. At the end of the year when … Continue reading Parents and I have Joint Savings bank accounts + Single accounts. Lot of internal transfers amongst each account.

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