INCOME TAX TIME
NEED A BOOKKEEPER/ACCOUNTANT https://www.jswerrybooks.com/
CALL JENNIFER WERRY – BOOKKEEPER AND LEGAL ASSISTANT
2011 Tax Information Checklist
Please check all that apply and keep receipts and information with checklist.
- Personal information about yourself, your spouse and dependents
- Name
- Address
- Birth dates
- Social insurance #
- Email address
- T-slips
- T4 – wages
- T5 – Interest & Dividends
- T5013 – Statement of partnership income
- T600 – Canada Savings Bonds, etc…
- T3 – Trust & mutual fund income
- T4OAS – Old age security
- T4E – Employment insurance
- T4RIF, T4A, T4RSP – Pension and annuity income
- T2202A – Tuition receipts (if transferring, signature and name of designation required)
- Union/ Association Dues
- Notice of Assessment for 2010
- Details of foreign property owned (shares of foreign companies, rental properties, etc…)
- Investments on which interest has been earned, but not received
- Capital dispositions (sale/redemption of mutual funds, sale of shares, real estate)
- Details of rental income earned and expenses
- Details of business income earned and expenses
- Bookkeeping services available
- Child care expenses
- Name, address and social insurance number of daycare provider required
- Children’s fitness receipts and sports club registrations
- Alimony/ child support paid/received during the year
- Name, address and social insurance number of person receiving payments required, and a copy of the separation/ support agreement if not previously submitted
- 2010 income tax instalment receipt – including your December 15th payment
- Property tax OR rent paid on your residence (receipts are imperative for claim)
- Interest on student loan payments
- Health and dental plan costs (self-employed)
- Ontario Senior Homeowners’ Property Tax Grant Notice
OTHER Information Slips
- RRSP Contributions
- UCCB (Universal Child Care Benefit – RC62)
- Charitable Donations (Registered Charities)
- Medical Expenses (certification required for prescriptions, travel over 40 kms, meals, etc…)
Business Use of Home Office
Compile these expenses for a yearly total to be prorated for the use of space in your house to earn business revenue
- Heat
- Hydro
- Mortgage interest
- Property tax
- House insurance
- Telephone and internet
- Repairs and maintenance
Business Use of Vehicle
Compile these expenses for a yearly total to be prorated for the use of your vehicle to earn business revenue
- Car insurance
- Parking
- Gas and oil
- Car/ lease payments with amount of interest if included
- Repairs and maintenance
- KM’S driven for the year total and KM’s driven for the year for business
