Sale of principal residence:
Did you sell your home???
You will need to report the following:
Residential address of house, year of purchase, selling price. No other information is required.
Canada child benefit:
The CCB is a tax-free monthly payment made to eligible families to help them with the cost of raising children under the age of 18. It replaces the Canada child tax benefit, national child benefit supplement and the universal child care benefit. As this benefit is now completely tax free, you no longer have to submit a RC62 tax slip (as in previous years). No tax slip will be issued for these child benefits.
Child fitness and arts tax credits:
The federal government has ended these tax credits. Therefore, you no longer need to gather and submit receipts.
This is for information purposes only and subject to change. Misfeldt Accounting is not liable for any misinterpretation of information.