Yay, got my T5007 form.

[dennilfloss]

Now I can do my income tax and see how much I'll get in return for my computer upgrade. Income for 2007 was $11582. Taxes paid= $0 (my income is nontaxable).

 

[Cattlegod]

how is your income non taxable?

 

[Pepsi90919]

weren't you banned

 

[FP]

You live on $11k a year? Impressive. How can you justify spending ~10% of your annual income on a computer?

Oh and how do you get a refund if you paid $0 in taxes?

 

[zanejohnson]

Originally posted by: binister
You live on $11k a year? Impressive. How can you justify spending ~10% of your annual income on a computer?

Oh and how do you get a refund if you paid $0 in taxes?

must have a good cpa handle his taxes, or ALOT of dependants.....

i dont pay taxes all through the year, and this year i ended up with a small refund... (having a daughter+owning your own (low income business) = alot of credits, loopholes, write-offs....

 

[homercles337]

T5007

Are you from the future?

 

[QurazyQuisp]

Originally posted by: homercles337
T5007

Are you from the future?

He is from Canada, I believe. So to answer your question, yes. (assuming that Canada is the future, which is not very likely.)

 

[dennilfloss]

I do my own taxes. Provincial disabilty is a nontaxable income. And I get a return because of the rent I pay and the provincial tax credit this give me. As far as dependants, I have none, don't drink, don't smoke, no car, go see maybe one movie per year, don't go to restaurants or clubs. So I manage.