Yay, got my T5007 form.

FP

Diamond Member
Feb 24, 2005
4,570
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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

Diamond Member
Nov 29, 2002
7,054
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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....
 

QurazyQuisp

Platinum Member
Feb 5, 2003
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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

Past Lifer 1957-2014 In Memoriam
Oct 21, 1999
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dennilfloss.blogspot.com
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.:)