Lebelle Tax & Financial Planning Services
429 Exmouth St., Suite 200 N7T 5P1 Sarnia, ON, Canada
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General Information
Locality: Sarnia, Ontario
Phone: +1 226-932-6997
Address: 429 Exmouth St., Suite 200 N7T 5P1 Sarnia, ON, Canada
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BEWARE of CRA Scammers! https://www.canada.ca//transcript-beware-scammers-posing-c
Did you know that you now have to disclose the sale of your principal residence on your tax return? Before 2016, if you sold your property, and it was your principal residence for every year you owned it, you did not have to report the sale to claim the principal residence exemption. However, on October 3, 2016 the federal government announced that, starting with the 2016 tax year, the sale of a principal residence must be reported on Schedule 3 of the tax return, in order t...o claim the principal residence exemption. Click on the link to see what’s required. https://www.canada.ca///sale-your-principal-residence.html
Did you purchase your first home in 2017? If so, you may be entitled to claim the Home Buyer’s Amount of $5,000 on the purchase of a qualifying home. https://www.canada.ca//de/line-369-home-buyers-amount.html
A frequently missed deduction: Interest paid on your student loans. Don’t miss out: https://www.canada.ca//line-319-interest-paid-on-your-stud
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