Tax Checklists

PERSONAL INCOME Tax Checklists

The income Tax Checklists will assist you in organizing and compiling your income information. Please complete the form and submit it with your information.



CORPORATE INCOME Tax Checklists

The income Tax Checklists will assist you in organizing and compiling your income information. Please complete the form and submit it with your information.



AUTO EXPENSES

This form should be completed if you wish to claim automobile expenses. Such expenses are allowable if your employer requires that you use your car for business and provides you with a T2200 form to allow this deduction or if you use your car for your self-employed business/profession.



HOME EXPENSES

This form should be completed if you wish to claim homes expenses. You are entitled to claim a portion of your home if you have a self-employed business. Please indicate for each item if it relates to a monthly or annual amount.



MOVING EXPENSES

This form should be completed if you wish to claim moving expenses. Moving expenses are deductible if you have to move more than 40 Kilometers to gain employment.



REAL ESTATE RENTALS

The T776 form is to be completed by individuals with rental properties. Please prepare a form for each property you own.



T2125 BUSINESS AND PROFESSIONAL ACTIVITIES

The T2125 form is to be completed by self-employed individuals.



FIXED ASSET ADDITIONS

Complete the Fixed Asset Additions form if you are self-employed and bought equipment during the year such as office equipment, computers, printers and any other major purchase greater than $500. If you purchased an automobile, include the information with the Auto Expenses form.



NET WORTH STATEMENT 

This form will assist you in calculating your personal net worth by subtracting your liabilities from your assets.  Completion of the personal net worth statement could assist you with recognizing personal income tax planning opportunities.