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Peter Kupovics, CPA, CMA, MBA

    • Home
    • Why Us?
      • Back
      • Our Value
      • Our Approach
      • Our Guarantees & Offers
      • Our Philosophy
      • Our Strengths
    • About Us
      • Back
      • About Us
      • How Are We Different?
      • Our Core Values
      • Business Health Check
    • Services
      • Back
      • All Services
      • Accounting, HST, and WSIB
      • Taxes, Tax Planning, and Tax Advice
      • Financial Statements and Business Advice
      • Reality Check
      • Payroll
      • Accounting Software
    • FAQs
    • 2024 Automobile Deduction
    • About Our Clients
      • Back
      • Our Ideal Client
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    • Contact Us

Common Filing Errors – Public Transit

By Peter Kupovics on April 2, 2014 Comment BubbleLeave a comment

Daily passes or tickets are not eligible. Passes of less than a month in duration are only eligible if they entitled you to unlimited travel for an uninterrupted period of at least 5 days and you purchased enough of these passes to entitle you to unlimited travel for at least 20 days in any 28-day period.  canstock public transpo

If supporting documents are requested, submitted passes should indicate the duration of the pass, the date or period for which the pass is valid, the name of the transit authority or organization issuing the pass, the amount paid, and the identity of the rider either by name or unique identifier.

If using ‘smart’ cards or similar electronic passes, it will be necessary to submit documents from the transit authority indicating the name of the rider, the number of separate 31-day periods during which at least 32 one-way trips were taken and the amount paid with respect to transit services used during those periods of time.

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