Tag: ccra

TD1 Form – No Child Amount for 2015 Canada Revenue Agency provides employers with TD1 Personal Tax Credits Return forms, both federal and provincial.  Employees and pensioners complete the federal form, indicating which non-refundable tax credits they can claim.  If more… {Read more}

Are you eligible for the caregiver amount If you have a parent or grandparent over the age of 65 living with you, even if they are not your dependent you could be eligible for the caregiver amount, depending on their… {Read more}

Claim your eligible tuition fees Tuition fees paid to attend your post-secondary educational institution for the tax year in question may be claimed. Enter the tuition amount on line 320 of Schedule 11, Tuition, Education, and Textbook Amounts.

Claim the interest paid on your student loans You may be able to claim an amount for the interest paid on your student loan in 2014 for post-secondary education. You can also claim interest paid over the last five years… {Read more}

GST/HST credit If you are turning 19 before April 1, 2015, you may be eligible for the GST/HST credit. The CRA will determine your eligibility when you file your 2014 income tax and benefit return and will send you a notice of determination… {Read more}

Claim your child care expenses If you pay someone to look after your child while you go to school, you may be able to deduct child care expenses.  The deduction will vary depending on whether the student is enrolled in… {Read more}