first tax return

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Feb 17th 2013 | 5:03 am

#31

PMM

Lost in BE Cyberspace

Joined: May 2004

Posts: 9,707

Re: first tax return

Quote:

Originally Posted by jimf

In this case the PR medicals cost in 2011 just takes the medical expenses up to about $2k so it's not worth doing an adjustment for 2011.

I noticed that one of the options in Turbotax for 2012 is to enter medical expenses incurred in 2011 but not claimed then. Could the PR medical expenses be added to the 2012 tax assessment? (There is already quite a high figure for medical expenses for 2012 - approx $4.3k.)

Yes, but it has to be for only a year period ending in 2012.

Feb 17th 2013 | 5:33 am

#32

jimf

BE Forum Addict

Joined: Apr 2008

Posts: 3,448

From: Calgary

Re: first tax return

Quote:

Originally Posted by PMM

Hi

Yes, but it has to be for only a year period ending in 2012.

So if the PR medical expenses were paid for in october 2011 the 2012 return could only include them if medical expenses generally were only included for Oct 2011 to Sep 2012?

Feb 17th 2013 | 5:47 am

#33

JonboyE

Binned by Muderators

Joined: Jul 2007

Posts: 11,708

From: White Rock BC

Re: first tax return

Quote:

Originally Posted by jimf

So if the PR medical expenses were paid for in october 2011 the 2012 return could only include them if medical expenses generally were only included for Oct 2011 to Sep 2012?

As PMM says, you can chose any 12 month period that ends in 2012. You can't double dip - you can't claim an expense in October 2011 on both your 2011 and 2012 returns.

Feb 17th 2013 | 9:52 am

#34

chiefmissile

Andrew

Joined: May 2012

Posts: 767

Re: first tax return

Quote:

Originally Posted by JonboyE

No, anywhere in the world as long as the doctor is licensed to practice in the country where the medical procedure takes place. However, you can't claim for medical expenses incurred before you become tax-resident in Canada.

Hi,

So can I claim my medical for Canada on my UK tax return while I am still resident in the UK?

Regards

Andrew

Feb 17th 2013 | 9:55 am

#35

JonboyE

Binned by Muderators

Joined: Jul 2007

Posts: 11,708

From: White Rock BC

Re: first tax return

Quote:

Originally Posted by chiefmissile

Hi,

So can I claim my medical for Canada on my UK tax return while I am still resident in the UK?

Regards

Andrew

No, you can't claim expenses incurred before you became tax-resident in Canada. jimf has been here a while.

Feb 17th 2013 | 7:55 pm

#36

gemmab1979

Forum Regular

Joined: Feb 2013

Posts: 133

Re: first tax return

Hi

Sorry to ask what is probably an obvious question but what months does the Canadian tax year run between? I was of the understand its jan to dec? Is this right?

Feb 18th 2013 | 2:09 am

#37

Tangram

Seasoned Maritimer

Joined: Jun 2005

Posts: 8,309

From: Fredericton, New Brunswick CA

Re: first tax return

Quote:

Originally Posted by gemmab1979

Hi

Sorry to ask what is probably an obvious question but what months does the Canadian tax year run between? I was of the understand its jan to dec? Is this right?

Yes, returns are done for employees once you receive your T4(s) and other documentation.