SOMEONE HELP ME VERIFY SOMETHING PRETTY PRETTY PLEASE
4 posters
Page 4 of 4
Page 4 of 4 • 1, 2, 3, 4
Re: SOMEONE HELP ME VERIFY SOMETHING PRETTY PRETTY PLEASE
With my limited knowledge with CRA, we will be taxed on the entire amount. Once the tax is held back the law firm will take their percentage again based on the full amount. From there you keep the rest but you would be able to use the fees charged be the law firm as tax credits when you file your return. For next years tax return we all need have an accountant complete so as we can be assured of as many write offs as possible. May cost a few hundred but will most likely save us thousands.
RCN-Retired- CSAT Member
- Number of posts : 263
Location : Vancouver Island
Registration date : 2012-11-14
SOMEONE HELP ME VERIFY SOMETHING PRETTY PRETTY PLEASE
are my steps correct??
step1 add retro and all interest to get a '' $ amount#1''
step2 subtract lawyer fees 17,83 from '' $ amount#1 '' to give me a new'' $ amount#2''
step3 deduct taxes from ''$ amount#2'' only !!!! and NOT from ''$ amount#1
can someone comfirm my steps are correct especially calculating taxes only AFTER adding all interest and subtract 17.83 lawyer fees...........
can someone please let me know if my steps correct... thanks, mark
step1 add retro and all interest to get a '' $ amount#1''
step2 subtract lawyer fees 17,83 from '' $ amount#1 '' to give me a new'' $ amount#2''
step3 deduct taxes from ''$ amount#2'' only !!!! and NOT from ''$ amount#1
can someone comfirm my steps are correct especially calculating taxes only AFTER adding all interest and subtract 17.83 lawyer fees...........
can someone please let me know if my steps correct... thanks, mark
Last edited by mfors2222 on Sun 13 Jan 2013, 02:16; edited 5 times in total
Guest- Guest
Page 4 of 4 • 1, 2, 3, 4
Similar topics
» Vets will need to verify lost limbs every three years, instead of annually
» Less pretty words, more substantial action needed for military families
» CAN SOMEONE OUT THERE PLEASE ANSWER THESE 2 QUESTION FOR ME PRETTY PLEASE ... 1- do i caculate taxes before or after the 17.83 lawyer fees ? 2- what % fed tax & prov tax can i expect when i calculate taxes on 250 000... ?
» Less pretty words, more substantial action needed for military families
» CAN SOMEONE OUT THERE PLEASE ANSWER THESE 2 QUESTION FOR ME PRETTY PLEASE ... 1- do i caculate taxes before or after the 17.83 lawyer fees ? 2- what % fed tax & prov tax can i expect when i calculate taxes on 250 000... ?
Page 4 of 4
Permissions in this forum:
You cannot reply to topics in this forum