Tax Time forms filled out by Sisip Ltd
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Re: Tax Time forms filled out by Sisip Ltd
hotdog its an old issue with two different opinions on weather there is penalties ore " the interest portion of the QRLSP calculations" whatever you wish to call them. its been debated many times here including 3 lengthy debates and there seems to be no consciences. however all seem to agree that sending in the form cannot harm you in fact it may help you so SEND IN THE FORM. they will only do the calculations for you both in one year and past years and tell you witch way will benefit you the most.
propat
propat
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Re: Tax Time forms filled out by Sisip Ltd
Hotdog, there is a sticky tax information above, lots of good info there regarding the T1198.
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Re: Tax Time forms filled out by Sisip Ltd
I have been hearing conflicting reports regarding the tax penalties using the T1198 form. Been reading awhile thought you gents may have the scoop?
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Re: Tax Time forms filled out by Sisip Ltd
Yes SISIP will fill out and send you the T1198 form, all you have to do is send it along with your tax return.
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Tax Time forms filled out by Sisip Ltd
Does anyone know if sisip ltd will fill out the required form t1198 ? I have done a lot of looking around and it seems that legally sisip issued us a QLSP , the retro, so legally is required to issue everyone a t1198! I know from CRA we can not fill it out ourselves!
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