2010 Tax Credits for Canadians - Meals and Travel Deductions for Medical and Moving Expenses ~ Madical Center Tips

Did you know that you can deduct travel expenses, including food, gas and car maintenance, seek medical attention if it is not available within 40 miles of your home?

Did you know that you can write off the cost of moving, including food, gas and car maintenance, the new home in many cases?

Did you know that your private (not public provincial plans such as SMEs), medical and dental plan premiums are eligible medical expense? Thus, glasses and dental work and gluten-free foods for people with celiac disease, to name but a few.

Canada Revenue Agency (CRA) has released its own travel and meal expenses rate for 2010. During the meal, you can keep your receipts and submit a request for full, or you can choose to use the simplified method and argue flat $ 17 per meal, to a maximum of $ 51/per day per person. For car expenses, you can keep detailed receipts for insurance, gas, repairs, total miles driven per year, and then calculate the cost per mile driven in a year. After that would apply to the rate at KMS have raced exclusively on the move damages or medical travel costs. Or, again, the CRA provides a simplified method where you use a flat per mile rate for the province, and multiply it by actual kms traveled for medical or moving expenses. The BC rate is $ 0.52 per kilometer, up $ 0.605 for the Yukon territory. For all provinces, visit the CRA under the flour and vehicle rates to calculate travel expenses.

a lot of people do not realize that they can claim a tax credit for many different and common medical expenses. If you have an "Extended" or private health and dental plan through work, you can apply to premiums paid by you (if not paid by your employer on your behalf, not any public sponsored by the provincial plan, and not any part of the life insurance) zagodine. So, check out his latest Paystub of December - perhaps you paid over $ 1000 just in premiums this year! Other costs are allowable glasses, dental work, hearing aids, prescription drugs, and chiropractor visits - just remember, it's just a portion of expenses not reimbursed. It is easy to read list of allowable medical expenses the CRA website - it's worth a quick check and see if you have the right to ask any of them

Now that I have you all excited, a few things in mind: You can claim expenses for you, your spouse / common-law marriage, and your dependent children 18 or mlađi.Zahtjev must be 3% of its net profits, or 2024 dollars, which is lower. Either spouse can claim, you only need to do the math to see who benefits more. You can ask your expenses for any 12-month period ending in 2010, which were claimed in 2009. So, if you had a bunch of medical expenses in 2009 that you never realized it could be argued, can be requested in 2010, as long as you only claim for twelve months. Your second option is to write the CRA and ask for re-assessment for the previous year, submit necessary documentation. I did this about 4 years ago, after I found out a year later I was able to claim any travel expenses and meals for my daughter a number of eye exams. This is a simple process, and within 6 months I had a little less than $ 300 refunded to me Mr.Revenue Kanadi.Mala but sweet justice for all those long miles spent stuck in traffic ....

for a detailed explanation about claiming medical expenses on line 330 in return, visit the CRA Web site and look at their 2010 General Income Tax and benefits guide - start on page 43 Keep in mind that the additional benefits available to low-income, and for other dependents, such as adult children and other family members. Check instructions for more information.

for moving expenses, the CRA allows you to claim expenses if you moved 40 km or more closer to attend post-secondary school full time, to carry on business, or to be employed. Some of the expenses you can claim that the storage and transportation costs, travel expenses, including food and housing, temporary housing, legal and realty fees if they had to sell your home, the host costs if your home does not sell, utility hook-up and shutdown benefits costs and change your address and driver's license. Again, look at the website of the CRA Line 219 - Moving expenses for a full understanding of the

take a few minutes to look back at 2010 and see if you had any medical expenses or moving expenses that you think you can claim. Ask your tax professional for advice. Go back to ten years and see if you have any claims you make, but were eligible for, and ask for a reassessment. But my favorite sayings is "a request for all reasonable and honest, and let the CRA to tell you what you can not refuse!" The worst thing you can do is say no, and you will not get odbitak.Najbolje what you can do is get more of their hard earned money back in your wallet.