4/11/2016

Tax Refunds

Posted by with 4 comments | in ,
It took some time, but I finally got our tax returns prepped and submitted.  This year was a bit more complicated than others because we were able to make a claim for moving expenses.

The tricky part though, is that Jordan moved for work in 2015, but the house didn't sell until 2016 - so we have to split the expenses across two tax years.  I'm using TurboTax again this year, but needed to spend some time on the phone with the CRA before I felt comfortable going forward.

I have a sizeable spreadsheet and a pile of receipts that document things as much as possible.  Fingers crossed I did it correctly as I've read that moving expenses often prompt CRA to ask for more information or even to audit.

We're looking at a refund of around $4,000!  Woohoo!
Do you have a refund coming your way?  Have you already received it?


Related Posts:

  • Tax Time! I love tax time. I've just gone through and triple checked and then submitted our tax returns.  We use TurboTax - for under $30 at Costco, it makes filing sooo easy. I used to do our taxes by hand first, and then us… Read More
  • Income TaxWho's excited to file their income taxes this year? I am! In fact, I've already done a 'dry run' and come up with a net return of about $1,000 (just for me, not including J).  Now I just have to wait for my T… Read More
  • Property TaxesUp until today, we have been going on the assumption that our property taxes would be about $2,000/year - this is based on what our builder had been telling as about property in the area - so our budget has reflected a monthl… Read More
  • Taxes! Do Them!It boggles my mind how many people don't keep their taxes up to date; especially when they have super standard; nothing to write home about taxes to complete.  We're talking a T4, maybe 2 and an RRSP or school deduction.… Read More
  • Tax Time! As soon as January rolls around, I started to get excited for tax season.  I picked up a copy of TurboTax from Costco for $28 on an awesome sale and we got our taxes finished and submitted during the first week of Marc… Read More

4 comments:

  1. Live and Learn11 April 2016 at 20:43

    We got a federal refund and had to pay the state. I'm sure you can find a good use for your refund when it comes.

    ReplyDelete
    Replies
    1. Jessie's Money12 April 2016 at 13:49

      Hopefully your refund took care of what you had to pay the state.

      Delete
  2. Catwoman7312 April 2016 at 04:35

    Yup! We got our refund about a month ago. It was about the same as what you are expecting. The money went partially to savings, and partially to various expenses that pop up in the early months of each year for us. It's always nice to get money back!

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Subscribe to: Post Comments (Atom)

Links ♥

Followers