ll20031975

if i put the total amount to the form, it is not the true story, but if i don/t, how much i can put ?


i am really confused by the afe government's tax slip for 2006.

erose

You claimed that your 2005 income return should be $0, because AFE didn't finish your transfer from student loan into bursary before the end of Feb.2006 and you didn't receive any slip from AFE in 2006.

This time you have to claim the 2 in 1 slip for 2005 and 2006 bursaries amount.

ll20031975

u r right. but, if so, that means i claim my 2 yeras income to 1 tax year and my family total income will be over low income level. the result is that i will have due tax to government. but actually, i don't have so much income in 2006. is it fair thing?

if it is fair, does that mean any family in canada also needs to claim 2 year income togather into 2006 tax year?

confused by goverment.

erose

When you finish your income tax return, you will know the result: return or refund?
If your result is the overpayment, you can claim only 2006 bursary amount .
When you attach your slips to revenue Canada and Quebec, please write down
key sentences for your special case on your slips.

uniden

That is a good news for you to claim all busury in 2006 because all busury will be tax-free for 2006 tax return (new budget). Before the busury which is excess of 3000.00 has to be included in your income.

ll20031975

also hope the people who have the same situation have a reasonale solution for the tax slip trouble.

highli007

如果只报一部分助学金收入恐怕不妥，因为剩下的部分什么时候报？你上一年度并没有申报，因为afe没有给你slip.下一年度报？要知道afe给你的slip同时也给了税务局。

ll20031975

u r right. this is a problem.
however, even we did not claim the part of bursary belonging to 2005, we also got a loss such as no claim on child's daycare compensation because total income in 2005 is zero.

and now , in 20006, we have to claim the 2 years income into one year 2006, the total income exceeds the low family incme level, which means we have to pay more tax to government.

comparing to the truth, in 2005, we should have gotten child daycare fee refund(part), but not. in 2006, we should not pay tax(or pay less) because our acutal income in 2006 is lower than the low family income tax level.

according to the true story, how can we do? why we should get a loss just because of the AFE's wrong tax slip? where can we claim our rights?

i think Eros's solution is a reasonable estimate, and the CRA should understand what is that.

hope continue discussion.

highli007

这不是afe的失误，而是他们计算助学金和贷款比例的程序．２００５年，你拿到的钱算贷款，所以不用报收入，afe并未考虑这样对你是否＂有利＂．afe最后确定有一部分贷款不用还，即bursary,要算收入，要报税，afe也未考虑这样对你是否＂有利＂．

ll20031975

the amount should be reasonable for every single tax year. nobody agrees to count total bursuary coverd few years into one tax year.

by the way, in 2005, not all of the full time students did not receive the tax slip. actually, part of students did recieve and also claimed the amount in 2005 tax year. unfortunatelly, some students just like me did not. so, it should be afe's fault or mistake. i mean afe's policy should be consistent for all of the students, otherwise, that means afe did sth wrong.