ch_1001

T2202A is issued by the employer/boss???  :confused:  Oh My God!

Post by needlaurel;2959654
现在回答问题，如果你想要用学费抵税的话，必须要有联邦的T2202A以及魁省的Releve8的报税单据，这是规定！你问问你老板会不会给你

needlaurel

那种单据当然只能学校出啦，我是说你老板是不是可以让学校给你出。

Post by ch_1001;2959849
T2202A is issued by the employer/boss??? :confused: Oh My God!

VVMM

CRA刚刚来了一封信让我提供学费的证明，接受的文件有：T2202,T2202A,TL11A/B/C
学校应该会给你这个单子，有T2202, 除了500$, 你还可以报education & textbook amounts (col B/C)

VVMM

你的答案太教条了，楼主不用考虑那么是不是要报这个400，只要看他的公司发给的T4有没有这个400元就可以了。

Post by John_molson2003;2948102
You response stimulated my curiosity. Although I am notworking in tax department of my firm anymore, I considered my answers should beat least 80% right even without checking the Income Tax Act or material fromCRA. Since you are saying I am totally wrong, I decided to spend some time todo research and answer your question in detail.

lovelytito

蒙城小曹 ??
Cao Zhi Huan?

John_molson2003

Post by VVMM;2960443
你的答案太教条了，楼主不用考虑那么是不是要报这个400，只要看他的公司发给的T4有没有这个400元就可以了。

If she (assume Louzhu is a female) is my client, this is the first concern I will raise to her.

1. From my previous analysis, it is clear that how much she can deduct as tuition fee will depend on whether the $400 should be included in her income or not.

2. When my client raises her question to me, I cannot make an assumption that her employer's accountant is competive enough to know under which condition the $400 should be included in T4. In the past, I spoted similiar mistakes in some of my client's T4.

3. If her employer's accountant made a mistake and failed to include $400 in the T4 when it should be included, and her file was audited by CRA after 3 years, the CRA will give her penalty and interest no matter the mistake was made by my client herself or her employer's accountant. When she come to me and ask for a recourse, as our company's name was associated with her T1. Do you think I can just run away and throw all the responsibility to her employer's accountant? Will she forgive me and not sue me in the court if the amount is huge? As accountants, we will assume the most responsibility when we put our signature on our client's file.

4. Accountants are professional people who should be more knowledgable than normal people in taxation and offer a high quality service to their clients. If we just obtain all the tax slips from clients and enter them into computer like robots, then why should our client pay hundreds of dollar for a T1 instead of buying a tax software for $29.99 and enter all tax slips by themself. They got from what they paid. ;)

ch_1001

thanks especially to john-molson 2003.

this is not an easy question. normally we could claim tuition, but if it is reimbursed by employer (in part or in full), then it becomes different. if the employer reimbursed all, and it is not included in your income, you can't claim it. if the employer reinmbursed only part of it, then you can claim the remaining. however, another issue is the tuition must be more than 100 to be qualified.

also, if the employer reimbursed part or full of the tuition, you can NOT claim education and book amount. (even if you get T2202A from the institution)

"meng-cheng-xiao-chao" definitely doesn't understand the whole thing at all !

needlaurel

本人虚心接受，学习了。我觉得雇主真的应该把这些事情处理得简明扼要些。别让那么多手下员工还要到处去猜去问，而影响到员工的正常工作和生活。

Post by ch_1001;2961523
thanks especially to john-molson 2003.

this is not an easy question. normally we could claim tuition, but if it is reimbursed by employer (in part or in full), then it becomes different. if the employer reimbursed all, and it is not included in your income, you can't claim it. if the employer reinmbursed only part of it, then you can claim the remaining. however, another issue is the tuition must be more than 100 to be qualified.

also, if the employer reimbursed part or full of the tuition, you can NOT claim education and book amount. (even if you get T2202A from the institution)

"meng-cheng-xiao-chao" definitely doesn't understand the whole thing at all !

ch_1001

thank you !  蒙城小曹

VVMM

你说的对, 如果你的税报错了, CRA是罚你不是罚帮你报税的人.

但是T4错了可不是你的责任了. 大家都是拿着T4报税, CRA手里的T4 应该跟你手里的是一样的, 如果T4上都没有这个数字, 就算CRA来audit你的税又怎么能查得到呢? 如果CRA查出来T4有问题, 会请公司更正的, 我的公司就被联系过.

一般来说, 能不能报学费取决于你手里有没有T2202. 有的话肯定是没问题的. 那个雇主给你的400也应该在你的T4收入里, 理论上应该在最下面加一栏box40, 至于公司的会计有没有加进T4, 如果要保险起见只好自己算算了.

Post by John_molson2003;2961061
If she (assume Louzhu is a female) is my client, this is the first concern I will raise to her.

1. From my previous analysis, it is clear that how much she can deduct as tuition fee will depend on whether the $400 should be included in her income or not.

2. When my client raises her question to me, I cannot make an assumption that her employer's accountant is competive enough to know under which condition the $400 should be included in T4. In the past, I spoted similiar mistakes in some of my client's T4.

3. If her employer's accountant made a mistake and failed to include $400 in the T4 when it should be included, and her file was audited by CRA after 3 years, the CRA will give her penalty and interest no matter the mistake was made by my client herself or her employer's accountant. When she come to me and ask for a recourse, as our company's name was associated with her T1. Do you think I can just run away and throw all the responsibility to her employer's accountant? Will she forgive me and not sue me in the court if the amount is huge? As accountants, we will assume the most responsibility when we put our signature on our client's file.

4. Accountants are professional people who should be more knowledgable than normal people in taxation and offer a high quality service to their clients. If we just obtain all the tax slips from clients and enter them into computer like robots, then why should our client pay hundreds of dollar for a T1 instead of buying a tax software for $29.99 and enter all tax slips by themself. They got from what they paid. ;)