January 31, 2005
CRA Tax Tips
Did you know that Canada Revenue Agency provides Tax Tips on its web site? For instance, this month they released advice on claiming your medical expenses.
"You can claim, as a non-refundable tax credit, medical expenses for yourself, your spouse or common-law partner, and your children born in 1987 or later. For 2004, the total expenses have to be more than 3% of your net income, or $1,813, whichever is less."
For more information on CRA Tax Tips, visit:
http://www.cra-arc.gc.ca/newsroom/taxtips/menu-e.html
Posted by Taxes.ca Editorial Team [permalink]
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