Getting Ready for Tax Season
2017 Personal Income Tax Checklist
The 2017 tax season is here and to help us ensure your personal income tax returns are prepared correctly and promptly, it is important that you provide us with all the required information. To help you gather your tax information, we provide the following list of reminders. Please review the list carefully.
Realized gain or loss summary
Please ask your broker for a realized gain or loss summary.
Foreign Income Reporting Requirements
Many Canadian Registered Securities Dealers or Canadian Trust Companies now provide a detailed summary of your foreign reporting information. In case your broker does not provide you with any breakdown of the foreign property held in the account, please provide us with broker’s statements for December 2016 as well as January 2017 to December 2017 in order for us to complete and file Form T1135.
Prescription drug summary
In order to ease the compilation of your medical expenses, please ask your pharmacist for a summary of all prescription medication sold to you, your spouse, and your children in 2017.
Click the download icon below for our Tax Season questionnaire that will help your professional with your personal income taxes.
Information is current to March 15, 2018. The information contained in this release is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.