To personal tax client:

Transcription

1 To personal tax client: Please find enclosed a copy of the 2016 tax profile and checklist, which provides an outline of what is required to successfully file your tax return for The checklist attached has been prepared with the intention of providing you with a comprehensive listing of available tax credits, thus it is necessary to fill the attached listing as accurately as you can. If you have any questions or concerns regarding the tax checklist, do not hesitate to contact me or check the FAQs section of my tax blog. It is important you ensure you have received all tax slips and have provided them to me to file your return. Potential impact of incomplete returns could result in interest charged and penalties from the Canada Revenue Agency (CRA). Please forward your completed profile, and checklist to me as soon as possible. te that the deadline to file taxes remains April 30, I will electronically file your return using H&R Block s software. Once you have reviewed your return and are in agreement with the filing, I will submit your return to the CRA. If you would like to sign up for direct deposit to receive payments, please find the enrolment process on the CRA website at: If you would like to discuss your return and how is was prepared, please reach out to me and we can schedule a time to converse. If you have any questions or concerns, please visit jixxfinancial.com Yours very truly, Anjola Tunde-Ojo, HBBA, CPA/CA Legacy Student

2 Profile Title: Mr. / Mrs. / Ms. Name: Address: City: Postal Code: Province: SIN: Telephone #: Birth date (dd/mm/yyyy): Preferred method and time of communication: Province of residence as of December 31 st : If your province of residence changed in 2016, enter the date of your move (dd/mm/yyyy): Marital Status: Single / Married / Separated / Divorced / Widowed Date of change in marital status (if applicable) (dd/mm/yyyy): Did you immigrate to Canada and become a resident of the country in 2016? Are you a Canadian citizen? If you are a Canadian citizen, do you authorize Canada Revenue Agency (CRA) to give your name, address and date of birth to Elections Canada to update information currently on The National Register of Electors? Do you have any dependents? As a rule, a dependent is someone who relies on you financially or physically, lives with you, and is either under the age of 18, a parent or grandparent, or mentally or physically infirm. You might also be able to claim expenses for a dependent relative that s related to you by blood, marriage, a common-law partnership, or adoption. Have you subscribed to direct deposit? N/A Are you filing a return with the CRA for the very first time?

3 Tax Checklist Please answer or to the following questions below, and sign and return this checklist along with your tax documents. At any time during 2016, did you own specified foreign property in which the total cost that exceeded $100,000 CAD? Specified foreign property includes, but is not limited to: funds held outside of Canada, shares of corporations resident outside of Canada, real estate property (other than that held solely for personal use) located outside of Canada, indebtedness owed by nonresidents of Canada or interests in non-resident trusts. Specified foreign property also includes non-canadian investments held in a Canadian brokerage account. Are you the beneficiary of a trust (including an estate) which is resident outside of Canada (e.g. a foreign family trust, or an employee trust established outside of Canada)? During 2016, did you own shares of a corporation resident outside of Canada (including a U.S. LLC) which is not listed on a public stock exchange? Have you filed tax returns in prior years? If yes, please provide a copy of your most recent year Tax Return (2015 s tax return) and tice of Assessment. Did you pay any of your 2016 taxes in instalments (recurring payments)? Did you receive any interest payments from the CRA or Revenu Quebec in 2016? In 2016, did you spend time in a prison or a similar facility? Did you incur child care expenses during 2016? If yes, please provide the amounts paid. Did you adopt a child during 2016? Did you pay for art or sports lessons for your child/children during 2016? If yes, please provide the amount(s) paid.

4 Did you pay tuition during 2016? If yes, please provide your T2202A slip. Furthermore, please provide all paid tuition invoices from your educational institution during This will enable the return preparer identify further tax credits that may be applicable to you. Do you have leftover tuition credits from previous year s tax return? If yes, please provide amounts (this can be found on your previous year s tax return or tice of Assessment). Do you elect to transfer tuition credits to your parents? Did you receive a scholarship or bursary during 2016? If yes, please provide support. Did you earn employment income in 2016? If yes, please provide all T4 slips (pension, retirement, employment insurance, RRSP income). Did you earn investment income in 2016? If yes, please provide all T5 slips. Did you make contributions to a pooled registered pension plan (PRPP) or a retirement or pension plan outside Canada? Did you have investments and/or investment income, or buy and/or sell property investments such as tax shelters, shares, securities; other types of investments, including rental property; the purchase or sale of property, including selling your principal residence. Did you earn or receive other income in 2016? (Rental income, tips, money from occasional work, royalties, etc.) Did you make or receive spousal or child support payments during 2016? Did you receive any business income from a country outside Canada and pay foreign tax on that income? Did you have any physical or mental impairment in which you d like to claim expenses for? Did you suffer from a mental or physical disability in 2016? If you did, would you like to claim the disability tax credit? Did you pay interest on student loans during 2016? If yes, please provide the amount paid.

5 Did you volunteer for over 200 hours as a firefighter, or search and rescue team? Did you pay for public transit during 2016? If yes, provide the amount paid (check school invoices for fee charged). Were you a family caregiver during 2016? I.e. did you take care of a sick or disabled relative during the year? If yes, please provide details. Did you purchase a home during 2016? You may be eligible for the First Time Home Buyers Credit. Did you move during 2016? If yes, what was the reason for the move, and where did you move to? Students that were in full-time attendance at a post-secondary educational institution in Canada, and who moved at least 40 kilometers within Canada for employment purposes, may claim moving expenses against income earned from a full- or part-time job (including a summer job) the year the move took place or the following year. Details: Do you have an RRSP account? If yes, please provide the balance of unused RRSP contributions (this can be found on your prior year s tice of Assessment). Did you make any political party donations during 2016? If yes, please provide tax receipts. Did you make any charitable organization donations during 2016? If yes, please provide tax receipts (this includes offerings made to church). Did you live in a different Province during 2016? If yes, you may be eligible for additional credits. If yes, what Province? Did you pay rent during 2016? If yes, please provide total amount paid per month for 2016 (or provide rent receipt from your landlord). Did you live in a student residence in 2016? If yes, please indicate the dates you lived in residence.

6 Dates lived in residence: Would you like to apply for the Ontario Trillium Benefit? This is applicable to individuals who have made rent payments during 2016, or paid property tax for their principal residence. You would receive monthly or annual payments. If you elect to apply for Ontario Trillium Benefit (per above), indicate how you would like to receive your payments: Once, in June 2018 Monthly, from July 2017 to June 2018 Did you have any home renovations during 2016? If yes, you may be eligible for additional credits. Did you have any self-employment income (including rental income), and any related expenses during 2016? Did you incur medical expenses of at least $2,000 during 2016? If yes, please provide invoices. Did you pay professional dues (membership dues) during 2016? If yes, please provide invoice(s). Other Comments: I agree that the above checklist is accurate and complete. Name: Signature: Date:

7 DISCLAIMER To protect you, the Client, this professional tax preparation follows accepted ethical procedures as specified by the Internal Revenue Code and/or applicable guidelines governing the conduct of professional tax preparers. After reading each statement below carefully, please acknowledge your acceptance by signing the bottom of this form. Thank you for your cooperation and understanding of the responsibilities I must accept as a professional tax preparer. The specified income tax returns have been prepared for me and/or my business at my direction by Anjola Tunde-Ojo, HBBA, and CPA/CA Legacy Student. I have reviewed the completed returns and understand their contents and have received a copy of the returns. I realize it is my responsibility to include in my files all documentation necessary to substantiate all income, deductions, and credits reflected on the returns for at least 5 years. All information on these returns is true and accurate according to the information furnished by me to Anjola Tunde-Ojo. thing has been added or deleted by the preparer that would understate my tax liability. All taxable income has been reported, including any bartering, any partnership interests, any sales of business or personal assets, and all interest and dividend income from all sources. I have informed my tax preparer of any adjustments or correspondence between any taxing authority and me and/or my business. I understand my professional tax preparer has based the entries on these returns according to present laws, regulations, and other applicable authority. I understand that tax law and its interpretation is subject to continual change and therefore the rules and principles followed in the preparation of these returns may not be applicable for any other tax year. My tax preparer has indicated any aggressive applications to me and I understand such a position may be questioned or overturned in the audit process. I agree to hold my preparer harmless from any examination and possible reversal on this (these) issues. Anjola Tunde-Ojo, HBBA, CPA/CA Legacy Student Client Name: Signature: Date: