Mystery B

In 2010 I inherited a house shared with 5 people.

In 2015 one person passed away a deem disposition was done on their tax, that person portion of the house went equally to the remaining 4 people.

In 2018 house was sold.

To calculate adjusted cost base, do I still use 2010 house value and still divide by 5 people or do I change it to 4 people now?

Or do I just use 2016 House value to calculate adjusted cost base for 4 people?

Or do I have to get all mathematical and calculate the adjusted cost base for 5 people from 2010-2015

Then add/subtract the value from 2016-2018 for 4 people to get the adjusted cost base?

I hoping a CPA can answer this question

Here's the problem, the attic walls are

covered in batt insulation.

If the roofer cuts a hole in the roof to install vent, won't the insulation get in the way?

Does the insulation need to be removed, in order to install the vents?

Should I have vents install on roof or just leave it as is, since I have gable vents?

I don't know how to connect new switch is because my old switch has 2 black wires, 1 green.

one black wires is connected to black, the other black is connected to white, green to green

I have 3 wires coming out of wall: black, white, green.

The new light switch has 4 wires: black, green, 2 reds.

What color wire do I connect the black and red wires to?

I have 3 wires coming out of wall: black, white, green.

The Dimmer has 4 wires: black, green, 2 reds.

which wire connects to which color?

Week 1: When I fill a sink with water, the water will start to swirl and create a little tornado at a certain height in the sink when I unplug it.

Week 2: I do the same thing fill the sink with water and unplug. This time the little tornado does not form till it reaches half the height of last week.

Does the formation of when the little tornado appears indicate blockage of the drain?

the plug that I have the 2 prongs are the same size, the wires are the same color.

I need to replace the plug. Since the prongs and wire are the same, does it matter which wire goes where?

I had someone do my taxes for me for the last 2 years, but they did not apply for the Workers Income Tax Benefit Credit for me.

Am I allow to change my tax return for the last 2 years to get back money that I should have gotten from the workers income credit?

I received an letter from the CRA saying that I can't claim repairs I did to my car 3 days prior to my move to another province.

Here's what I don't get, on their website, it says I CAN claim car repairs, now they are saying that I can't. They didn't explain why, but just deny my claim.

So does the repairs have to happen on the date of my move to qualify?

So now I had moved back home, 2 days before my move I had my tires changed from winter to summer tires. Will I be able to claim this on my tax return? I don't want to make the same mistake again and being penalized.

So any tax experts out there, please give me some advice.

My lot size is 33 x125.1 Ft. what is it in meter square (m2)?

The company I work for is located in BC. My company got a contracted job in Alberta, so I had to move there to start work.

When filling out the moving expense form, for company information, what do I fill in for that section? Do I write down my company's address located in BC?

Would that be strange when the CRA looks at it?

I'm moving to another province to work. Instead of eating out, I went and bought groceries instead. Can I claim that as a meal expense?

I'm moving to another province to work, I got a speeding ticket on the freeway. Is it possible to claim it as an moving expense?

I know I can claim my meals as an expense, while I was there I went to a bar with a bunch of friends, can I claim my drinks as an meal expense

Currently I'm claiming employment expenses on my tax return, my company relocated to a new province, so I have to move there.

I know I can claim moving expenses, but when I move to the new province, I have to change my car insurance, can I claim that as a moving expense? or do I claim it as an employment expense?

Can I do a double claim?

This might sound stupid, but I was wondering, my credit card bill is due on july 5, if I pay it off on june 30 rather then july 5 do I earn less interest from the bank. Or is it just the same?

Do I earn the same amount of interest from the bank whether I pay it off early or on due date?

I work at home, and I'm claiming rent as an expense.

on form t2125

Income: $8449.35

I work 10/24 hours 7 days a week

House is 84 square meters

Work 39 square meters

Personal 45 square meters

Annual Rent is $2024

under Business use of Home expenses section

do I just write down $2024 under other expenses then subtract personal use?

45/84 x $2024= $1084.29 for personal use

2024- 1084.29= $939.71

Is $939.71 the amount that I can claim?

I ask an similar question earlier, but the answers given were confusing. All I want to know is do I write down $2024 for rent or do I subtract the business part use first which is 391.55. Then write down $2024-391.55=1632.45 as the total for rent on the business use of home expenses section?

.

I work at home, and I'm claiming rent as an expense.

on which section do I put it on form t2125

Do I put it on Part 5:Net income before adjustments (rent)

or

Calculation of business use of home expenses (other expenses)

do I calculate personal use first or business use first because

Income: $8449.35

I work 10/24 hours 7 days a week

House is 84 square meters

Work 39 square meters

Personal 45 square meters

Annual Rent is $2024

If calculated for business first. I can claim $391.55

10/24 x39/84 x$2024= $391.55

(this example was used in the business and profession guide)

But if I calculated for personal use first, I can claim $939.71 under Business use of Home expenses section

45/84 x $2024= $1084.29 for personal use

2024- 1084.29= $939.71

See my problem