56(1)(n)

Income Tax Folio S1-F2-C1, Qualifying Student and the Education and Textbook Tax Credits

Income Tax Folio S1-F2-C1, Qualifying Student and the Education and Textbook Tax Credits Series 1: Individuals Folio 2: Students Chapter 1: Qualifying Student and the Education and Textbook Tax Credits Summary Beginning with the 2017 tax year, the education and textbook tax credits have been eliminated and will no longer be available for a student […]

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Income Tax Folio S1-F3-C1, Child Care Expense Deduction

Income Tax Folio S1-F3-C1, Child Care Expense Deduction Series 1: Individuals Folio 3: Family Unit Issues Chapter 1: Child Care Expense Deduction Summary The purpose of the legislative provisions regarding child care expenses is to provide some relief for taxpayers who incur child care expenses in order to work, carry on a business or undertake certain educational

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Income Tax Folio S1-F2-C3, Scholarships, Research Grants and Other Education Assistance

Income Tax Folio S1-F2-C3, Scholarships, Research Grants and Other Education Assistance Series 1: Individuals Folio 2: Students Chapter 3: Scholarships, Research Grants and Other Education Assistance Summary This Chapter discusses the taxation of scholarships, fellowships, bursaries, prizes, research grants, certain government financial assistance for education and training, forgivable loans and repayable awards. Paragraph 56(1)(n) generally includes

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Income Tax Folio S1-F3-C4, Moving Expenses

Income Tax Folio S1-F3-C4, Moving Expenses Series 1: Individuals Folio 3: Family Unit Issues Chapter 4: Moving Expenses Summary This Chapter explains the moving expense deduction. In computing income, employees, self-employed individuals and students may deduct certain moving expenses they paid for an eligible relocation. The Chapter specifies the expenses that are eligible as moving

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Income Tax Folio S1-F1-C3, Disability Supports Deduction

Income Tax Folio S1-F1-C3, Disability Supports Deduction Series 1: Individuals Folio 1: Health & Medical Chapter 3: Disability Supports Deduction Summary The disability supports deduction (commonly referred to as the attendant care deduction for tax years prior to 2004), provides tax relief for individual taxpayers who have paid for certain medical expenses to enable them

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Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime

Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime Series 3: Property, Investments and Savings Plans Folio 9: Miscellaneous Payments/Receipts Chapter  1:  Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime Summary This Chapter discusses the tax treatment of various receipts, such as strike pay, gambling winnings, and forfeited

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IT257R- Canada Council Grants

NO: IT-257R DATE: March 31, 1995 SUBJECT: INCOME TAX ACT Canada Council Grants REFERENCE: Paragraph 56(1)(n) (also subsections 5(1) and 9(1), paragraphs 8(1)(p) and (q) and 56(1)(o) of the Income Tax Act and section 7700 of the Income Tax Regulations Application This bulletin cancels and replaces Interpretation Bulletin IT-257, dated October 20, 1975 and the Special

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