Quote:
Originally Posted by chicgeek
I talked to an accountant briefly over a beer. With what I earned last year, she said don't bother claiming it. Next tax year I will have to, though.
|
If you made less than $6,600 total (or thereabouts), then claim it. You get a personal deduction for $6,600 anyway and claiming that income will cover you legally if REVCAN ever finds out about it.
And... no T4 necessary because deductions weren't taken and it's easy enough to say that you work for yourself in this line of work. That way, you get to claim expenses that you wouldn't get to claim with a regular full time job as an employee somewhere. It's classified on the T1 as "income from other sources".