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brinshannaraGot confirmation on Friday evening that I owe absolutely nothing to either the Quebec or Canadian governments for taxes. (We file up here on the 30th.)
I made, after conversions, $9,050.02 and the maximum allowable income without taxation is something like $9300 or something close to that. As in, I got in JUST under the wire. As in, had the Canadian dollar not spent months close to par with the American dollar, I would be paying about 20% in taxes right now.
/happydance
I should really start putting money away into my RRSP (like a 401k for the Americans out there) NOW, so that all gets deducted from next year's taxes, and make sure I'm saving about 25% of each paycheque, just so I'm not surprised next year when I owe about $5000.
Still doesn't top the year when I owed Quebec $13,000 and Canada $11,000 and had to write them cheques for that amount, which I HAD in the bank, with a few thousand left over!
I totally miss the dot-com era... :)
I made, after conversions, $9,050.02 and the maximum allowable income without taxation is something like $9300 or something close to that. As in, I got in JUST under the wire. As in, had the Canadian dollar not spent months close to par with the American dollar, I would be paying about 20% in taxes right now.
/happydance
I should really start putting money away into my RRSP (like a 401k for the Americans out there) NOW, so that all gets deducted from next year's taxes, and make sure I'm saving about 25% of each paycheque, just so I'm not surprised next year when I owe about $5000.
Still doesn't top the year when I owed Quebec $13,000 and Canada $11,000 and had to write them cheques for that amount, which I HAD in the bank, with a few thousand left over!
I totally miss the dot-com era... :)
