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Got 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... :)
no subject
Date: 2009-04-25 02:31 pm (UTC)no subject
Date: 2009-04-25 02:56 pm (UTC)Ou bien, je pourrais commencer à faire des paiements chaque trois mois au les deux gouvernements et recevoir de l'argent de retour l'année prochaine, mais je ne sais vraiment pas combien je devrais payer... je préfère d'avoir mon argent à moi et de payer tout d'un coup plus tard, je crois. :)