Personal Finance

Locked: Where is a good place to find someone to transfer tax credit?

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  • Aug 8th, 2019 5:52 pm
[OP]
Newbie
Jan 14, 2018
51 posts
5 upvotes

Where is a good place to find someone to transfer tax credit?

Where is a good place to find someone to transfer tax credit?

I have lots i dont have use for want to transfer it

Was thinking just go to the financial area and PUA everyone lol

What building do you suggest?
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12 replies
Deal Addict
User avatar
Mar 9, 2012
3889 posts
2707 upvotes
Kitchener
appleproduct wrote: Where is a good place to find someone to transfer tax credit?

I have lots i dont have use for want to transfer it

Was thinking just go to the financial area and PUA everyone lol

What building do you suggest?
I don't think you can just 'transfer tax credits'. That said, if there was, I have first dibs....

The thing that sucks about tax credits, most (not all) disappear every fiscal year. If only you could save them for a rainy day.
Why can't we all just get along?
[OP]
Newbie
Jan 14, 2018
51 posts
5 upvotes
well mine is that is why but i dont know anyone that pays tax....
[OP]
Newbie
Jan 14, 2018
51 posts
5 upvotes
anyways i think im just gonna do that i have to find someone looks honest too so its good to get a in person vibe..
Deal Addict
Aug 30, 2011
3494 posts
1235 upvotes
Ottawa
OP is either very ignorant of tax law, means something else with his post, or was just posting-while-drunk.
Deal Addict
Nov 9, 2011
1168 posts
1462 upvotes
Toronto
appleproduct wrote: well mine is that is why but i dont know anyone that pays tax....
Wow... what a bunch of "contributors" to the society... And here I am getting audited for tuition credit claim when I have an official T2202A slip from UofT...
Member
Oct 17, 2014
271 posts
215 upvotes
Toronto, ON
tonershop wrote: Wow... what a bunch of "contributors" to the society... And here I am getting audited for tuition credit claim when I have an official T2202A slip from UofT...
CRA should force university to upload T2202A so there is no silly audit when they see very high tuition from place such as UofT
Deal Addict
May 16, 2017
2217 posts
2891 upvotes
tonershop wrote: Wow... what a bunch of "contributors" to the society... And here I am getting audited for tuition credit claim when I have an official T2202A slip from UofT...
Audit or Review? They are very different processes.
Deal Addict
User avatar
Mar 9, 2012
3889 posts
2707 upvotes
Kitchener
appleproduct wrote: well mine is that is why but i dont know anyone that pays tax....
The government can make 'non-refundable tax credits' more generous because not everyone can use the entire amount nor transfer them to random people. If you could, I am sure the amounts allowed would shrink very quickly.
Why can't we all just get along?
Deal Addict
User avatar
Mar 10, 2018
4917 posts
1397 upvotes
does it matter?
OttawaGardener wrote: OP is either very ignorant of tax law, means something else with his post, or was just posting-while-drunk.
LOL. BTDT. actually not. Never. But many of my posts seems like that.

OP needs to spend some time on these credits and what it actually means.
https://www.tangerine.ca/forwardthinkin ... tax-credit

https://www.canada.ca/en/financial-cons ... s-3/7.html

https://www.canada.ca/en/revenue-agency ... ounts.html
Tried new coffee and doughnut. Found same old stale thing. expected bill of six bucks but it was 600 million. Big mistake so the guy said don't worry it is on the house. going back to McD.
Deal Fanatic
Jan 21, 2014
6682 posts
4095 upvotes
Imagine if one could transfer his/her tax credits to other random people? We will have a whole new market for selling/buying tax credits (like $0.10 for $1 or something like that) :)
[OP]
Newbie
Jan 14, 2018
51 posts
5 upvotes
ah whatever dont believe me then
Deal Addict
May 16, 2017
2217 posts
2891 upvotes
appleproduct wrote: ah whatever dont believe me then
Believe what? Personal tax credits aren't generally transferable except for a few unique situations and even then only to spouse or other closely-related person.

Perhaps your OP would be sensible if you itemized exactly WHICH tax credit you are contemplating transferring?

Or, believe that you and your cohort don't pay taxes??? I believe plenty of people don't pay taxes - doesn't mean I believe they do so legally.

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