Tax Q & A - 2022 Tax Year (Saskatchewan)
Taxes can be confusing. We hope some of the questions answered below make things just a little easier to understand.
I earned only a little bit of money on the side, do I have to report it?
If you earned anything where you made a profit, even a few dollars, it’s reportable. If, however, you received some income from an activity where you always spend more than you make you don’t have to report it. Another example where you need not report is where your child or sibling pays you something for living with you, but you receive nothing near what it costs. That’s considered a cost-sharing arrangement.
I'm over 18 and didn't make much, if anything. Should I still file a tax return?
I replaced my furnace and filter. Does that qualify for the 2022 Saskatchewan Home Renovation Tax Credit?
Can I claim expenses for my vehicle?
What do I need to do to claim work at home expenses due to Covid 19?
I know someone who may be entitled to a Disability Tax Credit Certificate (DTC) and I saw an ad about people who can help. Should I use their services?
Why doesn't Amity offer instant tax refunds like other companies?
How can I get $2,000 of tax-free income after I'm 65?
I submitted medical expenses. Why don't I see them on my tax return?
If I earn more, I fear I will hit a new income tax bracket where my taxes will erase what I make.
I am looking to save up a down payment for a home purchase. What's the best way to do that?