Tax Q & A - 2022

Tax Q & A - 2022

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.

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