[Gail]

It's been a long time since I filed a paper return so please bear with me. This client had three properties with numerous recipts for utilities; r&m etc. I realize that the client has to keep the receipts for at least seven years but are they required to be submitted with the PAPER filed return. Seems like a lot of paper to send to Ottawa. :blink:

Thanks
Gail

[Sasha1]

Gail, on Apr 26 2007, 02:04 PM, said:

It's been a long time since I filed a paper return so please bear with me. This client had three properties with numerous recipts for utilities; r&m etc. I realize that the client has to keep the receipts for at least seven years but are they required to be submitted with the PAPER filed return. Seems like a lot of paper to send to Ottawa. :blink:

Thanks
Gail

No Gail, not required to be submitted with the return.

[The Skuj]

Gail, on Apr 26 2007, 05:04 PM, said:

It's been a long time since I filed a paper return so please bear with me. This client had three properties with numerous recipts for utilities; r&m etc. I realize that the client has to keep the receipts for at least seven years but are they required to be submitted with the PAPER filed return. Seems like a lot of paper to send to Ottawa. :blink:

Thanks
Gail

Per CRA:

What do you include with your return and what records do you keep?

If you are filing a paper return, include one copy of each of your information slips. Make sure you attach to your return your Schedule 1 and your provincial or territorial Form 428 (unless you are a resident of Quebec on December 31, 2006). The explanations in the guide and the return, schedules, or forms will tell you when to attach other supporting documents, such as certificates, forms, schedules, or official receipts.

If a tax professional will be preparing or sending us your return, show him or her your label sheet and all of your supporting documents, such as your information slips, receipts, Notice of Assessment from last year, and instalment payments summary (on Form INNS1 or Form INNS2).

If you make a claim without the required receipt, certificate, schedule, or form, we may disallow your claim. It could also delay the processing of your return.

Even if you do not have to attach certain supporting documents to your return, or if you are filing your return electronically, keep them in case we select your return for review. You should keep your supporting documents for six years.

[Joe]

The Skuj, on Apr 27 2007, 07:18 AM, said:

Per CRA:
What do you include with your return and what records do you keep?
If you are filing a paper return, include one copy of each of your information slips. Make sure you attach to your return your Schedule 1 and your provincial or territorial Form 428 (unless you are a resident of Quebec on December 31, 2006). The explanations in the guide and the return, schedules, or forms will tell you when to attach other supporting documents, such as certificates, forms, schedules, or official receipts.
If a tax professional will be preparing or sending us your return, show him or her your label sheet and all of your supporting documents, such as your information slips, receipts, Notice of Assessment from last year, and instalment payments summary (on Form INNS1 or Form INNS2).
If you make a claim without the required receipt, certificate, schedule, or form, we may disallow your claim. It could also delay the processing of your return.
Even if you do not have to attach certain supporting documents to your return, or if you are filing your return electronically, keep them in case we select your return for review. You should keep your supporting documents for six years.

No no no Skuj....
Those CRA instructions are only for "taxpayers", not for "tax professionals"...
There must be some other information somewhere else for "tax professionals".... :P
.

[urtaxwiz2]

It should also be mentioned that receipts related to a capital asset must be kept from the moment the asset is purchased up to the point the asset is disposed of. This conceivably could be longer than 6 years or 6 + the current year.

[Nick]

Actually a CRA auditor once told me 3 years after disposal of the asset.