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Home Renovation Tax Credit Tax Credit

#1 User is offline   Paperworker Icon

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Posted 03 November 2009 - 05:03 PM

I have downloaded the new 2009 Profile T1 and cannot seem to find anywhere to enter ammounts from the Home Renovation Tax Credit. Has it simply not been installed on the program yet or am I missing something. Thanks
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#2 User is offline   Easter1 Icon

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Posted 03 November 2009 - 08:49 PM

Has the home renovation credit passed in Parliament Yet?

Is this credit to based in the ITA?

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#3 User is offline   samhill Icon

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Posted 03 November 2009 - 08:55 PM

Someone in my office called Profile about it yesterday, because they were doing an estimate using the 2009 tax planner and couldn't find the place to put the HRTC.

According to Profile, CRA hasn't come out with any forms for it and Profile doesn't know where to put it.

But more importantly, Parliament hasn't passed anything about it yet, so it is still in "vapour" tax credit land, until Mr. H gets it passed or tells his CRA minions to put it in the 2009 T1, anyway, whether passed or not.
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#4 User is offline   David Blue Icon

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Posted 03 November 2009 - 09:10 PM

It has not been passed yet along with the Class 52 100 % write off of computer equipment

Still waiting.
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#5 User is offline   Easter1 Icon

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Posted 04 November 2009 - 01:34 AM

Even if it does pass, why would profile have anything to do with it?

Just think everything has been on sale, and now you manage to get back the sales taxes but don't you have to pay the Home Depot credit card bill?

WOW, sorry for sounding so senicle but hey what is a lit bit more debt, way to go Harper the empty cupboard is now over financed!

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