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  #7  
Old 04-12-2007, 03:28 AM
dejaemail@yahoo.com
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Default Re: Canada Taxes Paid Deductable?

- quote -

> > Only income taxes are subject to deduction or credit on your
> > 1040 income tax return. However you may be able to get a
> > refund of some of the taxes you paid on your visit.


> Canada announced the elimination of the GST/HST Visitor
> Rebate Program effective for purchases made after March 31,
> 2007.
> http://www.cra-arc.gc.ca/tax/nonresi...tors/qa-e.html


This info is exactly what I was looking for. GST Refunds
are still in effect for prior purchases made before April
1st, 2007 so I was able to send in the refund to Canada.

Thanks for the info!

Rick

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
  #6  
Old 04-03-2007, 05:48 AM
dejaemail@yahoo.com
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Posts: n/a
Default Re: Canada Taxes Paid Deductable?

- quote -

> > Only income taxes are subject to deduction or credit on your
> > 1040 income tax return. However you may be able to get a
> > refund of some of the taxes you paid on your visit.


> Canada announced the elimination of the GST/HST Visitor
> Rebate Program effective for purchases made after March 31,
> 2007.
> http://www.cra-arc.gc.ca/tax/nonresi...tors/qa-e.html


This info is exactly what I was looking for. GST Refunds
are still in effect for prior purchases made before April
1st, 2007 so I was able to send in the refund to Canada.

Thanks for the info!

Rick

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #5  
Old 04-02-2007, 09:58 PM
Avrum Lapin
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Posts: n/a
Default Re: Canada Taxes Paid Deductable?

"Frederick Lorca" <FrederickGLorca[at]fictitious.org> wrote:

snipping> Cheap prescription drugs are still available though.
- quote -

> Frederick Lorca
> Moderator:
> But are the drugs cheaper than the co-pay on a prescription
> drug plan?


No - but if you in the Part D gap and don't expect to get
out or you don't have Rx coverage then it is a good option.
Just make sure that the Pharmacy that you use is really a
Canadian one

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #4  
Old 04-01-2007, 01:55 AM
Herb Smith
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Default Re: Canada Taxes Paid Deductable?

dejaem...[at]yahoo.com wrote:

- quote -

> We had a vacation in Canada and paid a large amount of
> foreign taxes on hotel and misc other items. =A0Is this
> deductable on federal taxes? If so where in the forms?


US citizens are entitled to a refund of the General Sales
Tax (GST) on certain purchases made within Canada. Hotel
bills, souvenirs. etc, but not meals or fuel. You can get an
application when you cross back over the border, or from the
Canadian government. Receipts are required. There is no US
tax refund.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #3  
Old 04-01-2007, 01:55 AM
Frederick Lorca
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Posts: n/a
Default Re: Canada Taxes Paid Deductable?

- quote -

> Only income taxes are subject to deduction or credit on your
> 1040 income tax return. However you may be able to get a
> refund of some of the taxes you paid on your visit.


Canada announced the elimination of the GST/HST Visitor
Rebate Program effective for purchases made after March 31,
2007.

http://www.cra-arc.gc.ca/tax/nonresi...tors/qa-e.html

Cheap prescription drugs are still available though.

Frederick Lorca

Moderator:
But are the drugs cheaper than the co-pay on a prescription
drug plan?

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #2  
Old 03-31-2007, 02:27 AM
Don Priebe
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Posts: n/a
Default Re: Canada Taxes Paid Deductable?

- quote -

> We had a vacation in Canada and paid a large amount of
> foreign taxes on hotel and misc other items. Is this
> deductable on federal taxes? If so where in the forms?


Only income taxes are subject to deduction or credit on your
1040 income tax return. However you may be able to get a
refund of some of the taxes you paid on your visit. See the
official information at
http://www.cra-arc.gc.ca/E/pbg/gf/gst176/README.html

Note that there are also a lot of vendors who will process
you refund application for a hefty fee.

--
Don EA in Upstate NY

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #1  
Old 03-31-2007, 02:27 AM
Tom Russ
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Default Re: Canada Taxes Paid Deductable?

dejaem...[at]yahoo.com wrote:

- quote -

> We had a vacation in Canada and paid a large amount of
> foreign taxes on hotel and misc other items. Is this
> deductable on federal taxes?


No.

Just like hotel taxes in the USA aren't deductible.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 
Old 03-31-2007, 02:27 AM
Frederick Lorca
Guest
 
Posts: n/a
Default Re: Canada Taxes Paid Deductable?

- quote -

> We had a vacation in Canada and paid a large amount of
> foreign taxes on hotel and misc other items. Is this
> deductable on federal taxes? If so where in the forms?


None of the above are deductible taxes.

Frederick Lorca

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 03-30-2007, 07:37 AM
dejaemail@yahoo.com
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Posts: n/a
Default Canada Taxes Paid Deductable?

We had a vacation in Canada and paid a large amount of
foreign taxes on hotel and misc other items. Is this
deductable on federal taxes? If so where in the forms?

Thanks

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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