tax return planning

[razorbeck]

Just wondering how you can tell what your tax return will be by looking at your paystub?
Am I missing something because I dont have that line on mine

Down load Studio Tax 2015, plug in the numbers and it will give you a fair idea what your return will be. There might be a variance for the 2016 tax year but it will be small and at least you will have an idea. Can help you plan RRSP purchases as well

 

[brybenn]

I've somehow managed to pay 45% of my earnings in tax so far this year. I'm suppose to be in a 27% tax bracket and I've paid heavily into rrsp's this year. I showed it to my accountant buddy and he said even if I go back to work full time for the rest of the year I should be getting $3-3500 back.
I'm currently just working modified hours right now as I'm recovering from a torn Achilles tendon

I know I paid less tax last year and got $3100 with a non income wife. This year she's still under her personal exemption and I get a home buyers credit

I'm just getting a list together of parts or seeing if there's a better factory option available. I have a lot of free time when my foot is on ice