The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

/ i 8 The Canadian Statesman, Bowmanville, February 22,1984 Section Two Income 1. I'll be filing my first income income tax return this year. Someone told me I have to have a social insurance number. Is this true? Yes, you must have a valid social insurance number of your own in order to file a complete and accurate tax return. Without a social insurance insurance number, the processing processing of your return will be delayed. To be sure you have your number, contact your nearest Canada Employment Employment Centre and get a copy of form S-l, Application for a Social Insurance Number. Complete the form and return return it to the centre as soon as possible so you can have your number to file your return. return. 2. This year I want to complete complete my income tax return with minimum fuss and maximum efficiency. Is there anything I can do to get ready? First, gather everything you will need to complete your return and make note of anything missing that will be needed. This includes includes all the information slips you will receive as well as receipts supporting any deductions you plan to claim. Remember to include include any receipts or statements statements for expenses or deductions deductions that you are splitting splitting or have split between two calendar years. If you haven't received a labelled return in the mail by mid-February, you can pick up a T1 General package package at any post office or district district taxation office. It contains contains the forms, schedules, tax table and, where applicable, applicable, a provincial tax credits credits form. The T1 package also contains a copy of the General tax guide for your province. Should you not have a so- , cial insurance number (SIN), you should apply for one as soon as possible. A social insurance number is required in order to file an income tax return. The form S-l, Application for a Social Insurance Number, can be obtained from Canada Employment Employment Centres and should be returned there as quickly as possible. Before starting to fill in your return, look over the form thoroughly to see "what's new" and read your guide as well. By doing so, you should be sure to claim all of the exemptions and deductions to which you're entitled. Mark any about which you have any questions questions so thatyou can get supplementary supplementary material from the district taxation office to help you determine whether or not you can make the claim. And when you do start to complete your return, do so on the working copy. That way, after you have carefully transferred the information to the mailing copy, you will have a complete complete and accurate return to mail and the working copy for your records. And be sure to fill in the "identification "identification area" fully. If the department department doesn't know who you .are or where you live (including your postal code), it will be difficult to send you the refund cheque you may be expecting! 3. I'm a university student. Last summer I worked for a community newspaper. I didn't earn much money. Do I have to file and income tax return? It depends. If you had income income tax deducted from your cheques and you will be in a position to claim a refund of that tax, the only way to do it is to file a return. return. Your T4 slip from your employer will show how much was deducted as well as your gross income. If you moved at least 40 kilometres (25 miles) in order to take the job, you may be able to claim moving expenses on your return provided your employer did not pay or does not intend to pay for any part of the move. If you live in a province with provincial tax credits, you may be entitled to these. The only way to claim them is to file a federal income income tax return because, except for the province of Quebec, the federal government government collects taxes for the provincial and territorial governments. And one more thing, don't forget to check out the exemptions and deductions on page 2 of the General return. return. By claiming the ones to which you are entitled, you may increase your refund. refund. 4. I took advantage of the "no penalty" withdrawal of funds from my RHOSP (registered (registered home ownership savings plan). How do I go about reporting this on my return? As longasyou havcorwill have met by March 1, 1984 all of the deadlines and conditions conditions outlined in General guide line numbers 18C and 39E to purchase a "qualifying" "qualifying" new home or "qualifying" "qualifying" new furnishings for a home located in Canada, the withdrawal does not have to be reported as income income to the extent it was used for these purchases, Tax Tips To report your withdrawal withdrawal on your return, you should complete form T1 RHOSP (Registered home ownership savings plan disbursement disbursement certificate), which is available from your district tax office, to calculate the amount that must be reported. You then enter this amount on line 18 of.your return. Copies of the T1 RHOSP, T4 HOSP supplementary slip (Statement of registered registered home ownership savings savings plan income) and receipts receipts supporting expenditures expenditures on qualifying home furnishings must be at tached to the return] 5. I am going to contribute to a registered home ownership ownership savings plan. How much can I put into the plan? You can contribute a maximum of $1,000 a year to an RHOSP (registered home ownership savings plan) up to a lifetime total of $10,000. Your $1,000 contribution contribution can be claimed annually as a deduction on your income tax return as long as your plan is in effect and you otherwise qualify to contribute. The last day on which you make a contribution contribution that will be eligible eligible for the RHOSP deduction deduction on your 1983 tax return is December 31. For more information about RIIOSPs, see line 34 of the 1983 General tax guide or ask your district taxation taxation office for the pamphlet pamphlet "Registered Home Ownership Savings Plans." 6.1 know I can contribute to my RRSP (registered retirement retirement savings plan) until March 1, 1984, for the 1983 tax year. Does the same apply for my RHOSP contribution? contribution? No, it doesn't. For an RHOSP contribution to be claimable as a deduction on your 1983 income tax return, return, you must have made •the contribution on or before before December 31, 1983. Contributions made after December 31, 1983 may be claimed when filing your 1984 income tax return providing providing you were otherwise eligible to contribute to an RHOSP in that yeSr. 7. Where would I find information information about how to calculate calculate "earned income" for RRSP purposes? I want to make my contribution before before March 1. Information on how to calculate "earned income" is given in the guide line number 33 of the 1983 General General tax guide. For more information on RRSPs, contact your district district taxation office for the pamphlet "Registered Retirement Retirement Savings Plans." 8. I've been hearing a lot of talk recently about instalment instalment payments. What are they exactly and who should be making them? The rule in general is that the tax department requires requires instalment payments payments from people who do not have tax deducted, usually usually by their employers, from at least three-quarters of their current year's net income and whose estimated estimated federal tax for the current year is more than $400 and whose federal tax in the previous year was over $400. The most common way to calculate quarterly payments payments is to base them on the tax payable for the previous year, dividing the total by four. An alternate method is to estimate how much the taxpayer will owe for the current year and dividing again by four. For taxpayers whose income has decreased decreased significantly, the latter is more practical, But otherwise, it is generally better to base the amount of the payments on the previous previous year's tax, since an estimate estimate for the current year could result in an interest charge if the estimate is low. Instalment guides are available available from your local district district taxation office to help you calculate the amount to be paid. These payments should be made on or before before the end of March, June, September and December. The taxpayer then calculates calculates on the return the actual actual tax owing for the year before the April 30 deadline, deadline, paying any amount still owing alter the instalment instalment payments and tax withheld at source have been deducted. If the taxpayer taxpayer has overpaid, a refund refund may be claimed. Instalment payments can be made at any branch of a Canadian chartered bank, caisse populaire or credit union, or sent to the appropriate appropriate taxation centre. 9. Many of you will receive your income tax returns by mail, In fact, more than 6.9 million taxpayers receive their T1 General forms through the mail, while the personalized T1 Special is mailed to 7.7 million people. However, if you arc filing a tax return for the first time, or if you moved during the year, you will have to use a T1 General tax return. It is available at post offices Turn to Page 9 ^R8m5aNADAPACKER8FM8H CHOICE irvif CANADIAN V If All NEVER FROZEN SHOULDER FROM CANADA PACKERS AND CANADIAN DRESSED MEAT PLANTS CUT FROM CANADA GRADE "A" BEEF f«]?l jd;lM3 I SHOULDER & BLADE STEAKS ALLEN'S PURE aMFMe ÎODUCTÔFCHiLË^TÂRQESmswgg^""!^ \ 2.18 PiW#99<j LB. FROM CANADA PACKERS AND CANADIAN DRESSED MEAT PLANTS CUT FROM CANADA GRADE "A" BEEF STEAKS OR ROASTS SIRLOIN, T-BONE, PORTERHOUSE (IN LIMITED OUANTITMS) FRESH NEVER FROZEN SHANKLESS PICNIC PORK SHOULDERS! ^EWzËÂlÂnDFROzËÎT WHOLE OR HALF GENUINE SPRING LEG OP LAMB ONE PRICE 0 3.73.1.69 DIRECT FROM CANADA PACKERS fresh LOIN or S PORK *3.73 : <^Vn x WELCH'S PURE GRAPE JAM OR JELLY LARGE 500 mL JAR NO CENTRE CHOPS REMOVED WHOLE OR HALF r ja^y i ^)j , 4 eKE " 8 PORK SIDE RIBS l. RAGU PLAIN SPAGHETTI SAUCE 28 FL. OZ. (796 mL) JAR 2 JAR LIMIT ZBIRSTRSmT I FRESH-- COCO UZ3 -- y iDARIGOLD "SWEETHI i FRESHl^iauBQSUY.^ONJAFf 1 I CANADIAN M I „ 1.30 POBKHQCKS J91 IjügâS "SUNKIST" NAVELl ORANGES 1 JUMBO SIZE 56's tar YOUR OWN CASE PRICE 11.95 JUMBO SIZE "INDIAN RIVER" WHITE GRAPEFRUIT HUGE I TRUCKL0ADSI SIZE 27'el AT ONLY "3k 25 10 LIMIT * CLOVER CREAM OR SLVERWOOO'S "MEADOW GOLD" ICE CREAM HUGE 4 LITRE PAILI 2 PAIL LIMIT -IODUCT OF BRITISH COLUMBIA OR U.S.A. LARGE SIZE 80'S -- CANADA EXTRA FANCY GRADE ANJOU PEAKS nüJ YOUR OWN ■AO LB. SWEETHEART BRAND' MEDIUM 6 ÛQ CHEESE^ 3-33 rs-^ws^X m CANADA @ PACKERS CENTRE SLICED RINDLESS 500 g (17.6 OZ.) VAC 0k\ SIDE MUON ® :s r CANADA @ PACKERS ALL BEEF A REGULAR CSS WIENERS i | 450 g VAC PAC RAC QQt LIMIT f MAPLE LEAF BRAND ■ GOLDEN FRY • PURE PORK ar sjussGi 500 g TRAY PAcX 1.691 f CANADA g PACKERS MAPLE LEAF BRAND A O 00 POLISH - l *0.40 SAUSAGE' T DELI COUNTER^ ÏL49J f CANADA (g- PACKERS MAPLE LEAF BRAND 2-3 LB. VAC PAcX L439@mi.99] MmrjsBB urns ÜRÜ toBIN HOOD PUDDING CAKE a l ASSORTED VARIETIES ! il r PRODUCT OF CHILE SELECT YOUR OWN 1 I A |0 LARGE SIZE AA(! 10 NECTARINES .yr (A ^ TR55ÛCTÔFB!âÔRwÂsHlNGT5N^™^^ÂSEÔM5r^ CANADA EXTRA FANCY GRADE -- -- , RED OR GOLDEN DELICIOUS m HA RED OR GOLDEN DELICK 152 APPLES LB. IODUCT OF CALIFORNIA TRACTOR TRAILER LOAD SELECT YOUR CANADIAN FRESH WATER BRAND 2-3 LBS. AVG. WT. i FROZEN DRESSED LEMONS EA. roup ownA m ^ROdÜctÔ^IËxÏc^ - ORIGINAL BUNCHES GREEN ONIONS ; i •j 7Ü1 174 LIMIT l* PRODUCT OF MEXICO ONT. NO. 1 GRADE FILL YOUR LARGE SIZE GREEN PEPPERS I LB. I.Î3» ( COOKED IS HAM * T " U SLICED AT DEU COUNTER LB. TE!!ÊRm5Ës^lÜÂLÎTŸBRÂN^^^^ÙvÂhînÂn^^ "■LACK FOREST" ^ " - - ';!®k° J STYLE SMOKED * COOKED !' RTO LB. AVERAGE f NORTHLAND , I WINDSHIELD WASHER -- I ANTI-FREEZE ; l (OOOD TO MINUS 40 DEGREES) ' im&L, 991 "NVERA" -- WHOLE PICKLED 900 mL JAR I BABY BEETS,umt 99' ■HnwTujnsr AMOOTiDV/Mrnu MX!MATCH "3 1 MILK MATE 360 - nLi0 tt T K VlW-ASSOFBFUVOAS a urn 39 ■EnfiBgiS IM g box uei nrn GER " '*" TBM « ÛÛC HELPER***™ (Mm UMT «P9 j fim EXTRA DRT I ivmfflttmiwtDtoooiuMTiuwT 1.99 "LUX"0H 3lmT 31AM,Wg^ SHIELD BAR SOAP,, W| 99* I GILLETTE JOOmLOmYTW l 1.99 SUNUOHT LARGE 13 BOTTLE LIQUID DETERGENT 9 AQ FOKDMHM 2UM9T "■*», productufiTsT^^^^^^^^ioozTel^'ba^ SPINACH 79= WASHED A TRIMMED IN TORONTOI * W J 0 . kg PRODUCT OF ONTARIO LARGE mushrooms;. 3.28 FILL YOUR 5 LB. UMTT DUR OWN BAG X m j ,v V > PRICES EFFECTIVE UNTIL SATURDAY, FEB. 25/84. W. A.ierve The Right To Limit WEEKLY SPECIALS AVAILABLE MONDAY 9 A.M. - SAT. 10 P.M Oshawa-Durham Food Terminal H t r 1 ■ ^ . r