Aug
8
Do you have to pay taxes on land that was sold as part of an Inheritance?
Filed Under Canada | 3 Comments
BayouGuy wrote:
I have four brothers. Our father gave us some land that he owned in another state. If we sell the land, which is part of our Inheritance, Do we have to claim the money as income and pay taxes on it? Each brother will receive a little over $15,000.
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I have four brothers. Our father gave us some land that he owned in another state. If we sell the land, which is part of our Inheritance, Do we have to claim the money as income and pay taxes on it? Each brother will receive a little over $15,000.
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Jul
27
Mami21 wrote:
I have recieved $250.00 a month for child support for my one child from her father who lives in the united states. We have never went to court, we have only agreed on an amount. How do I claim or enter this in my ontario tax return?
I have recieved $250.00 a month for child support for my one child from her father who lives in the united states. We have never went to court, we have only agreed on an amount. How do I claim or enter this in my ontario tax return?
I am not sure as to what to enter in these parts:
-Amount of support payments received from a resident of another country
-Income exempt under a tax treaty
-Amount of foreign tax paid
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