2000 PERSONAL INCOME TAX RETURN CHECKLIST

INFORMATION REQUIRED INCLUDES:

1. All information slips such as T-3, T-4, T4A, T4A(OAS), T4F, T4PS, T4RIF, T4RSP, T4U, T-5, T-10, TFA1, T101, T600, CTB, T5003, T5013, T5018 (Subcontractors) and corresponding provincial slips.

2. Details of other income for which no T slips have been received such as:

• other employment income (including stock option plans),
• business income,
• partnership income,
• rental income,
• alimony, separation allowances, child maintenance,
• pensions,
• interest income earned but not yet received - example Canada Savings Bonds, Deferred Annuities, Term De-posits, Treasury Bills, Mutual Funds, Strip Bonds, Compound Interest Bonds
• professional fees,
• director fees,
• scholarships, fellowships, bursaries.

• employment related expenses - Provide Form T2200 "Declaration of Conditions of Employment",
• interest on money borrowed to purchase investments,
• investment counsel fees,
• moving expenses - including costs of maintaining a va-cant former residence,
• child care expenses,
• alimony, separation allowances, child maintenance,
• safety deposit box fees,
• accounting fees,
• pension plan contributions,
• film and video production eligible for tax credit,
• business research and development.

• real estate or oil and gas investments - including finan-cial statements,
• labour-sponsored funds,
• registered education savings plans.

• Registered Retirement Savings Plan contributions (note that eligible foreign content is increasing from 20% to 25% for 2000 and 30% for 2001),
• professional dues,
• tuition fees - including mandatory ancillary fees, and Form T2202,
• charitable donations,
• medical expenses (including medical related modifica-tions to new or existing home),
• political contributions.

7. Details of previous capital gain exemptions claimed, busi-ness investment losses and cumulative net investment loss accounts.

8. Name, address, date of birth, S.I.N., and province of residence on December 31, 2000.

9. Marital/common-law status and spouse's income, S.I.N. and birthdate.

10. List of dependents - including their incomes and birthdates.

11. If one of your dependents was in full time attendance at a college or university, details concerning name of institution, number of months in attendance, tuition fees, income of de-pendent, Form T2202.

12. Are you disabled or are any of your dependents disabled? Provide Form T2201 - disability tax credit certificate. This also includes extensive therapy such as kidney dialysis and certain cystic fibrosis therapy. Also, the transfer rules are broadened commencing in 2000 to include relatives such as brothers, sisters, aunts or uncles.

13. Details regarding residence in a prescribed area which quali-fies for the Isolated Area Deduction.

14. Information regarding child tax credit receipts.

15. Details regarding RRSP - Home Buyers' Plan withdrawals.

16. Receipts for 2000 income tax installments or, payments of tax.

17. Copy of 1999 personal tax returns, 1999 Assessment Notice and any other correspondence from Revenue Canada, Taxation.

18. 2000 Personalized Tax information which Revenue Canada may have sent you.

19. Do you want your tax refund or credit deposited directly to your account in a financial institution? Yes/No.
To start direct deposit, or to change banking information, attach a "void" personalized cheque or your branch, institution and account number.

20. Details of carry forwards from previous years including losses, donations, forward averaging amounts, registered re-tirement savings plans.

21. Details of foreign property owned at any time in 2000 in-cluding cash, stocks, trusts, partnerships, real estate, tangible and intangible property, contingent interests, convertible property, etc..

22. Details of income from, or distributions to, foreign entities such as foreign affiliates and trusts.

23. Details of your "Pension Adjustment Reversal" if you have ceased employment after 1996 and were in a Registered Pen-sion Plan or a Deferred Profit Sharing Plan. (T10 Slip)

24. If you provided in-home care for a parent or grandparent (including in-laws) 65 years of age or over, or an infirm de-pendent relative, a federal tax credit is available if the de-pendent's net income is less than $14,047.
Also, the caregiver may claim related training costs as a medical expense credit.

25. Individuals carrying on a business may deduct amounts paid for Private Health Service Plan coverage.

26. Alternative Minimum Tax paid since 1994 on RRSP contri-butions will be refunded.

27. Interest paid on qualifying student loans is eligible for a tax credit.

28. Retroactive lump-sum payments
The 2000 Federal Budget proposes that individuals receiving qualifying retroactive lump-sum payments over $3,000 after 1994 be allowed to use a special mechanism to compute the tax.

Eligible income sources include:

(i) Income from an office or employment or because of the termination of an office or employment;

(ii) Superannuation or pension benefits, other than non-periodic benefits;

(iii) Spousal or child support amounts;

(iv) Employment insurance and other benefits that may be prescribed.

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