af Page 50, March 21, 1979 - North Shore News after I have filed my income tax return? ANSWER: All records must be kept until written permis- sion to destroy them is received from the Taxation Department. This would involve writing to your District Taxation Office stat- ing what records you wish to’ destroy, the years involved, and your reason for wishing 1o destroy them. each, provided their net _income was not. over.$1,690. If their net income was more than $1,690! but not more than $2,530, ycu may claim $840 less the -~ unt excess of 51,69 <" However, you must sub-- stantiate your claim with documentary evidence and complete form T1E-NR. Your receipts must show your - name and address and that of your dependent. Canadian Postal Money Orders, Bank money orders QUESTION: I rent the top floor of my house. What expenses can I claim? ANSWER: Schedule 7 * of your Income Tax Return Package outlines some of the allowable expenses. You must first include the amount of rent you receive, and then you may claim the expenses you incurred to earn that rent ‘as deductions. Those expenses that relate specifically to the rented part may be claimed in full, but those relating to, the building as a whole. (e.g., taxes, insurance) may only be claimed in the proportion that the rented part is of the whole building. See Items 14, 14A, 14B and: 15 of your 1978 Tax Guide for further details. QUESTION: Is United States or other foreign pension taxable? ANSWER: You must report this on your tax form. You may also be entitled to a foreign tax credit if you paid taxes on this pension in the foreign country. See Item SIE of your 1978 Tax Guide. QUESTION: My wife and I both receive United States - €ancelled cheques photocopies) payable to and negotiated by the dependent , are acceptable as receipts. Social Security Pensions. “ is is my wife’s only income. Last year it amount- ed to about $700. 1 know that it must be reported as income in Canada but does It qualify for the pension Income deduction? _ ANSWER: Yes. The United States Social Security Pen- sion qualifies for the pension income deduction. As the pension is your wife’s only income, she is not taxable, therefore her pension also qualifies as an ‘‘eligible deduction transferred from spouse’’ on your return. Her income must also be taken into consideration when cal- culating your personal exemptions. QUESTION: My parents are old and live in Europe. | support them by sending clothing or moncy from time to time. What excmption may I claim for them? ANSWER: If your parents are dependent on you be- cause of a physical or mental infirmity, you may claim the actual amounts you spent on them to a maximum of $840 Support in the form of parcels is--unacceptable un- less you provide receipts from private agencies en- gaged in the business of transferring money or goods to persons abroad. Claims | supported by statements that cash was sent in the mail or given while on a visit are not acceptable. QUESTION: What is a roper’” receipt? ANSWER: A ‘‘proper’’ issued by an organizatrion for income tax purposes. Photocopies and cancelled cheques are not normally -accepted by the Department as proper receipts. ‘Here are some examples of claims reqyiring receipts: *® Registered Retirement Savings Plan -_ interim receipt is unacceptable. ¢ Registered Home Owner- ship Savings Plan - interim receipt is unacceptable. ® Union dues - ‘Annual dues only’’ - receipts should indicate what the dues are for. ® Medical expenses - re- ceipts should show the patient's name ‘‘and date of payment’’; cancelled che- ques are unacceptable. ¢ Charitable donations receipts must indicate the registration mumber of the charitable organizations. *® Tuition fees receipts inust’ indicate what was covered by the fees and the school year attended. Failure to enclose proper receipts for claims will result in delays in processing your return. QUESTION: Who Is cligible to claim the employment tax credit? ANSWER: Employers who have concluded an = aprec- ment with the Employment and Immigration Commis- sion for hiring additional persons for cfigible work would normally qualify for this credit. For more information see Guide Item S55. in; or drafts, . (not — re-. ceipt is the official receipt — oti & cleer nar balitine treble. Speckers STEREOS, SPEAKERS & TURNTABLES Se 5166" BELL & ROWELL SPEAKERS A408. AX-32 or $ 7 2 8 88 CLEARANCE PRICE, Pr. SUPERSCOPE AM/FM STEREO RECEIVERS $ 8a a id D4 pol MODEL 1240 $ 7 48 ** CLEARANCE PRICE POCKET SECRETARY MODEL V-916 SONY AM/FM STEREO RECEIVER Mode! 7013 $ e* GARRARD TURNTABLE Model GT-10 SANYO AM/FM PORTABLE Model 7330 CLEARANCE PRICE ELECTRONIC CLOCK RADIO Model J-274 TENCO STEREOS HEADPHONES Model TE-8950 LLOYD'S MIRI CASSETTE $ Be CLEARANCE PRICE Te CLEARANCE PRICE 5g. 88 CLEARANCE PRICE 4 with CB MONITOR 329" LLOYD'S AM/FM DIGITAL CLEARANCE PRICE CLEARANCE PRICE $q%s CARL WETZLAR Prices effective through Sunday, March 25th, While _ Quantities Last! Shop early, Some items in Limited Quantities! .. CANDLE AM/FM STEREO CASSETTE RECORDER | with Bullt-in Condenser Microphone Automatic level control system. Automatic stop at end - af tape. AC/DC operat plete portability. Built-in telescopic - antenna, mic & | heedphone jocks. - Complete with batreries & power &8 . cord! Model JTR 1221. = 8 8 ration for com: CLEARA NCE PRICE et $269" CANON TX is with Case CLEARANCE PRICE _ NIKON F2A CHROME BopY Lens not Included. S598 CLEARANCE PRICE KONICA T3N some £/1.1 CLEARANCE PRICE KONICA T3N CUSTOM CASE CLEARANCE PRICE , 572" MINOLTA 110 ZOOM SLR CLEARANCE PRICE 57 938° MOVIE CAMERAS & PROJECTORS BELL & HOWELL LOW LIGHT ZOOM MOVIE CAMERA Aapeed saom Model Z143KL CLEARANCE Price 57 9 B* BELL & HOWELL “MACRO 8” SOUND MOVIE CAMERA with 8 POWER ZOOM Modet 1238. $ gee BELL & HOWELL DUAL 8 MULTI-MOTION PROJECTOR Model 1460-2 ~ nana 58% _ 135mm £/2.8 : Cgnon, Konica or MAXINGON 200mm £/3.3 Konica or Minolta mount. PHOTO & SOUND EQUIPMENT | - MAMIYA NC-1000S Minolta mounts. CLEARANCE PRICE s7gB* MAXINON 135mm f/2.8 Olympus or Universal mount. CLEARANCE PRICE +68 CLEARANCE PRICE MAKINON 200mm £/3.3 98 ores OB MAKINON 80 - 200mm 200M mar 178" CLEARANCE PRICE MAKINON 35 - 105mm MACRO Pentax XK. Minotta, Konkaor ¢ 7 9, Bes Olympus mounts. CLEARANCE PRICE MAXINON 35 - 105mm wey 88 Universal mount. CLEARANCE PRICE 188 BELL & HOWELL 28mm {/2.8 Minolte or Nikon maunt. $ 6 8&8 CLEARANCE PRICE BELL & HOWELL 135mm f/2.8. Thread mount. 8s CLEARANCE PRICE BELL & HOWELL 135mm‘*/2.8 Minolte, Conon or Nikon mounts. + CLEARANCE PRICE BELL & HOWELL 200mm f/3.3 ANikon, Canon or thread mounts. CLEARANCE PRICE VIVITAR 76-205mm zoom Olympus, Nikon, Minotte or '32 3 8* Thread mounts. CLEARANCE PRICE DURST 50mm COMPONAR ENLARGER Model M-301 amare ISAS _HOME MOVIES ASSORTED SUPER 8 DISNEY SOUND MOVIES inna" Slee VANCOUVER SOUVENIR FILMS 5% Contre, Tall Ships, Stantey Park, ofc. CLEARANCE PRICE PERSONAL SHOPPING ONLY « SORRY NO PHONE, €.0.0, OR MAIL ORDERS 21st & LONSDALE STORE ONLY