Behind in Income Tax
December 14th, 2010 by Questions
I was thinking about doing a consumer proposal (I owe 26000 not including income tax) and I owe 2600 in income tax. Apparently my second careers counted as income and put me in the higher tax bracket when I was in school for two years. Would I be able to include the full 2600 in my consumer proposal? I also owe on propery tax but as i understand cant be included on the consumer proposal. Also, when i use the debt calculator, it only gives me 5 years. Can I do shorter?
Posted from: Ontario
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)