Submitting receipts later
May 28th, 2011 by Questions
I am going to be declaring bankruptcy. It is my understanding that the bankruptcy will take all refunds I have owing on my past 5 years of unsubmitted and unrefunded taxes. I am on disability and money is very tight. When things were a bit better I had private health insurance. It used to be a significant portion of my refund. I am wondering if when I give in my income tax info to the bankruptcy people if I were to leave out the insurance receipts, whether I could go back and claim those at a time when I could legally have the refund that would be the result of those receipts. I realize this may not be ethical to hold back the receipts but is it illegal? I am, after all submitting them, just later. I believe one can go back and submit to Revenue Canada things “missed” in past income taxes?
Posted from: Ontario
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