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UfileNewUser

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  1. Hi LiseL, If the total cost of a condo property is $400000.0, and the ownership ratio is 10%:20%:70%, in the CCA column "the opening balance of the undepreciated capital cost", should I enter $40,000.0 on the first owner's tax return, $80,000.0 on the second owner's tax return, enter $280,000.0 on the third owner's tax return, or enter $400000.0 on each owners' tax return? Thanks!
  2. Dear UFILE, I am an adult now, have a job and live with my parents. Can I still file my tax return as a dependent of my parents? My 2021 income is about 36000. Am I entitled to some tax benefit/deductions for living with my parents? Thanks
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