Use this calculator when preparing a 2015 T1 Individual Income Tax Return ONLY if:
A. The taxpayer has T4 income from a corporation they control,
OR
B. The taxpayer’s main source of income is from self-employment.
To get these savings when the taxpayer is self-employed, enter the Aquilian Benefits deduction cost on the T1 schedule as described in the green section of the calculator. If incorporated, the cost will appear on the T2. For more information, see Suggested Practice for Tax Reduction through Medical Receipts.
Please send corrections and suggestions to eric@aquilian.ca.