Paper Organization Checklists

The following Confidential Documents Checklist identifies the documents we can shred for you during our annual Spring Clean.

Confidential Documents Checklist

  • Keep tax records for *1994 and the last 7 years (2010-2017).
  • Complete the checklist here and have your answers emailed to you when you hit the submit button. Or if you prefer, print out this page and fill in your answers by hand.



  • *Did you sell or are you planning to sell capital property you've owned since 1994? If so, it is important to keep your tax documents for that year. Prior to 1994, the Canada Revenue Agency (CRA) allowed a cumulative capital gains exemption of $100,000. If the $100,000 was not used, taxpayers were entitled to file a T664 form with their 1994 personal income tax return to utilize the unused portion and revalue the cost base of their property. If you do not have a copy of your 1994 income tax return, you can contact CRA and they will inform you if you filed the T664 form. Upon sale of the property, your tax preparer will need to know if the election was applied and what assets to factor into the capital gain calculation.
 

Verification

 

While you’re reviewing your confidential documents, you might want to toss some other paper too.

Paper You Can Toss Immediately

  • Complete this checklist (created by Andrew Mellen) and provide your email address if you would like your answers emailed to you when you hit the submit button. Or if you prefer, print out this page and fill in your answers by hand.



 

Verification