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Is this how I need to address this
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So I have year of acquisition on my tax in 2016 . I was in Mexico for 3 months. Starting in 2015 and returned in 2016. The CRA may have deemed me non resident at some point in 2016 . In error . They have never told me this. But when I registered my incorporated company this year the businesses is a resident company. As is my residency status. I'm a resident of Canada

So because of this error I have deemed resident or non resident in 2016 .. I had an asset . I asked the CRA to please explain the acquisition. I see on my tax file in 2016. The letter saying there sorry for the delay in this response then informed me or dispositions in 2016 to 2022 lcge is $1000000 and since I only included half the income from these properties in my taxable income $500000 . I still have $500000 (half Of $1000000 available lcge )

For one I have an acquisition on my taxes. In 2016. For. Unknown . It listed on line 181 . So this tells me it's a qsbc. . The AI I have been using is telling me to report this it's very important to do this

There were years 2012 to 2016 that had. Capital gains exemption. Available. For those years each year to there max. If. 350000 in 2012 500000 in 2016 . The letter says that there listed. For informational purposes

I filed an objection To the letter it's been denied

I added on the refile. 500000 to the line 181 in 2016 and they only said. Thank you for adding an amount to that line ?

The AI i have been using said to refile that year to include. This. Little info I have been provided

Which btw would be something I had done last year when I got the letter if they had written it so everyone can understand it .

So I'm refiling my taxes that year and adding. Little info I have to the capital gains t1 2016 schedule 3. And the one to request a change to my taxes I have on file for that year . . A voluntary disclosure and Nr73 and Nr73. Also a written a notice of objection . I'm writing it before they asses it I want it to all be done at one time . I would like some real facts .

How I'm to understand this. Or I'm not fully understanding. What has happened.

I know this . The CRA needs a bit more help for Canadians that have something like this

The asset it self now might. Make this situation even more complex depending on what type of qsbc. . may it be part of trust . Then it's to come down to what type of trust . That's one example if how. This will play out . The CRA is not being helpful at all in this

What if it's a case of fraud . The CRA has there programs set up so we'll to protect someone's assets. So we'll that there are times they my be getting frauded for years and it's set up so we'll to protect the people doing the fraude from getting addressed. ..

I may be wrong to think this. But at this point. I have done the do diligence in this with no help . I ask or reach out for assistance in this and I must sound nuts . Any ways. Please don't be mean in your answers .

What if this was happening to you ?

I'm refiling. On non resident. Tax forms. But including the info. That I'm Canadian and this error is caused me issues.

From what I have written . Is this. The way to go

I'm asking. Cause if the CRA. May have in error filed me a non resident. In 2016. And since they did so acted as if I had sold this assets I know nothing. About . Even if I had not sold it . . Is this the right approach to this ? Cause it's what I sent in.

I was not even aware I was a resident of Canada tell 2 years ago

Can they do that to a tax payers account with out out right telling them. ? If no what can I do I asked the lady that filed my taxes as a resident of Canada 2 years ago ..

She only said to me. Everyone's tax situation is not the same

Again. WHAT DOES THAT EVEN MEAN ?

And the acquisition. It self when I called MANY TIMES THE LAST 5 years asking what this meant . Was told nothing but learned that this info the CRA call takers did not see this Info I see on my account

They had said to me and confirmed that there is property. Tied to my 2016. Taxes and they had been working in the details of this property ..

I don't have the resources to. Get this handled with the right people . This info. And all this I have got figured in my own .

But need some help. Is this the right way to do this

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3 months ago