Monday, March 19, 2007

CRA Lottery

I don’t buy lottery tickets and I don’t gamble. Doing my taxes is as close as it gets to winning the lottery. Every year, I anxiously wait to find out how much we are going to get back. Today was a good day.

What are we going to do with our jackpot? Save it for next year, ah. Our accountant explained what is going to happen when we move in May. Among other things, we’ll have 60 days to either pay back the RRSPs borrowed as first time home buyers or pay taxes on it. Le joy.

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