QUOTE(ronnie @ Apr 5 2011, 11:10 AM)
People are getting their refunds via cheque or direct bank-in already for those early bird users of E-Filling.
Do I need to do anything for them to refund? All these while I thought it can be credited into the following year.

This is my first time with overpaid tax.
Oh and I used e-filling. Did it last month around 2nd week of march.
QUOTE(takr @ Apr 5 2011, 04:31 PM)
Rental income need to declare right? What if the property is shared with 2 person, e.g. the property under myself and wife's name, and financed under both our names..
How to declare? Can split 50-50 or declare under single person name??
My parents is exactly the same scenario. When I do the income tax for them, I get the total rental income for the year and deduct all the expenses for the year. Then the net income divide it by two. Type it nicely, print it and keep it for file.
This post has been edited by munkeyflo: Apr 6 2011, 09:07 PM