Scott, Joanna, Ryan

Summary of comments:
Cover letter wasnt printed because some slips could be missing
Scott
1) T3: FirstEnergy Capital Corp. didnt inserted in Taxprep the amended slip (page 6, 1.Slips,
2015.pdf). Included the Consolidated one, page 3.
2) T5: FirstEnergy Holdings Inc. is missing.
3) T5013: EnergyThree LP is missing.
4) DONATIONS: There is a donation of $5,000 for Alpine Canada Alpin. It is a duplicate receipt and
there is no name of contributor on it. Inserted in Taxprep, but we should ask for the official receipt.
5) DONATIONS: Rocky View School Division donation paid in 2014, but not claimed. Included it in
2015 donations form.
6) Schedule 3: Shares Sold spreadsheet provided by client (4.Other, 2015.pdf, page 1). To discuss
these transactions with client:
a) There arent any proceeds mentioned for Renewables disposition; this resulted in a $150,000
loss. The same transaction is then posted with a gain of $153,330.64. Only the transaction that
resulted in gain was included in Schedule 3. Please see the spreadsheet for details.
b) Additionally, there is a $100,000 Oil&Gas write off and a disposition of 50,000 Exploration
shares that are not included in the First Energy Capital Trading summary. Do we need any
official documents except for the excel spreadsheet provided by client that would confirm the
transactions from above.
c) For Drilling disposition mentioned in the Trading summary we need the Adjusted Cost Base. It
isnt included in the spreadsheet.
d) The commission of $9,798.05 paid on dispositions was included in Schedule 4, section III.
7) Schedule 3: The client is asking: Do I have any Capital Gain deduction (exemption) left?
8) T1135: Where from do we take the income amount?
9) Schedule 4, section III: For carrying charges used the previous year approach and put the total as
provided by client ($9,634.05). Please let me know if you want to change the approach and split it
into professional dues and others. Do we need the backup documents?
10) Schedule 4, section III: Do we need the backup documents for the Panorama Mortgage interest
income?
11)
Joanna:
1) 2014 T3 amendment (4.Other, 2015.pdf, pages 2-8). To discuss the impact in 2015.
2) Schedule 3, section 3: In the Trading summary of FirstEnergy Capital (4.Other, 2015.pdf, page 11),
there is a disposition of 12,970 Range Royalty shares that wasnt prepopulated by CRA in Taxprep.
Do we have the Adjusted cost base for these shares or we need to request it from client?
3) T5013 missing:
a) Brookfield Renewable Energy LP
b) Inter Fund Class A
4) We need the Foreign Asset Holdings Summary from FirstEnergy Capital in order to confirm the
maximum book value of foreign property during the year (slip T1135).
5) Any income from renting the property in Florida?
1)

Rachel:
DONATIONS: Can the donation of child be transferred to the parent?