Ways to file your taxes Part 2: Telefile for Seniors

by KD Professional Corp in Tax Advice Information and Updates

10

Feb

Seniors do not have to prepare their tax returns in order to use the Telefile Service for Seniors. Using a touch-tone phone, clients need only identify themselves and answer some yes/no questions. For more info - http://www.cra-arc.gc.ca/esrvc-srvce/tx/ndvdls/tlfl/snrs-eng.html

PROS: very convenient for seniors

CONS: limited to taxpayers over 65 years old w/ taxable income of less than $11,000 or $16,000 if taxpayer is entitled to disability amount

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KD Professional Corp

KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada. Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.

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