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For most individuals, the deadline to file their 2018 tax return and to pay any amounts due is April 30, 2019.For the self-employed: For those who are self-employed or who have a spouse or common-law partner who is self-employed, the deadline to file your 2018 tax return is June 15, 2019. But since June 15, 2019 is a Saturday, the CRA will consider your tax return filed on time if it is received or postmarked no later than June 17, 2019.Even if you are self-employed and not required to file your tax return until June 15th, you must pay any amounts...
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There are a number of types of income that are not taxed. These amounts do not have to be reported as income on your tax return. 1. Any GST/HST credit and Canada child benefit payments, including amounts from related provincial or territorial programs;2. Child assistance payments and the supplement for handicapped children paid by the province of Quebec;3. Compensation received from a province or territory if you were a victim of a criminal act or motor vehicle accident;4. Most lottery winnings;5. Most gifts and inheritances;6. Amounts paid by Canada or an allied country for disability or death due to war service;7....
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What are the types of income you MUST report on your tax return?There are 4 general types of income that you must report on your tax return. 1. Employment and self-employment income: You are required to report income related to your employment and self-employment. This includes commissions, foreign income and other employment income not shown on your T4 such as tips and gratuities. . 2. Pension and savings plans income: You are required to report all your pension and savings plan income including income from old age security pension, CPP and RRSP. 3. Investment income: You must report your investment income...
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Tax slips are prepared for you by your employer, payer or administrator. You should expect most of these tax slips and receipts by the end of February. Tax slips such as the T3 and T5013 slips will be sent out to you by the end of March. So what are the tax slips that you need before you can file your tax return? The general categories of tax slips that you should collect (if it applies to you) before filing a tax return are:- T4 slip: This tax slip is a summary of your employment earnings and deductions for the year....
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