Download Form - Every individual resident in Canada, for tax purposes, has to file T1 Federal Personal Tax Return every year. The reporting is based on the calendar year, and the filing deadline is April 30th of the following year. You need to report your world-wide federal income tax based on the calculation Schedule1. In addition, you also need to file a Provincial income tax return based on the residency of your province.
Download Form - When you file your T1 Canada Federal Personal Income Tax Return, it includes ON428, which calculates your provincial income tax payable filed automatically with your T1.
Download Form - You report the various tax credits that you are entitled to claim in Ontario on form ON479.
Download Form - As opposed to the rest of Canada, You need to file your Quebec Personal Income Tax separately and pay taxes in Quebec. The form TP-1 calculates your income tax liability based on the income reported on your T1 and allows you to avail of credits and exemptions as per the Quebec income tax regulations. This return must be filed in french only.
Download Form - All self-employed individuals need to file T2125 with their T1 return form T2125 reporting their gross revenue and expenses and pay income tax on the net income.
Download Form - You need to report your gross rental receipts and expenses related to these receipts on T776 and file them with your T1 General Income Tax and Benefit Return.
Download Form - If you move due to a change of employment or change in the place of business, you can claim your moving expenses and you need to report this on T1-M.
Download Form - You can claim your employment-related expenses by filing T777. You need your employer to sign the Declaration of Employment form T2200.
Download Form - If you are a member/minister/priest of a religious body, You can claim your Clergy Residence Deduction on T1223.
Download Form - You report your child care expenses on T778and it is tax deductible.
Download Form – You may require to file T1134 if you own shares of a foreign entity or an ownership interest in a foreign entity. You need to file this by the due date, failing which or failing to provide proper information may attract a penalty. The least amount of penalty is $25 per day to a maximum of 100 days in a year, plus other interest and penalties as applicable.
Download Form - If you own any time during the year more than $100,000.00 property outside of Canada, you need to report this on T1135 and the related income for these properties. You need to file this form by the due date otherwise the least penalty is $25 per day to a maximum of $2,500.00per year, plus other interest and penalties as applicable.
Download Form - You can claim Foreign Tax Credit for taxes paid in Foreign Countries where Canada has a tax treaty. You need to complete and file T2209 with your T1 income tax return.
Download Form - You contribute to your RRSP to differ your income tax liability to future years. However, the maximum amount that you can contribute in a year is limited to the room that is mentioned on your Notice of Assessment. If you contribute over the limit, you need to file T1-OVP, and you may also be liable to pay a penalty.
Download Form - You need to complete 5000-S14 to claim your Climate Action Incentive, refundable tax credit that you may be entitled to.
Download Form - If you exceed your TFSA contribution limit, CRA will penalize you. It is good idea to maintain this worksheet and you may also be able to find out any differences with CRA for the balances mentioned on your notice of assessment.
Download Form - You must inform CRA by the end of the following if your marital status has changed. If you are separated you have to wait until 90 days before you inform CRA.
Download Form - You may be eligible to claim lifetime capital gain exemption in Canada, you report your deduction on T657.
Download Form - If you are disabled, you can claim a "Disability Tax Credit" on your T1 personal income tax return. In order to claim your disability tax credit, you need to file T2201 and obtain a "Disability Tax Credit Certificate" for CRA.
Download Form - If you supported a disabled person, you could claim your disability support amount on your tax return by providing information on Form T929.
Download Form - Mainly for newcomers to Canada, if you have a child, you should apply for Child benefits within certain days.
Download Form - All Canadians paying qualifying income to a non-resident of Canada need to deduct withholding tax at the prescribed rate. You need to report all amounts paid to non-residents of Canada and the amount of tax withheld.
Download Form - You can elect to split your pension income with your spouse and report this on T1032.
Download Form - All Canadians paying qualifying income to a non-resident of Canada need to deduct withholding tax at the prescribed rate. A non-resident can apply on NR5 to CRA for a reduced withholding tax rate.
Download Form - You need to file Non-Resident Ownership Certificate for the tax withheld no tax withheld by the deadline.
Download Form - You can request CRA to determine your residency status in Canada for tax purposes. From the day you become a resident of Canada, for tax purposes, you need to report your worldwide income on your Canadian tax return. If you paid taxes in a foreign country, you might be eligible to claim a foreign tax credit if Canada has a tax treaty with that foreign country.
Download Form - You can request CRA to determine your residency status in Canada for tax purposes. This determination helps you know your tax obligations in Canada after you have left.