The due date for filing your income tax return and paying any related tax balance due is April 30, 2024.Filing before this date will avoid having any of your benefit and credit payments interrupted or stopped.
At Alleyne & Associates we are here to help with the details.
Put together your tax information
If you are employed or have investment income your employer or financial institution will send your statements commonly referred to as ‘’slips’’. Here are some common examples:
- T3 Statement of Trust Income Allocation and Designations
- T4 Statement of Remuneration Paid
- T5 Statement of Investment Income
SEE LIST OF DOCUMENTS FROM TAX CHECKLIST
As per Canada.ca ,if you received Canada Emergency Response Benefit (CERB), Canada Emergency Student Benefit (CESB), Canada Recovery Benefit (CRB), Canada Recovery Sickness Benefit (CRSB), or Canada Recovery Caregiving Benefit (CRCB) payments, these are considered taxable income. You will need to file, and enter the total amount you received on your return. For any such payments, you will receive a T4A (for benefits issued by the CRA) and/or a T4E (for benefits issued by Service Canada) tax slip in the mail with the information to enter on your return.
You can view tax slips online as of February in My Account See blog post on how easy guide to login to CRA account
www.canada.ca/en/services/taxes/income-tax/personal-income-tax/doing-your-taxes.html