Tax Tip – File Your Return Before the Deadline: Last-Minute Tax Tips to Help You

OTTAWA (ON), April 27, 2022 /CNW/ – Canada Revenue Agency

Are you a last minute filer? If you are, you are not alone. Review the information below to simplify your tax filing experience.

The filing deadline for 2021 tax returns for most individuals is April 30, 2022

Since April 30, 2022 falls on a Saturday, your tax return will be considered filed on time if:

  • we receive it no later than May 2, 2022; or
  • it is postmarked no later than May 2, 2022.

You have until June 15, 2022, to file your income tax return if you or your spouse or common-law partner is self-employed. Please visit our Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations tax advice for useful information.

If you owe taxes to the Canada Revenue Agency (CRA), your payment will also be considered paid on time if we receive it or if it is processed at a Canadian financial institution, on or before May 2, 2022.

We offer several options so that you can pay immediately or set up a payment arrangement to pay your tax debt over time.

If you received COVID-19 benefit payments in 2020, filed your 2020 tax return, and met the requirements for interest reliefyou have until April 30, 2022, to pay any outstanding tax debt for the 2020 tax year and avoid future interest charges. This interest relief only applies to your taxes owing in 2020 and not to prior tax debt or other debts with the CRA.

COVID-19 Benefits

If you received CRA-issued benefits in 2021, such as the Canada Recovery Benefit (CRP), Canada Recovery Sickness Benefit (CSSR), and Canada Recovery Caregiver Benefit (CRCB), you should have received a T4A information slip. Residents of Quebec should have received a T4A slip and Relevé 1. For more information on COVID-19 benefits and T4A information slips, please visit our Did you receive a T4A slip from us? Here’s what you need to know tax tip.

Government of Canada T4A information slips Canada for COVID-19 benefits will also be provided online if you are registered for My Account and have full access.

Information from your T4A information slips, including COVID-19 benefits, is available when you use the Automatically complete my return service in certified tax filing software. This service automatically populates portions of an income tax and benefit return with information the CRA has on file at the time of the request. To use the service, you must be registered with My Account and have full access.

Avoid interruptions to your benefit and credit payments

It is essential to file your tax return before the deadline to ensure that you avoid any interruption in the credit and benefit payments to which you are entitled. It also ensures that you receive your refund on time, if applicable.

Get your refund faster and avoid delays by signing up for direct deposit and file your return online. Our Get ready to do your taxes The webpage contains information on online filing, deadlines and other useful links.

To save time, you should gather all your tax slips and supporting documents before you file your return. You can quickly view some of your slips online at My account. When you register for My Account, you can also update your personal information. This includes your address, marital status, direct deposit information and more! Save time and use My Account to update this information instead of calling us.

Important legal information

The bill which includes the improvement of the Eligible Educator school supply tax credit and the Fuel Charge Proceeds Refunded to Farmers Tax Credit did not receive royal assent. Once the legislation receives parliamentary approval, the CRA will process tax returns with these refundable credits.

Deposit possibilities

There are different ways to file your income tax and benefit return. You can deposit:

If you choose to file your return electronically on your own, there are a variety of NETFILE certified software products to meet your needs. Some software products are free.

To use your tax return information to authenticate you when calling the CRA, you will need an eight-character alphanumeric code NETFILE access code (NAC) before transmission. This unique code can be found to the right, below the review details area on the first page of your previous notice of assessment (AN). If you are registered for My Account, you can also use Autofill my return in certified tax software to retrieve your NAC.

Receive your notice of assessment

If you are registered with My Account, you can get your tax software certified. It will be available immediately after your return has been received and processed. This year, your express ADC is also available in My Account within the same time frame. Your NOA PDF will appear in My Account on the assessment date indicated on your express NOA.

Get free tax help

If you have a modest income and a simple tax situation, volunteers at a free tax clinic may be able to file your return for you. Free tax clinics are available in person and virtually. To find out if you qualify and to find a tax clinic, visit our Free tax clinics page.

Track the status of your return and refund

Utilize My account to quickly check the status of your return and refund online. You can also use it to view and manage other tax and benefit information. This includes your PDA, Tax-Free Savings Account (TFSA), and Registered Retirement Savings Plan (RRSP) limits and benefit payment dates.

For more information

If you are looking for more useful information, you can visit these pages:

You can also use these resources to find the information you are looking for:

  • Try Charlie the chatbot for quick answers to common questions. Charlie is on the CRA home page and many more from our web pages on Canada.ca.
  • Dial 1-800-959-8281. Telephone agents can help you, Monday to Friday, from 8 a.m. to 8 p.m.local time, and on Saturday, from 9 a.m. to 5 p.m. (local time), except holidays.
  • Call the automation Telephone Tax Information Service (TIPS). TIPS can help you all day, every day. Dial 1 800 267 6999.

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SOURCE Canada Revenue Agency

For further information: Media Relations, Canada Revenue Agency, 613-948-8366, [email protected]

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