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This form asks the questions we need to properly address your individual needs for filing you personal tax tax return(s)
Frequently Asked Questions
How many years can you go without filing taxes in Canada?
According to the CRA, a taxpayer has 10 years from the end of a calendar year to file an income tax return. It is not reccommended to wait this duration as the longer you go without filing taxes, the higher the penalties and potential prison term.
Where can I ask tax questions Canada?
Here! With our team! Or contact the Canada Revenue Agency directly.
Can you file two years of taxes at the same time?
In short: yes, you can. You will need to file the income from each year, but separately. A tax return must be created and submitted for each year of income that you need to report.
What is the minimum income to file taxes in 2019?
Generally you must file a federal income tax return if your unearned income (such as from ordinary dividends or taxable interest) was more than $1,050 or if your earned income (such as from wages or salary) was more than $12,000.