(Montreal) There are only two weeks left for taxpayers to send in their tax return. According to the Canada Revenue Agency, already more than 13 million tax returns have been received to date, but more are expected to be received in the coming days.
Posted at 4:42 p.m.
Canada Revenue Agency spokesman Karl-Philip Marchand-Giguère says these are normal timelines. He indicates that a little more than two thirds of the federal declarations remain to be obtained.
This year, taxpayers have until May 2, 2022 to send in their tax return since April 30 is a Saturday. The deadline is June 15 for the self-employed.
The deadline for paying taxes is May 2, 2022.
Mr. Marchand-Giguère stresses that it is important to submit your declaration before the deadline to avoid delays in the benefits or reimbursements to which people are entitled. “The faster it is delivered, the faster it is processed before the final large volume. You can expect to receive refunds faster if you submit it in advance,” he says.
People who have received COVID-19 related payments from a federal, provincial, or territorial government, such as the Canada Recovery Benefit (CRB), the Canada Recovery Sickness Benefit (CRSB), or Canada Recovery Caregiver Benefit (CRCB), should have received a T4A information slip with instructions on how to report these amounts. “It is very important to add them to your taxable income,” says Mr. Marchand Giguère.
In addition, the declaration of work-at-home expenses is back for a second year. There is a flat rate method, which involves deducting up to $500. Last year the maximum amount was $400.
“It’s easier for those who don’t have the ability to do the long method, where there’s a square foot calculation that needs to be done and multiple documents need to be provided to prove home usage,” says the spokesperson.
He points out that people who are eligible can apply for assistance from the Tax Assistance Service – Volunteer Program, a joint program with Revenu Québec. “You can receive help to prepare your declaration, to submit it and to know what credit you are entitled to,” informs Karl-Philip Marchand Giguère.
He invites the public to call the Canada Revenue Agency for any questions. Opening hours have been added on Saturdays. You can call 1 (800) 959-8281 Monday through Friday from 8 a.m. to 8 p.m. and Saturday from 9 a.m. to 5 p.m.