Frequently Asked Questions
What Documents do I need to bring?
Personal Information
Your personal information (date of birth and social insurance number, address), as well as the information for your spouse/common-law partner and dependent children.
Income Documents
Income Slips such as;
- T4 Statement of Remuneration Paid
- T4A Statement of Pension, Retirement, Annuity, and Other Income
- T4E Statement of Employment Insurance and Other Benefits
- T3 Statement of Trust Income Allocations and Designations
- T5 Statement of Investment Income
- T5008 Statement of Securities Transactions
- T4A(OAS) Statement of Old Age Security
- T4A(P) Statement of Canada Pension Plan Benefits
- T5007 Statement of Benefits– Workers Compensation or Social Assistance benefits
Other Income
Tip and gratuities that are not already on your T4 or T4A
Rental income and expenses
Self-employment and associated expenses
Expenses & Credits
- Charitable donations
- Employment Expenses (Form T2200, completed by your employer)
- Medical expenses
- Moving expenses
- Receipts for childcare expenses
- Receipts for classroom/school supplies (teachers and early childhood educators)
- Student loan interest amounts
- Support payments made
- Tuition slips
- Union dues not included on your T4 slip
How can newcomers apply for GST/HST credit?
Newcomers should fill out an RC151 form upon arrival, stating their earned income during the last two or three years. Afterward, send the form to the related tax center to receive credits based on their reported income. This form should only be used by people without children. If you have children under 19, use form RC66.
Should I report my foreign properties?
You should report foreign properties worth more than $100,000 CAD if they are not for personal or vacation use. If you fail to report your foreign properties, it costs $25 per day for up to 100 days (minimum $100, maximum $2500). However, your foreign properties do not have to be reported in your first year of residency in Canada.
How are tuition payments used as tax credits?
Each year, you should record your tuition payments. These fees may be claimed in the same year or carried forward to the subsequent years. A maximum of $5000 of your credit can be transferred to your spouse, parents, or grandparents to deduct their tax obligations.
Can temporary residents receive child benefits?
Yes, if you live with a child who is under 18 years of age and you have lived in Canada for the previous 18 months, and have a valid permit in the 19th month you are eligible to receive Canada Child Benefit. You should fill RC66 and RC66SCH and send them to the related tax center.