Information

 

Tax Return 2018

Slips & Information

Most commonly needed to prepare T1 Income Tax Returns for 2018

  • Name, date of birth and SIN (Social Insurance Number).
  • Mailing address with postal code and telephone number.
  • Information about sale of principal residence in 2018.
  • All Income Slips
EXAMPLES
T4 Employment
T4E Employment Insurance
T5007 Social Assistance, Workers Compensation, GAINS
T5 Investments (Banks, etc.)
T4A(P) Canada Pension Plan
T4A (OAS) Old Age Security
T4A Other income
T3 Trusts, other investments
  • Information about other income (babysitting, tips, casual employment, foreign, etc.)
  • All medical receipts from year 2018 and 2017 unused in previous return.
  • Transit receipts for seniors (65+).
  • Cost of education (T2202): Universities, Colleges, Trade courses and Truck driving courses etc.
  • Interest paid on Student loans.
  • Cost of teaching supplies of eligible educators.
  • Charitable donations receipts from the last 5 years, previously unclaimed.
  • Information about property tax or rent paid last year (amounts, addresses, names of landlords).
  • RRSP contributions and withdrawals: official slips for Income Tax Purposes.
  • Childcare expenses receipts (for kids ages under 7 max $8,000, ages from 7 to 16 max $5,000). Receipts should include names, SINs, and signatures of babysitters.
  • Individuals supporting spouses overseas need confirmations of sufficient financial support sent last year.
  • Information about house purchase made in 2018 by first-time buyers and persons eligible for disability amount.
  • Home accessibility expenses incured by a senior or a disabled person.
  • To establish Direct Deposit for your refunds, federal and provincial credits and benefits, we need a void cheque or direct deposit information from the bank for the account to which refunds are to be transferred.
    ***We strongly recommend Direct Deposit***
  • All Notices of Assessment or Reassessment received from the CRA last year.
  • Self-employed persons, subcontractors or individuals with rental income should have totals of the following categories prepared for an appointment:
  • revenue from each enterprise totaled separately
  • separated expenses of each enterprise:
  • purchases for resale, materials;
  • supplies and tools;
  • utilities (internet, telephone, etc.);
  • subcontract expenses;
  • office expenses and supplies;
  • advertising, promotion (ads, gifts, etc.);
  • meals and entertainment (restaurants, sport events etc.);
  • cost of maintaining each vehicle used to earn income
    (fuel, repairs, insurance, washes, parking, tolls);
  • copies of purchase or lease agreements of all capital outlays or investments (vehicles, equipment, real estate etc.);
  • any letters, forms or correspondence from and to CRA and WSIB
  • GST/HST return form
  • Attention construction related businesses:
    information about your subcontractors (names, BNs or SINs, addresses, and amounts paid during the year are required for the T5018 report).
  • All other documents that may be related to your 2018 Income Tax Return.

Above list includes only most commonly required information and documents. Should you have questions regarding your situation, please call our office:
416-251-5749

2019
Important Dates

February 28
By this date all income information slips should be mailed to you (by employers, banks, investments companies etc.).

March 1
Deadline to make 2018 RRSP contributions.

March 31
By this date some of the investment income information slips should be mailed to you (T3, T5013, T5013A).

April 30
Deadline to file last year’s income tax return for most taxpayers, to avoid penalties and interest.

April 30
Deadline to pay tax owing for last year to avoid interest charges (including self-employed).

June 17
Deadline to file last year’s income tax return by self-employed individuals and their spouses to avoid penalties.

Links

Canada Revenue Agency
For Federal Income Tax, GST/HST, CTB information.

Government of Canada – Make a Payment

Employment and Social Development Canada
For information concerning seniors, disability, retirement pensions, children and families.

Government of Canada
For broad spectrum of information about immigration, business, health, taxes and others.

Service Canada
For Programs and Services for you.

Ontario Ministry of Finance
For Ontario Corporate Tax, RST, EHT information.

Government of Ontario
For business name registration and related information.

Workplace Safety and Insurance Board of Ontario

Ontario Ministry of Labour
For occupational health and safety, employment rights and responsibilities, and workplace standards information.

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