Tax Filing Season Begins, and Other Notable Milestones Coming Soon!

February:

• Feb 1: Retroactive claims for Canada Emergency Sickness and Caregiving Benefits can be made for Periods 65 forward
• Feb 1:  Canada Worker Lockdown Benefit (CWLB) – retro claims for Periods 9 (Dec 19 start) to Period 17 (Feb 19) still available
• Feb 5:    Claim for Canada Recovery Sickness and Caregiving Benefits Period 71
• Feb 12:   Claim for Canada Recovery Sickness and Caregiving Benefits Period 72
• Feb 18:  CCB Payment
• Feb 19:Claim for Canada Recovery Sickness and Caregiving Benefits Period 73
• Feb 20:  Claim for Canada Recovery Sickness and Caregiving Benefits Period 74 and CWLB Period 18
• Feb 24: Apply, amend or increase CERS, CEWS and CRHP claims for Aug 1 to Aug 28, 2021 (CERS Per. 12, CEWS & CRHP Per.19)
• Feb 27:  Claim for Canada Recovery Sickness and Caregiving Benefits Period 75 and CWLB Period 19
• Feb 28:  T4, T4A, T5 Slip filing deadline, receive enrollment notice if RRSP LLP withdrawal made in the prior year
• Assemble self-reported casual income from tips, casual employment, no-slip interest income, receipts for discretionary deductions and credits

March:

• March 1:  RRSP contribution deadline,
• March 6:  Claim for Canada Recovery Sickness and Caregiving Benefits Period 76 and CWLB Period 20
• March 2:  Reconciliation deadline for claiming child care
• March 12: Claim for Canada Recovery Sickness and Caregiving Benefits Period 77 and CWLB Period 21
• March 15:  quarterly tax instalment deadline
• March 18:  CCB Payment
• March 20: Claim for Canada Recovery Sickness and Caregiving Benefits Period 78 and CWLB Period 22
• March 24:  Apply, amend or increase CERS, CEWS and CRHP claims for Aug 29 to Sept 25, 2021 (CERS Per. 13, CEWS & CRHP Per.20)
• March 27: Claim for Canada Recovery Sickness and Caregiving Benefits Period 79 and CWLB Period 23
• March 31: Tax filing due date for trusts with Dec. 31 year end, T3 slips due, File Form T1-OVP for Excess RRSP, PRPP, SPP Contributions

April:

• Apr 3: Claim for Canada Recovery Sickness and Caregiving Benefits Period 80 and  CWLB Period 24
• Apr 5:CWB Advance, GST/HST Credit
• Apr 10: Claim for Canada Recovery Sickness and Caregiving Benefits Period 81 and  CWLB Period 25
• April 15: US tax filing deadline.US persons in Canada Tax filing, Form 8938, 4868
• Apr17: Claim for Canada Recovery Sickness and Caregiving Benefits Period 82 and CWLB Period 26
• April 20:CCB payment
• April 21: Apply, amend or increase CERS, CEWS and CRHP claims for Sept 26 – Oct 23, 2021 (CERS Per. 14, CEWS & CRHP Per.21)
• Apr 24:Claim for Canada Recovery Sickness and Caregiving Benefits Period 83 and CWLB Period 27
• April 30: Normal T1 individual tax filing deadline, but this year on a Saturday – so May 2 PLUS
  • Deadline: interest relief ends on taxes due on 2020 T1 for pandemic support recipients with taxable income under $75,000; interest will be charged after this date.
  • Form T1135, Foreign Income Verification Statement
  • T1ADJ - Late elections for pension income splitting for 2018 expire April 30, 2022
  • T400A: Notice of Objection File on the later of one year after filing due date or 90 days after receipt of Notice of Assessment or Reassessment or Determination

May:

• May 2: Claim for Canada Recovery Sickness and Caregiving Benefits Period 84 and CWLB Period 28
• May 2:Actual personal tax filing deadline for 2022 as April 30 falls on a Saturday.
• May 7:Pandemic supports end, unless extension announced
• May 19: Apply, amend or increase CRHP claims for Oct 24 to Nov 20, 2021 (CRHP Per.22)
• May 20:CCB Payment
• Will and estate planning review