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[1] In generalised terms, a tax return refers to the yearly income declaration created by the taxpayer for every individual in the country. This enables tax authorities to declare if an individual is eligible to be given back the tax that they had paid over the year. Canadian federal tax returns are filed with the Canada Revenue Agency (CRA).
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The T1 General or T1 (entitled Income Tax and Benefit Return) is the form used in Canada by individuals to file their personal income tax return.Individuals with tax payable [1] during a calendar year must use the T1 to file their total income from all sources, including employment and self-employment income, interest, dividends, and capital gains, rental income, and so on.
The CRA is the largest organization in the Canadian federal public service by number of personnel, employing 54,933 people and has an operating budget of $5.1 billion [7] as of the 2018–19 fiscal year. The agency's headquarters are based in Ottawa, itself divided into five program branches, which directly support the CRA's core ...
Important Dates and Deadlines for Tax Season 2023. The following is a schedule of the most important days and events of this year’s tax season, but you’ll want to pay special attention ...
We rate the best tax software solutions — from budget-friendly options for straightforward returns to feature-rich platforms for more complex situations — to help simplify the 2025 tax season.
Produces a flag icon attached to a wikilinked men's national cricket board article. Template parameters [Edit template data] Parameter Description Type Status Nation 1 Use either the name of the nation or a three-letter country code, as specified by ISO, IOC or ICC (most should work). String required Flag variant 2 variant Specifies an alternate (historical) flag to use. This parameter is ...
The T2 Corporation Income Tax Return or T2 is the form used in Canada by corporations to file their income tax return. All corporations other than registered charities must file a T2 return for every taxation year, regardless of whether tax is payable. The form has to be filed within six months of the end of each corporation's fiscal year.