Who is Required to File a Tax Return?
Individuals must file a tax return if any of the following apply:
- · Taxpayer has taxes owning or wants to claim a refund
- · Taxpayer and their spouse or common-law partner elected to split pension income
- · Taxpayer received working income tax benefit (WITB) advance payments or wants to claim
- · Taxpayer disposed of capital property or realized a taxable capital gain/taxable capital loss
- · Taxpayer has to repay old age security or employment insurance benefits
- · Taxpayer has not repaid all amounts withdrawn from your registered retirement savings plan
- (RRSP) under the Home Buyers’ Plan or the Lifelong Learning Plan
- · Taxpayer want to apply for the GST/HST credit
- · Taxpayer or spouse or common-law partner want to begin or continue receiving Canada child tax
- benefit payments, including related provincial or territorial benefit payments.
- · Taxpayer want to carry forward or transfer the unused part of your tuition, education, and
- textbook amounts
- · Taxpayer wants to report income which could increase RRSP deduction limit for future years up
- to date.
- · Taxpayer want to carry forward the unused investment tax credit on expenditures incurred
- during the current year
- · Taxpayer receive the guaranteed income supplement or allowance benefits under the old age
- security program