Answer these 2 questions to find out if you can claim the amount for an eligible dependant. Claim this amount if, at any time in the year, you supported an eligible dependant and their net income from ...

Proof of income statement. There are many reasons why you might need a proof of income statement, for example to apply for a loan, or to qualify for a benefit or subsidy. You can view and print your ...

This summer, plan a vacation in Canada! From June 20 to September 2, enjoy free or discounted admission to some of the country’s most iconic places. The Canada Strong Pass lets you explore the ...

The Canada Revenue Agency (CRA) administers tax laws for the government, providing contacts, services, and information related to payments, taxes, and benefits for individuals and businesses.

Making withdrawals Depending on the type of investment held in your TFSA, you can generally withdraw any amount from the TFSA at any time. Withdrawing funds from your TFSA does not reduce the total ...

Temporary health care coverageThe Interim Federal Health Program (IFHP) covers the cost of most medical care until you’re eligible for provincial or territorial insurance. This coverage can vary ...

RC727 Designate an Excess FHSA Amount as a Withdrawal from your FHSA or as a Transfer to your RRSP or RRIF ...

Update on the taxability of the Canada Carbon Rebate for Small Businesses Businesses can choose not to include the rebate in taxable income when filing their T2 Corporation Income Tax Return for the ...

Generally, you have to report business income using the accrual method of accounting. Farmers, fishers, and self-employed commission agents can use the cash method or the accrual method to report ...

If you receive federal benefits, including some provincial/territorial benefits, you will receive payment on these dates. If you set up direct deposit, payments will be deposited in your account on ...

The CWB is a refundable tax credit that supplements the earnings of low- and modest-income workers. This benefit has two parts: a basic amount and a disability supplement. To find out if you can claim ...