LOCAL TAX SCHOOL REGISTRATION NOW OPEN

SIGN-UP FOR TAX SCHOOL

SIGN-UP
Liberty Tax Logo

THIS SITE USES COOKIES FOR PERSONALIZATION AND TO PROVIDE THE OPTIMAL USER EXPERIENCE AND CONTENT. CLICK ACCEPT TO OPT INTO THIS ENHANCED EXPERIENCE.

tax resources

NON-TAXABLE INCOME

The following are the types of non-taxable income for Canadian income tax purposes.

List below are types on non-taxable income for Canada income tax purposes.

  • Canada Child Benefit (CCB) payments
  • Child assistance payments and the supplement for handicapped children paid by the province of Quebec
  • Child Support if agreement or court order is after April 30, 1997.
  • Gifts: in most cases
  • Goods and Services Tax/Harmonized Sales Tax (GST/HST) payments
  • Inheritances: in most cases
  • Life insurance policy death benefit payments: most amounts received from a life insurance policy following someone’s death
  • Lottery winnings
  • Social Assistance Payments (SA), but you must still include it on your tax return to ensure that any benefits you may be entitled to are calculated properly
  • Workers Compensation Benefits, but you must still include it on your tax return to ensure that any benefits you may be entitled to are calculated properly

Related links