WHO FILES TAXES
Important information about various scenarios that lead to a tax liability.
Who has to file income taxes:
- You have a balance owing on your tax return.
- You received a request to file a return.
- You and your spouse or common-law partner elected to split pension income.
- You sold property or realized a taxable capital tax gain.
- You are required to repay Old Age Security (OAS) or Employment Insurance (EI).
- You have not repaid all of the amounts you withdrew from your Registered Savings Plan (RRSP) for a Home Buyers Plan or Lifelong Learning Plan.
- You have to contribute to the Canada Pension Plan (CPP).
- You are currently receiving Canada Workers Benefit (CWB) advance payments and would like to continue receiving these benefits.
You still may want to file if any of the following apply.
- You want to receive a refund.
- You want to apply for the Goods and Services Tax/Harmonized Sales Tax (GST/HST)credit.
- You or your spouse or common-law partner want to begin or continue receiving Canada Child Tax Benefit.
- You have incurred a non-capital loss and you want to be able to apply in other years.
- You want to carry forward or transfer the unused part of your tuition, education or textbook amounts.
- You want to report income for that you could contribute to your Registered Retirement Savings Plan (RRSP) so that you can keep your RRSP deduction limit for future years.
- You want to carry forward the unused investment tax credit.
- You are applying for the Ontario Energy and Property Tax Credit.