It’s time to get ready for your taxes!

Filing your taxes

 

Government benefits

The Working Income Tax Benefit (WITB), Canada Child Benefit (CCB) and GST/HST credit are only some of the benefits you can get once you have filed a tax return.

There may be even more benefits you can get in your province if you file a tax return, such as deductions for the rent you pay or for your medical expenses.

Where do I get the tax forms? Between February and May each year, you can get your income tax package at the post office, from a Service Canada location, or online from the Canada Revenue Agency, or you can call 1-800-959-2221 to get a printed copy sent to you.

More and more people use software that allows them to do the forms on their computers. The CRA keeps an up-to-date list of NETFile certified products.

How do I get help with doing my taxes? If you are on a low income, you can get free help with doing your taxes at a community tax clinic.

LCCMedia Foundation is offering low income members of the community a service to get their taxes done for free. Starting on the 15th of February and based at the Africa Centre, you can get your taxes done online and in person. Book an appointment here.

If you have problems with your taxes, it is best to call the Canada Revenue Agency. There are tax professionals who can help you with your taxes for a fee. Some tax preparation services charge very high prices, even on a simple tax return.

You are responsible for your tax return even if someone has prepared it for you. Never sign a blank tax return. Deductions and credits Your tax return includes a range of deductions from your gross income.

These amounts will lower the amount of income you must pay tax on.

Assumptions include childcare expenses and transit passes, and you must keep your receipts to claim these.

The tax return form also has credits. This is an amount you can deduct from the tax you owe.

For example, if your employer has been taking taxes out of your pay all year, those taxes are a credit on your tax return. When you subtract your tax credits and deductions from your gross income, you find out if you owe taxes or receive a refund.

Do you need to get your taxes done this year?

LCCMedia Foundation and Dexteritas Inc are pleased to announce that they will be launching a low income free tax clinic from the 15th of February 2022. This has been funded by the Edmonton Community Foundation.

Low income means you earn $40k or less per annum as an individual.

For more information:

Contact: LCCMedia Foundation Low-Income Free Tax Clinic

Call: 780-860-3229

Email: taxes@lccmediafoundation.ca

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