Adult Financial Literacy Guide | Page 14

Tax Return

Filing Annual Income Tax Return
Tax Return
Even if you don’ t make any money, it’ s important to file your income tax return. There are government benefits that require an income tax return before you can access them( e. g. GST / HST rebate, subsidies). To get the money, you will need to file a tax return.
There are a couple of free or low cost ways to file a return.
The Volunteer Community Income Tax Program can do your Income Tax for you if you need help. Service is free to lower income individuals and households. Volunteers will help you with Sales Tax Credits, Student Credits, Child Credits and Benefits, Refunds, and more.
For more information about the Volunteer Community Tax Program contact Jane McNab at 250-837-5910.
On-line software. There are trustworthy tax filing software companies that are either low cost or free. There are conditions to be met to access the free return( e. g. student, income below a certain level). If you are comfortable using a computer and have an internet connection this may be the option for you.
Photo credit GotCredit via Visualhunt CC BY
For a list of CRA approved NTETFILE software and eligibility terms go to: http:// www. cra-arc. gc. ca / esrvc-srvce / tx / ndvdls / netfile-impotnet / menu-eng. html
Instant Refunds There are services that offer you the chance to get your refund“ right away” without waiting for your tax return to be sent away first. Check-out the costs of using these services, you may be paying more money to use this services.
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