![]() ![]() ![]() A step-by-step process: The best software should make filing your taxes as simple as possible.Here’s what to look for in your tax software when filing your taxes online: So make sure you stay organized and submit before the due date! 4 things to consider when filing your taxes online If you file your taxes after the due date, you’ll be required to pay a penalty of 5% of your balance for 2021, plus another 1% for each month you’re late filing. Make sure you file your return on time to avoid any penalties and get your refund as soon as possible. This year, April 30th falls on a Saturday, which means the CRA tax filing deadline for the 2021 tax season is May 2nd, 2022. Whatever your unique tax situation, we have the product to help you file to perfection. The good news is you can use one of our other tailored products, like TurboTax Deluxe, Premier, and Self-Employed. Items like claim donations, interest-based income, investment and employment expenses, or anything related to self-employment, may require more expertise. Here’s a list.Īs well, it can also involve additional benefits and credits like the age amount, social assistance, and disability amounts. If your return is simple, TurboTax will connect you directly to the CRA through NETFILE, a system that lets you input your tax details and file your return digitally.Ī simple return may include a number of common scenarios.
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