Helping You Prepare for Tax Time
Here is the info you’ll need to gather:
Basic Info:
- Name, birthday, social insurance number, marital status, province of residence
- Notice of Assessment and last years tax return
- If applicable, the above information for your spouse and dependants
- Details related to tax installments paid during the last year
- List of assets held outside of Canada
Receipts:
- Child care expense receipts and Universal Child Care Benefit (RC 62)
- Disability Tax Credit and attendant care expenses
- Receipts for spousal support and adoption expenses
- Tuition receipts (T2202A) for yourself or for your children
- Charitable donation receipts and carry forward information
- Political contribution receipts
- Medical receipts (over the last 12 months ending in 2022)
- Legal Expenses to collect alimony, pension or retiring allowance
Investments:
- RRSP contribution, RRSP Income and RRIF Income receipts
- Investment income tax slips (T5)
- Other investment income tax slips: Trusts (T3) and Partnerships (T5013)
- Capital gains or losses related to investments (investment statements or T5008)
- Documents relating to the sale of real estate to determine capital gains/losses
- Information on investment counsel fees and carrying charges
- Information on interest paid on money borrowed for investments
- Information on previously filed tax elections
- FHSA tax slips
Business and Rental Income:
- Total of business income and expenses
- Total of rental income and expenses
- Home office expenses
- Auto / travel expense receipts and related log book
- Details on capital purchases (computers, office equipment)
Employment and Pension:
- Employment income (T4) and employee profit sharing slips (T4PS)
- Employment insurance slip (T4E)
- Pension, retirement and annuities income slip (T4A)
- Old Age Security (T4A-OAS) and CPP (T4AP) slips
- Government slips for social assistance or workers compensation (T5007)
- Professional and Union dues
- Moving expenses
Read our blog post What You Need to Know About Filing Your 2023 Taxes
