Filing tax for the first time.

[5hr3wd]

Hi I wanted to ask how much time does it take CRA to process first time tax filings. I immigrated in 2012, I'm a full time student so I haven't worked.

I called CRA once they told me it takes 16 weeks to process a new tax return because they need to set everything up and the other time they didn't say anything as such and just mentioned the normal 4-6 week time.

I need to know this because I am sponsoring my spouse and I need my C Option Printout. So I'm wondering if I should file my tax return, wait 4 months and order a C option printout once it's available. Or just leave a letter instead of the C option printout in our application.



Thanks in advance..

 

[5hr3wd]

Bump

 

[ghatot201]

Are you working now? if you were a student who started working in 2012 then you need a T4 from your employer and a T2202A from your college/university.
If you are not working now, then you can have your T2202A transferred to next year.

The process of e-filing is free if you can do it yourself. But since you are a first time applicant its better you go to professional management services or H & R block. They are expensive but they do it right and let you know if you are eligible for a tax refund.

 

[5hr3wd]

Nope I'm not working. I have my T2202A which I know will get carried forward.

Now I've been told I'm not eligible for e-filling because I immigrated in the year 2012. And also it's my first time filing.

So any idea on how different the processing time is for first time filers? Is it really 16 weeks?

 

[SenoritaBella]

What choice do you have though even if it's 16 weeks? ??? Visit one of the volunteer tax clinics(the CRA website has a list of all their locations by province and city and also the income level you need to qualify for the free service).

 

[ghatot201]

Nope I'm not working. I have my T2202A which I know will get carried forward.

Now I've been told I'm not eligible for e-filling because I immigrated in the year 2012. And also it's my first time filing.

So any idea on how different the processing time is for first time filers? Is it really 16 weeks?

What exactly do you mean by processing times? Tax filing is done online either by you or your consultant. This is done in under a minute.

If you mean processing time to get your tax refunds if any, then yes, it is 16 weeks for first timers.

 

[maina]

does someone have sm more clear info on this

 

[diva166]

yes I do want some more clarity on this...seniors please put more light on this...

 

[mohammad110]

Dear All,

I become PR and settled Sep 2013, since then I am not working and no income.
1- now I want to transfer part of my savings in last 10 years (around 100,000 CAD) via bank transfer from outside Canada to my account in Canada.
will it be taxable?
2- should I mention my whole savings (inside and outside US ) in my first TAX form??
3- any good consulting co for helping us filling the first tax form in Ottawa?

Thanks in advance,
Mohamad