Taxes..for the Yr of landing

[aries9811]

I was wondering, for the first time landing as PR and No Job in Canada & without SIN card initially [Obviously obtained in about 1 Month but for one whole yr No Income in Canada]?

Do we need to still have the IncomeTax for the Sake of Citizenship?? Still Filing is needed..even if NO INCOME NO JOB ..?
Does Citizenship Requires it even if that Year is accountable against 1095 days Rule ?

 

[aries9811]

URGENT Re: Taxes..for the Yr of landing

I was wondering, for the first time landing as PR and No Job in Canada & without SIN card initially [Obviously obtained in about 1 Month but for one whole yr No Income in Canada]?

Do we need to still have the IncomeTax for the Sake of Citizenship?? Still Filing is needed..even if NO INCOME NO JOB ..?
Does Citizenship Requires it even if that Year is accountable against 1095 days Rule ?

 

[FR]

You should file for Income Tax even if you had No Income.
No income to report? File anyway, or you could miss out on credits and benefits!

Did you know?
Even if you have no income to report for 2014, you should still file your income tax and benefit return by April 30, 2015, to be eligible to receive certain tax credits and benefits on time.

Important facts

Eligibility for certain benefit payments is based on information from your yearly tax return. If you don’t file your income tax and benefit return, you could miss out on these credits and benefits. For example:

the goods and services tax/harmonized sales tax (GST/HST) credit and integrated provincial and territorial programs;
the Canada child tax benefit (CCTB) and integrated provincial and territorial programs. If you have a spouse or common-law partner, they must also file a return for you to receive your benefit payment; and
Most provinces and territories have child and family benefit and credit programs that are issued with your Canada child tax benefit and the goods and services tax/harmonized sales tax (GST/HST) credit.
Keep any receipts and documents for at least six years. If the Canada Revenue Agency (CRA) reviews your return, you will need your receipts to support your claims.

Why file online this year?
When you file your return online, you receive your refund faster. When you file online and sign up for direct deposit, you may receive your refund in as little as eight days! For information on how to request direct deposit, go to www.cra.gc.ca/directdeposit .
Filing online helps to ensure there are no interruptions to the benefit and credit payments you receive.
Filing online is easy. Certified software programs and web applications (some of which are free to use) guide you through the process, do your calculations for you, and make sure you don’t miss out on credits and benefits you may be eligible for. For a list of software and web applications, including free options, go to www.netfile.gc.ca/software.
To file your return online, all you need is your social insurance number and date of birth.
Filing online is secure. The CRA uses the same high level of online security Canadian financial institutions use.
If you want to file your return on paper, you can download and print the form from our website, you can visit your local Canada Post office and pick one up, or you can order one using our online order form. If you do not have access to the Internet or do not live close to a post office, you can call the CRA at 1-800-959-8281 and ask us to mail a general income tax and benefit package to you.
CRA online services make filing easier and getting your refund faster

The CRA’s online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund, receive your notice of assessment, and more. Did you know that the Government of Canada is switching to direct deposit for payments that it issues? This includes your tax refund and benefits payments. Sign up for direct deposit today! For more information, go to www.cra.gc.ca/getready.

 

[handsomeishere]

Good information

You should file for Income Tax even if you had No Income.
No income to report? File anyway, or you could miss out on credits and benefits!

Did you know?
Even if you have no income to report for 2014, you should still file your income tax and benefit return by April 30, 2015, to be eligible to receive certain tax credits and benefits on time.

Important facts

Eligibility for certain benefit payments is based on information from your yearly tax return. If you don't file your income tax and benefit return, you could miss out on these credits and benefits. For example:

the goods and services tax/harmonized sales tax (GST/HST) credit and integrated provincial and territorial programs;
the Canada child tax benefit (CCTB) and integrated provincial and territorial programs. If you have a spouse or common-law partner, they must also file a return for you to receive your benefit payment; and
Most provinces and territories have child and family benefit and credit programs that are issued with your Canada child tax benefit and the goods and services tax/harmonized sales tax (GST/HST) credit.
Keep any receipts and documents for at least six years. If the Canada Revenue Agency (CRA) reviews your return, you will need your receipts to support your claims.

Why file online this year?
When you file your return online, you receive your refund faster. When you file online and sign up for direct deposit, you may receive your refund in as little as eight days! For information on how to request direct deposit, go to www.cra.gc.ca/directdeposit .
Filing online helps to ensure there are no interruptions to the benefit and credit payments you receive.
Filing online is easy. Certified software programs and web applications (some of which are free to use) guide you through the process, do your calculations for you, and make sure you don't miss out on credits and benefits you may be eligible for. For a list of software and web applications, including free options, go to www.netfile.gc.ca/software.
To file your return online, all you need is your social insurance number and date of birth.
Filing online is secure. The CRA uses the same high level of online security Canadian financial institutions use.
If you want to file your return on paper, you can download and print the form from our website, you can visit your local Canada Post office and pick one up, or you can order one using our online order form. If you do not have access to the Internet or do not live close to a post office, you can call the CRA at 1-800-959-8281 and ask us to mail a general income tax and benefit package to you.
CRA online services make filing easier and getting your refund faster

The CRA's online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund, receive your notice of assessment, and more. Did you know that the Government of Canada is switching to direct deposit for payments that it issues? This includes your tax refund and benefits payments. Sign up for direct deposit today! For more information, go to www.cra.gc.ca/getready.

 

[aries9811]

Even for the first five months when landed ( during the whole yrs)????. Like I landed in August (No Income in 2012). Do I still need to file taxes for 2012 (Just for 5 months)

You should file for Income Tax even if you had No Income.
No income to report? File anyway, or you could miss out on credits and benefits!

Did you know?
Even if you have no income to report for 2014, you should still file your income tax and benefit return by April 30, 2015, to be eligible to receive certain tax credits and benefits on time.

Important facts

Eligibility for certain benefit payments is based on information from your yearly tax return. If you don't file your income tax and benefit return, you could miss out on these credits and benefits. For example:

the goods and services tax/harmonized sales tax (GST/HST) credit and integrated provincial and territorial programs;
the Canada child tax benefit (CCTB) and integrated provincial and territorial programs. If you have a spouse or common-law partner, they must also file a return for you to receive your benefit payment; and
Most provinces and territories have child and family benefit and credit programs that are issued with your Canada child tax benefit and the goods and services tax/harmonized sales tax (GST/HST) credit.
Keep any receipts and documents for at least six years. If the Canada Revenue Agency (CRA) reviews your return, you will need your receipts to support your claims.

Why file online this year?
When you file your return online, you receive your refund faster. When you file online and sign up for direct deposit, you may receive your refund in as little as eight days! For information on how to request direct deposit, go to www.cra.gc.ca/directdeposit .
Filing online helps to ensure there are no interruptions to the benefit and credit payments you receive.
Filing online is easy. Certified software programs and web applications (some of which are free to use) guide you through the process, do your calculations for you, and make sure you don't miss out on credits and benefits you may be eligible for. For a list of software and web applications, including free options, go to www.netfile.gc.ca/software.
To file your return online, all you need is your social insurance number and date of birth.
Filing online is secure. The CRA uses the same high level of online security Canadian financial institutions use.
If you want to file your return on paper, you can download and print the form from our website, you can visit your local Canada Post office and pick one up, or you can order one using our online order form. If you do not have access to the Internet or do not live close to a post office, you can call the CRA at 1-800-959-8281 and ask us to mail a general income tax and benefit package to you.
CRA online services make filing easier and getting your refund faster

The CRA's online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund, receive your notice of assessment, and more. Did you know that the Government of Canada is switching to direct deposit for payments that it issues? This includes your tax refund and benefits payments. Sign up for direct deposit today! For more information, go to www.cra.gc.ca/getready.

 

[era1521]

Even for the first five months when landed ( during the whole yrs)????. Like I landed in August (No Income in 2012). Do I still need to file taxes for 2012 (Just for 5 months)

Yes, you have to fill the taxes for that year. They will ask you the income in the country you came from for the time before landing. You just send them a letter stating the amount (if any) or just write No Income and thats it.
Now because you mentioned 2012, what happened when you filled for 2013? Because for first taxes filled you have to specify the time when landed and become PR.

 

[aries9811]

I was told that anyone who has income needs to file taxes. Because Income Tax is on Income Earned. If no Income, there's NO T4 or anything that you submit taxes for.

Yes, you have to fill the taxes for that year. They will ask you the income in the country you came from for the time before landing. You just send them a letter stating the amount (if any) or just write No Income and thats it.
Now because you mentioned 2012, what happened when you filled for 2013? Because for first taxes filled you have to specify the time when landed and become PR.

 

[era1521]

I was told that anyone who has income needs to file taxes. Because Income Tax is on Income Earned. If no Income, there's NO T4 or anything that you submit taxes for.

Who told you that was wrong. But anyway, what did you declare when filled taxes for 2013?

 

[screech339]

I was told that anyone who has income needs to file taxes. Because Income Tax is on Income Earned. If no Income, there's NO T4 or anything that you submit taxes for.

That is not true. You should file taxes even if you made zero income. You stand to lose benefits such as gst refund, child benefits, etc, etc.

 

[dbo73]

I am not objecting any of the previous comments but only want to add a note regarding tax requirements: You have to file (and pay) taxes from the date you became "a resident of Canada for tax purposes", which does not necessarily have to be the same date as when you became PR.

CRA has extensive guidance here: http://www.cra-arc.gc.ca/tx/nnrsdnts/ndvdls/nwcmr-eng.html

In addition, while you might have to file taxes for 2012, the date you became "a resident of Canada for tax purposes" is critical:
- for any period before that date: you have to report and pay taxes on income from employment or business in Canada or capital gains on Canadian property during that period.
- for the period as of and after that date: you have to report an pay taxes on your worldwide income and capital gains during that period.

 

[aries9811]

Can I still file this yr, for the part of 2012 (that is 4-5 months) ??

 

[era1521]

Can I still file this yr, for the part of 2012 (that is 4-5 months) ??

Now in 2015 for 2012? Hmmm; ask an accountant.
But you didn't answer the question; what was the date you become resident in canada you declared when filled 2013 taxes? Following your logic, you must have declared Jan 1, 2013 and if that is the case you could get in other troubles. Check with an accountant.