what is the deadline to file taxes T1 inidividual if I had capital gains to report for 2024. I think there was some annoucement by CRA but can't find
0294
2 Replies
Taxert_Fal
Level 2
Apr 30, 2025 3:54:48 PM
Hello There,
Yes correct, The CRA will grant relief in respect of late-filing penalties and arrears interest untilJune 2, 2025, for impacted T1 Individual filers to provide additional time for taxpayers reporting capital dispositions to meet their tax filing obligations. This relief will be for any forms and/elections that are normally included with the T1 (e.g.: Foreign Reporting Forms, including Form T1135, Foreign Income Verification Statement).