topic COVID-19: Tax Info Centre in Other tax topics https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/01/1335957#M2117 <P><IMG src="https://digitalasset.intuit.com/IMAGE/A4CrzKPbG/canadaimage.png" alt="canadaimage.png" /><BR />We recognize that with the rapidly evolving COVID-19 (Coronavirus) situation in Canada, these are uncertain times for everyone.</P> <P>At TurboTax, we're here to help. We've created the COVID-19 Tax Info Centre as a quick-reference resource to house any and all information related to how the pandemic may impact your tax filing experience. This hub will be updated in real-time as information becomes available, so be sure to check back to be kept up-to-date during this fluid situation.</P> <H1> <B>Answers to commonly asked questions:</B></H1> <H3> <A data-toggle="collapse" href="#collapse2" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Tax deadlines</A></H3> <DIV id="collapse2" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/00/1332392" target="_blank" rel="nofollow">Are the tax deadlines delayed for 2019 tax returns?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse3" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the government of Canada doing to help?</A></H3> <DIV id="collapse3" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/how-are-taxpayers-being-helped-during-the-covid-19-outbreak/01/1336358" target="_blank" rel="nofollow">How are taxpayers being helped during the COVID-19 outbreak?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse4" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What kind of income support is available?</A></H3> <DIV id="collapse4" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/what-income-support-will-be-provided-during-the-covid-19-breakout-for-those-in-need/01/1336744" target="_blank" rel="nofollow">What income support will be provided during the COVID-19 breakout for those in need?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse5" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the Canada Emergency Response Benefit (CERB)?</A></H3> <DIV id="collapse5" class="section collapse"> <P><A class="sc-kAzzGY BNllF" href="https://turbotax.community.intuit.ca/community/tax-topics/help/what-is-the-canada-emergency-response-benefit-cerb-and-who-qualifies/00/1387809" target="_blank" rel="nofollow">Understanding the Canada Emergency Response Benefit (CERB), and who qualifies</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse6" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the Canada Emergency Wage Subsidy (CEWS)?</A></H3> <DIV id="collapse6" class="section collapse"> <P><A href="https://www.canada.ca/en/department-finance/news/2020/04/additional-details-on-the-canada-emergency-wage-subsidy0.html" target="_blank" rel="nofollow">Understanding the Canada Emergency Wage Subsidy (CEWS), and who qualifies</A></P> </DIV> <H1> <B>Financial assistance programs</B></H1> <P>Individuals whose employment has been suspended, cancelled or delayed, may qualify for a number of financial assistance programs from the federal government.</P> <H3> <A data-toggle="collapse" href="#collapse8" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Have you been laid off?</A></H3> <DIV id="collapse8" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html" target="_blank" rel="nofollow">Check with your employer to see if you are eligible for the Canada Emergency Wage Subsidy (CEWS)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse9" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you quarantined, self-isolating, or caring for someone ill?</A></H3> <DIV id="collapse9" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse10" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you self-employed?</A></H3> <DIV id="collapse10" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse11" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you caring for children?</A></H3> <DIV id="collapse11" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse12" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a seasonal, part-time or contract worker, who has had your hours reduced?</A></H3> <DIV id="collapse12" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H1> <B>Family assistance programs</B></H1> <P>Government child benefits and assistance are available to aid in the added costs of childcare and expenses.</P> <H3> <A data-toggle="collapse" href="#collapse14" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you ill or caring for someone ill?</A></H3> <DIV id="collapse14" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse15" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have children?</A></H3> <DIV id="collapse15" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-apply.html" target="_blank" rel="nofollow">Apply for the Canada Child Benefit</A></P> <P>&nbsp;</P> <P><EM>*Note: If you are already receiving the Canada Child Benefit, you will see an automatic increase (up to $300 per child), on your regular monthly payment in May, 2020. There is no need to re-apply to receive this increase.</EM></P> </DIV> <H1> <B>Student assistance programs</B></H1> <P>Government benefits and assistance is available to provide relief to students facing financial stress(es) due to COVID-19.</P> <H3> <A data-toggle="collapse" href="#collapse17" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Did you apply for the Canada Summer Jobs program?</A></H3> <DIV id="collapse17" class="section collapse"> <P>Applications for this program closed in February, 2020. Those who completed the application progress prior to this deadline can <A href="https://www.jobbank.gc.ca/home" target="_blank" rel="nofollow">check for current job postings here.</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse18" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have a student loan?</A></H3> <DIV id="collapse18" class="section collapse"> <P>The government of Canada has issued an automatic six-month, interest-free deferral on all Canada Student Loans, for all borrowers. There is no need to apply for this deferral for those eligible.</P> <P>Find out more by visiting the <A href="https://www.canada.ca/en/employment-social-development/corporate/notices/coronavirus.html" target="_blank" rel="nofollow">federal government website here</A>.</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse19" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a seasonal worker?</A></H3> <DIV id="collapse19" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse20" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Have you lost your job?</A></H3> <DIV id="collapse20" class="section collapse"> <H4 class="type-subhead"><SPAN style="text-decoration: underline;">Proposed Canada Emergency Student Benefit</SPAN></H4> <DIV> <P>There is currently a proposal before parliament called the Canada Emergency Student Benefit (CESB). Through this proposal, post-secondary students would be eligible for <STRONG>$1,250/month (from May through August)</STRONG>, with that amount increasing to up to <STRONG>$2,000/month</STRONG> if the student has a disability (or is caring for someone with a disability). Payments would be made through the Canada Revenue Agency (CRA).</P> <P>Continue to <A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">check the federal government website</A> for information on the parliamentary process.</P> </DIV> </DIV> <H1> <B>Assistance programs for businesses</B></H1> <P>Government programs are available to provide relief to businesses, such as assistance with wage subsidies, loans, and general tax relief.</P> <H3> <A data-toggle="collapse" href="#collapse22" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you an employer?</A></H3> <DIV id="collapse22" class="section collapse"> <P>The Canadian government has provided economic relief for employers on a number of levels, including:</P> <P><A href="https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html" target="_blank" rel="nofollow">Automatic income tax referral</A></P> <P><A href="https://www.canada.ca/en/employment-social-development/services/work-sharing/apply.html" target="_blank" rel="nofollow">Extension of work-sharing program</A></P> <P><A href="https://www.canada.ca/en/employment-social-development/services/funding/canada-summer-jobs.html" target="_blank" rel="nofollow">Canada Summer Jobs program</A></P> <P><A href="https://www.canada.ca/en/department-finance/news/2020/04/the-canada-emergency-wage-subsidy.html" target="_blank" rel="nofollow">Canada Emergency Wage Subsidy (CEWS)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">Canada Emergency Commercial Rent Assistance <STRONG>(proposed)</STRONG></A></P> <P><A href="https://pm.gc.ca/en/news/news-releases/2020/05/11/prime-minister-announces-additional-support-businesses-help-save" target="_blank" rel="nofollow">Large Employer Emergency Financing Facility <STRONG>(proposed)</STRONG></A></P> <P>&nbsp;</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse23" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you need tax relief?</A></H3> <DIV id="collapse23" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/00/1332392" target="_blank" rel="nofollow">Tax deadlines have been delayed for 2019 returns</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse24" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a non-profit or small business?</A></H3> <DIV id="collapse24" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Wage Subsidy (CEWS)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/covid19-businesses.html" target="_blank" rel="nofollow">Apply for a Canada Emergency Business Account</A></P> <P>Learn more about the&nbsp;<A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">Canada Emergency Commercial Rent Assistance program&nbsp;<STRONG>(proposed)</STRONG></A></P> </DIV> <H1> <B>Assistance programs for seniors</B></H1> <P>A new government program has been proposed to provide financial relief to seniors, and rules surrounding RRIFs have been temporarily amended.</P> <H3> <A data-toggle="collapse" href="#collapse26" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have RRIFs?</A></H3> <DIV id="collapse26" class="section collapse"> <P>Required minimum withdrawals from RRIFs have been reduced by 25% for 2020.</P> <P>Find out more by visiting the <A href="https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-income-fund-rrif.html" target="_blank" rel="nofollow">federal government website here</A>.</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse27" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for Old Age Security (OAS), or the Guaranteed Income Supplement (GIS)?</A></H3> <DIV id="collapse27" class="section collapse"> <P>Seniors who qualify for <STRONG>Old Age Security (OAS)</STRONG> will be eligible for a one-time, tax-free payment of $300, with those eligible for the <STRONG>Guaranteed Income Supplement (GIS)</STRONG> eligible for an extra $200. Those eligible for both will receive the combined $500 total.</P> <P>If you are already receiving OAS and/or GIS payments, there is no need to re-apply, as these increases are automatic.</P> <P>Continue to check the <A href="https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-income-fund-rrif.html" target="_blank" rel="nofollow">federal government website</A> for more information.</P> </DIV> <H1> <B>Tax assistance and personal finance&nbsp;</B></H1> <P>Tax credits and payment deferrals may be part of relief efforts for qualified Canadians.</P> <H3> <A data-toggle="collapse" href="#collapse29" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for tax credits or deferrals?</A></H3> <DIV id="collapse29" class="section collapse"> <P><A href="https://www.canada.ca/en/revenue-agency/services/child-family-benefits/gsthstc-eligibility.html" target="_blank" rel="nofollow">Learn about the Goods and Services Tax Credit payment</A></P> <P><A href="https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html" target="_blank" rel="nofollow">The tax return deadline has been extended</A></P> </DIV> <H1> <B>Assistance for property owners&nbsp;</B></H1> <P>You may be eligible to defer your mortgage payments due to suspension of evictions and rent hikes.</P> <H3> <A data-toggle="collapse" href="#collapse31" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you own property?</A></H3> <DIV id="collapse31" class="section collapse"> <P>Property owners facing financial stress may be eligible for mortgage payment deferral up to 6 months.</P> <P>To find out more, visit the <A href="https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/covid19-understanding-mortgage-payment-deferral" target="_blank" rel="nofollow">Canada Mortgage and Housing Cooperation website here.</A></P> </DIV> <H1> <B>Assistance for Canadians abroad&nbsp;</B></H1> <P>Canadians stuck abroad may be eligible for assistance or emergency loans in order to return home.</P> <H3> <A data-toggle="collapse" href="#collapse33" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you stuck abroad and require financial assistance?</A></H3> <DIV id="collapse33" class="section collapse"> <P>The federal government has set up the Emergency Loan Program for Canadians Abroad, to provide assistance for those Canadians without the financial means to return home.</P> <P>Repayable loans for up to $5,000 are available to aid in purchasing plane tickets back to Canada.</P> <P><A href="https://travel.gc.ca/assistance/emergency-info/financial-assistance/covid-19-financial-help-faqs" target="_blank" rel="nofollow">Visit the federal government website</A> to learn more and how to apply.</P> </DIV> <H1> <B>Assistance for Canadians with disabilities</B></H1> <P>Canadians with disabilities may be eligible for additional financial support</P> <H3> <A data-toggle="collapse" href="#collapse35" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for disability support?</A></H3> <DIV id="collapse35" class="section collapse"> <P><A href="https://pm.gc.ca/en/news/backgrounders/2020/06/05/new-supports-canadians-disabilities-address-challenges-related-covid" target="_blank" rel="nofollow">Learn about the Disability Tax Credit and COVID-19 top-up amount</A></P> <P><A href="https://www.canada.ca/en/services/benefits/covid19-emergency-benefits/one-time-payment-persons-disabilities.html" target="_blank" rel="nofollow">One-time payment for persons with disabilities</A></P> </DIV> <H2>Related information:</H2> <P> <A href="https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2020/filing-2019-taxes-covid19-crisis.html" target="_blank" rel="nofollow">CRA guide to filing your 2019 taxes</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://turbotax.intuit.ca/tips/what-to-know-about-covid-19-and-your-taxes-11110" target="_blank" rel="nofollow">What to know about COVID-19 and your taxes</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://blog.mint.com/hacks-2/covid-19-and-finances-ultimate-money-tip-and-resource-guide/" target="_blank" rel="nofollow">COVID-19 and Finances: Ultimate Money Tip and Resource Guide</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html" target="_blank" rel="nofollow">Official Federal government response</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://www.revenuquebec.ca/en/covid-19-faq/?no_cache=1" target="_blank" rel="nofollow">Official Quebec provincial response</A></P> <P> <A href="https://www.canada.ca/en/revenue-agency/news/2020/07/the-canada-revenue-agency-announces-an-extension-to-the-payment-deadline-and-offers-interest-relief-on-outstanding-tax-debts-during-the-covid-19-pa.html" target="_blank" rel="nofollow">Federal government extends payment deadline <STRONG>(updated 7/27/20)</STRONG></A></P> <P> <A href="http://www.finances.gouv.qc.ca/documents/Bulletins/en/BULEN_2020-10-a-b.pdf" target="_blank" rel="nofollow">Quebec government extends payment deadline <STRONG>(updated 7/27/20)</STRONG></A></P> Thu, 10 Sep 2020 11:16:14 GMT TurboTax Support 2020-09-10T11:16:14Z COVID-19: Tax Info Centre https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/01/1335957#M2117 We recognize that with the rapidly evolving COVID-19 (Coronavirus) situation in Canada, these are uncertain times for everyone. At TurboTax, we're here to help. We've created the COVID-19 Tax Info Centre as a quick-reference resource to house any and all information related to how the pandemic may impact your tax filing experience. This hub will be updated in real-time as information becomes available, so be sure to check back to be kept up-to-date during this fluid situation. Answers to commonly asked questions: Tax deadlines Are the tax deadlines delayed for 2019 tax returns? What is the government of Canada doing to help? How are taxpayers being helped during the COVID-19 outbreak? What kind of income support is available? What income support will be provided during the COVID-19 breakout for those in need? What is the Canada Emergency Response Benefit (CERB)? Understanding the Canada Emergency Response Benefit (CERB), and who qualifies What is the Canada Emergency Wage Subsidy (CEWS)? Understanding the Canada Emergency Wage Subsidy (CEWS), and who qualifies Financial assistance programs Individuals whose employment has been suspended, cancelled or delayed, may qualify for a number of financial assistance programs from the federal government. Have you been laid off? The foll... Thu, 10 Sep 2020 11:16:14 GMT https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/01/1335957#M2117 TurboTax Support 2020-09-10T11:16:14Z
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<P><IMG src="https://digitalasset.intuit.com/IMAGE/A4CrzKPbG/canadaimage.png" alt="canadaimage.png" /><BR />We recognize that with the rapidly evolving COVID-19 (Coronavirus) situation in Canada, these are uncertain times for everyone.</P> <P>At TurboTax, we're here to help. We've created the COVID-19 Tax Info Centre as a quick-reference resource to house any and all information related to how the pandemic may impact your tax filing experience. This hub will be updated in real-time as information becomes available, so be sure to check back to be kept up-to-date during this fluid situation.</P> <H1> <B>Answers to commonly asked questions:</B></H1> <H3> <A data-toggle="collapse" href="#collapse2" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Tax deadlines</A></H3> <DIV id="collapse2" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/00/1332392" target="_blank" rel="nofollow">Are the tax deadlines delayed for 2019 tax returns?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse3" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the government of Canada doing to help?</A></H3> <DIV id="collapse3" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/how-are-taxpayers-being-helped-during-the-covid-19-outbreak/01/1336358" target="_blank" rel="nofollow">How are taxpayers being helped during the COVID-19 outbreak?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse4" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What kind of income support is available?</A></H3> <DIV id="collapse4" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/what-income-support-will-be-provided-during-the-covid-19-breakout-for-those-in-need/01/1336744" target="_blank" rel="nofollow">What income support will be provided during the COVID-19 breakout for those in need?</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse5" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the Canada Emergency Response Benefit (CERB)?</A></H3> <DIV id="collapse5" class="section collapse"> <P><A class="sc-kAzzGY BNllF" href="https://turbotax.community.intuit.ca/community/tax-topics/help/what-is-the-canada-emergency-response-benefit-cerb-and-who-qualifies/00/1387809" target="_blank" rel="nofollow">Understanding the Canada Emergency Response Benefit (CERB), and who qualifies</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse6" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>What is the Canada Emergency Wage Subsidy (CEWS)?</A></H3> <DIV id="collapse6" class="section collapse"> <P><A href="https://www.canada.ca/en/department-finance/news/2020/04/additional-details-on-the-canada-emergency-wage-subsidy0.html" target="_blank" rel="nofollow">Understanding the Canada Emergency Wage Subsidy (CEWS), and who qualifies</A></P> </DIV> <H1> <B>Financial assistance programs</B></H1> <P>Individuals whose employment has been suspended, cancelled or delayed, may qualify for a number of financial assistance programs from the federal government.</P> <H3> <A data-toggle="collapse" href="#collapse8" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Have you been laid off?</A></H3> <DIV id="collapse8" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html" target="_blank" rel="nofollow">Check with your employer to see if you are eligible for the Canada Emergency Wage Subsidy (CEWS)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse9" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you quarantined, self-isolating, or caring for someone ill?</A></H3> <DIV id="collapse9" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse10" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you self-employed?</A></H3> <DIV id="collapse10" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse11" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you caring for children?</A></H3> <DIV id="collapse11" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse12" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a seasonal, part-time or contract worker, who has had your hours reduced?</A></H3> <DIV id="collapse12" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H1> <B>Family assistance programs</B></H1> <P>Government child benefits and assistance are available to aid in the added costs of childcare and expenses.</P> <H3> <A data-toggle="collapse" href="#collapse14" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you ill or caring for someone ill?</A></H3> <DIV id="collapse14" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse15" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have children?</A></H3> <DIV id="collapse15" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-apply.html" target="_blank" rel="nofollow">Apply for the Canada Child Benefit</A></P> <P>&nbsp;</P> <P><EM>*Note: If you are already receiving the Canada Child Benefit, you will see an automatic increase (up to $300 per child), on your regular monthly payment in May, 2020. There is no need to re-apply to receive this increase.</EM></P> </DIV> <H1> <B>Student assistance programs</B></H1> <P>Government benefits and assistance is available to provide relief to students facing financial stress(es) due to COVID-19.</P> <H3> <A data-toggle="collapse" href="#collapse17" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Did you apply for the Canada Summer Jobs program?</A></H3> <DIV id="collapse17" class="section collapse"> <P>Applications for this program closed in February, 2020. Those who completed the application progress prior to this deadline can <A href="https://www.jobbank.gc.ca/home" target="_blank" rel="nofollow">check for current job postings here.</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse18" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have a student loan?</A></H3> <DIV id="collapse18" class="section collapse"> <P>The government of Canada has issued an automatic six-month, interest-free deferral on all Canada Student Loans, for all borrowers. There is no need to apply for this deferral for those eligible.</P> <P>Find out more by visiting the <A href="https://www.canada.ca/en/employment-social-development/corporate/notices/coronavirus.html" target="_blank" rel="nofollow">federal government website here</A>.</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse19" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a seasonal worker?</A></H3> <DIV id="collapse19" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Response Benefit (CERB)</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse20" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Have you lost your job?</A></H3> <DIV id="collapse20" class="section collapse"> <H4 class="type-subhead"><SPAN style="text-decoration: underline;">Proposed Canada Emergency Student Benefit</SPAN></H4> <DIV> <P>There is currently a proposal before parliament called the Canada Emergency Student Benefit (CESB). Through this proposal, post-secondary students would be eligible for <STRONG>$1,250/month (from May through August)</STRONG>, with that amount increasing to up to <STRONG>$2,000/month</STRONG> if the student has a disability (or is caring for someone with a disability). Payments would be made through the Canada Revenue Agency (CRA).</P> <P>Continue to <A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">check the federal government website</A> for information on the parliamentary process.</P> </DIV> </DIV> <H1> <B>Assistance programs for businesses</B></H1> <P>Government programs are available to provide relief to businesses, such as assistance with wage subsidies, loans, and general tax relief.</P> <H3> <A data-toggle="collapse" href="#collapse22" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you an employer?</A></H3> <DIV id="collapse22" class="section collapse"> <P>The Canadian government has provided economic relief for employers on a number of levels, including:</P> <P><A href="https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html" target="_blank" rel="nofollow">Automatic income tax referral</A></P> <P><A href="https://www.canada.ca/en/employment-social-development/services/work-sharing/apply.html" target="_blank" rel="nofollow">Extension of work-sharing program</A></P> <P><A href="https://www.canada.ca/en/employment-social-development/services/funding/canada-summer-jobs.html" target="_blank" rel="nofollow">Canada Summer Jobs program</A></P> <P><A href="https://www.canada.ca/en/department-finance/news/2020/04/the-canada-emergency-wage-subsidy.html" target="_blank" rel="nofollow">Canada Emergency Wage Subsidy (CEWS)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">Canada Emergency Commercial Rent Assistance <STRONG>(proposed)</STRONG></A></P> <P><A href="https://pm.gc.ca/en/news/news-releases/2020/05/11/prime-minister-announces-additional-support-businesses-help-save" target="_blank" rel="nofollow">Large Employer Emergency Financing Facility <STRONG>(proposed)</STRONG></A></P> <P>&nbsp;</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse23" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you need tax relief?</A></H3> <DIV id="collapse23" class="section collapse"> <P><A href="https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/00/1332392" target="_blank" rel="nofollow">Tax deadlines have been delayed for 2019 returns</A></P> </DIV> <H3> <A data-toggle="collapse" href="#collapse24" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you a non-profit or small business?</A></H3> <DIV id="collapse24" class="section collapse"> <P><SPAN style="text-decoration: underline;"><STRONG>The following government assistance programs may be available to you:</STRONG></SPAN></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html" target="_blank" rel="nofollow">Apply for the Canada Emergency Wage Subsidy (CEWS)</A></P> <P><A href="https://www.canada.ca/en/department-finance/economic-response-plan/covid19-businesses.html" target="_blank" rel="nofollow">Apply for a Canada Emergency Business Account</A></P> <P>Learn more about the&nbsp;<A href="https://www.canada.ca/en/department-finance/economic-response-plan.html" target="_blank" rel="nofollow">Canada Emergency Commercial Rent Assistance program&nbsp;<STRONG>(proposed)</STRONG></A></P> </DIV> <H1> <B>Assistance programs for seniors</B></H1> <P>A new government program has been proposed to provide financial relief to seniors, and rules surrounding RRIFs have been temporarily amended.</P> <H3> <A data-toggle="collapse" href="#collapse26" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you have RRIFs?</A></H3> <DIV id="collapse26" class="section collapse"> <P>Required minimum withdrawals from RRIFs have been reduced by 25% for 2020.</P> <P>Find out more by visiting the <A href="https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-income-fund-rrif.html" target="_blank" rel="nofollow">federal government website here</A>.</P> </DIV> <H3> <A data-toggle="collapse" href="#collapse27" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for Old Age Security (OAS), or the Guaranteed Income Supplement (GIS)?</A></H3> <DIV id="collapse27" class="section collapse"> <P>Seniors who qualify for <STRONG>Old Age Security (OAS)</STRONG> will be eligible for a one-time, tax-free payment of $300, with those eligible for the <STRONG>Guaranteed Income Supplement (GIS)</STRONG> eligible for an extra $200. Those eligible for both will receive the combined $500 total.</P> <P>If you are already receiving OAS and/or GIS payments, there is no need to re-apply, as these increases are automatic.</P> <P>Continue to check the <A href="https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-income-fund-rrif.html" target="_blank" rel="nofollow">federal government website</A> for more information.</P> </DIV> <H1> <B>Tax assistance and personal finance&nbsp;</B></H1> <P>Tax credits and payment deferrals may be part of relief efforts for qualified Canadians.</P> <H3> <A data-toggle="collapse" href="#collapse29" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for tax credits or deferrals?</A></H3> <DIV id="collapse29" class="section collapse"> <P><A href="https://www.canada.ca/en/revenue-agency/services/child-family-benefits/gsthstc-eligibility.html" target="_blank" rel="nofollow">Learn about the Goods and Services Tax Credit payment</A></P> <P><A href="https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html" target="_blank" rel="nofollow">The tax return deadline has been extended</A></P> </DIV> <H1> <B>Assistance for property owners&nbsp;</B></H1> <P>You may be eligible to defer your mortgage payments due to suspension of evictions and rent hikes.</P> <H3> <A data-toggle="collapse" href="#collapse31" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you own property?</A></H3> <DIV id="collapse31" class="section collapse"> <P>Property owners facing financial stress may be eligible for mortgage payment deferral up to 6 months.</P> <P>To find out more, visit the <A href="https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/covid19-understanding-mortgage-payment-deferral" target="_blank" rel="nofollow">Canada Mortgage and Housing Cooperation website here.</A></P> </DIV> <H1> <B>Assistance for Canadians abroad&nbsp;</B></H1> <P>Canadians stuck abroad may be eligible for assistance or emergency loans in order to return home.</P> <H3> <A data-toggle="collapse" href="#collapse33" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Are you stuck abroad and require financial assistance?</A></H3> <DIV id="collapse33" class="section collapse"> <P>The federal government has set up the Emergency Loan Program for Canadians Abroad, to provide assistance for those Canadians without the financial means to return home.</P> <P>Repayable loans for up to $5,000 are available to aid in purchasing plane tickets back to Canada.</P> <P><A href="https://travel.gc.ca/assistance/emergency-info/financial-assistance/covid-19-financial-help-faqs" target="_blank" rel="nofollow">Visit the federal government website</A> to learn more and how to apply.</P> </DIV> <H1> <B>Assistance for Canadians with disabilities</B></H1> <P>Canadians with disabilities may be eligible for additional financial support</P> <H3> <A data-toggle="collapse" href="#collapse35" target="_blank" rel="nofollow"><I class="on-right icon-caret-right"></I>Do you qualify for disability support?</A></H3> <DIV id="collapse35" class="section collapse"> <P><A href="https://pm.gc.ca/en/news/backgrounders/2020/06/05/new-supports-canadians-disabilities-address-challenges-related-covid" target="_blank" rel="nofollow">Learn about the Disability Tax Credit and COVID-19 top-up amount</A></P> <P><A href="https://www.canada.ca/en/services/benefits/covid19-emergency-benefits/one-time-payment-persons-disabilities.html" target="_blank" rel="nofollow">One-time payment for persons with disabilities</A></P> </DIV> <H2>Related information:</H2> <P> <A href="https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2020/filing-2019-taxes-covid19-crisis.html" target="_blank" rel="nofollow">CRA guide to filing your 2019 taxes</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://turbotax.intuit.ca/tips/what-to-know-about-covid-19-and-your-taxes-11110" target="_blank" rel="nofollow">What to know about COVID-19 and your taxes</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://blog.mint.com/hacks-2/covid-19-and-finances-ultimate-money-tip-and-resource-guide/" target="_blank" rel="nofollow">COVID-19 and Finances: Ultimate Money Tip and Resource Guide</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html" target="_blank" rel="nofollow">Official Federal government response</A></P> <P class=""> <A class="sc-kAzzGY BNllF" href="https://www.revenuquebec.ca/en/covid-19-faq/?no_cache=1" target="_blank" rel="nofollow">Official Quebec provincial response</A></P> <P> <A href="https://www.canada.ca/en/revenue-agency/news/2020/07/the-canada-revenue-agency-announces-an-extension-to-the-payment-deadline-and-offers-interest-relief-on-outstanding-tax-debts-during-the-covid-19-pa.html" target="_blank" rel="nofollow">Federal government extends payment deadline <STRONG>(updated 7/27/20)</STRONG></A></P> <P> <A href="http://www.finances.gouv.qc.ca/documents/Bulletins/en/BULEN_2020-10-a-b.pdf" target="_blank" rel="nofollow">Quebec government extends payment deadline <STRONG>(updated 7/27/20)</STRONG></A></P>
</description>
<pubDate>Thu, 10 Sep 2020 11:16:14 GMT</pubDate>
<dc:creator>TurboTax Support</dc:creator>
<dc:date>2020-09-10T11:16:14Z</dc:date>
<item>
<title>COVID-19: Tax Info Centre</title>
<link>
https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/01/1335957#M2117
</link>
<description>
We recognize that with the rapidly evolving COVID-19 (Coronavirus) situation in Canada, these are uncertain times for everyone. At TurboTax, we're here to help. We've created the COVID-19 Tax Info Centre as a quick-reference resource to house any and all information related to how the pandemic may impact your tax filing experience. This hub will be updated in real-time as information becomes available, so be sure to check back to be kept up-to-date during this fluid situation. Answers to commonly asked questions: Tax deadlines Are the tax deadlines delayed for 2019 tax returns? What is the government of Canada doing to help? How are taxpayers being helped during the COVID-19 outbreak? What kind of income support is available? What income support will be provided during the COVID-19 breakout for those in need? What is the Canada Emergency Response Benefit (CERB)? Understanding the Canada Emergency Response Benefit (CERB), and who qualifies What is the Canada Emergency Wage Subsidy (CEWS)? Understanding the Canada Emergency Wage Subsidy (CEWS), and who qualifies Financial assistance programs Individuals whose employment has been suspended, cancelled or delayed, may qualify for a number of financial assistance programs from the federal government. Have you been laid off? The foll...
</description>
<pubDate>Thu, 10 Sep 2020 11:16:14 GMT</pubDate>
<guid>
https://turbotax.community.intuit.ca/community/tax-topics/help/covid-19-tax-info-centre/01/1335957#M2117
</guid>
<dc:creator>TurboTax Support</dc:creator>
<dc:date>2020-09-10T11:16:14Z</dc:date>
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