If you've put off filing your taxes this season, you're not alone. In these uncertain times, other things have taken the top spot on many of our priority lists.
With the filing deadline extension of June 1, 2020 rapidly approaching, we've put together a useful guide of resources and tips to help you get your taxes done.
Five tips for getting your taxes done on time:
Tip: Make sure to gather together all of your necessary tax forms (like T forms and Notices of Assessment), in one place for easy referencing.
Tip: It’s important to know who your dependents are, and if they qualify as such. If your dependents are left off your tax forms, you’re missing out on valuable tax credits and deductions.
Tip: If you want to avoid tax errors and get your tax refund as quickly as possible, ditch the paper and pencil and eFile your return
Tip: If you're preparing your taxes and have questions, we have a team of TurboTax tax experts standing by and ready to help. Consider using TurboTax Live services to complete your return.
Tip: There is a difference between an extension to file, and an extension to pay taxes owed. It's important to file your taxes before the extended filing deadline, whether you are expecting a return or not.