Available starting from April 6th as part of the government’s response to the COVID-19 outbreak, the Canada Emergency Response Benefit (CERB) is a taxable benefit of $2,000 per month for up to four (4) months, to be paid every four (4) weeks. These funds would be available to workers who lose their income as a result of the COVID-19 pandemic, whether they qualify for Employment Insurance (EI) benefits or not, including:     Workers who have lost their job; Workers who are sick, quarantined, or taking care of someone who is sick with COVID-19; Working parents who must stay home without pay to care for children who are sick or at home because of school and daycare closures; Wage earners; Contract workers and self-employed individuals who would not otherwise be eligible for EI benefits; Workers who are still employed, but are not receiving income because of disruptions to their work situation due to COVID-19.       Under the CERB, workers who are already collecting EI regular and sickness benefits as of March 25, 2020 will continue to receive their EI benefits and should not apply to the CERB. Workers who are already collecting EI benefits should only apply for the CERB if: (a) their EI benefits cease before October 3, 2020; and (b) they are unable to return to work due to COVID-19.       Applying through your CRA - My Account If you've already registered for CRA - My Account, begin by logging in. Once you gain access to the site, you may apply for the CERB through the following steps:       Go to COVID-19: Canada Emergency Response Benefit in the alert banner at the top of the page. Select the period you want to apply for. Declare that you qualify for the benefit. Confirm we have the right payment information.       Don't have a CRA - My Account? We'll show you how to register for one! Applying via phone Before you call, to verify your identity, you'll need:     Your social insurance number (SIN). Postal code.     If you are calling the CRA on behalf of someone else, you must be an authorized representative.     To start the application process, dial 1-800-959-2019, then follow the instructions below:       Select your language preference: English or French. Follow the prompts to enter your information, including your SIN, confirmation of your postal code, and the period you are applying for. Declare that you qualify for the benefit.       The CRA will then issue payments by direct deposit or cheque, based on the payment method we have on file for you. Related information: Additional information on CERB (source: CRA) Covid-19 Tax Info Centre What is the Emergency Care Benefit? Additional Federal measures (for individuals) What to know about COVID-19 and your taxes COVID-19 and Finances: Ultimate Money Tip and Resource Guide Official Federal government response Official Quebec provincial response ... View more

Other income contains taxable income not included in any other categories. Common sources of other income include: Tips or gratuities Certain wage-replacement plan income Retiring allowances Lump-sum payments Death benefits Payments from a Registered Education Savings Plan (RESP) (TurboTax reports these amounts on Line 13000 of your T1 return.) In TurboTax online, amounts in any of the boxes of the slips listed below are are displayed on the Other income line of Here's your income summary page: T4A slip: Box 18, 24, 28, 30, 40, 42, 106, 109, 117, 123, 125, 129, 130, 134, 136, 150, 154, 194 T3 slip: Box 22, 26 T4RIF slip: Box 16, 20, 22 T4 slip: Box 66, 67 Note: In tax year 2018 and earlier, scholarships and bursaries (for example, amount reported in Box 105 of the T4A) were part of Other Income. Starting tax year 2019, these amounts have been removed from Other Income and are reported separately on Line 13010 of your T1 return. Related information Canada Revenue Agency (CRA) page on Other Income What tax slips can I download through the CRA’s Auto-fill My Return service?   ... View more

    Welcome to our NEW video library! Here you'll find video content on a wide array of tax-related topics, ranging from simple How-to tutorials to tax tips, and much more.       Scroll through the available categories below to view responsive content on your mobile device, tablet, personal computer, or smart TV.       Products and Services How do I download TurboTax products? What is TurboTax Self-employed, and how do I get it? What is TurboTax Live, and how do I get it? How do I install TurboTax for Windows? Tax Tips Credits and Deductions Tax tips for newcomers Tax tips for new parents Am I considered Self-employed? Tax tips for students Tax tips for retirees Getting Started Preparing for your 1st return Am I self-employed? How-To's How to use TurboTax Self-employed How to find prior returns (online) How to use Auto-fill My Return How to print How to register for and use CRA - My Account How to claim mileage For Lyft drivers:       For Uber drivers:   How to claim the Climate Action Incentive Troubleshooting Using the support site Forgot your password Contact us Related informaton: TurboTax 2018 video tutorial (CD/Download) ... View more

In order to provide businesses relief and support during the COVID-19 outbreak, the Canada Revenue Agency (CRA), will allow all businesses to defer, until after August 31, 2020, the payment of any income taxes owed to the government. This relief would apply to tax balances due, as well as installments. No interest or penalties will accumulate on these amounts during this period.       Additional CRA measures are as follows:       Audit delay The CRA will not contact any small or medium (SME) businesses to initiate any post assessment GST/HST, or Income Tax audits, for the next four weeks. The CRA will also temporarily suspend audit interaction with taxpayers and representatives for most businesses as well. Liaison Officer available As a courtesy, the Liaison Officer service will also be available via phone during this period, to help owners of small businesses in understanding their tax obligations. This service will be customizing information during these challenging times by ensuring small businesses are aware of any changes such as filing and payment deadlines, proactive relief measures, etc. RRIF minimum withdrawals The government is reducing required minimum withdrawals from Registered Retirement Income Funds (RRIFs) by 25% for 2020, in recognition of volatile market conditions and their impact on many seniors’ retirement savings.     This will provide flexibility to seniors who are concerned that they may be required to liquidate their RRIF assets to meet minimum withdrawal requirements. Similar rules would apply to individuals receiving variable benefit payments under a defined contribution Registered Pension Plan. Small and medium business support The government has announced the first phase of its response intended to support businesses in Canada in the wake of the COVID-19 outbreak. This includes the following key proposals:     A three-month temporary wage subsidy for certain small employers. The subsidy is equal to 10% of remuneration paid during that period, up to a maximum of $1,375 per employee and $25,000 per employer. Eligible employers include corporations eligible for the “small business deduction,” as well as non-profit organizations and charities. Eligible employers can benefit immediately by reducing their remittances of income tax withheld on their employees’ remuneration. All businesses can defer until after August 31, 2020 the payment of income tax payments (installments and balances due under Part I of the Income Tax Act) that become owing between now and before September 1, 2020. No interest or penalties will accumulate on these amounts during this period. Note that the filing deadline for corporate tax returns will not change—it remains no later than six months after the end of the taxation year. Official government documents Official Federal government response Official Quebec provincial response Related information: What to know about COVID-19 and your taxes COVID-19 Tax Info Centre How are taxpayers being helped during the COVID-19 outbreak? What is the Emergency Care Benefit? What income support will be provided during the COVID-19 breakout for those in need? ... View more

For low and modest-income individuals and families, seniors and students who may require additional financial help during these times, the government will be providing a number of benefits and courtesies: Increase to Goods and Services Tax credit (GSTC) A special, one-time payment through the Goods and Services Tax credit (GSTC) will be made available by early May, 2020. This increase will double the maximum annual GSTC payment amount, boosting the benefit for those who qualify from between $400 (for individuals), to $600 (for couples), on average. Increase to Canada Child Benefit (CCB) In addition, the Canada Child Benefit (CCB) payment amounts will also increase, and families collecting this benefit will be receiving an extra $300 per child as part of their May CCB payment. Protecting the most vulnerable To ensure that those most vulnerable to the impacts of COVID-19 have the support they need, the government has also committed to the following measures: Placing a six-month interest-free moratorium on the repayment of Canada Student Loans for all individuals currently in the process of repaying these loans. Reducing required minimum withdrawals from Registered Retirement Income Funds (RRIFs) by 25% for 2020. Canadians without paid sick leave For those Canadians who are sick, quarantined or forced to stay home to care for children, the following governmental support has been extended to them: Waiving the one-week waiting period for those individuals in imposed quarantine that claim Employment Insurance (EI) sickness benefits (effective March 15, 2020). Waiving the requirement to provide a medical certificate to access EI sickness benefits. Introducing the Emergency Care Benefit, providing up to $900 bi-weekly, for up to 15 weeks to qualified workers and parents. This flat-payment will be provided through the Canada Revenue Agency (CRA). Information on eligibility and applying can be found here.       Canadians can apply for the Emergency Care Benefit through one of the three available options:     by accessing it on their CRA MyAccount secure portal; by accessing it from their secure My Service Canada Account; or by calling a toll free number equipped with an automated application process. Official government documents Official Federal government response Official Quebec provincial response Related information: What to know about COVID-19 and your taxes COVID-19 Tax Info Centre How are taxpayers being helped during the COVID-19 outbreak? What is the Emergency Care Benefit? How are businesses being helped during the COVID-19 outbreak? ... View more

In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency has enacted the following measures:       For individuals, the return filing due date will be extended until June 1, 2020. For trusts, the return filing due date will be extended until May 1, 2020. All taxpayers now have until after August 31, 2020, to pay any income tax amounts that become owing before September 2020. This would apply to tax balances due, as well as installments. No interest or penalties will accumulate on these amounts during this period. Effective immediately, the CRA will temporarily accept electronic signatures as authorization on forms T183 and T183CORP. Adapting its Outreach Program, by providing phone and webinar support in place of traditional in-person services.       We encourage all individuals who expect to receive benefits under the GSTC or the Canada Child Benefit not to delay the filing of their return, in order to ensure their entitlements for the 2020-21 benefit year are properly determined. Official government documents Official Federal government response Official Quebec provincial response Related information: What to know about COVID-19 and your taxes COVID-19 Tax Info Centre What is the Emergency Care Benefit? What income support will be provided during the COVID-19 breakout for those in need? How are businesses being helped during the COVID-19 outbreak? ... View more

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 response to the virus 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 make sure you are kept up-to-date during this fluid situation. Information for individuals Are the tax deadlines delayed for 2019 tax returns? How are taxpayers being helped during the COVID-19 outbreak? What is the Canada Emergency Response Benefit (CERB), and who qualifies? I lost my job due to COVID-19. How do I get government help?       Apply for the Canada Emergency Response Benefit (CERB), now! What income support will be provided during the COVID-19 breakout for those in need? Information for businesses How are businesses being helped during the COVID-19 outbreak? The Canada Emergency Wage Subsidy Related information: Official Federal government response Official Quebec provincial response What to know about COVID-19 and your taxes COVID-19 and Finances: Ultimate Money Tip and Resource Guide Canada Emergency Response Benefit Additional Federal measures (for individuals) ... View more

We recognize that with the rapidly evolving COVID-19 (Coronavirus) situation in Canada, these are uncertain times for everyone.     We want to reassure you that TurboTax products continue to be available and our support services remain accessible. If you are working on your taxes--which you should do at your earliest convenience to benefit from any potential refund that might be coming your way--our support staff is available via the Community forums, Twitter and Facebook to help.       We continue to work closely with the Canada Revenue Agency and the different provincial governments. Please read the information below for the latest changes announced by the Federal and Provincial governments regarding tax deadline extensions. Federal Tax Updates (Last Update: 3/18/20) Individuals:  Deadline for filing Federal income tax return pushed to June 1, 2020 Note: The CRA encourages individuals who expect to receive benefits under the GSTC or the Canada Child Benefit not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined. Payments deferred to after August 31, 2020  Note: This applies to the payment of any income tax amounts that become owing on or after today, 03/18/20, and before September 2020. This relief applies to tax balances due and installments. No interest or penalties will accumulate on these amounts during this period. Business:  More information to come. Quebec Tax Updates (Last Update: 3/19/20) Deadline for QC provincial tax filing delayed by 31 days, until June 1, 2020, for both individuals and businesses. Individuals: No payments or interests are required before August 31, 2020. Businesses: No payments or installments are required before July 31, 2020. Official government documents Official Federal government response Official Quebec provincial response Related information: What to know about COVID-19 and your taxes COVID-19 Tax Info Centre How are taxpayers being helped during the COVID-19 outbreak? What is the Emergency Care Benefit? What income support will be provided during the COVID-19 breakout for those in need? How are businesses being helped during the COVID-19 outbreak?   ... View more

In order to claim the Disability Tax Credit for your spouse, they must claim the disability amount first (to reduce their balance owing to zero). Any unused amounts can then be transferred to their spouse or common-law partner.     If you’re preparing your returns together, TurboTax will automatically claim the disability amount for the spouse/partner with the disability. If there’s an amount left over, TurboTax will then transfer this amount to the other person’s return.       If you’re preparing your returns separately, follow the on-screen prompts to enter the total disability amount your spouse/partner is claiming, as well as their income. Your spouse’s income is used to calculate how much of the disability amount they’ll need to reduce their balance owing to zero, and how much they can transfer to you. EasyStep mode In the Deductions & Credits section of the side menu, select Other deduction, then check the box for Federal and Provincial amounts transferred from your spouse or common-law partner. Then select Continue.     On the Details of your federal spousal or common-law partner transfers page, enter the disability amount into the top box, then answer the two questions at the bottom of the screen, and select Continue.     Enter the amount of your spouse/partner's taxable income, then select Continue. TurboTax will then automatically calculate and fill the applicable amounts in your return. Forms mode In your TurboTax return, select Forms from the top menu.   From the menu at the bottom, click on Forms, then select T1 General.     Double click on the box for your spouse/partner's net income to open the Personal Information worksheet.     Fill out the required information in the Spouse or Common-law Partner Filing Information section.     Scroll back down the Forms menu, then select Schedule 2 from the list of options.     Fill out the box for Disability Amount to claim them federally.     In the Forms search option, type "Provincial" into the search bar, then select Provincial Amounts Transferred from Spouse in the list of results, and click OK.     Fill out the box for Disability Amount to claim them provincially.     TurboTax Online placeholder Related information: What is the Disability Tax Credit? How do I claim the disability tax credit transferred from my dependant? Tax credits and deductions for persons with disabilities (source: CRA) ... View more

To claim two or more leased vehicles on your return, you must complete a Statement of Employment Expenses (T777), for each individual vehicle claim.     To do so, select your version of TurboTax from the list below, then follow the instructions: EasyStep Interview (CD/Download) and TurboTax Online Select the Profile tab. On the first Personal Profile screen, answer Yes to the question "Did you work in (tax year)?" Select the I was employed checkbox. Answer Yes to the question "Did you have expenses related to your employment?" Select all the checkboxes that apply and click Continue. You will enter your employment expenses on a series of screens in the Income section of the interview. If you are preparing a coupled return, click the checkbox of each person who is claiming vehicle expenses and then click Continue. If you are preparing a single return, click Yes. On the Employment Expense Profile screen, check all the checkboxes that apply and click Continue. Continue through the employment expenses section and enter the information for the first leased vehicle. When you reach the bottom of the page, select the button for Enter Another Vehicle. Repeat steps 8 and 9 as applicable   Forms Method (CD/Download) On the Toolbar, click Forms. In the Keyword to search for field, type T777. Select T777[1] and click OK. Enter the information for the first leased vehicle. Repeat steps 1 - 3 above and select T777[2]. Enter your information for the second leased vehicle. ... View more