Check the handy tax slips checklist below.

Students

College or University

As a student, understanding income taxes can be overwhelming, but it’s important to know what taxes are and how they work. Here are some key things to keep in mind when it comes to student income taxes:

  • T4 – Statement of Remuneration Paid.

  • T4A – Statement of Pension, Retirement, Annuity, and Other Income.

  • T2202 – Tuition & Enrolment Certificate.

Newcomers

United States & Canada

As a newcomer arrive in a new country, you may need to become familiar with the tax system and understand your obligations to in regards to income taxes. Here are some key things to keep in mind when it comes to income taxes:

  • Get a Social Insurance Number.

  • Permanent or Temporary Resident Status.

  • GST/HST Tax Credits.

Business

Incorporations

Incorporation is the process of forming a legal business entity, such as a corporation or a limited liability company (LLC), to conduct business. Here are some key things to keep in mind when it comes to income taxes:

  • Tax Receipts.

  • Company’s Books

  • GST/HST or PST Tax Credits.

Business

Self-Employed

Self-employment offers many benefits such as flexibility and autonomy, but it also comes with additional tax obligations that self-employed individuals must manage. Here are some key things to keep in mind when it comes to income taxes:

  • T4A – Statement of Pension, Retirement, Annuity, and Other Income.

  • Tax Receipts.

  • Medical Expenses.

Seniors

Pensioners

For individuals who have retired and are receiving a pension or other retirement benefits. Depending on the country and jurisdiction in which you live, you may be subject to income taxes on your pension income. Here are some key things to keep in mind when it comes to income taxes:

  • T4A(P) – Statement of Canada Pension Plan Benefits.

  • T4A(OAS) – Statement of Old Age Security.

  • T4RIF – Statement of income from a Registered Retirement Income Fund.

  • Medical Expenses.

Families

Families or Single Members

Taxes paid by families on your combined income. The specific tax rules and regulations for family income taxes can vary depending on the country and jurisdiction. Here are some key things to keep in mind when it comes to income taxes:

  • T4 – Statement of Remuneration Paid.

  • RL-1 Statement for Employment and Miscellaneous Income.

  • T5007 – Social Assistance Payments.

  • Medical Expenses.

Uber Drivers

Uber, Skip, or Eva Drivers

Uber, Skip the Dishes, and EVA drivers are considered self-employed independent contractors and are responsible for reporting and paying their own income taxes. Here are some key things to keep in mind when it comes to income taxes:

  • Detailed Income & Expenses Report.

  • Tax Receipts.

  • Medical Insurance.

Military

Military Personnel

Taxes paid by active duty military personnel, as well as veterans and their families. Military income taxes can be complex, and the specific tax obligations and rates can vary depending on the country and jurisdiction. Here are some key things to keep in mind when it comes to income taxes:

  • T4 – Statement of Remuneration Paid.

  • Tax Credits for CAF Members (if deployed).

  • Medical Expenses.

Fertility

IVF & IUI

Fertility treatments can be expensive, and individuals and couples who undergo fertility treatments may be eligible for tax deductions and credits to help offset the costs. Here are some key things to keep in mind when it comes to income taxes:

  • T4 – Statement of Remuneration Paid.

  • T4A – Statement of Pension, Retirement, Annuity, and Other Income.

  • Fertility Treatments Receipts.

  • Medical Expenses.

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