2014 to 2018 Complex Personal Canadian Tax Items - Due April 30th, 2019
If you have rental income, self-employment income or stock accounts with many buys and sells during the year or more than the maximum number of slips for a basic return then this is the return for you. Price per extra item type and you must get a basic tax return as well.
Note that returns with self-employment income are not due until June 15th, 2019 however any taxes you may owe will start accumulating interest on April 30th, 2019.
Discount Rate - $75 + GST/HST per item
Standard Rate - $100 + GST/HST per item
Premium Rate - $150 + GST/HST per item - for tax returns received after April 15th, 2019
Return to Canadians in Canada Info page
Returns for years earlier than 2014 can be done and any returns with at least one complicated item are not available for free.
If you do not have access to a scanner but only have a couple of slips that are not already online with the Canada Revenue Agency you may take a clear picture of the slip with your smart phone and email it to me. The picture must be legible and the slip must be flat so that all details can be seen. I prefer properly scanned slips however as the files sizes are generally much smaller and the images are clearer.
If you are married or common-law I must be doing returns for both of you although you can have different types of returns.
- A very basic personal Canadian income tax return can be combined with a basic personal Canadian income tax return as long as the total number of slips is under 20 for for the household.
- Two basic personal Canadian income tax return can be combined as long as the total number of slips is under 40 for for the household and there are no other complicating items - see the list below.
- A very basic personal Canadian income tax return may be combined with a complex personal Canadian (with 1 complicating issue being extra slips) if you have more than 20 slips for the household but less than 40 including any slips associated with complicating issues
- A basic personal Canadian income tax return must be combined with a complex personal Canadian (with 1 complicating issue being extra slips) if you have more than 40 slips for the household
A slip is defined as a single scanned 8 x 11 inch page or one Canada Revenue Agency official tax slip (i.e. a T4). If you have a lot of medical expenses you should get a summary statement with a total from the dentist and pharmacist that includes everything on one page rather than submitting many individual receipts. If you have multiple donations for example - tape them all on one page before scanning the page in. Do not overlap the smaller slips on the 8 x 11 page - I must be able to see all the details - use more than one page if you have too many to fit on a single page. I do not need a lot of receipts that are not official tax receipts. For a rental property I need a one page summary of all your income and expenses - do not scan in all your individual receipts! One page summaries for various complicating items can be done in excel, word or email although I prefer Excel files as it makes it easier to manipulate the data once I get it should that be necessary.
Complicating items include:
- rental income except if you also need a U.S. 1040NR to report U.S. rental income in which case the rental income is included in the price of the 1040NR or except if you also need a Canadian non-resident rental return for part of the year for the same property. If you have additional non-U.S. rental properties they require a complex Canadian tax return.
- self employed income
- employment expenses - you must have a T2200 signed by your employer to claim these
- require the T1135 form completed (i.e. have more than $100,000 cnd (cost not current market value) in foreign assets) except if you also need a US 1040NR to report US rental income in which case the T1135 is included in the price of the 1040NR.
- have extensive stock transactions that you need us to determine the cost basis for to report on schedule 3 (i.e. do not have a nice list of cost and proceeds for each stock sold in the year)
- were not a tax resident of Canada for the entire year except if you also need a Canadian non-resident rental return for your non-resident period.
- Your spouse died in the year except if all assets rolled over tax free to you. If there is a surviving spouse all assets are usually rolled over tax free.
- You are single, separated, divorced or widowed and have more than 20 slips.
- You do not have access to a scanner or smart phone and want drop off all your paperwork rather than uploading to Box or DropBox.
See basic personal Canadian tax returns for a list of income and deductions not considered to be complicating items.