Olivia Chow talks tax rates, transit construction in year-end interview
Olivia Chow talks tax rates, transit construction in year-end interview
5 months ago
CBCLane Harrison
Filing your 2026 taxes in Canada? Start with the right slips. 1️⃣T4 shows your income and deductions from work. 2️⃣T2202 is essential for students claiming tuition. 3️⃣T5 covers interest earned from savings and GICs. 4️⃣RRSP & FHSA slips help reduce your taxable income. 5️⃣Don’t forget medical, donation, and childcare receipts.Work-from-home expenses can also count. Each document can impact your refund. Stay prepared and file with confidence !! | Toronto Tax Boutique
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Filing your 2026 taxes in Canada? Start with the right slips. 1️⃣T4 sh…
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$300K passive income - What they don’t tell you
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TikTokcanadataxguy
Many people get confused between T4 and T4A - you’re not alone. Let’s break it down simply. If you’re an employee, you receive a T4. Your employer deducts tax, CPP, and EI from every paycheck. That’s why year-end tax filing is usually easier. If you earn contract or side income, you get a T4A. No tax is deducted upfront on this income. Which means you may owe tax and double CPP later. That’s why tax planning is crucial for self-employed income. | Toronto Tax Boutique
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Many people get confused between T4 and T4A - you’re not alone. Let’…
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