Taxes in Ontario

[mastersgrad]

Does anyone know who we can get to do our taxes while in residency (in Ontario)? I remember reading somewhere that certain companies will do it for free for residents.

 

TIA!

[futureGP]

If all ur income is T4, its not hard to file taxes on ur own.

if u use ufile.ca, it might be free as a resident as u may get ‘student’ discount.

 

just need to keep track of potential deductions/credits. Simple ones are donations, cma/oma fees if you pay, medical expenses, tuition credits including CFPC/LMCC/RC exam fees

 

i believe PARO if in ontario has some tax tips pdf which makes it easier

[bearded frog]

17 hours ago, futureGP said:

If all ur income is T4, its not hard to file taxes on ur own.

if u use ufile.ca, it might be free as a resident as u may get ‘student’ discount.

 

just need to keep track of potential deductions/credits. Simple ones are donations, cma/oma fees if you pay, medical expenses, tuition credits including CFPC/LMCC/RC exam fees

 

i believe PARO if in ontario has some tax tips pdf which makes it easier

Alternatively, you can have accountants do it for free, like OP is asking lol

https://www.mnp.ca/en/clients/professionals/no-charge-tax-returns-for-professionals

[h2flow]

Is our residency registration fee considered tuition? I did not receive a T2202 for this... was roughly 1k$ in Ontario

[quacksflaptogether]

@h2flowYes it does, I received a T2202.

Also does anyone know if we can deduct LMCC registration fee (in lieu of writing the Part 2?)