It’s time to hit the books again! As you’re getting ready to go back to school, there are some important things about benefits, credits, and taxes to keep in mind. Get organized now so you’ll get the benefits and credits that you’re entitled to and save yourself some headaches later.

Did you know that some Canadians are entitled to benefits and credits but they don’t know that they are? You may be leaving money on the table by not filing your income tax and benefit return.

The Canada Revenue Agency (CRA) wants you to receive the benefits and credits you’re entitled to. We use the information from your tax return to calculate your benefit and credit payments.

The only way to find out what you are missing is by filing!

Since April 30, 2022, falls on a Saturday, your clients’ return will be considered filed on time in either of the following situations:

• we receive it on or before May 2, 2022

• it is postmarked on or before May 2, 2022

Your clients have until June 15, 2022, to file their return if they or their spouse or common law-partner are self-employed.

As a student, you may have many questions about taxes and might be filing an income tax and benefit return for the first time. We understand that many students have unique personal and financial situations, especially given the last year. Let’s make sure you don’t miss out on benefits and credits to which you may be entitled. Find out what you could get and what you need to know in this tax tip.