Tax Filing Tips from Canada Revenue Agency
File your taxes online via Canada Revenue Agency is easier than ever and the NETFILE internet service continues to grow in popularity.
"Increasingly we hear from Canadians they prefer filing their income tax returns using NETFILE because it's easy. They can expect to receive their refund much faster, within 2 weeks, and the technology has a proven track record."
Manage Your Personal Tax Account Online
"My Account' is a terrific self-serve option. It lets you manage your personal income tax and benefit account online. You can check the status of your refund or how much you may owe. See if you'll receive a GST credit, make changes to your return, change your address, and much more."
NETFILE is one of the Canada Revenue Agency's electronic filing services for individuals that allow them to file their income tax returns over the Internet. It's available until September 30, 2006.
Clients get information about NETFILE and their access code in their annual tax packages. If you did not get an access code, or if you lost your access code, visit the NETFILE Web site at www.netfile.gc.ca to receive an access code on-line.
The only cost related to filing over the Internet may be for the use of commercial tax preparation software, or a Web-based application, that the CRA has certified for NETFILE. Some software developers provide free offerings to low- and modest-income earners and students. A list of certified software packages is available at www.netfile.gc.ca.
Advantages of using NETFILE include:
- As secure and confidential as Internet banking
- Fast refunds-usually within 2 weeks -and even quicker with direct deposit!
- Greater accuracy
- No paper return to mail
- No receipts to send in
- Immediate confirmation that we've received your return
- Environmentally friendly-think of the paper you save!
My Account allows Canadians to find out their personal income tax and benefit information online, track their refund, and even make changes to their return.
My Account is an online service that gives Canadians the convenience and flexibility of viewing your personal income tax, Canada Child Tax Benefit (CCTB), and GST/HST credit information on a secure Web site 7 days a week, 21 hours a day.
With My Account you can see information about your tax refund and balance owing, RRSP, Home Buyers' Plan, and Lifelong Learning Plan Direct deposit, tax returns, account balance and payments on filing, installments, Canada Child Tax Benefit and related provincial and territorial programs payments, account balance, and statement of account, GST/HST credit and related provincial programs, payments, account balance, and statement of account, addresses and telephone numbers.
With My Account you can also manage your personal income tax and benefit account online by:
- changing your return
- changing your address
- authorizing a representative
- registering your formal dispute