How to File Your Personal Tax Return

Author: External Author | | Categories: Personal Tax Preparation , Tax Return

If you are doing your own tax return, we strongly recommend using tax software rather than pre-printed forms to prepare your return, because this can help to avoid errors and missed tax credits.  Many credits, such as the Canada Employment amount, are calculated automatically.  However, if your return is complicated, it may be best to have your return professionally prepared, or at least reviewed.

You can use NetFile to submit your tax return from your home computer.  You may either purchase tax calculation software at a retail store, download software over the internet, or file your tax using an online tax return.  It is not always necessary to spend money to file your tax return using income tax software.  Some of the software packages are free for everyone, and some are free if you have low net income and a simple return.   Canada Revenue Agency (CRA) provides a list of tax software packages approved for NetFile, and the list indicates whether the package includes a free option.

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Original Article Source Credits:   Tax Tips ,

Article Written By:  NA

Original Article Posted on:  February 23, 2021

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