Today is the 2019 income tax return deadline.
The coronavirus extended the deadline from the normal date at the end of April.
Those that are self-employed have two more weeks, as the deadline is June 15th.
Penalties and interest on amounts owing won’t be charged if the payments are made by September 1st.
For those receiving COVID-19 benefits, they won’t be factored into this year’s return.
Benefits including the Canada Emergency Response Benefit and the Canada Emergency Wage Subsidy are taxable income and will be a part of the 2021 return for individuals and businesses receiving those benefits.
