Here are the tax return due dates for individuals, corporations, partnerships, trusts and estates.
- T1 returns are normally due on 1st June (for employed individuals) and on 15th June (for self-employed individuals).
- However, because of the pandemic, the Canada Revenue Agency (CRA) will not impose late filing penalties or interest if T1 returns are filed and taxes are paid by 1st September, 2020.
- Keep in mind that if a tax payer files their tax return but does not pay the taxes by 1st September, 2020 then they will face a late-filing penalty.
In case of corporation, the following will apply.
- If the corporations year end falls on the 30th of September or the 31st of October (with original filing due dates of 31st March and 30th April, 2020 respectively) then these corporations filing due dates have been extended to 1st June, 2020.
- If the corporations year end falls between 30th November, 2019 and 28th February, 2020 so that they had filing due dates in June, July or August, then their extended due date is 1st September, 2020.
- For T5013 partnership returns with a due date of 31st March, 2020, the filing deadline was extended to 1st May, 2020.
- For T5013 partnership returns with a due date ranging from 31st May, June, July or August, the filing deadline is extended to 1st September, 2020.
Trusts and Estates
- For T3 trust and estates with a due date of 31st March, 2020, the filing deadline was extended to 1st May, 2020.
- For T3 trust and estates with a due dates falling in June, July or August, the filing deadline has been extended to 1st September, 2020.
- If there were any returns which were already due and were deferred till 1st June, then keep in mind that these returns will not be entitled to be extended till the 1st September filing deadline.
- Other tax elections, designations and reporting forms that were due in June, July or August 2020 have an extended deadline of 1st September, 2020.