December 22, 2024

The Queens County Citizen

Complete Canadian News World

The tax season is underway

The tax season is underway

Although the deadline to file your income tax return is April 30, the NetFile Quebec service is already online to assist Quebecs in their process.

Also read: Forgotten tax credit

The Netfile Quebec service is a certified software that allows taxpayers to file tax returns online and allow Quebecs to limit errors and benefit from faster processing of their file, instead of 28 days instead of 14 days.

“The electronic method of transmission is once again widely preferred by Quebecars for the tax year 2020. In fact, 88.7% of them have used it, which represents more than 5.9 million declarations,” Reve Quebec said in a press release.

Keep in mind that the deadline to file an income tax return is April 30, but since today is Saturday, Revenu Québec will consider receiving returns and payments sent after midnight on May 2, 2022, just in time.

Many people have had to work from home due to the epidemic, with Quebec extending a temporary fixed rate system that claims a discount for telework costs. Therefore, it can be used for the 2021 and 2022 tax years.

“[La méthode à taux fixe temporaire] Allows you to select a fixed deduction of $ 2 per day on teleworking, subject to certain conditions. In addition, the maximum amount that can be claimed will be increased to $ 500 per year and the number of eligible days will increase to 250 days per year, ”said Rev. Quebec.

However, taxpayers can choose a detailed method based on the actual costs incurred through teleworking.

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