December 22, 2024

The Queens County Citizen

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Declaration 2021: The tax season begins

Declaration 2021: The tax season begins

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.

The Netfile Quebec service is a certified software that allows the transmission of tax returns online and allows Kubeckers to limit errors and benefit from faster processing of their file within 14 days instead of 28 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.

Return to the simplified approach

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 Telework to select a fixed deduction of $ 2 per day, 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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