CRA & Revenu Québec, Self-Employed, Tax Basics, Tax News, Turbo News

Can I Still Use NETFILE After the Tax Filing Deadline Has Passed?

UPDATE: On March 18, 2020 the Canada Revenue Agency Announced that the 2020 Tax Deadline in Canada had changed so that “For individuals (other than trusts), the return filing due date will be deferred until June 1, 2020.”

Learn More: /tips/is-the-tax-deadline-delayed-for-2019-tax-returns-11107

 

If, for whatever reason, you miss the tax filing deadline which was applicable to you do not worry.

NETFILE is open until January 29th, 2021 for the electronic filing of 2016, 2017, 2018 and 2019 personal tax returns (T1).  It is open 21 hours-per-day, not open from 1am to 4am daily for maintenance.

NETFILE closes from January 30, 2021, until it reopens again to allow for the filing of taxes for the 2020 tax year.

If you’re a Québec resident, Revenu Québec also keeps the NetFile Québec service open after the tax filing deadline has passed.

If you are receiving a refund and still haven’t filed, you won’t be penalized for it.  If you owe money to the CRA, file as soon as you can because you’ll be paying a late-filing penalty and interest will be charged until you pay the money you owe.  The late-filing penalty for the CRA is 5% of your balance due plus 1% for each full month that your return is late up to a maximum of 12-months.

Whether you are employed or self-employed, or whether you want to complete your own tax return, or have someone do it for you, TurboTax is Canada’s most popular tax preparation software, with over 45 million tax returns filed in the last 20-years.

Visit TurboTax.ca and see what product fits best for you and your unique tax situation and begin the process of getting the maximum refund possible.