2017 SCSU Tax Clinic

1. WELCOME!!!

2. INCOME TAX FILING INFO
SESSION FOR FIRST TIME
& RETURNING FILERS
Updated: February, 2017
Presentation by: Sr. Planning Team

3. SCARBOROUGH CAMPUS
STUDENTS’ UNION (SCSU)
Elected Student Body Manage Student Center
Own Rexes Den
Advocate for YOU! Services
• Extended health & dental plan
• Discount coupons, Lockers
• Discount TTC Metropasses etc..

4. WEBSITE
HTTP://SCSU.CA/TAXCLINIC/
http://facebook.com/scsutaxclinic

5. AGENDA
• What is involved in filing taxes in Canada?
• Income Tax Clinic Dates and Locations
• What happens after you file my taxes and what are your
responsibilities to CRA?
• Questions

6. WHAT IS INVOLVED IN FILING
TAXES IN CANADA?
•Legislated by the Federal Government through the CRA
•Self Assessment System
•Individuals complete their tax return to:
• report their annual income
• Claim a refund
• Claim GST/HST Credit
•In March 2017, we will file for the previous tax year (from January
1, 2016 to December 31, 2016)
• Return for 2016 has to be filed on or before APRIL 30, 2017

7. WHAT IS INVOLVED IN FILING
TAXES IN CANADA?
Completion of a T1 General
• 2015 income tax package
What is this?
• 4-pg booklet
• schedules

8. WHO SHOULD FILE TAXES?
ALL undergraduate students at UTSC
• International students are considered temporary residents due to
‘significant ties’ to Canada
• I.e. attending university in Canada
• belongings, clothes, furniture in Canada
ALL Residents of Canada, are required to file their taxes

9. WHY SHOULD YOU FILE YOUR
TAXES?
No income ? (Jan 1st 2016-Dec 31st 2016)
Still eligible to claim certain credits:
• GST/HST Credits for being low income
• Tuition Credits
• Ontario Property Credits if you rent or live on-campus
• Etc…

10. BENEFITS OF FILING TAXES
GST/HST Tax Credit
Eligibility
• Be at least 19 years of age before April 1, 2017
What’s in it for you
• $60-$100 FOUR times per year!
• Paid every quarter in 2017 (July, October, January, April)

11. BENEFITS OF FILING TAXES
CONT.
Tuition Credits (T2202A)
• Using your tuition credits to eliminate or reduce the amount of
taxes you have to pay when filing your taxes in the future
Useful if you plan on working in Canada after
graduation! Save on taxes payable to the
Canadian government!!

12. PROPERTY TAX CREDITS
Campus
Residence
You will receive an
automatic $25
refundable credit
when filing your
taxes
No need to keep you
receipts as this
information is
available through
ROSI
Off-
Campus
(Renting)
Students are eligible
to claim a portion of
the rent you have
paid for the tax year
when you file your
taxes
Typically students
receive a $200-
$400 refundable
credit depending
on total rent paid in
2011
To be eligible for
the property tax
credit, you must
have rental
receipts from your
landlord that are
recognized by the
Canadian Revenue
Agency (CRA)

13. SAMPLE RENTAL RECEIPT

14. HOW WILL THEY KNOW WHO
I AM?
A 9-digit number to Identify you for tax
purposes
• A Social Insurance Number (SIN#)
• An Individual Tax Number (ITN#)
Must enter either SIN or ITN
as identification for CRA

15. IDENTIFICATION – FIRST
TIME FILERS
Canadian residents are required to have a SIN number to
file taxes
International students who do not have a SIN, must apply
for an Individual Tax Number (ITN) immediately
* Even if student does not have any ITN number we
can file their tax return using 000-000-000 and attach
and ITN application with the return.
This takes 4-8 weeks to received from CRA by mail

16. FIRST TIME INTERNATIONAL
FILERS ONLY
If you are not eligible for a SIN
• Apply for an Individual Tax Number (ITN)
• Form T1261

17. IDENTIFICATION –
RETURNING FILERS
• Expired SIN Cards may still be used for tax filing purposes ONLY
• If you have obtained a SIN Card recently and you filed your taxes
using an ITN last year, you will have to include a letter with your
return informing the CRA of this change
• If you have lost your SIN or ITN, please contact the CRA

18. GETTING READY TO FILE
YOUR TAXES
Some things you need to know…

19. IMPORTANT TAX FILING
DATES
• Taxes are filed on an annual basis
• All tax forms are due on or before April 30th of every year
If you owe the Canadian government money and are late in paying:
• you will be charged interest of 5% on your payments
• PLUS 1% for each month up to 12 months

20. WHAT DO I BRING TO THE
SCSU INCOME TAX CLINIC
1. Uof T student T-Card
2. Passport (only required for International Students at UTSC)
3. Individual Tax Number (ITN) letter or Social Insurance Number (SIN)
card
4. Direct Deposit Information or VOID Cheque (Account #, Branch #, &
Institution #)
5. Your Canadian mailing address for the Summer 2017
6. Rental receipts for any off-campus housing or a copy of
cancelled/returned cheques/money orders/bank drafts you used to pay
your landlord

21. WHAT DO I BRING TO THE
SCSU INCOME TAX CLINIC
7. T2202A – 2016 (printed from ROSI under “tax forms”)
8. T5 Slips
9. TTC Monthly Passes, TTC Weekly Passes, or Go Transit Monthly
Passes and receipts
10. T4 Slip
11. Any receipts of charitable donations you made
12. 2015 Notice of Assessment (if you filed your income tax return last
year)
*if you have previously filed your taxes and want to file electronically

22. BANK DEPOSIT
INFORMATION
Call your bank and ask for:
• Your Account Number
• Branch Number
• Institution Number
OR
Bring us a photocopy of VOID Cheque

23. IMPORTANT REMINDER!!!
The Canadian Revenue Agency can choose to review your file for
up to six (6) years from the time you file your taxes.
It is important that you keep all copies:
• Tax returns
• All documents that you submit for up to six (6) years from the
time your taxes are filed.

24. BE AWARE, KEEP YOUR
DOCUMENTS!
You can be audited up to 6 years after filing your taxes .
If you can not produce proof and receipts you will be asked to:
• pay back any credits and refunds
• PLUS interest from the date the money was issued to you by CRA

25. INFORMATION ABOUT ITN
APPLICATION FOR
INTERNATIONAL STUDENTS ONLY

26. CERTIFIED COPY OF PASSPORT
FOR ITN APPLICATION
• Bring your original passport, Study Permit AND completed ITN
application to a Professor at UTSC
• Ask them if they would be willing to make a photocopy for you
• The Prof. must then sign the photocopy saying it is a “true copy of the
original passport”
• The Prof. must also sign and date the photocopy stating their position
at UTSC
NOTE: this should be free of charge BUT all professors may not have time
or access to a photocopier to do this for you.
You may also pay a lawyer or Notary Public $30-100 to make each
“certified copy” – contact the ISC for a list of local lawyers and Notary
Public officials you can use

27. MAILING ITN APPLICATION
From: Student’s Full Name
Address
Toronto, Ontario
M1C 1A4 <postal code>
Canada
To: International Tax Services Office
Returns Processing Division
2204 Walkley Road
Ottawa ON K1A 1A8
Canada
Send by Xpresspost or
Canada Post
Registered Mail to
ensure guaranteed
delivery
Standard Letter Costs
$0.89
-
-

28. QUESTIONS?
Website: http://www.scsu.ca/taxclinic
Email: taxclinic@scsu.ca