In this video, I will guide you through the process of filing your taxes as an international student in Canada. You will find out what tax forms you need, what student tax benefits you can apply for, and how to get the most out of your tax refund. You will also learn some useful tips on how to keep track and organize your documents for tax filing.
Many Canadian students don't file a tax return because they think it's unnecessary if they have no income. But that's not true. According to the Canada Revenue Agency (CRA), you should file a tax return even if you don't owe any tax, because you might be eligible for an income tax refund, the GST/HST credit, or the Canada child benefit. These are benefits that can help you with your expenses and savings.
🕒 TIMESTAMP
00:00 Canadian Student Taxes
02:57 Tax Residency for Students
06:21 T1 General Overview
10:41 Tax Benefits for Students
11:13 Welcome Canada Benefit Info
14:29 Ontario Trillium Benefit Guide
16:58 Tuition Tax Credit Tips
19:44 Student Loan Interest Tips
20:28 Charitable Donations Deduction
20:48 Medical Expense Deduction Tips
21:51 Moving Expense Deduction Tips
This video teaches you the basics of DIY tax filing as a student in Canada, but its recommended to consult a qualified accountant. They can help you with your specific situation, maximize your deductions and credits, and deal with any special issues you may encounter.
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Want to learn more? Read these blogs:
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Connect with Murtaza for a Free Consultation:
📞 Phone: +1 647-243-2884
📧 Email: info@instaccountant.com
🌐 Tax Services: [ Ссылка ]
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About the Publisher:
My name is Murtaza Bhatti and I work as an accountant in Toronto, Canada. I have a lot of experience in helping students with their taxes in Canada. I'm here to share share some useful advice and tips on how to save money and avoid trouble with the Canadian tax system.
DISCLAIMER: This video is made purely for educational purposes. Our intention is to share information that can help you accomplish tasks or learn something useful. Remember, no information provided represents any form of financial, investment, tax, or legal advice. Always consult a professional when needed.
