Understanding how to file your taxes
Whether it’s your first-time filing taxes or you’re trying to improve your existing method, doing your taxes can be confusing. To help you navigate some of these questions, we’ve recapped the safe and easy ways you can file with H&R Block, as well as a summary of the Canada Revenue Agency (CRA) My Account page.
Three Easy Ways to File
In recent months, we’ve made several changes to the way we serve our clients, in order to make filing your taxes easier and safer. If you have not filed your taxes yet, here are a few ways you can do so safely, with H&R Block:
Click here to download forms.
Bottom line is we’re here to help.
Understanding CRA’s My Account
My Account is a secure portal that provides everything and anything related to your taxes. Available 21 hours a day, seven days a week, the site will house details about your previous years’ tax filings, as well as information on your TFSA and RRSP limits.
My Account allows users to manage and action a variety of tasks such as, checking benefits and credit payments, filing an adjustment, tracking the status of a refund, or setting up a direct deposit, among others. Think of it as a one-stop shop for your taxes.
Accessing My Account
There are two ways to access My Account. To use either of these options, you will be required to provide your social insurance number, date of birth, postal code as well as the amount listed on Line 150 of your income tax return. The two options are:
For a step-by-step on how to get set up, visit the CRA website.
New Updates to My Account
To make using CRA My Account even easier, the following changes have been made:
If you have any questions about the CRA’s My Account Portal or about how to file your taxes, H&R Block Tax Experts are here to help. Visit here for the latest information on how we’re making ourselves available to our clients during the COVID-19 crisis and how we can best serve you.