Seniors

Topics

• Do you have to file a tax return?
  Why file a return (even if you have no tax to pay)
• Paying your income tax by instalments
  Who has to pay tax by instalments, how much to pay, when to pay, how to pay
• Common types of income for seniors
  Old Age Security (OAS), CPP or QPP benefits, other pension, RRSP and RRIF income
• Common credits for seniors
  Age amount, pension income amount, disability amount, amounts transferred from your spouse or common-law partner and medical expenses
• RRSP options when turning 71
  What you need to do with your RRSP
• Attendant care expenses paid to a retirement home
  What you may claim if you live in a retirement home
• Pension income splitting
  Reduce your income by splitting your pension income with your spouse or common-law partner
• Registered Retirement Income Fund (RRIF)
  How to set-up, transferring, getting and reporting income from a RRIF
• Vacationing outside of Canada
  Tax implications if you plan on spending part of the year in the U.S. or elsewhere
• Information Slips Online
  For Old Age Security and Canada Pension Plan recipients
• Change of Address
  Change the address of your OAS and CPP cheques and correspondence
• Non-resident Seniors
  Tax and filing information for non-residents
• Tax Treaties
  Details about Canada's tax agreements with other countries
• Old age security (OAS) benefits repayment
  Determining your repayment. Reporting your repayment or your tax withheld due to a repayment.
  Requesting a reduction of your OAS recovery tax
• Community Volunteer Income Tax Program
  Get or provide help filing income tax returns
• Canada Pension Plan (CPP) contributions for CPP working beneficiaries
  For taxpayers over 60 years of age. Contributing to the CPP, election to stop paying, and restarting to pay after electing to stop