Level Up | How to file taxes in Canada (for beginners)

Thinking about filing your taxes and are unsure where to start?  Join this informative session to hear from industry expert and York U alumnus, Wei En (Ryan) Chen (BComm ’22), Senior Tax Associate, MySolutions team at PwC and learn about a range of topics that will give you the confidence you need to prepare your own tax return.

This session will cover:

• Basics of the Canadian tax system — What is a tax return? Why do we need to file one? What are Canadian tax rates?
• Various types of income sources that are taxed and their implications — salary vs. investment income
• Types of tax returns available to file
• Tax slips (T3, T4, T5, T2202A,T4RSP) that are commonly applicable to new grads
• Deadlines to file your taxes
• Common tax credits and deductions available and those that are relevant to students or recent graduates
• Tax planning strategies to save or defer taxes to the future
• Tax filing software available to file tax returns

Registration is required in advance and attendees will have the opportunity to ask questions.