​Steps to get ready for 2025 taxes

​

1. Key dates and deadlines

​

        By filing and paying any taxes you owe on time, you will avoid late-filing penalties and interest.           

      Mark these dates in your calendar so you don’t miss any deadlines:

      February 23, 2026 – You can start filing your 2025 tax return online. Make sure you have all your        tax slips before you file.

      April 30, 2026 – Deadline for most individuals to file their tax return and pay any taxes owed.

      June 15, 2026 – Deadline to file your tax return if you, or your spouse or common-law partner,

      are self-employed. If you owe money, you will still need to pay by April 30, 2026, to avoid interest.

​​

1. Know what to report and claim

   • Report your income

     What to report as income, including self-employment income, foreign investment income, income from assets, or other earnings.

   • Claim deductions, credits, and expenses

     Find and claim tax deductions and credits, and get information on tax instalments and expenses.

   • Get your tax slips

     Understand your tax slips such as the T4 and T4A, when you will receive them, and how to get copies.

2. Keep your CRA information up-to-date

   Change your address, phone number, name, or marital status with the CRA. Register for direct deposit and keep it up-to-date to get your payments and refunds faster.

Tax season starts on February 23! Here’s what you need to start filing - Canada.ca