You should find out about your tax obligations to see if you need to file an income tax and benefit return. Filing a return is the only way to receive refunds as well as certain benefits and credits, including the Canada child benefit, the Canada workers benefit, the goods and services tax / harmonized sales tax credit, the Guaranteed Income Supplement and related provincial and territorial payments.
To continue supporting Canadians throughout the COVID-19 pandemic, important income support was extended through the Canada Recovery Sickness Benefit (CRSB), and the Canada Recovery Caregiving Benefit (CRCB) until May 7, 2022.
The Canada Recovery Benefit, CRSB, or CRCB payments are considered taxable income, 10% tax was withheld at source. Therefore, the T4A tax slip issued for these payments will indicate the total amount of income to be reported and the amount of tax withheld at source to be claimed on your tax return. The T4A information slips from the Government of Canada for COVID-19-related benefits will be provided online if you’re registered for My Account and have full access. To have full access to My Account, you need to enter the CRA security code we issued to you after completing the first step of the registration process. If you’re not registered for My Account, you will receive your T4A tax slip in the mail.
To continue getting your benefit and credit payments, you need to do your taxes on time every year, even if your income is tax exempt or you had no income at all.