2006 Tax Returns

A letter from the partners about preparing your documents for your 2006 tax returns

2006 Tax Checklist - please fill out this information electronically and send to our office in advance of your visit - Print the document (this can then be faxed, or mailed in to our office).  To navigate this form, you can use the 'Tab' key to move between boxes and the spacebar or mouse for a check mark.

 

Filing Deadlines

April 30, 2007  - All personal tax returns for 2006 with the exception of Self Employed or Professionals.

June 15, 2007 - Self Employed and Professionals must file their tax returns.

Note
If you file your personal return after April 30, 2007, your GST/HST credit, Canada Child Tax Benefit (including those payments from certain related provincial or territorial programs), and Old Age Security benefit payments may be delayed.

Self-employed persons
If you or your spouse or common-law partner carried on a business in 2006 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2006 has to be filed on or before June 15, 2007. However, if you have a balance owing for 2006, you still have to pay it on or before April 30, 2007. For details of how to make your payment, see line 485.

Deceased persons
If you are the legal representative (the executor, administrator, or liquidator) of the estate of an individual who died in 2006, you may have to file a return for 2006 for that individual. Get Guide T4011, Preparing Returns for Deceased Persons, for details about your filing requirements and options. The due date for the final return will depend on the date of death and whether or not the deceased or his or her spouse or common-law partner carried on a business in 2006.

Note
If you received income in 2006 for a person who died in 2005 or earlier, do not file an individual return for 2006 for that income on behalf of that person. However, you may have to file a T3 Trust Income Tax and Information Return for the estate.

Click here to find out the due date for filing a deceased person's final return.

For Information on 2006 Year End tax Planning, as provided by the Royal Bank of Canada please click here