When is the Tax Deadline in Canada in 2022?

It is that time of the year when the Canada Revenue Agency (CRA) expects you to file your income tax and benefit return and pay any taxes owing to the government.

The tax filing deadline date for 2022 is May 2, 2022.

Read on to learn about the tax deadlines in Canada in 2022, late tax filing penalties, and how to file your income tax return for free.

Tax Filing Deadline in Canada

The tax return filing deadline for the 2021 tax year is on April 30, 2022.

Because this date falls on a weekend, the tax deadline is extended until Monday, May 2, 2022.

If you are self-employed or have a spouse who is self-employed, your tax filing deadline is on June 15, 2022.

That said, any tax balances owing must be paid by May 2, 2022, or you could be hit with penalties.

Tax Dates For 2022

 Tax filingDue Dates 2022
CRA open NETFILEFebruary 21, 2022
T4 and T5 due to employees and CRAFebruary 28, 2022
RRSP contributions due for 2021 tax deductionMarch 1, 2022
Individual return tax filing deadlineApril 30, 2022 (extended to May 2nd)
Tax filing deadline for self-employed individualsJune 15, 2022
Non-resident tax return deadlineMay 2, 2022, or June 15, 2022, if a spouse is self-employed
Installment payment for individualsMarch 15, June 15, September 15, and December 15
Final tax return (deceased individual) for death between Jan 1 and Oct 31May 2, 2022
For death between Nov 1 and Dec 316 months after the date of death
Trust T3 return90 days after the trust’s tax year-end
Corporate tax return due6 months after year-end
Corporation tax paymentsMonthly or quarterly with the balance due 2-3 months after year-end

Penalties For Filing Your Taxes Late in 2022

If you don’t pay your taxes by the deadline date of May 2, 2022, CRA will start charging interest from May 3, 2022.

The current penalty on taxes owned is 5% and you also pay a 1% penalty for each month your tax return is late (for up to 12 months).

If you are required to make installment payments and do not make them, you may have to pay installment penalties and interest.

How To File Your Tax Return in 2022

You can easily file your Canadian tax return in 2022 using free and paid online tax software.

1. Wealthsimple Tax

Wealthsimple Tax (formerly SimpleTax) is CRA-certified tax software for filing your income tax return in 2022.

This free tax filing program guarantees that you will get the maximum refund and your tax return will be free of errors.

It also supports “Auto-fill my return” which makes it easy to pre-fill your data directly from the CRA onto your return.

Wealthsimple Tax has been used by more than 1 million Canadians.

2. TurboTax

TurboTax has been providing tax filing services in Canada for over 20 years.

This online tax preparation software offers both paid and free options, and you are guaranteed to get the maximum refund.

It is CRA-approved and also supports the CRA’s Autofill my return tool.

File your taxes for free or subscribe for the paid product if you have investment income, rental income, or capital gains/losses to report.

Other tax software in Canada for the 2022 tax season are:

  • UFile
  • CloudTax
  • GenuTax
  • StudioTax
  • TaxTron
  • AdvTax
  • X&R Block Online

You may also be able to file your taxes using a CRA paper return or volunteer tax clinic.

Canada Tax Deadline FAQs

When is the last day to file taxes in 2022?

The tax filing deadline in Canada is on May 2, 2022.

Is there an extension to file taxes in Canada in 2022?

No, the tax filing deadline for 2022 has not been extended.

What happens if I miss the tax deadline in Canada?

You pay a 5% interest on taxes owed plus a late-filing penalty of 1% each month for up to 12 months.

When will I get my 2022 tax refund?

If you file your 2021 tax return online, your tax refund is usually deposited within 2 weeks.

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2 thoughts on “When is the Tax Deadline in Canada in 2022?”

  1. I’m 79 years old and having a problem locating my mail (T4A) after moving to a new address, on January 4, 2022.
    One year, CRA did my tax online.
    Is there a possibility I can get help filing before May 2, 2022?

    Reply

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