How to file your own Canadian tax return for free! This tutorial from a CPA shows you step-by-step guide prepare your personal tax return quickly and for free!

Paul also explains how to record your self-employment income and  expenses on your return.

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✅ Get weekly tax and business tips: [ Ссылка ]

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🎥 CONTENTS OF THIS VIDEO

00:00 - Intro
00:46 - Create a Wealthsimple Account
01:05 - Choose Your Tax Year
01:26 - Answer a Few Questions
01:49 - Enter Your Personal Information
02:21 - Use CRA My Account to Import Information
04:21 - Questionnaire on Income and Deductions
05:55 - Wealthsimple Suggests Tax Credits and Deductions
07:26 - Add a Few More Personal Details
08:41 - Add Information About Your Family (if applicable)
09:16 - Miscellaneous Information
10:47 - CRA My Account
11:22 - Auto-fill My Return and Crypto Transaction Import
11:54 - Manage Your Tax Forms
12:33 - Spouse or Common Law Partner
14:47 - Employment Income - Enter T4 Information
15:11 - Investment Income - Enter T5 Information
15:23 - Donations and Gifts
16:09 - Medical Expenses
17:59 - RRSP Contributions and Deduction
20:22 - Review and Optimize Your Return
22:34 - Review Your Summary
23:26 - Submit Your Tax Return
23:54 - Self-employment Section Starts Here!
24:18 - Self-employment Bookkeeping (Free Template)
26:11 - Record Revenue and Expenses
27:43 - Record Asset Purchases
28:05 - Record Your Home Office Expenses
29:35 - Enter Self-Employment Info Into Wealthsimple Tax
32:21 - Capital Cost Allowance
34:38 - Business Use of Home Expenses
25:16 - Confirm Your Numbers
36:04 - Optimize and File Your Return!

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🔗 MENTIONED IN THIS VIDEO

► Setting up CRA My Account
[ Ссылка ]

► Understanding Medical Expense Claims
[ Ссылка ]

► RRSPs Explained - Video
[ Ссылка ]

► Do I Have to Charge GST/HST?
[ Ссылка ]

► Expenses you can deduct in your business
[ Ссылка ]

► Free Bookkeeping Template - Google Sheets and Excel
[ Ссылка ]

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