Do university students have to file income tax return?

Absolutely. As a student, you must file a return if any of the following situation is applicable to you:

• you have to pay taxes for the year
• you have not repaid all amounts withdrawn from your RRSP under the Lifelong Learning Plan
• You have to contribute to the Canada Pension Plan (CPP)
• You received Working income tax benefit advance payments in 2013

Even if none of the above situation applies to you, you may choose to file a return if any of the following applies:

• You want to claim a refund
• You want to apply for the GST/HST credit
• You or your spouse or common-law partner wishes to apply for Canada Child Tax Benefit payments
• You want to carry forward or transfer the unused part of your tuition, education and textbook amounts

ABOUT THE AUTHOR

ALLAN MADAN

CA.CPA.CGA

Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.

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