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Income Tax for Seniors

Wednesday, February 16, 2022 @ 11:00 am - 12:00 pm

Join us online using Zoom to learn about income tax updates for seniors’ benefits with Venus Cheng, Volunteer & Outreach Officer, Canada Revenue Agency. The session it is open to anyone who wants to join and learn about taxes for seniors.

Language interpretation is available for this workshop, based on need. Please register by Friday, February 11. Be sure to complete the interpretation section on the form.

View PDF flyer.

Topics to be covered include:

Common Income Types – taxable or not taxable

  • Old Age Security
    • Do you have to repay?
  • Canada Pension Plan
  • Other pensions
  • Registered retirement savings plan
    • Options at the age of 71
  • Retiring allowance
  • Lump-sum payments
  • Tax-free savings account

Common Tax Credits

  • Age amount
  • Pension income amount
  • Disability tax credit
  • Canada caregiver credit
  • Medical expenses
  • Amounts transferred from spouse
  • Pension Income Splitting

Scams
Community Volunteer Income Tax Program (CVITP)

CRA Services

  • Resource List

To register, please fill the form below.

For more information, contact Tram at 519-836-2222, ext. 222 or tnguyen@is-gw.ca

Details

Date:
Wednesday, February 16, 2022
Time:
11:00 am - 12:00 pm
Event Category:

Venue

Zoom

Organizer

Tram Nguyen
Phone
519-836-2222, ext. 222
Email
tnguyen@is-gw.ca