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Do you have to file a return?

You have to file a return for 2008 if any of the following situations apply:

  • You have to pay tax for 2008.
  • We sent you a request to file a return.
  • You and your spouse or common-law partner elected to split pension income for 2008. See line 115 - Other pensions or superannuation, and line 129 - RRSP income, for details.
  • You received Working Income Tax Benefit (WITB) advance payments in 2008, and you want to apply for WITB advance payments for 2009.
  • You disposed of capital property in 2008 (for example, if you sold real estate or shares) or you realized a taxable capital gain (for example, if a mutual fund or trust attributed amounts to you, or you are reporting a capital gains reserve you claimed on your 2007 return).
  • You have to repay any of your Old Age Security or Employment Insurance benefits. See line 235 - Social benefits repayment, for details.
  • You have not repaid all of the amounts you withdrew from your registered retirement savings plan (RRSP) under the Home Buyers' Plan or the Lifelong Learning Plan. For details, see Guide RC4135 - Home Buyers' Plan (HBP) or Guide RC4112 - Lifelong Learning Plan (LLP).
  • You have to contribute to the Canada Pension Plan (CPP). This can apply if, for 2008, the total of your net self-employment income and pensionable employment income is more than $3,500. See line 222 - Deduction for CPP or QPP contributions on self-employment and other earnings.

Even if none of these requirements apply, you may still want to file a return to receive certain benefits and credits. See Benefits of filing a return.

When will we pay interest?

We will pay you compound daily interest on your tax refund for 2008. The calculation will start on whichever of the following three dates is latest:

  • May 31, 2009;
  • the 31st day after you file your return; or
  • the day after you overpaid your taxes.

Important dates

Generally, your return for 2008 has to be filed on or before April 30, 2009.

Note
If you file your return after April 30, 2009, your GST/HST credit, Canada Child Tax Benefit (including those 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 2008 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2008 has to be filed on or before June 15, 2009. However, if you have a balance owing for 2008, you still have to pay the tax on or before April 30, 2009.

Deceased persons - If you are the legal representative (the executor, administrator, or liquidator) of the estate of an individual who died in 2008, you may have to file a return for 2008 for that individual. See What to do when someone has died for more information.

Note
If you received income in 2008 for a person who died in 2007 or earlier, do not file an individual return for 2008 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.

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