Our Tax Clinic is an event promoting the link between students and their community by allowing them to fill out fiscal declarations for individuals with low income in the region of the Greater Montreal. By doing so, their accounting and business knowledge acquired through their university studies are applied to a good cause.
Once again, the student committee La Société des Relations d’Affaires, in collaboration with the CAR and Revenue Québec are proud to host the 35th edition of HEC Montreal’s Tax Clinic. This event, whilst promoting the community spirit amongst students, allows individuals with low income to fill out their fiscal declarations.
The Tax Clinic will be held on March 25, 26, 27 and 28th 2021 and is open to all eligible individuals at no cost, and no appointment is needed.
200 students from HEC Montréal, producing 1500 declarations, are giving back to their community by applying the fiscal knowledge they acquire through formations offered by the government and by the supplier of the software.
Please keep track of the pertinent information that will continuously be posted on this page for the 2021 Tax Clinic!
OVERVIEW - HEC MONTREAL TAX CLINIC
Below you may find the family income threshold admissible:
1 person - $35 000
2 people - $45 000
3 people - $47 500
4 people - $50 000
5 people - $52 500
For families composed of 5 members and more, an additional $2500 is admissible.
No declaration will be produced in the following cases:
Gain or loss in capital
Self-employed individuals with expenses
Interest income superior to $2000
TED is an automated service that allows the preparation and transmission of an individual’s income declaration to the Canadian Revenue Agency (CRA) directly with the help of a certified software.
Individuals can download and upload their documents the day of the clinic and have their declarations prepared and transferred electronically thanks to the TED.
Due to the online version, individual will have to schedule an appointment.
Questions & Answers
When will the event take place?
March 25, 26, 27 and 28th 2021.
Where will the event take place?
Online on a virtual platform. Appointment are required to participate.
Is the event exclusively for HEC Montréal students?
No, the Tax Clinic is open to all individuals who are admissible according to the applicable criteria.
Is this Tax Clinic free?
Yes! HEC Montréal’s Tax Clinic offers this service free of charge.
Is it possible to produce a declaration of revenues for a previous year?
No, only income tax returns for 2020 will be produced. No income tax returns for previous years will be produced.
Please view this link to consult alternate options of tax declaration production counters in Montreal: http://www.cra-arc.gc.ca/tx/ndvdls/vlntr/clncs/montreal-qc-fra.html (CAR website).
Which documents are required?
- Social insurance number (SIN)
- Your status proof: Canadian citizen, permanent resident, temporary resident
In order to benefit from the Tax clinic services, individuals must bring all official documents provided by educational institutions, employers, ministries, governmental organizations, financial institutions and other.
MAIN SLIPS FROM REVENU QUEBEC
RL-1: Used by individuals to complete the personal income tax return;
RL-31: Used to report information about leased dwellings;
RL-8: Filed by any educational institution under the loans and bursaries program for full-time studies at the secondary level and for full-time studies at the postsecondary level. It is given in by students or one of their parents to complete the personal income return;
RL-24: Slip that is provided by childcare services center and summarizes expenses paid for educational fees;
RL-2: Income slip filed by RRSP and RRIF issuers, by PRPP and VRSP administrators, by DPSP trustees, and by payers of retirement benefits, annuities and income-averaging annuities;
RL-5: Reports amounts of social assistance payments/CSST;
RL-6 : Reports amounts paid to individuals as parental, maternity, paternity or adoption benefits;
RL-3 : Investment income.
MAIN SLIPS FROM REVENU CANADA
T4: Statement of remuneration paid;
T4A: Statement of pension, retirement, annuity and other income;
TA(OAS): Statement of old age security;
T4A(P): Statement of Canada pension plan benefits;
T4E: Statement of employment insurance and other benefits;
T4RSP: Statement of RRSP income;
T4RIF: Statement of income from a registered retirement income fund;
T5007: Statement of benefits;
RC210: Working income tax benefit advance payments statement;
T5: Investment income;
T2202: Education amount certificate.
OTHER MAIN SLIPS TO BRING:
- Medical fees: Only eligible when the medical fees are over 2500$;
- Tuition fees: Forms T2202 or T2202A, available on your institution’s platform;
- Contributions to a political party;
- Sports activities and/or artistic: official receipts only (for children);
- Professional subscription.
*Public transit does not allow tax returns as of July 1st 2017*
Do all members of the family need to take an appointment?
No, it is not necessary for all members to schedule an appointment and be present. However, all their documents need to be gathered (SIN, slips, receipts, etc.)
Questions after the Tax Clinic?
HEC Montreal’s Tax Clinic is unable to produce tax declarations on dates other than March 25th to 28th. After these dates, it will be impossible to produce new declarations or modify your existing ones.
For alternative solutions, you may consult the following website: http://www.cra-arc.gc.ca/tx/ndvdls/vlntr/clncs/montreal-qc-fra.html to obtain the list of other producers of tax declarations in Montreal.
For all questions about individuals’ taxes, please contact the Canadian Revenue Agency at the following number: 1-800-959-7383.