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CRA extends tax filing deadline

Canadians have a little longer to file their taxes now thanks to the infamous Heartbleed internet bug.

H&R Block Senior Tax Analyst Caroline Battista says despite having until May 5th, you should file now:

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Battista says the Canada Revenue Agency is phasing out all paper filing and recommends you do it online now, which is what H&R Block does.

With 20 days to go, just over 11 million Canadians have filed, while 27 million in total did so last year. Batista says there are some things, likely millions of Canadians forget when they do their taxes:

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Battista says things like the child art credit, travel insurance, and medical costs can be included when you file. That goes for vehicle gas bills for medical appointments out of town, granted the service wasn’t available closer.

She also notes that if you purchased an RRSP in the first 60 days of the year, you must now file it this year, as opposed to waiting for next year.

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