Certain tax situations can be handled outside the peak filing period, allowing you to benefit from reduced fees and shorter processing times.
Please select the option below that best describes your situation. You will then see clear instructions on when to drop your tax return, the savings that apply, and any additional instructions relevant to your case.
Context
This category applies if you are not a U.S. resident for tax purposes and you own rental property located in the United States. Since you have all information on hand and do not need to wait for tax slips, you can drop your file early.
Deadline
Please drop your U.S. tax file no later than February 15.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your Canadian tax return (if applicable) must be dropped separately, once all Canadian tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the Canadian return.
Context
This category applies if you are not a U.S. resident for tax purposes and you sold real property located in the United States. The sale of U.S. real estate generally requires U.S. tax reporting. You should have this information already on hand so you can proceed with dropping your file early to benefit from the reduced fees.
Deadline
Please drop your U.S. tax file no later than February 15.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your Canadian tax file (if applicable) must be dropped separately, once all Canadian tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the Canadian return.
Context
This category applies if you are not a Canadian resident for tax purposes and you earn rental income from Canadian property, reported under Section 216.You should have this information already so you can proceed with dropping your file to benefit from the reduced fees (no need to provide NR4 form at this point).
Deadline
Please drop your Canadian tax documents no later than February 15.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your U.S. tax return (if applicable) must be dropped separately, once all tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the U.S. return.
Context
This category applies if you are not a Canadian resident for tax purposes and you sold Canadian real property, requiring a Certificate of Compliance. You have this information already so you can proceed with dropping your file to benefit from the reduced fees.
Deadline
Please drop your Canadian tax documents no later than February 15.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your U.S. tax return (if applicable) must be dropped separately, once all tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the U.S. return.
Context
This category applies if you are not a U.S. resident for tax purposes and you received a Form W-2 for U.S. employment income. Your employer has until January 31st to issue the W-2, so, you can drop your file as soon as you receive it.
Deadline
Please drop your U.S. tax file as soon as you have the W-2, no later than February 15.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your Canadian tax file (if applicable) must be dropped separately, once all Canadian tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the Canadian return.
Context
This category applies if you are not a Canadian resident for tax purposes and you received a T4 slip for Canadian employment income. Your employer has until February 28, to issue the T4, so, you can drop your file as soon as you receive it.
Deadline
Please drop your Canadian tax documents as soon as you have the T4 slip, no later than February 28.
Financial benefit
By dropping your tax documents by this date, you are eligible for an early filing discount, which results in reduced fees and shorter processing times.
Additional instructions
Your U.S. tax return (if applicable) must be dropped separately, once all tax slips have been received and your drop is complete. The current rate at the moment of the drop will apply to the U.S. return.
Context
This category applies if you are a U.S. citizen residing in Canada and you do not earn income from U.S. sources.
If you are in this situation, your US tax return is not required for the preparation of the Canadian return, and you have the right to request a deadline extension to October 15, without any penalty.
Deadline
Please drop your tax U.S. file after April 30.
Financial benefit
By dropping your tax file after April 30, you are eligible for a reduced off-season rate.
Additional instructions
We offer, at no additional cost, the preparation and filing of a U.S. extension request, extending the filing deadline to October 15.
You may either drop the U.S. file at the same time as the Canadian file and choose to have the U.S. file processed during the off-season period, or drop the U.S. file separately after April 30.
Need help choosing?
If you are unsure which situation applies to you, please contact Effisca Tax, and we will be happy to assist you.