Thanks Sonny N.
The GST rebate comes automatically when you file your Federal Income Tax return and check the GST rebate box on page 1.
You can download the the tax return ( T1) form from the the following site .Make sure to select the form that corresponds to you province.
http://www.cra-arc.gc.ca/formspubs/t1general/menu-e.html
You're thinking of the GST Credit, which gets mailed out (or direct deposited) every 3 months (Jan, April, July, Oct). In order to apply for this credit, you must fill out a tax return - even if you didn't make anything. You also have to be 19 in order to receive the credit. You won't benefit from filling out a return this year since you are still a dependant and your parents claim the credits for you until you're 18. When you get your first job, you will get a T4 slip for your income the following February. THEN you will file your first return. So, quick summary, your first return will be filed for the year you start working or the year you turn 18 (so that you get the credit as soon as possible after you turn 19 - you just check "yes" on the return where it says "Are you applying for the GST credit"), whichever comes first.
Here's a link that will tell you a little more about it:
http://www.cra-arc.gc.ca/benefits/gsthst/faq_qualifying-e.html
I hope this helps. =)
P.S. Why did I get 2 thumbs down when I provided accurate info including a link that verifies it? Just curious. =(
Usually when your file your income tax report, there is a box at the top that asks you if you are applying for gst refund, you would simply put an X in that box, there is no form that I am aware of.
No comments:
Post a Comment