Important tax dates for 2019

Over the course of the year there are several tax deadlines that may be applicable to you. Where a deadline falls on a weekend or a holiday recognized by the Canada Revenue Agency (“CRA”), the deadline is generally extended to the next business day.

We’ve created this annual tax calendar to assist with planning around important tax dates.

View 2019 tax calendar

Quarter 1
January 1
New TFSA contribution room. Visit the CRA website for more information    
January 30
Deadline to pay interest on a family loan at prescribed interest rates to avoid income attribution.
February 28 Deadline to issue T4s, T4As, and T5s and for issuers of TFSAs to file their annual information returns.
March 1 Deadline to contribute to an RRSP for the 2018 tax year (including Home Buyers’ Plan/Lifelong Learning Plan repayments).
March 15 1st quarterly personal tax instalment is due.
Quarter 2
April 1 Deadline to file NR4s and T3 trust returns.
April 15

Deadline to file U.S. individual income tax returns for 2018 or 6-month extension requests.

Deadline to file 2018 report of foreign Bank and Financial Accounts, FinCEN report 114 (formerly FBAR), for U.S. citizens living in Canada.

April 30
Deadline to file personal income tax returns for 2018 where the taxpayer or taxpayer's spouse/common-law partner does not have self-employed business income.
June 15*

Second quarterly personal tax instalment is due.

Deadline to file personal income tax returns for 2018 where the taxpayer or taxpayer's spouse/common-law partner has self-employed business income.

Deadline to file GST/HST returns for self-employed individuals with a December 31 year-end.

Deadline to file 2018 U.S. individual income tax returns for U.S. citizen or resident alien residing abroad and U.S. non-resident with no withholding tax.

* If the deadline falls on a Saturday, Sunday or a holiday, taxpayers have until the next business day to file.

Quarter 3
September 16 Third quarterly personal tax instalment is due.
Quarter 4
December 16    
Fourth quarterly personal tax instalment is due.
December 27
Last day to settle trades in calendar year 2019 for Canadian tax-loss selling.
December 31

Contribution deadline for Registered Education Savings Plans (RESP).

Deadline to make charitable donations to be claimed for the 2019 tax year.

Important reminders

2019 TFSA dollar limit: $6,000

2018 RRSP dollar limit: $26,230

2019 RRSP dollar limit: $26,500    

This information has been prepared by Scotia Wealth Management and is intended as a general source of information only and should not be considered or relied upon as personal and/or specific financial, tax, pension, legal or investment advice. We are not tax or legal advisors and individuals should consult with their own tax and legal advisors before taking any action based upon the information. Opinions contained herein are our own as of the date hereof and are subject to change without notice. While care and attention has been taken to ensure the accuracy and reliability of the material in this website, neither Scotia Wealth Management nor any of its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of such material and disclaim any liability resulting from any direct or consequential loss arising from any use of the information contained herein. The information, opinions and conclusions contained herein are protected by copyright. This website may not be reproduced in whole or in part without the prior express consent of Scotia Wealth Management.