Important tax dates for 2026

Like all wealth planning, tax planning is not simply a one-and-done exercise. Instead, it involves ongoing annual planning and review with your wealth and tax advisors, considering your particular facts and circumstances as they change and evolve. Tax dates and deadlines are an essential part of tax planning. Here are some general important tax dates to consider:

As of January 1, 2026

Quarter 1

Dates	Details
January 1	New Tax-Free Savings Account (TFSA) contribution room becomes available. 2026 TFSA limit is $7,000. New Registered Retirement Savings Plan (RRSP) contribution room becomes available. 2026 RRSP limit is $33,810.
January 30	Deadline to pay interest on income-splitting prescribed rate loans to avoid income attribution.
February 28*	Deadline for the balance of income tax due for most corporations with a December 31 year-end (for a Canadian-Controlled Private Corporation (CCPC), which meets certain criteria, the balance of income tax due is three months after the corporation’s year-end). Deadline to issue most T4/R-1, T4A/RL-2, and T5/RL-3 income tax slips.
March 1*	March 1* is a Sunday, so the deadline is March 2, 2026. Deadline to contribute to your RRSP and be able to claim a deduction for the 2025 tax year (including Home Buyers’ Plan/Lifelong Learning Plan repayments). 2025 RRSP limit is $32,490
March 15*	First quarterly personal income tax instalment is due.
March 31*	Deadline to file most trust income tax returns. Deadline to issue most T3/RL-16 income tax slips. Deadline to file most partnership income tax returns. Deadline to issue most NR4 and T5013/RL-15 income tax slips. .

Quarter 2

Dates	Details
April 15	Deadline to file 2025 U.S. individual income tax returns or 6-month extension requests and to pay any income tax due for 2025. Deadline to file 2025 U.S. Report of Foreign Bank and Financial Accounts (FBAR) FinCEN Form 114 for U.S. persons. Generally, the deadline is automatically extended for six months.
April 30*	Deadline to file personal income tax returns for 2025 where you or your spouse or common-law partner (CLP) does not have self-employed business income and to pay any balance of income tax due for 2025. Deadline to pay any balance of income tax due for 2025 where you or your spouse or CLP partner has self-employed business income.
June 15*	Second quarterly personal income tax instalment is due. Deadline to file personal income tax returns for 2025 where you or your spouse or CLP has self-employed business income. Deadline to file 2025 U.S. individual income tax returns for U.S. citizens or resident aliens residing abroad and U.S. non-residents with no withholding tax.
June 30*	Deadline to file corporate income tax returns for 2025, where the corporate year-end is December 31.

Quarter 3

Dates	Details
September 15*	Third quarterly personal income tax instalment is due.

Quarter 4

Dates	Details
December 15*	Fourth quarterly personal income tax instalment is due.
December 30	Last trading day to complete trade settlement for most securities in 2026, notably for tax-loss selling planning.
December 31	Deadline to contribute to your First Home Savings Account (FHSA) and be able to claim a deduction for the 2026 tax year. Deadline to make charitable donations to be claimed for the 2026 tax year. Deadline for Registered Education Savings Plan (RESP) and Registered Disability Savings Plan (RDSP) contributions to receive respective government grants. Deadline to contribute to your RRSP if you turn age 71 in the year. Deadline to convert your RRSP to a Registered Retirement Income Fund (RRIF) if you turn age 71 in the year. Deadline to close your FHSA if it is the earlier of: the year following the year of your first qualifying withdrawal from your FHSA; or the year in which the 15^thanniversary of opening your first FHSA occurs; or the year in which you turn age 71.

Dates

Details

December 15*

Fourth quarterly personal income tax instalment is due.

December 30

Last trading day to complete trade settlement for most securities in 2026, notably for tax-loss selling planning.

December 31

Deadline to contribute to your First Home Savings Account (FHSA) and be able to claim a deduction for the 2026 tax year.

Deadline to make charitable donations to be claimed for the 2026 tax year.

Deadline for Registered Education Savings Plan (RESP) and Registered Disability Savings Plan (RDSP) contributions to receive respective government grants.

Deadline to contribute to your RRSP if you turn age 71 in the year.

Deadline to convert your RRSP to a Registered Retirement Income Fund (RRIF) if you turn age 71 in the year.

Deadline to close your FHSA if it is the earlier of:

the year following the year of your first qualifying withdrawal from your FHSA; or
the year in which the 15^thanniversary of opening your first FHSA occurs; or
the year in which you turn age 71.

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

This is a reminder of general tax dates and deadlines. Everyone’s tax situation is unique. Therefore, it is important to speak with your tax advisor for further discussion and analysis before implementing any tax planning strategies.

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