Turbotax | How to file your taxes walkthrough | Canada | RRSP, CRB, CERB, CESB, Charitable donations

This video is a full walkthrough on how to file your taxes from a simple T4 to Government benefits received like CRB, CERB, CESB. In this video, you will be able to see how to file your taxes without any worries. I walk you through the entire process from start to finish with our friend Jeff/Bill.

If you need to skip ahead no worries just click on the chapters below and it will bring you to the spot you need.

0:00 Intro Turbotax
0:34 Jeff
2:49 Brief overview of Turbotax
5:41 Plug for Rakuten 15% savings
6:29 Getting on the platform
6:35 Making your tax profile, who you are personal info etc.
8:14 Turbotax explains new credits available
8:54 Linking your CRA account to Turbotax
9:15 how you know what you are getting back
9:31 Income T4 employment income
11:36 CERB, CRB, CESB T4A benefit income
12:33 Turbo tax upgrades
12:54 RRSP tax-sheltered investment income
13:52 Deductions
14:33 Student profile Canada Training Credit - if you were a student - previous video card.
16:11 Donations profile
16:44 How TurboTax optimizes your returns
17:33 At home expenses - flat rate application
18:22 How to file the detailed method T2200S
19:08 RRSP Optimizer
19:44 Summary of all your refundable and non-refundable deductions
21:26 Ontario Trillium benefit
22:29 Climate action incentive
23:31 Summary of your provincial tax credits
23:36 Review what you have put in
24:10 applying for the Canada Worker Benefit
25:05 Warnings if you have done something wrong

After watching this you will have full confidence in how to file your personal taxes I hope this video has been super helpful to you for this 2020 tax season!

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**Disclaimer**
My videos are not to be thought of as financial advice, they are here for entertainment as this is my hobby. Links and other products that appear on this video are from companies in which Nate Polmateer will earn an affiliate commission or referral bonus. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I use these links in order to further support my channel and pass on benefits to my audience. Any investment, budget, cryptocurrency advice is to be taken as my own opinion and not financial advice, I am not a financial advisor. Other than that enjoy the videos! :)

Видео Turbotax | How to file your taxes walkthrough | Canada | RRSP, CRB, CERB, CESB, Charitable donations канала Nate Polmateer