Financial Skills for the Real World: Income Taxes

Would you like to better understand tax slips and learn how to file your income taxes? Then this webinar is for you. We will first start with a brief overview of the Canadian tax system covering topics such as: types of different taxes, tax brackets, and how different income gets taxed. We will review key tax slips (see list below) and show you how to make sense of them through live examples. Finally, we will cover various tax credits and deductions available to you.

Learning Outcomes:
• Learn about the different Canadian tax brackets, what counts as taxable income, and how different types of income get taxed.
• Develop a basic understanding of the information contained on key tax slips (T4, T4A, T5, T2202, RL-1, RL-3, RL-8, RL-19, RL-24, and RL-31).
• Learn about common tax deductions and credits available to you.

IMPORTANT: Students must register with their official McGill email address in order for the registration to be valid.

No-Show Fee Alert: There are no fees associated with SKILLSETS webinars; however, registering for an online event is a commitment to attend. If you can no longer attend, make sure to cancel your registration. Otherwise, a $25 No-Show Fee will be charged to your McGill student account. Exceptions will only be made for students in the case of emergencies or “extenuating circumstances”. https://www.mcgill.ca/skillsets/policies

Register here!