I previously filed all the paperwork and waited for the CRA to mail me the information I needed so that I could access the information the CRA has about me using the My Account internet site. You may also be able to sign in to My Account to view some of the information using information about and the password from a major bank account you have. Once you are into the CRA My Account site, you can review your previous RRSP contributions and whether they have been used for the tax deduction or not, various T-slips including T4s, T3s and T5s, and some other useful paperwork such as your RC62 Universal Child Care Benefit Statement.
Which Tax Slips Are Provided for Review on the CRA My Account Website?
- Sign in to the CRA My Account website.
- From the list across the top of the screen, click on: Tax returns
- Click on the link: Tax Information Slips (T4 and more)
- From the drop-down list, select the year for which you want the T slip information.
- From the drop-down list, select the Information slip you wish to see.
As of March 2016, the T-slip choices include:
- T4A (P)
- T4A (OAS)
- T3 (This includes T3s from mutual funds)
- RRSP Contribution Receipt
When Will My T-Slips Be Available on the CRA My Account Page?
On March 21, I checked the CRA My Account website to see which of my T-slips that had available to be reviewed.
They had only 2 of my T5 slips. One from Tangerine and one from a company I own shares in which are registered with the exchange agent Computerserve not in an unregistered brokerage account.
That was a bit puzzling because I have already received in the mail, several weeks ago, a T5 for the other shares I won that are registered with the exchange agent Computerserve not in an unregistered brokerage account.
Where Can I Get My RC62 Universal Child Care Benefit Statement?
- If you are on the CRA My Account website, from the list across the top of the screen, click on the tab called Benefits and Credits.
- Under the Benefits section, click on the link: Universal child care benefit
- Click on the link: Taxation information slips
- Click on the link for the year for which you would like to look at the statement of your UCCB.
For 2015, you should see a Box 10: total benefit paid
Which equals $60 per child per month for children above 6 years of age, or $720/year for 2015. The amount is higher for each child who was under 6 at $160per month or $1920/year. (This info is from http://www.servicecanada.gc.ca/eng/goc/universal_child_care.shtml.)
There are also links for
- Canada child tax benefit
- Working income tax benefit
- Ontario trillium benefit
- GST/HST credit
- Disability tax credit
- Ontario senior homeowners’ property tax grant
Where Can I Check My Unused RRSP Room or My RRSP Contributions That Haven’t Been Claimed Yet?
You can look up the information from your previous year’s tax returns on the CRA My Account website. Although the format of the information is different than on a Notice of Assessment, the info is there.
To review the information, from the tabs across the top of the page on the My Account website, click on: RRSP and savings plans
The maximum amount you can contribute for the taxation year 2015 is shown (on March 21, 2016).
To see how much, if any, RRSP contributions you made but have not yet deducted in previous tax years, click on the heading: RRSP
The RRSP page will state the amount of your “Unused RRSP contributions available to deduct.” Unfortunately, mine is 0.
When you’re finished poking around your CRA My Account, click on the red Logout button.
Click on Exit to exit fully.
Delete your history and cache and close your browser session.
Use Caution When Using the CRA My Account Service
Many people have reported that the My Account information is not up to date.
For example, it may not properly report how much unused TFSA contribution room you have.
Whenever possible, keep your own detailed records about TFSA and RRSP contribution and withdrawal amounts and dates.
Will the CRA My Account Service Be Able to Pre-Load All of My Tax Info into my Tax Return Software for my 2015 Return?
Based on what I’ve seen from looking at my own file, as of March 21, 2016, I could not use only the information from the CRA My Account service to complete my taxes. It’s missing several T5 and T3s.
It could get me started, though, and then I could add the missing information myself.
- What Info (T4, Tax Owing, RRSP Limits) Can You See Online from your CRA My Account Website?
- How to Get Into Your CRA My Account Tax Information Online to Check Info or Send In Changes
- How to Report Your RRSP Contribution If You Don’t Want to Take the Tax Deduction Yet
Do you use the CRA My Account website to look up any of the information you need to file your taxes? Or to double-check whether they have any forms you never received? Please share your experiences with a comment.