{"id":3104,"date":"2026-02-19T08:00:26","date_gmt":"2026-02-19T08:00:26","guid":{"rendered":"http:\/\/altafina.com\/ressources\/your-2025-tax-guide-important-information%f0%9f%9a%a9\/"},"modified":"2026-09-26T19:15:00","modified_gmt":"2026-09-26T19:15:00","slug":"your-2025-tax-guide-important-information%f0%9f%9a%a9","status":"publish","type":"lws-ressource","link":"https:\/\/altafina.com\/en\/ressources\/your-2025-tax-guide-important-information%f0%9f%9a%a9\/","title":{"rendered":"Your 2025 Tax Guide : Important Information\ud83d\udea9"},"content":{"rendered":"\r\n    <section id=\"block_7f08789382fd012150b9027b136ecd2f\" class=\"section section-text palette-white lws-animate-section\">\r\n\r\n        \r\n        \r\n        <div class=\"block block-text\">\r\n            \r\n<div class=\"container\">\r\n    <div class=\"content-text text-left w-full mr-auto lws-fade-item\">\r\n        <h5><strong>Dear Investors,\u00a0<\/strong><\/h5>\n<p><\/p>\n<div>\n<p data-end=\"346\" data-start=\"117\">Here is some important information for your 2025\u00a0tax returns, including several links to guides to help you retrieve your documents.<\/p>\n<h5><strong>Important Dates<\/strong><\/h5>\n<p><strong>March 2<\/strong><strong><sup>nd<\/sup><\/strong><strong>, 2026 \u2013 RRSP<\/strong>: Deadline to contribute to your RRSP for the 2025 tax year.<\/p>\n<p>\ud83d\udcb0\u00a0<strong>How much can you contribute to your RRSP?<\/strong>\u00a0\u00a0Your RRSP contribution room is listed on your federal notice of assessment. See our guides:<\/p>\n<ul>\n<li style=\"list-style-type: none\">\n<ul>\n<li><a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/retrieve-federal-notice-of-assessment-cra\" target=\"_blank\" rel=\"noopener\">How to retrieve your federal notice of assessment from the CRA website.<\/a><\/li>\n<li><a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/2025-rrsp-annual-contribution-limit-registered-retirement-savings-plan\" target=\"_blank\" rel=\"noopener\">Maximum RRSP amount for 2024 and 2025.<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>3\ufe0f\u20e3\u00a0<strong>Did you know that RRSP contribution receipts are issued three times?<\/strong><\/p>\n<ul>\n<li><strong>End of January 2026:<\/strong>\u00a0For contributions made between March 4<sup>th<\/sup>\u00a0and December 31<sup>st<\/sup>, 2025.<\/li>\n<\/ul>\n<ul>\n<li><strong>Beginning of February 2026:<\/strong>\u00a0For contributions made between January 1<sup>st\u00a0<\/sup>and January 31<sup>st<\/sup>, 2026.<\/li>\n<\/ul>\n<ul>\n<li><strong>Beginning of March 2026:<\/strong>\u00a0For contributions made between February 1<sup>st\u00a0<\/sup>and March 2<sup>nd<\/sup>, 2026.<\/li>\n<\/ul>\n<p><strong>March 31<\/strong><strong><sup>st<\/sup><\/strong><strong>, 2026 \u2013 Tax slips<\/strong>\u00a0\ud83d\uddd3\ufe0f: Tax slips are made available or mailed by this date, depending on your selected delivery method.<\/p>\n<ul>\n<li>You can wait until this date before retrieving the slips, which will be available on the PEAK portal:\u00a0\u201c<a href=\"https:\/\/www.monpeakenligne.com\/secure_new\/default.asp?Lng=EN\" target=\"_blank\" rel=\"noopener\">MyPEAKOnline<\/a>\u201d.<\/li>\n<li>Alternatively,\u00a0<a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/tax-slips-mailing-dates-for-2026\" target=\"_blank\" rel=\"noopener\">click here<\/a>\u00a0for a table with the specific dates on which each slip will be available.<\/li>\n<\/ul>\n<p><strong>April 30<\/strong><strong><sup>th<\/sup><\/strong><strong>, 2026 \u2013 Tax return<\/strong>\u23f0: Deadline to file your tax return and pay any balance owing.<\/p>\n<p><strong>Self-employed?<\/strong>\u00a0\ud83d\udc77\u200d\u2642\ufe0f\ud83d\udc69\u200d\u2695\ufe0f If you are self-employed, you have until June 15<sup>th<\/sup>, 2026, to file your return. However, any balance owing must be paid by April 30<sup>th<\/sup>, 2026.<\/p>\n<p>&nbsp;<\/p>\n<h5><strong>Other Important Information<\/strong><\/h5>\n<p><strong>A) \ud83d\udcc8 Capital gains\/losses report<\/strong>: If sales were made in your cash account in 2025, you must generate this report directly on the PEAK portal (this report is no longer sent by email).<\/p>\n<ul>\n<li>\ud83d\udcbb\u00a0<strong>How do I generate the gains report on the PEAK portal?<\/strong>\u00a0<a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/generate-capital-gains-report-my-peak-online\" target=\"_blank\" rel=\"noopener\">Consult our guide<\/a>.<\/li>\n<li>\ud83d\udcc6\u00a0<strong>Wait until after March\u00a0<\/strong><strong>31<sup>st<\/sup><\/strong><strong>?\u00a0<\/strong>Up to this date, the amounts on certain slips are often amended. You can either wait until after this date, or make sure after March 31<sup>st<\/sup> that your tax slips have not been amended. If they have, you will need to generate an updated report.<\/li>\n<li>\ud83d\udc7b<strong>\u00a0Phantom distributions?<\/strong>\u00a0Have you noticed that the book value (or ACB for\u00a0<strong><u>A<\/u><\/strong>djusted\u00a0<strong><u>C<\/u><\/strong>ost\u00a0<strong><u>B<\/u><\/strong>ase) has changed on your latest account statement, and you cannot explain why? This can often be explained by phantom distributions.<br \/>\n<a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/phantom-distributions-how-to-understand-them\" target=\"_blank\" rel=\"noopener\"><u>Click here<\/u><\/a> for our explanation.<\/li>\n<\/ul>\n<p><strong>B)<\/strong>\u00a0<strong>\ud83d\udcb0<\/strong>\u00a0<strong>Fee deduction for cash (non-registered) accounts:<\/strong><br \/>\nIf you have a cash account, remember that you can deduct the management fees using the receipt that will be issued on the PEAK portal.<\/p>\n<p><strong>C) \ud83c\udfc6<\/strong>\u00a0<strong>Did you know that you can print all your tax slips available on the PEAK portal with a single click?<\/strong><br \/>\nWhen all your tax slips are available (probably at the end of March), you will be able to print them by account in a single click by choosing\u00a0<em><strong>Merge selected<\/strong><\/em>. Please note that the capital gains\/losses report must be generated and printed separately.<\/p>\n<ul>\n<li><strong>How to do it?\u00a0<\/strong><a href=\"https:\/\/www.gagnejohnston.com\/en\/post\/retrieve-tax-slips-my-peak-online\" target=\"_blank\" rel=\"noopener\">Consult our guide.<\/a><\/li>\n<\/ul>\n<p><strong>D) \ud83d\udcdc<\/strong>\u00a0<strong>About certain tax slips on the PEAK portal:<\/strong><\/p>\n<ul>\n<li><strong>T3 Letter \u2013 little-known but handy:\u00a0<\/strong>This document lists the T3 and RL-16 slips you will receive by March 31<sup>st<\/sup>. Make sure you have all these tax slips before you generate your capital gains\/losses report (if required) and file your tax return.<\/li>\n<li><strong>T5008 \u2013 No, it is not empty:<\/strong> The financial data appear on the last page only: it is normal for the boxes on the first page to be empty.<\/li>\n<\/ul>\n<p><strong>E) \ud83d\udceb<\/strong>\u00a0<strong>Watch the mail for these slips:\u00a0<\/strong>For mutual funds held or formerly held in a cash (or non-registered) account,<strong>\u00a0please note<\/strong> that the tax slips were mailed to you directly by the fund companies (and are not available on the PEAK portal). This is the case for funds from Manulife, Edgepoint, Dimensional (DFA), Fidelity, BMO, RBC and others.<\/p>\n<p><strong>\ud83c\udfe1<\/strong>\u00a0<strong>First home in 2025?\u00a0<\/strong>If you or one of your children bought your first home in 2025, do not forget to apply for the tax credit and receive up to $2,611 in refunds.<\/p>\n<ul>\n<li><a href=\"https:\/\/cffp-recherche-usherbrooke-ca.translate.goog\/outils-ressources\/guide-mesures-fiscales\/credit-impot-achat-premiere-habitation\/?_x_tr_sl=auto&amp;_x_tr_tl=en&amp;_x_tr_hl=fr&amp;_x_tr_pto=wapp#:~:text=Ainsi%2C%20le%20cr%C3%A9dit%20du%20Qu%C3%A9bec%2C%20combin%C3%A9%20au%20cr%C3%A9dit,1%20400%20%24%20de%20la%20part%20du%20Qu%C3%A9bec.\" target=\"_blank\" rel=\"noopener\">For more information, click here.<\/a><\/li>\n<\/ul>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<div>As usual, we are available to help you or answer any questions you may have.<\/div>\n<p><\/p>\n<div>\u25ba\u00a0514-499-8444<br \/>\n\u25ba\u00a01-800-848-0393\u00a0(toll-free).<br \/>\n\u25ba\u00a0<strong><a href=\"http:\/\/calendly.com\/pracicot\" target=\"_blank\" rel=\"noopener\">Book an appointment<\/a><\/strong><\/div>\n<\/td>\n<p><\/tr>\n<p><\/tbody>\n<p><\/table>\n<p><\/td>\n<p><\/tr>\n<p><\/tbody>\n<p><\/table>\n<p><\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\"><a href=\"https:\/\/www.gagnejohnston.com\/en\" target=\"_blank\" rel=\"noopener\"><strong><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mcusercontent.com\/447f9a43f334374d80ec1e8f5\/images\/98da1e05-4057-be66-3249-a715dbd305c7.png\" width=\"250\" height=\"80\" data-file-id=\"2573337\" \/><\/strong><\/a><br \/>\n<strong>\u00a0 \u00a0 \u00a0<\/strong><strong>\u00a0\u00a0<\/strong><strong>Patrick Racicot, MBA, CFA<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/td>\n<p><\/tr>\n<p><\/tbody>\n<p><\/table>\n<p><\/div>\n    <\/div>\r\n<\/div>\r\n        <\/div>\r\n\r\n    <\/section>\r\n","protected":false},"excerpt":{"rendered":"<p>Here is some important information for your 2025 income tax return, including several helpful guides on how to access and retrieve your documents.<\/p>\n","protected":false},"author":2,"featured_media":3103,"template":"","ressource-type":[40],"class_list":["post-3104","lws-ressource","type-lws-ressource","status-publish","has-post-thumbnail","hentry","ressource-type-guides"],"acf":[],"_links":{"self":[{"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/lws-ressource\/3104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/lws-ressource"}],"about":[{"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/types\/lws-ressource"}],"author":[{"embeddable":true,"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":18,"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/lws-ressource\/3104\/revisions"}],"predecessor-version":[{"id":3732,"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/lws-ressource\/3104\/revisions\/3732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/media\/3103"}],"wp:attachment":[{"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/media?parent=3104"}],"wp:term":[{"taxonomy":"ressource-type","embeddable":true,"href":"https:\/\/altafina.com\/en\/wp-json\/wp\/v2\/ressource-type?post=3104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}