2024 Personal Tax Intake Form Logo

  • Personal Tax Intake Form for 2024 Returns

    Your First Step to a Stress-Free Tax Season

  • ✔ Step 1 – Complete Your Intake Form: 

    🔹 Provide key details about your tax situation so we can assess complexity and ensure accuracy.

    🔹 No tax documents are needed at this stage—you’ll submit them later using your Personal Tax Checklist.

    📌 What’s Next?
    Your intake form is Step 1 of our streamlined tax process. Below is a quick overview of what to expect next.

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  • New to Clearly Financials? We’ll guide you through our process step by step.

  • Welcome back! We'll streamline this form for you.

     

  • 📌 Click "Next" to continue your tax intake process.

  • Terms and Conditions

     

    Consent & Acknowledgment

    By clicking "I Agree" or signing below, you acknowledge and consent to the following:

    The accuracy and completeness of the information you provide is your responsibility.
    You confirm that all information supplied is, to the best of your knowledge, true, complete, and fully discloses your reporting obligations.
    You authorize us to process your data in accordance with our privacy policy.

    How We Protect Your Data

    We take privacy and security seriously and implement stringent measures to protect your personal and financial information:

    Our online forms are secured with 256-bit SSL encryption, PCI Certification, and industry-standard security protocols.
    We carefully select third-party software vendors that maintain strong privacy policies and compliance with security regulations.
    For more details on JotForm’s security practices, refer to their Security Statement.

    Acceptance of Privacy Policy

    By using our services, you consent to the collection, use, disclosure, and processing of your personal data as outlined in our full privacy policy: Clearly Financials Privacy Policy.

    If you provide information on behalf of others (e.g., dependents, spouses, business partners), you confirm that you have obtained their consent for the collection, use, and disclosure of their personal information in compliance with applicable privacy laws.

    Where Your Data Is Stored

    Your personal or business data may be stored outside of Canada, as we use third-party service providers for secure data processing.
    We take reasonable precautions to ensure that our service providers uphold strict confidentiality and data security standards.

    Cookies & Online Tracking

    If you have enabled cookies on your web browser, you consent to JotForm Inc.'s use of cookies as outlined in their privacy policy.

    Voluntary Consent & Opt-Out Option
    Your consent to these terms is voluntary. You may revoke your consent at any time by opting out.
    If you choose to opt out, we may no longer be able to provide certain services.
    In such cases, you may submit physical copies of documents to our office. See our contact page for details on office hours and locations.

    Confidentiality & Third-Party Service Providers

    As professional accountants, we uphold the highest standards of confidentiality. We will not share your confidential information unless:

    ✔ You provide explicit prior consent.
    ✔ We are required by law, court order, or professional ethics rules.
    ✔ The information is publicly available or enters the public domain.
    ✔ We engage a third-party service provider to assist in providing services to you.

    If we share your data with a third-party service provider, we will:

    Require them to sign a confidentiality agreement.
    Take reasonable precautions to ensure they follow strict security measures.
    If adequate confidentiality protections cannot be secured, we will seek your consent before sharing your data.

  • Clear

  • Confirmation of Identity

    For New Clients

  • Your Security is Our Priority


    As part of our commitment to safeguarding your confidential information, we are legally required to verify your identity before filing your tax return for the first time. This verification helps prevent fraud and ensure compliance with government regulations.

    🔒 Your information is secure. Any photos you provide will be used solely for identification purposes and will not be shared or stored beyond what is required for compliance.

    You can conveniently verify your identity directly through this form.

    Alternatively, if you prefer a face-to-face interaction—whether in person or via video conferencing—please visit our website to schedule an appointment.

    📌 This is a one-time verification for new clients. Returning clients are exempt from submitting a selfie.

  • Basic Information

  • Security Notice

    Your Privacy & Security Matter
    We take privacy and security seriously. Your Social Insurance Number (SIN) and personal information are protected using 256-bit SSL encryption and strict confidentiality measures. Your data is only used for tax filing and verification purposes and will never be shared without your consent.

    📌 Prefer an Alternative? If you’d rather provide your SIN another way, you can:
    ✔ Call us at (780) 988-9812
    ✔ Email us at personal.tax@clearlyfinancials.ca

    Read more about the Jotform Security FAQ.

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  • Residency

    • 💡 Did you know? Click to expand. 

    • If you were a resident of Alberta on December 31, you’re automatically eligible for the Canada Carbon Rebate (CCR)—a quarterly payment of up to $900 per year for single individuals. No application is required—payments are sent directly based on your tax return!

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  • Marital Status

    • 💡 Did you know? Click to expand. 

    • If an unmarried couple lives together for 12 months or longer, the Canada Revenue Agency (CRA) may consider them common-law for tax purposes.

      Additionally, if a couple has a child together (by birth or adoption), they are immediately considered common-law, even if they haven’t lived together for a full year.

      Why does this matter?
      ✅ Common-law spouses must report their status to CRA.
      ✅ It can impact benefits, tax credits, and deductions, including the Canada Child Benefit (CCB) and GST/HST credits.

      📌 Not sure about your status? Check the CRA’s guidelines on marital status.

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  • CRA Compliance Questions

    • 📌 Elections Canada Information Sharing (Click to expand) 

    • 📌 Elections Canada Information Sharing

      The CRA can share your name, address, date of birth, and citizenship status with Elections Canada.

      ✅ Why?

      This helps keep your voter registration up to date and makes it easier to vote in future elections.

      🔹 Important: No tax information is shared.

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    • 💡 Do you own foreign property?  (Click to expand) 

    • 📌 Foreign property includes real estate, investments, stocks, or cryptocurrencies held outside Canada.

      📌 If the total value of your foreign assets was more than $100,000 CAD at any time during the year, you must report it to the CRA.

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    • Principal Residence Disposition Reporting (Click to expand) 

    • Since 2016, all sales or changes in use of a principal residence must be reported to the CRA. Failure to report can result in penalties.

      What counts as a principal residence?
      ✅ Your home that you own and live in
      ✅ A vacation home or cottage (if designated as your principal residence)

       

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    • What does "Change in Use" mean? (Click to expand) 

    • 📌 Important: A "change in use" means switching from a principal residence to a rental property, or vice versa. This has similar tax implications to selling a home.

       

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    • 💡 Who qualifies as a first-time homebuyer?
      The CRA considers you a first-time homebuyer if you:
      ✔ Purchased a home, and
      ✔ Have not lived in a home that you or your spouse owned in the past 4 years.

    • 💡 Important:

      If you owned more than one residential property in 2024, only one can be designated as your principal residence for tax purposes.

      📌 Need help deciding which property to designate? Learn more about CRA’s principal residence rules.

  • 📍 Current Address Details

    Keep your contact details up to date for accurate tax filings.
    • 📌 Did you know? (Click to expand) 

    • If you moved 40 km or more for work, school, or business, you may be eligible to claim moving expenses on your tax return.

      💰 Eligible expenses may include:
      ✔ Transportation & storage costs
      ✔ Temporary living expenses
      ✔ Real estate fees & legal costs

      📌 Next Steps:
      You will receive a detailed checklist in your Personal Tax Checklist (sent later) to guide you through eligible expenses and required documentation.

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  • 🏡 First Home Savings Account (FHSA)

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    • ✅ How the FHSA Can Help You Buy a Home (Click to expand) 

    • 📌 First Home Savings Account (FHSA)

      In 2023, the Canadian government introduced the First Home Savings Account (FHSA)—a registered savings plan designed to help first-time home buyers save for a home.

      ✔ Tax benefits: Combines tax-deductible contributions (like an RRSP) with tax-free withdrawals (like a TFSA).
      ✔ Who qualifies? Available to those who haven't owned a home in the last four years.
      ✔ How long can I use it? Can be used for up to 15 years before purchasing a home.
      ✔ Contribution limits: $8,000 per year (up to a lifetime max of $40,000).

      💡 Not sure if an FHSA is right for you? Consult a financial advisor to explore its benefits.

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    • ➡ You must report an FHSA even if no contributions were made.

  • Other Income Sources (Not Reported on a Tax Slip)

    📍 Report any income not included on a standard tax slip.

  • Did You Know?

    It is important to consider the GST impact of short-term rentals. There are significant GST considerations to think about before starting or stopping any short-term rental operations.

  • 💡 This includes:


    ✔ Self-employment (sole proprietorship, freelance, consulting, etc.)
    ✔ Rental income (if GST applies, e.g., short-term rentals like Airbnb)
    ✔ Partnership income (if the partnership requires GST registration)
    ✔ Other taxable personal income (certain foreign income, commissions, royalties, etc.)

    ⚠ Do not enter a GST number associated with a corporation you own.

  • 📂 Document Upload Reminder

    ✅ Your Personal Tax Checklist will be emailed to you after you accept your proposal — please wait for it before uploading documents. This checklist will help you organize and submit your income-related documents efficiently.

    🔹 You do NOT need to report regular tax slips (T3, T4, T5, T5008, etc.) here—these will be uploaded when you receive your checklist.

    ✅ If necessary, you may also email your tax documents to personal.tax@clearlyfinancials.ca.

    📌 Why wait for the checklist?
    Using the checklist ensures that nothing is missed and helps us process your return faster and more efficiently.

  • Employment Expenses

    📍 Work-from-home and other job-related deductions

  • 💡 Important Update:

    The temporary flat-rate work-from-home deduction is no longer available for the 2024 tax year. If you plan to claim home office expenses, you must use the detailed method.

    • 📌 Employment Expense Claims – What You Need to Know 

    • ❓ Are You Claiming Employment Expenses?

      These may include:
      ✔ Work-from-home expenses (requires the detailed method)
      ✔ Supplies required for your job (not reimbursed by your employer)
      ✔ Certain travel or vehicle expenses (if required by your job & approved by your employer)

       

      📌 What You Need to Claim Employment Expenses:

      ✅ A T2200 – Declaration of Conditions of Employment, completed and signed by your employer.
      ✅ Detailed records of your eligible expenses (home office, supplies, mileage, etc.).

      ⚠ Preparing this schedule takes additional time, and additional fees may apply. This will be included in your proposal for review before we proceed.

      📌 Your tax checklist will include instructions on submitting your expense details and supporting documents.

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  • Dependants

    Please ensure all eligible dependants are reported accurately to maximize your tax benefits.
    • 📌 Who Qualifies as a Dependant? (Click to Expand) 

    • Dependants may include:


      ✔ Children
      ✔ Grandparents
      ✔ Parents
      ✔ Siblings

      🚫 Spouses do not count as dependants.

      📖 Click here to read a CRA Income Tax Folio about Dependant Tax Credits.

       

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    • 🔹 Important Reminder: 📌

      If you had dependants in previous years or your spouse is providing the details, please review last year’s dependant schedule carefully to ensure all dependants are included.

      ⚠️ Missing a dependant could result in lost tax benefits or missed claims.

  • Dependant 1

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  • Dependant 2

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  • Dependant 3

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  • Dependant 4

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  • Dependant 5

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  • More Than 5 Dependents?

  • Wow, that’s a full house!

    This form is designed to collect details for up to 5 dependents. If you have more, please provide the additional information in a separate document.

     

    📌 How to Submit:

    📎 Upload the document to your Personal Tax Checklist (you’ll receive this later), or
    📧 Email it to personal.tax@clearlyfinancials.ca.

    Let us know if you have any questions—we’re happy to help!

  • Final Questions

    💡 Let’s make sure you’re getting every tax deduction and credit you’re entitled to!

  • Before we wrap up, we have a few last questions to check for any additional tax savings. 

  • Multigenerational Home Renovation Tax Credit (MHRTC)

    The MHRTC is a refundable tax credit that helps with the cost of renovating a home to create a secondary unit for a qualifying individual to live with a family member.

    💰 How much can you claim?
    ✔ 15% of eligible renovation costs, up to $50,000 in expenses.
    ✔ Maximum credit: $7,500.

    📌 To qualify, the renovation must:
    ✔ Create a self-contained unit in an existing home.
    ✔ Be for an eligible family member (e.g., senior or person with a disability).
    ✔ Meet all MHRTC eligibility criteria set by the CRA.

  • 📌 Next Steps

    ✔ We will include a MHRTC claim in your proposal for review.
    ✔ You will receive a Personal Tax Checklist with instructions on submitting your renovation expense details and supporting documents.

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