- Interest paid on your student loans – You may be able to claim part of the interest you’ve paid since 2015 on your student loan for post-secondary education.
- Eligible moving expenses – If you moved for school and are a full-time student, you may be able to claim your moving costs. However, you can only deduct these expenses from the parts of your scholarships, fellowships, bursaries, certain prizes, and research grants that are required to be included in your income. You may also be able to claim the cost of moving for work, such as a summer job or running a business. In this case, you can deduct eligible moving expenses from the employment or self-employment income you earned at your new work location. You can claim moving expenses if you moved at least 40 kilometres closer to your work or school.
- Canada workers benefit – This benefit is a refundable tax credit. It is available to eligible individuals and families who work, but earn a low or modest income. If you are a full-time student, you must have an eligible dependant to receive this benefit.
- Goods and services tax / harmonized sales tax (GST/HST) credit – You may be eligible to get a tax-free payment four times a year. This payment is for people with low or modest incomes. You , or if you have a spouse or common-law partner, or are a parent and live with your child. To keep getting these payments, file your return every year.
- Canada child benefit – If you have a child, you may be able to get tax-free monthly payments. These payments are made to eligible families to help with the cost of raising children under 18. To keep getting these payments, file your return every year.
- Provincial and territorial benefits – You may qualify for provincial or territorial benefits, depending on where you live.
- Climate action incentive – If you’re a resident of Alberta, Saskatchewan, Manitoba, or Ontario, you may be eligible for the climate action incentive payment when you file your 2020 return. You could receive a larger payment if you live in a small or rural community. The incentive will first lower the taxes you might owe, then create or increase your refund.
- Child care expenses – If you paid someone to look after your child so you could go to school, do paid work, or do research, you may be able to deduct your child care fees.
Sign up for My Account to easily manage your tax and benefit affairs online. You can use My Account to quickly change your address and direct deposit information, track your refund, view your return status, make a payment, sign up for email notifications, and more.
If you signed up for My Account to apply for the CERB or the CESB, we encourage you to enter the security code you received from us in the mail to access all the features available in My Account.
Protecting you from scams and fraud
We recognize that there is a significant financial and emotional effect on victims of scams, fraud, and identity theft and we are doing our best to protect Canadians and ensure they receive the benefits to which they are entitled.
It is important to protect yourself from scams, and to know when and how the CRA might contact you
- Canada training credit – You may be able to claim this refundable credit for eligible tuition and other fees paid to an eligible educational institution in Canada for courses you took in 2020, or fees paid to certain bodies in respect of an occupational, trade, or professional examination taken in 2020.