2022 T5 | Page 2 | Income tax filing | Discussion forum

COIN said
Got the following reply from StudioTax this afternoon.

"Most likely it will work…Windows 7 is no longer supported by Microsoft. As a result it is supported by StudioTax as a best effort; that mean we will not do anything to prevent it but we may require a new library from Microsoft that result is forcing us to stop supporting it."  

As long as you remain offline you are safe, that's the main reason for using it. If you are able to complete your return successfully it should be safe to connect briefly to Netfile.

CanTire bank arrived in snail mail too.

savemoresaveoften said And the ones that I received or were advised its available is NOT posted on CRA yet lol  

CRA is very slow in posting T5's. Also, beware of the TFSA room you see online. The CRA could revise and lower that room at anytime. Happened to me last year.

COIN said

I assume you have experience with both Windows 7 and 10. Aside from the fact that Microsoft no longer supports 7, do you find 10 any better than 7?  

I was on 10 and update to 11 when I got my new desktop last year.

11 is the best experience out of all the previous Windows I had. My experience dated back to the Windows95 and before.
10 and 11 will allow ur computer to boot up much faster, I am talking 10secs vs 1min plus 7&8.

To me 7&8 tried too hard to mimic a tablet with the tiles and fail badly at the end. 10&11 simplifies it and they learn from their mistakes.

For best security point of view, better use an OS that is still officially supported,

AltaRed said

I am guessing you mean some of them, e.g. T5 as an example. There will be T3, etc. later on. I picked up some of iTrade T5, T5008 and T1135 today. BMO IL's schedule is just a bit later.  

T4RIF

Plus there can be late revisions to T3s well into April. Every 3rd year or so, one of those late revisions tends to show up. Hence why I don't file until sometime between Apr 20-25 in most cases.

Each brokerage issues a tax slip schedule about Feb 1 each year providing a list of dates when the various tax slips will be available. It's the same process/procedure each year.

I just received my 2022 T1 paper tax forms! Yay! Almost no changes, which after two years of extensive revisions is a relief, as it's a lot of work to update and verify my personal spreadsheets.

No T4/T5 slips yet.
RetirEd

Tangerine and Motive Financial T5s are available at CRA My Account.

savemoresaveoften said

Is Motive by snail mail only ? I can only see monthly statements online but not T5 ?  

I downloaded Motive T5 from CRA My Account. It is there under Canadian Western Bank name.

Based on my own very small sample, I think FIs are slower getting their T slips out this year, probably due to staffing shortages. This could be a nightmare for accountants etc. An extra week makes a huge difference. CRA should probably extend the deadline but I doubt they will.