The Acomi Resource Center offers tax preparation services through out the year for low-income families, newcomers, individuals and students. The service is through the Community Volunteer Income Tax Program which is based on CRA’s definition of a modest income as detailed below:
You may be eligible for help at our free tax preparation service if you have a modest income and a simple tax situation.
Modest income
In general, a modest income means your total family income is less than the amount shown in the chart below, based on the size of your family.
|
Family size |
Total family income is under… |
|
1 person |
$35,000 |
|
2 persons |
$45,000 |
|
3 persons |
$47,500 |
|
4 persons |
$50,000 |
|
5 persons |
$52,500 |
|
More than 5 persons |
$52,500 plus $2,500 for each additional person |
Simple tax situation
In general, your tax situation is simple if you have no income or if your income comes from any of these sources:
- employment
- pension
- benefits such as the Canada Pension Plan, disability insurance, employment insurance, and social assistance
- registered retirement savings plans (RRSPs)
- support payments
- scholarships, fellowships, bursaries or grants
- interest (under $1,000)
Your tax situation is not simple if you:
- are self-employed or have employment expenses
- have business or rental income and expenses
- have capital gains or losses
- filed for bankruptcy in the tax year (or the year before, if that return has not yet been filed)
- are completing a tax return for a deceased person