Extensions to File for T2 Corporation Income Tax Return and T1044 Non-Profit Organization (NPO) Information Return
The Canada Revenue Agency (CRA) has extended filing requirements for the T2 Corporation Income Tax Return, and for nonprofit corporations and others, the T1044 Non-Profit Organization (NPO) Information Return.
Incorporated nonprofit organizations are required to file an annual form, the T2 Corporation Income Tax Return, and the T1044 NPO Information Return. Incorporated nonprofit organization must file their return no later than six months after the end of their fiscal year. CRA has announced extensions to these forms. If your organization’s filing due dates were due between March 18 and before June 1, 2020, they are now due June 1, 2020.
Registered charities do not need to file these forms. However, registered charities must file the T3010 Registered Charity Information Return. The CRA has announced extensions for filing these forms for all registered charities that were required to file from March 18, 2020. The extension will allow registered charities who have to file between March 18, 2020 and December 31, 2020 to now file by December 31, 2020.
For more information on when to file your nonprofit organization’s tax forms, click here.