In this article, you will find all deadlines for the 2022 tax season. You can also find out when to expect each tax document.
Important deadlines for the 2022 tax season
| Date | Time | Account | Description |
| Dec. 20, 2022 | 11:59 pm EST | Managed TFSA | Last day to make a withdrawal from your managed (Invest) TFSA and have it count as a withdrawal made in 2022. |
| Dec. 20, 2022 | 11:59 pm EST | All managed accounts | Last day to make an internal transfer from one managed (Invest) account to another to ensure that funds are moved before the end of 2022. |
| Dec. 22, 2022 | 11:59 pm EST | Trading TFSA | Last day to sell holdings in your trading TFSA and have them eligible to be withdrawn in time for the end of 2022. |
| Dec. 28, 2022 | 11:59 pm EST | Trading TFSA | Last day to initiate a withdrawal from your trading TFSA and have it count as a withdrawal made in 2022. |
| Dec. 31, 2022 | 11:59 pm EST | RESP | Last day to make a deposit to an RESP for the 2022 year and guarantee that it will count towards your 2022 grants. |
| Feb. 21, 2023 | 6:00 pm EST | RRSP, Spousal RRSP | Last day to move funds from a managed (Invest) account into your Wealthsimple RRSP and have it count for the 2022 tax season. |
| March 1, 2023 | 6:00 pm EST | RRSP, Spousal RRSP | Last day for RRSP contributions for the first 60 days of 2022 from one trading account to another (internal transfer request must be submitted by this time, source account must be in cash and settled). |
| March 1, 2023 | 9:00 pm EST | RRSP, Spousal RRSP | Last day to make a deposit into your RRSP and have it count for the 2022 tax season (if you have initiated a deposit after this time, please reach out to support). |
| April 15, 2023 | N/A | All accounts | Last day to request a tax slip correction with Wealthsimple. |
| May 1, 2023 | N/A | All accounts | Last day to file income taxes (unless self-employed), and make payment for taxes owing. |
| June 15, 2023 | N/A | All accounts | Last day to file income taxes if self-employed, or have a spouse or common-law partner who is self-employed. |
Note: If you make a deposit or withdrawal after a deadline has passed, we can't guarantee the transaction will count towards your 2022 contributions.
When to expect each tax slip for the 2022 tax season
| Tax Slip | Account | Date | General Information |
| RRSP Contribution (March 2, 2022 - December 31, 2022) |
RRSP, Spousal RRSP | Jan. 26, 2023 | Reports all contributions made to an RRSP/Spousal RRSP account between March 2, 2022, and December 31, 2022. |
| 1099-DIV (U.S. persons only) | Non-registered, TFSA | Jan. 31, 2023 | Reports all U.S. source income earned during the year by a U.S. person for non-registered and TFSA accounts. |
| T5 RL-3 (Quebec residents only) |
Non-registered | Feb. 28, 2023 | Reports all T5 reportable income earned during the year by non-registered accounts. This typically includes interest on cash, eligible and ineligible dividends from corporations and amounts received related to split share investments. |
| T5008 T5008/RL-18 Combo (Quebec residents only) |
Non-registered | Feb. 28, 2023 | Reports all dispositions made during the year in non-registered accounts. This includes the proceeds of disposition for each transaction as well as the associated book cost. These amounts allow you to calculate the capital gain/loss related to each disposition. |
| T4RSP RL-2 (Quebec residents only) |
RRSP, LIRA | Feb. 28, 2023 | Reports all taxable withdrawals made during the year from an RRSP/LIRA as well as any tax that was withheld. |
| T4RIF RL-2 (Quebec residents only) |
RRIF, LIF | Feb. 28, 2023 | Reports all taxable withdrawals made during the year from an RRIF/LIF. Also includes any tax that was withheld and an excess amount (if applicable). |
| T4A RL-1 (Quebec residents only) |
RESP | Feb. 28, 2023 | Reports all taxable (EAP & AIP) withdrawals made during the year from an RESP. |
| Realized Gain/Loss Report *Note: This is not an official tax slip and is provided for informational purposes only |
Crypto | Feb. 28, 2023 | Reports all dispositions made during the year in Crypto accounts. This includes the proceeds of disposition for each transaction as well as the associated book cost. These amounts allow you to calculate the capital gain/loss related to each disposition. |
| RRSP Contribution - First 60 days (January 1, 2023 - March 1, 2023) |
RRSP, Spousal RRSP | March 15, 2023 | Reports all contributions made to an RRSP/Spousal RRSP account between January 1, 2023, and March 1, 2023. |
| T3 RL-16 (Quebec residents only) |
Non-registered | March 31, 2023 | Reports all T3 reportable distributions for the year received from ETFs held in non-registered accounts. |
| T5013 RL-15 (Quebec residents only) |
Non-registered | March 31, 2023 | Reports all T5013 reportable distributions for the year received from partnerships held in non-registered accounts. |
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