A nil return, also known as a zero income tax return or a return for no taxable income, is filed when you have no earnings to report for the tax year. Here's how to prepare one in Wealthsimple Tax:

1. Complete the mandatory fields in the About You and Personal information sections (marked with an asterisk)
2. Add any credit sections you're eligible to claim
   • If you have a partner, complete the Your Partner section
3. Click the Review & Optimize button
4. Indicate that you did not earn any taxable income when prompted in the Review & optimize section
5. File your return
   • If you have a linked partner, ensure their return is complete before filing your own

Remember:

• Even with no taxable income, filing a return may be beneficial for accessing certain benefits or credits
  Ensure all information in the About You section is accurate and up-to-date

If you have questions about whether you should file a nil return, consider booking a session with a tax expert. Or, if you need further assistance preparing your nil return in Wealthsimple Tax, please contact Wealthsimple support.