Q:

When are GST checks mailed out?

A:

Quick Answer

According to Grant Thornton, the Canada Revenue Agency issues goods and services tax, or GST, checks four times a year. It is a quarterly disbursement released to eligible Canadian residents in January, April, July and October. The Canada Revenue Agency states that the checks are usually distributed on the fifth day of these months and lists the last date that GST checks are issued in 2014 as Oct. 3.

Know More

Full Answer

The GST credit is issued to individuals or families who filed taxes for the previous year under a certain income threshold set by the Canada Revenue Agency. For example, a family who met the criteria in 2013 is eligible to receive all four of the GST credits issued during 2014. Eligible parties must apply for the GST credit, notes Grant Thornton.

Recipients must be Canadian residents when the GST checks are issued and must also meet one of three additional requirements. These include age restrictions, marital status and parental status. Recipients do not have to be actual Canadian citizens to qualify, but they must hold approved and official status as residents of Canada at the time the credits are issued. The CRA must receive an income tax return from applicants, even if there is no income to be reported for the previous year, notes its official site.

Learn more about Taxes

Related Questions

  • Q:

    When are GST checks mailed?

    A:

    Goods and Services Tax credits are issued four times a year, in January, April, July and October, and are typically issued by the fifth of the month. The exact dates for each most recent payment and the next payment are available on the Canada Revenue Agency website.

    Full Answer >
    Filed Under:
  • Q:

    When do 1099s have to be mailed?

    A:

    The 1099 form, which is issued to any person that a business issues more than $600 in income payments to within a year, must be postmarked and mailed by January 31 of the following year. The standard form is known as the 1099-MISC, and it is printed in triplicate by the IRS. This means that it must be ordered from the IRS or picked up at an approved outlet.

    Full Answer >
    Filed Under:
  • Q:

    When did the GST start?

    A:

    Many countries have established a Goods and Services Tax, or GST. In Australia, the GST was introduced in 2000 and replaced the Federal wholesale tax. In New Zealand, the GST was established in 1986.

    Full Answer >
    Filed Under:
  • Q:

    Where should the IRS copy of form 1099 be mailed?

    A:

    The IRS copy of form 1099 should be mailed to one of two locations, depending on where the business or individual sending the form resides. Certain states, and those living outside the United States, should send the form to the Department of Treasury's Internal Revenue Center located in Austin, Texas, 73301; people living in other states should send it to the office in Kansas City, Missouri, 64999. Anyone who needs to send form 1099 should check with the IRS website to determine which address to use.

    Full Answer >
    Filed Under:

Explore