Crypto Tax Deadline Canada 2026 + Checklist (April 30 & June 15)

April 30 is the deadline for Canadian tax returns. But if you're self-employed (as a crypto trader), it's June 15. And there are other deadlines too. Here's everything you need to know—and do—before April 30, 2026.

Key Deadlines for 2026

April 30, 2026: T1 General due (individual tax return with crypto income)

April 30, 2026: Payment due if you owe taxes

June 15, 2026: T1 General due (if you're self-employed—crypto trader = business)

June 15, 2026: Installments due (Q2 estimate if you owe over CAD $3,000)

September 15, 2026: Q3 installment due

December 15, 2026: Q4 installment due

Important: April 30 vs. June 15

Most Canadians file by April 30 (salaried employees). But if you're self-employed (including crypto traders classified as business), you get until June 15 to file—but taxes are still due April 30.

This means: If you owe taxes and claim business income, you still pay by April 30. Filing deadline is June 15.

Do You Need to File?

Yes, if:

• You earned any crypto income (staking, airdrops, rewards)
• You sold crypto at a gain
• You owe taxes (even if your income is below the filing threshold)
• You want to claim a loss (carry forward)

Month-by-Month Checklist

By February 15, 2026

• [ ] Download transaction history from all Canadian exchanges (Kraken, Coinbase, Newton, etc.)
• [ ] Gather receipts, screenshots, blockchain records
• [ ] Download your T4 (employment income) and T4A (other income)
• [ ] Choose crypto tax software or hire an accountant

By February 28, 2026

• [ ] Import all transactions into tax software (CoinTracking, Koinly, etc.)
• [ ] Verify cost basis calculations in CAD
• [ ] Review capital gains/losses totals
• [ ] Check for any reporting errors

By March 15, 2026

• [ ] Reconcile your calculations vs. exchange data
• [ ] Decide if you're claiming capital gains or business income
• [ ] Calculate staking/mining/airdrop income (if applicable)
• [ ] Document everything (keep all receipts, export CSV files)

By April 1, 2026

• [ ] Complete your T1 General return
• [ ] Enter crypto gains/losses on Line 12100 (capital gains)
• [ ] Enter staking/mining on Line 10400 (other income)
• [ ] Calculate total tax owing
• [ ] Run through IRS-equivalent CRA calculator

By April 20, 2026

• [ ] File electronically via NETFILE (CRA's e-filing system)
• [ ] Keep a copy for your records
• [ ] If you owe money, set up payment

By April 30, 2026 - THE DEADLINE

• [ ] T1 General filed (or file for extension)
• [ ] Payment made if you owe taxes
• [ ] Installment payment due (if applicable)

Payment Options in Canada

Online Banking: Pay directly to CRA via your bank

CRA My Payment: Use the CRA website to pay

Installment Plan: If you can't pay in full, request an arrangement

Credit Card: CRA accepts Visa, Mastercard (processing fee applies)

What If You Can't Meet the Deadline?

File for an extension using Form T1-M. You get an automatic 6-month extension. But taxes are still due April 30.

Estimated Tax Installments (If You Owe Over CAD $3,000)

If you made crypto income in 2025 and expect to owe over CAD $3,000 in 2026, the CRA will require installments:

• June 15, 2026 (Q2)
• September 15, 2026 (Q3)
• December 15, 2026 (Q4)

2026 Tax Planning

Start tracking crypto activity NOW. By April, you should have everything calculated and ready to file. Don't wait until the last week.

Disclaimer: This article is for general informational purposes only and does not constitute tax advice. For individual tax advice, consult a licensed tax professional.