Linda Tax

OTTAWA -- The Canada Revenue Agency says some taxpayers who repaid COVID-19 related benefits in 2020 are getting incorrect tax slips. The CRA's website notes that people who repaid Canada Emergency Response Benefits before December 31, 2020 should not have to pay tax on those repaid amounts on 2020 tax returns. But the CRA says that it is aware of some tax slips that wrongly list portions of the repaid benefits as taxable income.... The tax agency says there is a rare error in which the repayments are credited to a taxpayer's T1 instalment account instead of their emergency benefits account. The CRA says that taxpayers should call 1-800-959-8281 to fix incorrect tax slips.

REMINDER: Deadline to buy RRSP is this coming Monday, March 1, 2021REMINDER: Deadline to buy RRSP is this coming Monday, March 1, 2021

https://www.alberta.ca/working-parents-benefit.aspx

Just an FYI, there are 3 ways to contact me. Through call and text using 1-403-207-8865, email [email protected] and FB messenger. Drop off is okay but please make an appointment. You can send your tax documents through email or messenger. Thank you all!

How you file affects when you get your refund The Canada Revenue Agency's goal is to send your refund within: 2 weeks, when you file online 8 weeks when you file a paper return These timelines are only valid for returns we received on or before their due dates.... Returns may take up to 16 weeks if you live outside Canada and file a non-resident personal income tax return. We may take longer to process your return if we select it for a more detailed review. See Review of your tax return by CRA for more information. If you use direct deposit, you could get your refund faster. Set up direct deposit. See more