When you use TurboTax to file your taxes online and sign up for direct deposit by entering your current banking information, you can receive your refund in as little as 8 business days. It’s faster than submitting your tax return by mail to the Canada Revenue Agency (CRA), which may take up to 8 weeks to process. You can also track when your tax return has been assessed, and the current status of your refund through your CRA My Account. Just make sure to update your banking information in your account before you file to ensure you get your refund as quickly as possible.
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