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Getting started
the adjustment for previous years is something that the CRA will calculate based on information
it has from previous years tax filings. IT HAS NOTHING TO WITH TURBOTAX.
Filing a T1198 just informs the CRA that they will need to do extra calculations for the previous years.
If you ask me, it would have been just a well to tax the retro income as this years income and get on with life !!
Sunday