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New Member
posted Oct 30, 2019 1:49:53 AM

How do i claim repayment of money to employer from previous year

I have a letter from employer stating that I have repaid an amount that was overpaid to me last year (2015 tax year)

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1 Best answer
New Member
Oct 30, 2019 1:49:55 AM

You need to file a T1 adjustment to reduce your income in 2015 and potentially get a bit of a refund.  You cannot deduct it in this current year.

http://www.cra-arc.gc.ca/E/pbg/tf/t1-adj/README.html


1 Replies
New Member
Oct 30, 2019 1:49:55 AM

You need to file a T1 adjustment to reduce your income in 2015 and potentially get a bit of a refund.  You cannot deduct it in this current year.

http://www.cra-arc.gc.ca/E/pbg/tf/t1-adj/README.html