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New Member
posted Mar 30, 2021 4:34:43 PM

I can't afford to pay all my tax return at once, is there a way to setup a payment plan or something?

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1 Best answer
Level 5
Apr 1, 2021 7:58:48 AM

If you cannot pay your tax owing balance at once, you can arrange a partial payment. 

 As per CRA: If you can only make a partial payment, you must also make a payment arrangement to pay the balance of your debt. A payment arrangement lets you make payments over time until you have paid the entire debt, including interest.

 

For more information, please follow the CRA link provided below:

Personal income tax debt collection  

Paying your 2020 taxes owing  

 

Thank you for using TurboTax.

1 Replies
Level 5
Apr 1, 2021 7:58:48 AM

If you cannot pay your tax owing balance at once, you can arrange a partial payment. 

 As per CRA: If you can only make a partial payment, you must also make a payment arrangement to pay the balance of your debt. A payment arrangement lets you make payments over time until you have paid the entire debt, including interest.

 

For more information, please follow the CRA link provided below:

Personal income tax debt collection  

Paying your 2020 taxes owing  

 

Thank you for using TurboTax.