Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

Why is the CRA stating they will deposit a smaller amount for my tax return than the number quoted to me by turbo tax?

I filed with turbo tax for 2021 and they claimed I would around $4200 and the CRA says it will be depositing $3700, will I be getting the full amount quoted to me by turbo tax? Why or why not?
1 Reply

Why is the CRA stating they will deposit a smaller amount for my tax return than the number quoted to me by turbo tax?

While it can be frustrating, it’s common for the Canada Revenue Agency (CRA) to make a tax return assessment that is different from yours. Please see this TurboTax FAQ for more information: Why is the tax refund or balance owing on my notice of assessment different from what TurboTax calcu...