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Level 2
posted Mar 29, 2024 9:19:35 AM

While I was completing my return on TurboTax I ticked a box that said I would pay my taxes within 5 days. Now I want to change that but I don't see a way to do so?

As I have to print and post my return, I want to wait until I get the notification from CRA before paying. I don't know whether me ticking the "5 days" box means that I now have to pay them within 5 days.

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1 Best answer
Moderator
Mar 31, 2024 3:08:06 PM

If you've indicated when you file that you intend to pay your tax balance due within 5 days, they'll hold the processing of your Notice of Assessment (NOA) until they get your payment so that when they do send out your NOA, it will reflect that you've paid.

3 Replies
Moderator
Mar 29, 2024 12:21:11 PM

You can contact the CRA to make payment arrangements. 

 

Thank you for choosing TurboTax.

Level 2
Mar 30, 2024 7:57:56 AM

Thank for the reply. Really I just want to know if it matters when I pay my taxes, as long as I pay them before the 30th April? Is there any requirement to actually pay them within 5 days of finalising my return with TurboTax?

Moderator
Mar 31, 2024 3:08:06 PM

If you've indicated when you file that you intend to pay your tax balance due within 5 days, they'll hold the processing of your Notice of Assessment (NOA) until they get your payment so that when they do send out your NOA, it will reflect that you've paid.