Why did Turbo Tax indicate an expected refund for a very simple return that was less than a third of what the CRA ended up assessing it at?
We had a very simple tax return, so nothing complicated or unusual. We did upgrade to the first level though for a little extra support. What Turbo Tax calculated for the refund was less than a third of what the CRA assessed it as and gave us.
Why did Turbo Tax indicate an expected refund for a very simple return that was less than a third of what the CRA ended up assessing it at?
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. You can compare your notice of assessment with your tax return to see what the CRA changed.
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