New Member

posted Apr 24, 2022 9:44:28 AM

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?

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Moderator

Apr 26, 2022 10:16:34 AM

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 calculated?