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New Member
posted Apr 28, 2025 5:55:48 AM

do i owe the CRA money is 48500 is $0

my total credits are showing money to be returned but last year i had to sent the goverment money but do i again this year

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1 Replies
Returning Member
Apr 30, 2025 10:19:53 AM

Hi @finleyheywood ,

 

The line 48500 indicates the balance owing which is positive if you owe CRA money and negative if you get a refund. So if you have a value of $0, you do not have to pay anything to CRA.

Find the details here