Hi there, Could you please tell me why I owe $1179.50 this year and got a refund of over $400 last year when nothing has really changed on my income tax return?

The only significant difference is that I got the CERB last year ($12,000), but I don't know how that could make that big an impact.

383

Level 5

Dec 10, 2021 8:59:23 AM

Credits, deductions, and tax rates are different from year to year, so it's difficult to answer your question without checking your return in detail.

One possibility is you may be required to repay the CERB.

For further information, please check our TurboTax FAQs:

What is the Canada Emergency Response Benefit (CERB), and who qualifies?

How do I know if I need to repay CERB or EI benefits?

If needed, we offer tax expert services that may be of interest to you. You can find the information on our TurboTax FAQ link below.
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Hi there, Could you please tell me why I owe $1179.50 this year and got a refund of over $400 last year when nothing has really changed on my income tax return?