Schedule 3

[hqkhan]

I just filed my return with capital gains. CRA accepted my retur but indicated that it may take tone to process i.c. it did not process immediately. I guess I have yo wait for the process.

[hqkhan]

I also filed my return. It was accepted by CRA

But it is being processed looks like it may take time to process secured of schedule 3 and capital gain issues. I think need tone because I had T3 slip reporting capital gain.

[TurboTaxAniqua]

@hqkhan Thanks for the update. We appreciate the feedback!

[Habs10]

I am still waiting for the CRA to send me an email that my Notice of Assessment but it still says being processed. How long does the CRA take to process these tax returns. It has been almost 2 weeks now. 

[hqkhan]

I filed my return on 19th March. I had reported capital gains and used schedule 3 and T5008 and T3 slips. Looks like it takes additional time to process if capital gains are reportef because of capital gain issues this year.Status of my return is prixessing wuth no completion date yet. I GUESS  i have to wait.

[Gilles9999]

Really looks like CRA is verifying all who submitted their Taxes in the early days ( March 19th , 20th) when it was supposed to be fixed with Capital gains

Makes me think that their system were (are) not ready at all to accept Tax filing with Capital gains / losses

Why would many people report that their Tax report finalization is delayed and need further investigation with not date shown for final Notice of Assessment  ?

At least CRA could make a public announcement that Tax report processing is delayed 

[hqkhan]

Well if CRA was not ready, they should not have accepted the returns. Cra acceped and issued confirmation number. On my account it indicates that return has been received with no expected date for notice of assesment 

My question is should we resubmit our return  i am looking for advise from TURBOTAX OR ANY OTHER PARTICIPANT.

[Gilles9999]

Just noticed on the CRA site that many of the tax slips from Financial Institution and Employers are not there to download

It may well be that CRA has a problem with T5 T4A etc... not being filed

or their system is all mixed up for this as well

[hqkhan]

Yes you are right. For my case still 1 T4A, 4 T5,2 T3 as well as Info for TFSA account are still missing. I called cra and they told me that this year cra allowed sunmission beyond End Feb. Also they are behind uploading to my account. In addition they hsve this schedule 3 issue related to capital gains etc. So all this could be causing delay in processing. I wonder if we should refile our retirn or just wait fir Notice of assesmnent show up.

[Gilles9999]

I do not think that  you can refile until the first or previous filing is processed

But in any case I wouldn't as it would confuse the issue and create more delays