Should there is amount shown on page 4 in my Income Tax and Benefit Return if there is any refund or balance owing to CRA?

posted

1 Best answer

Accepted Solutions

Should there is amount shown on page 4 in my Income Tax and Benefit Return if there is any refund or balance owing to CRA?

Hi,

Thank you for your question.

Yes on page 4 of your T1 tax return-

line 420 -Net Federal tax owed(refund)

line 428 -Provincial and territorial tax balance

After other tax instalment and other credits adjustments

line 484 is the Refund amount Or

line 485 is the Tax balance you owe to pay.

Hope this helps

Thanks

View solution in original post

1 Reply

Should there is amount shown on page 4 in my Income Tax and Benefit Return if there is any refund or balance owing to CRA?

Hi,

Thank you for your question.

Yes on page 4 of your T1 tax return-

line 420 -Net Federal tax owed(refund)

line 428 -Provincial and territorial tax balance

After other tax instalment and other credits adjustments

line 484 is the Refund amount Or

line 485 is the Tax balance you owe to pay.

Hope this helps

Thanks