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New Member
posted Oct 30, 2019 8:05:58 PM

Where do I input amount owed from a reassessment in Turbotax for this year's tax refund? e.g. I have a $700 debit in MyCRA but my refund this year is $1200

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1 Best answer
New Member
Oct 30, 2019 8:06:00 PM

If you owe money to CRA you do not need to enter that into this year’s tax return.  CRA will automatically deduct it from your refund.  This will show up on your Notice of Assessment.


2 Replies
New Member
Oct 30, 2019 8:06:00 PM

If you owe money to CRA you do not need to enter that into this year’s tax return.  CRA will automatically deduct it from your refund.  This will show up on your Notice of Assessment.


New Member
Oct 30, 2019 8:06:01 PM

Excellent - this is exactly the answer I was looking for, I will file regularly then and let the assessment run it's course. Thank you!