Is it okay to pay my income tax owed (via online payee) before actually filing my return?
Netfile isn't open for 2 more weeks but I want to sort out my (self-employed) cash flow asap. I can already see the 2017 CRA return listed as a payee in my online banking. Is there any harm in submitting payment before officially filing?
Is it okay to pay my income tax owed (via online payee) before actually filing my return?
You are able to send a payment to the Canada Revenue Agency ahead of time. Since they will not show you having a debt owing, it will most likely show on your account as a credit. You may want to follow up with them once you do NETFILE your income tax return to make sure that your credit is applied to your balance owing.
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