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How do you change your filed tax return?

 

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Whether it’s because your received a tax slip too late or hungoverly forgot to submit the documentation, here’s how you can make changes to an individual income tax return:

  1. Do NOT file another return for that year
  2. Wait for your notice of assessment before asking for changes to your return
  3. Go online (recommended, as it’s the speediest option!)
    • Log in to My Account
    • Click Change my return. You cannot use Change my return to change the following, according to the CRA:
      • a tax return that has not been assessed (see #2  above)
      • a tax return where nine reassessments exist for a particular tax year
      • a bankruptcy return
      • a return prior to the year of bankruptcy
      • carryback amounts such as capital or non-capital losses
      • a return of an international or non-resident client (including deemed residents of Canada, newcomers to Canada, and individuals who left Canada during the year)
      • the elected split-pension amount
      • a return where you have income from a business with a permanent establishment outside your province or territory of residence (you have to complete Form T2203, Provincial and Territorial Taxes – Multiple Jurisdictions)
      • If any of the above apply to you, see “Mail it”option (#5) below
    • Sign up for online mail to get instant access to your CRA records
  4. Contact your tax preparer (Homeroom loves to save the day!)
  5. Mail it: Send a signed letter to your tax centre asking for an adjustment to your return
    • By Mail: If you send a letter, make sure to give your name, address, and social insurance number and which tax year you want to adjust.
    • Send the following to your tax centre:
      • A completed Form T1-ADJ, T1 Adjustment Request, or a signed letter giving details of your request (including the years of the returns to be changed), your social insurance number, your address, and a telephone number where we can call you during the day
      • ALL supporting documents, including those for the original assessment, for your change

IMPORTANT: Send your current year return separately from any request to change a return for another year.

The Wait Game

  • Online: 2 weeks
  • Mail: 8 weeks

It may take longer if CRA is requesting more information or your request is sent in spring or summer.

When CRA review is done, you will receive:

  • a notice of reassessment showing any changes to your return and
  • a letter explaining why we did not make the changes you asked for or if no changes were needed

Want to receive a tax reminder?

Complete form below, and here’s to a perfect 2017 tax season!

Add me to the tax reminder list!

 

 

 

What if you don’t have all your tax slips?

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Have you received all your income slips and do you have all your income tax information neatly clipped in a smooth-surfaced Manila folder ready to go for tax season? (Bonus points for dressing up your tax folder in self-affirming stickers that scream “AWESOME!!” or, “YOU ARE A STAR”).

If you are frustratingly shaking your head or wondering what we are talking about then read on:

Tax slips are provided by your employer, payer or administrator and are referred to when filing your tax return.

You should receive most of your slips and receipts by the end of February. However, T3 (Statement of Trust Income Allocations and Designations), and T5013 (Statement of Partnership Income) slips do not have to be sent before the end of March.

Still, by the time March rolls in, you might find yourself seething at the sight of your mail carrier, who’s brought you EVERYTHING—even Bob’s mail, and you don’t even KNOW a Bob—but your precious tax slips.

Take a moment to:

  1. Breathe
  2. Repeat this mantra: I will not go to jail, I will not go to jail, I will not go to jail
  3. Read this blog post about how to fetch your slips
  4. File your taxes before the deadline EVEN if you don’t obtain all of your slips in time!

Here are three ways to get a copy of your tax slips for the current year:

  1. Contact your employer, or the issuer of the slip, verify that they have the correct contact and mailing information for you and then request a new copy. Many times they will be able to email this to you.
  2. Complete a T1013 form. This allows a third-party (your accountant..us!) to view your tax information online. We issue this form to all our clients to make tax season as painless as possible.
  3. Register for the CRA My Account for Individual this will allow you to view your tax information online and retrieve missing information.

 

Obtaining a slip for prior years

If you need a T-slip for a prior year, you can get a copy by:

Ta-Da!! The CRA opens its online filing services February 20. Homeroom starts filing March 1!

You got this!!

Request the Homeroom E-return today here. We’ll take care of the rest!