Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Canada Taxes

I sent in the wrong canadian tax return, i missed one of my 4 t4s, what do i do?



i sent it in, and they sent me refund check, though when i add in my last t4 i actually owe a small amount of money,

Fill out a t1 adjustment form for the tax year and add the amount of the t4 to the appropriate line on your return and apply it to the appropriate tax year. Send to CCRA, Not a problem.
You're screwed. Move to the States.
I wouldn't worry about it. It happened to me and they sent me a notice of reassessment and showed what I owed. It was such a small amount I didn't pay it and it was taken off of my next years refund. They probably will send you a new notice of assessment with a balance owing and you can pay it then. Until then I would not worry about it they have all that info that your employer sent you at the CCRA and they will not punish you or charge you any interest or fees without reassessing your return.
i agree with neilman,they will just reassess.they're pretty good if you don't jerk them around.i learned from experience.
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