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forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation
Income Tax Filed Electronically..how to pay tax owing?
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An agent had filed my taxes for the year 2018-19. I landed on Sept 30th 2018 and I had worked for 3 months. I am completely new regarding tax system in Canada. As per my agent i owe some amount to CRA . He said to add CRA Tax Owing as payee in Internet Banking System and pay the amount. Is that correct? I see CRA Tax Return 2018 and CRA Owing in the payee option. Is Tax Owing the correct payee?
An agent had filed my taxes for the year 2018-19. I landed on Sept 30th 2018 and I had worked for 3 months. I am completely new regarding tax system in Canada. As per my agent i owe some amount to CRA . He said to add CRA Tax Owing as payee in Internet Banking System and pay the amount. Is that correct? I see CRA Tax Return 2018 an CRA Owing in the payee option. Is Tax Owing the correct payee?
Thanks for replying. Yes i saw this page. But the first two option was confusing. Now its April 2019 (Current Financial Year). So it should be Tax owing for financial year 2018 right? Not the CRA (revenue) – current-year tax return (Which is 2019-20). To be more clear we should make payment to CRA (revenue) – tax amount owing for the year 2018 right? Sorry for asking this again. Since the amount I have to pay is huge i don't want to make a mistake
It would be for the 2018 year, next year in 2020, it would be for 2019 tax owing. If you mistakenly pay the wrong year, then you just call the CRA and they will reallocate those funds to the correct year
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