Anita Balakrishnan
The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. The Canada Revenue Agency says some taxpayers who repaid COVID-19 related benefits in 2020 are getting incorrect tax slips. THE CANADIAN PRESS/Justin Tang March 03, 2021 - 11:59 AM
When the COVID-19 pandemic closed schools last spring, crosswalk guard and recent graduate Danny Thomson was encouraged by the Ottawa Safety Council to apply for the new COVID-19 emergency benefits.
But even though Thomson returned $3,000 in Canada Emergency Response Benefits last year after they realized they were ineligible, their tax slip from the Canada Revenue Agency says $2,000 has not been repaid. The amount is considered taxable income for 2020.
OTTAWA The Canada Revenue Agency says some taxpayers who repaid COVID-19 related benefits in 2020 are getting incorrect tax slips. The CRA’s website notes that people who repaid Canada Emergency Response Benefits before December 31, 2020 should not have to pay tax on those repaid amounts on 2020 tax returns. But the CRA says […]
CRA says some incorrect tax slips mailed out mycrestonnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mycrestonnow.com Daily Mail and Mail on Sunday newspapers.