In certain situations, the CRA may keep some or all of your refund, like if you: Your notice of assessment will explain if part of your refund has been transferred to another of your accounts. There are situations where you may not receive the total amount of your refund. Carryforward amounts Carryforward amounts Your refund may have been transferred For example, the CRA will automatically include your tuition carryforward amounts if you forgot to include them. The CRA may have information on file that reduces the taxes you owe and increases your refund amount. It will explain if the CRA changed your return, which may have affected your refund.Ĭhanges to your return will not always lower the amount of your refund. If you did not receive the refund you were expecting, you should first read your notice of assessment.
You can get a proof of income statement online from My Account or by contacting the CRA.
However, the statement does not include an explanation of changes or additional information. The statement shows the income, deductions and tax credits the CRA used to assess your tax return. The print is a version of your return.Ī proof of income statement has much of the same information as your notice of assessment and looks very similar to it. Organizations like your financial institution might ask you to provide a proof of income statement or an option C print. You can also request your notice in a different format, such as: If you need another copy of your notice, you can access it online in My Account or request a copy by contacting the CRA. Your notice will still be available to view in My Account, but you will not receive an email notification about it.
If “Electronic mail” is not ticked in your correspondence preferences, you will receive a paper copy of your notice of assessment. You will not receive a paper copy of most CRA mail. The only way to read your online mail, like your notice of assessment, is by using My Account. If your correspondence preferences are set to “Electronic mail,” you will get an email letting you know that you have mail in My Account when it’s available. The CRA sends you your notice of assessment after it assesses your return.
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How to get a copy of your notice of assessment But a notice of reassessment will have information about changes to your return. A notice of reassessment looks like a notice of assessment. If you or the CRA changes your tax return after the first assessment, you will receive a notice of reassessment. You may also be asked to provide a copy of your notice to a financial institution or a community organization to prove that you did your taxes or what your income was in the previous year. For example, the information from your notice may be used to identify you when you call the CRA. You should not share your personal information unless it is necessary. Keep it in a safe place with your tax records.
Your notice of assessment is an important document that contains your personal information. Also, your notice may contain information you will need when you do your taxes for the next tax year. Your notice is your summary for a tax year, based on the income, deductions, and credits you report on your tax return. Income tax and benefit return Income tax and benefit return You’ll receive a notice for every tax return you file. A notice of assessment is a tax document the Canada Revenue Agency (CRA) sends you after processing and assessing your income tax and benefit return.