I've filed my taxes from 2021 and 2022 but I forgot to claim my scholarship money from those years. How do I do that now and will I have to pay a late fee?
I've filed my taxes from 2021 and 2022 but I forgot to claim my scholarship money from those years. How do I do that now and will I have to pay a late fee?
No, you will not have a late fee as the end of the tax season is only at the end of April.
TurboTax has created an FAQ link to help you make your amendment. Be aware that the Canada Revenue Agency (CRA) suggests waiting for your Notice of Assessment (NOA) before making any changes as the assessment may have already corrected the amount left out. Please follow the link included below.