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May 3, 2022
Question

I have arranged the installment payments for 2021.The amount is deducted from my bank account. Now that the income assessment is done. What happened with that arrange?

  • May 3, 2022
  • 1 reply
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I have arranged the installment payments for 2021. The amount is deducted from my bank account. Now that the income assessment is done. What happened with that arrangement?
If I was assessed to pay 6000, but there is still an arrangement for 12000 to be paid on the installments.  Do I need to keep paying these installments? Cancel the installments or Was I supposed to declare the total amount of installments that I have to pay on line 46000?

    1 reply

    May 6, 2022

    To find this information out about instalments, you will need to contact the Canada Revenue Agency: Get help to unlock My Account or make payments.

    Thank you for choosing TurboTax.