All about Tax Refunds, part 1

by in Tax Advice Information and Updates
All about Tax Refunds, part 1
Once you have filed your tax return, when can you expect to receive your tax refund for 2016?

After you have filed your tax return, you can expect to receive your notice of assessment and any applicable refund from the CRA within: 2 weeks of receiving your electronically filed return or 8 weeks of receiving your paper filed return.

Please note that these timelines are only applicable if you have filed your tax returns on or before the filing deadline and that it may take longer to process a return if it is selected for a more detailed review.

It is also important to note that if you use direct deposit, you can get your refund faster.

Checking the status of our tax refund

If you want to check the status of your refund, you can go online using My Account or call the CRA’s Telerefund at 1-800-959-1956. If you call the CRA, be sure you are ready with your social insurance number, your month and year of birth and the total income you entered on line 150 of your 2016 return. 

Do you have any concerns regarding your tax refund? Let us know! Contact KD today!

Source:  www.cra.gc.ca
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