CRA says ‘rare’ error in some tax slips lists repaid CERB as taxable

Author: External Author | | Categories: Accountant , Accounting Services , Tax Accountant , Tax Services

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.

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Original Article Source Credits: Advisor's Edge,

Article Written By: Canadian Press

Original Article Posted on: 2nd March 2021

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