How Long Does Cra Take To Assess Tax Return
How Long Does the CRA Take to Assess Tax Returns: A Comprehensive Guide
Understanding how long the Canada Revenue Agency (CRA) takes to assess tax returns can help you plan more effectively and avoid any potential last-minute stress. This guide provides you with an insight into the CRA's tax assessment process, exploring different options for making your inquiries: via the website, the mobile app, or the call centre.
Introduction
Filing your annual tax return can often be a daunting task. Understanding how the CRA processes these returns and the duration it takes can ease your worry. The CRA employs assorted methods that Canadians can use to stay informed about their returns. Let's take a look at these methods.
Option 1: CRA Website
The CRA's website is a vast resource filled with detailed information regarding income tax returns. How long it takes the CRA to assess your return depends on several factors, including the way you filed your return and the time of year you filed.
Online Access
One way to check the status of your income tax assessment is through the "My Account" section on the CRA website. Your personalized account provides current information about your tax status and includes details of any assessments or reassessments.
Option 2: The CRA Mobile App
The CRA also has a mobile app called "MyCRA" that's available on iOS, Android, and Blackberry devices. This app can provide the same information as the website but in a more accessible, user-friendly way. The app's user interface makes it easy to navigate your way around your tax information and track the status of your return.
Features of the MyCRA App
MyCRA app has an 'Action Item' section, which reports when your return is assessed. You can also choose to receive notifications for important dates and changes to your account status. One of its handy features is the 'Tax Return Status' feature. It gives an estimate of when to expect your Notice of Assessment, based on typical wait times.
Option 3: CRA Call Centre
If you prefer a more personal approach, you can contact the CRA's call centre. The call centre representatives can look up your file and provide up-to-date information about your return. As the call times can occasionally be long, it's recommended you use this option only if you have a unique situation or have been waiting an unusually long time for your return
In Conclusion
The length of time it takes the CRA to assess your tax return can vary broadly. However, whether you choose to check via the website, the mobile app, or the call centre, it's good to know that there are different ways to stay informed. Armed with this information, you can now better navigate the tax return process and have less to worry about.