Quote:
Originally Posted by Cowboy89
Isn't there penalties for filing late? Instead of doing that for 2007 why don't you file before the deadline and open up a special savings account (ING Direct gives 3.75%, Canadian Tire offers 4%, Royal Bank offers 4%). That way you don't have to pay the penalty and your money would earn interest between when you recieve it and when you need it.
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I've done it two years in a row now and don't recall ever having to pay any late penalties...although I may have not been reading the fine print closely enough