Quote:
Originally Posted by Weitz
Here’s a lazy question because I think our system is stupid..
If I just submit my return with my T4 and the wife’s T4 can I just let the government reassess me to the proper return? Are there penalties if I pay right away when reassessed? I’m guessing they probably don’t assess rrsp and what not maybe that would be an issue.
Tax season is stupid.
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Oof...theres a lot there.
Generally, the answer is 'no'.
As other Accountants on the board have noted, the CRA do not GAF about you. They care about collectible fees.
So...no. They will not complete your taxes, for a number of reasons, you'll more than likely be hounded by the 'Matching Deaprtment' and you're going to make your life significantly harder.
They'll probably make you file your taxes properly and while this is all happening a Vegas-bookie-esque 'Vig' is constantly running. They compound their penalties and interest daily.