Addressing Myths About Online Filing
OTTAWA, ONTARIO, Apr 12, 2012 (Marketwire via COMTEX) --
Did you know?
Many of the ideas floating around about filing online are actually not true.
There are so many great reasons to file your income tax and benefit return over the Internet-more than half of the returns that come in to the Canada Revenue Agency (CRA) arrive electronically. Canadians know how easy, simple, and fast it is to file online, plus they get their refunds faster.
Why are some returns still coming in on paper? Here's a common myth:
"If I file online, I am more likely to be audited."
Not true. When you file online, the CRA may request a copy of one or more of your receipts to support the claims on your return. This is a routine verification, not an audit. When the CRA flags a file for audit, the criteria are broad, complex, and not based on filing method.
For a list of other common myths and facts about filing your income tax return online, go to www.cra.gc.ca/getready.
The CRA's online services make filing even easier
With CRA's online services, you can file your return, track your refund, and change your personal information. You can also sign up for direct deposit to receive your refund in your account at your Canadian financial institution - no more waiting for cheques to arrive in the mail. It's fast, easy, and secure. For more information, go to www.cra.gc.ca/getready.
To receive updates when new information is added to our Web site, you can:
- Follow the CRA on Twitter - @CanRevAgency
- Subscribe to a CRA electronic mailing list.
- Add our RSS feeds to your feed reader.
You can also visit our YouTube Channel for tax-related videos.
SOURCE: Canada Revenue Agency
Canada Revenue Agency
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