Personal Finance

I think I may have made a small mistake on tax return?

  • Last Updated:
  • Jul 19th, 2015 2:58 pm
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[OP]
Deal Addict
Jun 6, 2015
1435 posts
233 upvotes

I think I may have made a small mistake on tax return?

Can I submit an amended return? Anyone know how this works? It's a minor detail but I am pedantic about giving right info
5 replies
Deal Addict
User avatar
Mar 31, 2009
1202 posts
829 upvotes
Fill out a T1 adj form. If a slip corresponds to the adjustment, you can mail the slip with the T1adj.
Deal Fanatic
User avatar
Jan 31, 2006
8024 posts
2354 upvotes
Toronto
If that small mistake is in your favor (more refund) you need to submit supporting documents.
Deal Expert
Aug 22, 2011
38177 posts
24361 upvotes
Center of Universe
Very easy, especially if you created a CRA account.
The adjustment can be done online and submitted instantly.
Deal Addict
User avatar
Dec 26, 2010
1736 posts
774 upvotes
Calgary
vkizzle wrote: Very easy, especially if you created a CRA account.
The adjustment can be done online and submitted instantly.
This is what I did last year. I found a T5 slip after I submitted my taxes, went into my CRA account, adjusted the amount, paid the new balance and worked great.
Indexer, non-yield chasing, low cost, broad based, as simple as possible investor.

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