Potentially in trouble with the CRA
Around October 2018 I found two queen Elizabeth bills ($20 x 2) and pocketed them. I went to the local police station to report the missing funds and filed a report but nobody collected the money.
At approximately 1:40pm on Saturday November 4th I deposited the money via teller at my local RBC. My palms were sweaty and my heart was racing. I expected the teller to question where this cash came from but no such conversation took place
Here’s the thing, I never declared this money on my income taxes, I completely forgot
Will I be fined, can I get a criminal record for this? I’m planning to turn myself in to the CRA soon but I’d like to know what kind of hell awaits me