User Tag List
Results 1 to 15 of 49
Thread: anyone know about tax returns?
-
Sun, Mar 2nd, 2014, 08:54 PM #1
- Join Date
- Jul 2011
- Location
- Pictou NS
- Age
- 40
- Posts
- 573
- Likes Received
- 558
- Trading Score
- 52 (100%)
A rant and a question!
I filed mine and DHs tax returns last week. His refund was deposited today (sunday!)
When I went to check on my status, I just get that it has been "assessed" but no deposit date for my refund.
If I've been assessed, then should I expect my refund soon? I actually filed my return first so wtf is going on? With the horrendous year 2014 has been for me already I'm literally sick to my stomach right now.
Any advice?This thread is currently associated with: N/A
-
-
Sun, Mar 2nd, 2014, 09:33 PM #2
- Join Date
- Aug 2009
- Location
- New Brunswick
- Posts
- 7,150
- Likes Received
- 5265
- Trading Score
- 76 (100%)
You could always call up h&r block and ask them. I know you did your taxes yourself but they may still be able to give you answers/advice.
Intergalactic Proton Powered Electrical Tentacled Advertising Droids!
-
Sun, Mar 2nd, 2014, 09:51 PM #3
- Join Date
- Dec 2010
- Location
- Ontario
- Posts
- 24,159
- Likes Received
- 40642
- Trading Score
- 7 (100%)
From the Canada Revenue Agency website
When can I expect my refund?
We usually process paper returns in four to six weeks. However, we start to process returns in mid-February, so do not call before mid-March, even if you filed your return in January. If you filed your return on or before April 15, wait four weeks before you call. If you filed your return after April 15, wait six weeks before you call.
We can process returns filed electronically (EFILE and NETFILE) in as little as eight business days, but wait at least four weeks before you call.
To find out about your 2013 refund, go to How can I verify the status of my refund?.
-
Sun, Mar 2nd, 2014, 09:57 PM #4
- Join Date
- Jul 2011
- Location
- Pictou NS
- Age
- 40
- Posts
- 573
- Likes Received
- 558
- Trading Score
- 52 (100%)
-
Mon, Mar 3rd, 2014, 03:59 AM #5
Wait. There's not much else you can do when it comes to your tax return. I bet if you had been owing, they would have been all over you about it.
-
Mon, Mar 3rd, 2014, 05:12 AM #6
I use to work at H&R Block as a tax associate, the manager hated it so much that people kept calling us for tax advice when filing their own returns.(I mean hrblock is just a business, so answering thousands of questions instead of working during tax season does cost them a lot of man hours) But anyways, if the tax returned has been assessed it should be deposited soon. To be honest, I don't know of many banks that would deposit a bank transfer used by CRA on a sunday. If the transfer was sent friday-sunday, it usually wouldn't show in the account until monday morning / noonish.
I'm actually curious now which bank processes electronic transfers on a sunday, is it TD, Scotia? Pretty sure bmo/rbc don't.
-
Mon, Mar 3rd, 2014, 06:13 AM #7
- Join Date
- Oct 2010
- Location
- Vancouver Island
- Posts
- 3,514
- Likes Received
- 2784
- Trading Score
- 162 (100%)
Zoombucks are back: Please consider using my link to sign up again: https://zoombucks.com/?ref=IIHO0L
-
Mon, Mar 3rd, 2014, 06:29 AM #8
- Join Date
- Dec 2010
- Location
- Ontario
- Posts
- 24,159
- Likes Received
- 40642
- Trading Score
- 7 (100%)
-
Mon, Mar 3rd, 2014, 06:35 AM #9
- Join Date
- Mar 2010
- Location
- Ontario
- Posts
- 12,702
- Likes Received
- 23281
- Trading Score
- 321 (100%)
-
Mon, Mar 3rd, 2014, 06:58 AM #10
- Join Date
- Jul 2011
- Location
- Pictou NS
- Age
- 40
- Posts
- 573
- Likes Received
- 558
- Trading Score
- 52 (100%)
Actually hes with BMO and his refund came in yesterday. His pay will also go into is account around 11pm the night before payday it just won't be "released" until midnight.
I did get a refund this morning....of $3. Not the $96 I had come up when I filed. so now I sit and wait for the paper copy to arrive.
I did have to pay in last year, but I paid that and got the statement back saying I was clear. I know I should count myself happy because I did get a refund and not have to pay in, but how the heck can I make less than $20 000 and only get a $3 refund??
-
Mon, Mar 3rd, 2014, 11:02 AM #11
- Join Date
- Apr 2009
- Location
- Ajax, Ontario
- Posts
- 1,615
- Likes Received
- 2401
- Trading Score
- 4 (100%)
It is a good thing if you are only getting $3 back. That means you paid an accurate amount of tax all year long for your income level. Now go and pat your payroll manager on the back.
Jonesy
-
Mon, Mar 3rd, 2014, 11:12 AM #12
- Join Date
- Jan 2009
- Location
- Halifax, NS
- Posts
- 10,451
- Likes Received
- 6365
- Trading Score
- 61 (100%)
How much you make doesn't really have much of anything to do with whether you'll get a refund or not. It's how much tax you paid vs. how much you owed. I make a lot more than you do, but generally get a fairly big refund. I haven't been able to file this year's yet though, since i don't have all my tax documents.
-
Mon, Mar 3rd, 2014, 11:21 AM #13
- Join Date
- Mar 2010
- Location
- Canada
- Posts
- 11,052
- Likes Received
- 6201
- Trading Score
- 46 (100%)
-
Mon, Mar 3rd, 2014, 11:26 AM #14
- Join Date
- Mar 2010
- Location
- Canada
- Posts
- 11,052
- Likes Received
- 6201
- Trading Score
- 46 (100%)
How much tax did you pay ? What does your T4 slip show for tax deducted ?
They see your net family income ..so depending upon your DH's tax situation ..you might or might not get a bigger refund.
Plus maybe your payroll cut the proper taxes to begin with hence a much smaller refund
-
Mon, Mar 3rd, 2014, 11:45 AM #15
- Join Date
- Jul 2011
- Location
- Pictou NS
- Age
- 40
- Posts
- 573
- Likes Received
- 558
- Trading Score
- 52 (100%)
Thats pretty much what I figured once I stopped to think about it. I don't think enough taxes came off me last year (less than $1700 and I made just under $19000)
Sigh, I guess I should have dropped the money and gone into a place and claimed my eyecare bills. I only did the online free version so save a bit of $$. I appreciate that I did get a refund and don't owe, its just the first time I had seen one total and been given another and I've been filing for over ten years (4 of them by myself)
Chalk this one up to annoyance and learning curve I guess.
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)