What happens if you mistakenly get a larger tax refund?

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What happens if you mistakenly get a larger tax refund?
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Was your 2022 tax refund larger than you expected it to be?

to your local tax centre, including copies of the amended documents and a detailed list of changes to be made to each returnWithin a few weeks after amending your tax returns, the CRA should send you a notice detailing how the changes may have affected the refund you received. In most cases, you’ll be asked to repay the amount to the CRA as a lump sum payment or be required to arrange a payment plan.

If you’re filing your taxes by yourself and you don’t fully understand the tax laws and eligible deductions, you may claim expenses and tax deductions that you aren’t legally entitled to.Just as human error is possible on your part, clerical errors may also result from mistakes made by the CRA or their accounting systems. While it’s not as common, mistakes do happen.and discuss your case. If it appears that the error may be the CRA’s fault, then you can request a formal review.

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