IanSD Posted April 18, 2021 Report Share Posted April 18, 2021 Ufile is saying my retired parents need to pay instalments next year due to a one-off high income year. I want to use the prior-year method to avoid this, but the program is defaulting to the current year method. Any tips on how to change this? I know how to do this in Taxprep since I do it for clients regularly, but I'm at a loss here on Ufile. Link to comment Share on other sites More sharing options...
AltaRed Posted April 19, 2021 Report Share Posted April 19, 2021 It does not matter what UFile says. It is for the user's information only and none of that information goes to CRA. It can be ignored. Your parents will receive a CRA installment payment notice in July or August listing the 3 methods available. It is up to your parents to decide which method, e.g. prior year method, they use starting with the Sept 2021 payment. Link to comment Share on other sites More sharing options...
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