vintageband Posted April 2 Report Share Posted April 2 Hi, I was checking on few scenarios based on higher income levels and noticed that for example - there is balance owing of 2000$. Also, in the tax summary under additional info, there is a short line that states total installments payable in 2024 is 8000$. Does that mean the total installment takes into account the 2000$ above? or is it $10000 total owing now?. Not sure why the system does not show the 8000$ as i would not have not known right away with just focusing on the balance of 2000$ showing on the review page, that i would be owing more in this case. Thanks for any insights. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 2 Report Share Posted April 2 Hello vintageband, Balance owing is for 2023 (including any 2023 installments you entered). Installments is for 2024, CRA will send you a notice. Quote Link to comment Share on other sites More sharing options...
vintageband Posted April 3 Author Report Share Posted April 3 15 hours ago, Geo123 said: Hello vintageband, Balance owing is for 2023 (including any 2023 installments you entered). Installments is for 2024, CRA will send you a notice. ok thanks for clarifying this. Appreciate it. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 3 Report Share Posted April 3 Hello vintageband, You are welcome. Quote Link to comment Share on other sites More sharing options...
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