How to File Prior Year Tax Returns
File your returns starting with the oldest year first, and then move to the next year in sequence. This ensures that the CRA processes your returns correctly and avoids delays in assessing your taxes and refunds
Using CloudTax, Log in to your account and select the tax year you need to file
What Happens When You File Late?
If you’re owed a refund, there’s no penalty for filing late, but you should file as soon as possible to receive your money and to claim other benefits that are potentially available to you. Refunds may not be issued for returns filed more than 10 years after the tax year
If you owe taxes, penalties and interest apply starting from the original filing deadline
Why It’s Important to File
Filing your tax return ensures you remain eligible for credits and benefits, such as the Canada Child Benefit (CCB) or GST/HST credit
To Avoid CRA Action on unfiled returns and owe taxes, the CRA may take action, such as garnishing your wages or freezing your bank account