Line 48400 – Refund

Generally, the CRA does not refund a difference of $2 or less. 

You can ask the CRA to transfer your refund to your 2024 instalment account when you file your return electronically or by attaching a note to your paper return.

Direct deposit

Direct deposit is a fast, convenient, and secure way to receive your CRA payments directly in your account at a financial institution in Canada. For more information and ways to enrol, go to Direct deposit or contact your financial institution.

Uncashed cheques 

Sign in or register for My Account to find out if you have any uncashed cheques. For more information, go to Uncashed cheques from the CRA. 

Completing your tax return

Subtract the amount on line 48200 of your return from the amount on line 43500 of your return.

If the result is negative, you have a refund. Enter this amount on line 48400 of your return.

Forms and publications

• Income Tax Package