Paying your 2020 taxes owing - Personal income tax

If you have a balance owing, you have options to pay what you owe in full or over time. If you received COVID-19 benefits, you may be eligible for interest relief on your 2020 taxes owing. 

Balance owing on your tax return

If you have an amount on line 48500, you have a balance owing.

Your 2020 balance owing is due on or before April 30, 2021.

You should file your tax return, pay any amounts you owe, or make a post-dated payment to cover your balance owing by the due date to avoid paying interest and late-filing penalties. If your balance owing is $2 or less, you do not have to make a payment.

Pay the amount you owe

You have several options to pay your taxes or other debts, including online, in person, or by mail.

Find a payment option that works for you:

Make a payment

If you cannot pay in full

If you are not able to pay the full amount:

  • file on time to avoid paying a late-filing penalty
  • make a partial payment to reduce the amount of interest you need to pay on unpaid amounts

You can set up a payment arrangement to give yourself more time and flexibility to repay what you owe. For details: Arrange to pay your personal debt over time

If you are unable to pay, you can discuss your options with the CRA.

Interest relief if you received COVID-19 benefits

Interest relief on 2020 taxes owing will be given to people who have a total taxable income of $75,000 or less in 2020 and received at least one COVID-19 benefit in 2020.

You must file your 2020 tax return to qualify for this interest relief.

For details: Eligibility criteria for interest relief

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