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:
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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