8 Things Canadians Often Don’t Realize About How the CRA Works

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Your CRA “My Account” Shows More Than Just Tax Information

Canadians who log into CRA My Account usually check only their Notice of Assessment.

However, the portal also displays benefit eligibility, RRSP room, TFSA contribution room, past correspondence, and direct deposit status.

Many people are surprised to see how much personal financial data is organized there.

The account updates regularly, so information can change before the next tax season.

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It serves as an ongoing record, not just a yearly tax tool.