By Cheryl Jahn

Canada Revenue Agency has a BC glitch

Apr 11, 2019 | 4:35 PM

PRINCE GEORGE – It’s tax time once again but this year, a glitch has been identified for British Columbians to keep an eye out for. Stan Mitchell with KPMG explains what’s happening this year.

“All the tax software out there that processes the tax returns seems to be working, but when everything goes into the black box that is Canada Revenue Agency, their system is not allocating the dividend tax credit to British Columbia taxes,” explains Mitchell.

Mitchell says the Canada Revenue Agency is aware of the issue.

In a statement, the Canada Revenue Agency responded:

“On March 25, 2019, the CRA became aware of a system issue affecting the calculation of the British Columbia dividend tax credit for the 2018 tax year only. The credit was being disallowed on T1 income tax returns with income over $150,000. Upon further analysis, it was determined that other calculations were also affected. Specifically, the alternative minimum tax, minimum tax carryover, and tax on split income calculations.

A system fix was identified and the solution was implemented on April 2, 2019. The CRA can confirm that the problem is no longer occurring.

The CRA is in the process of identifying the affected taxpayers, and corrective action will be taken quickly to reassess their personal income tax returns.

The CRA will fully correct these issues without requiring information from taxpayers affected. Concerned taxpayers who believe they have been impacted by this technical problem are welcomed to call the CRA at 1-800-959-8281.”

Structure fire

Fort George Baptist Church damaged by fire

16m ago

On Demand

May 1, 2026: CKPG News on Demand

1h ago

Local school district's partnership with a nonprofit is helping kids focus on education

3h ago

by Cheryl Jahn

Click here to report an error or typo in this article

Canada Revenue Agency has a BC glitch

What's Trending