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How does Revenue Canada know if you have not declared all your

Resolved Question:

How does Revenue Canada know if you have not declared all your income, ie not delcared one of your t4s?

Submitted: 1 year ago.
Category: Canada Tax
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Expert:  Lindie-mod replied 1 year ago.


Hi, I’m a moderator for this topic and I wonder whether you’re still waiting for an answer. If you are, please let me know and I will do my best to find an Expert to assist you right away. If not, feel free to let me know and I will cancel this question for you. Thank you!

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Customer: replied 1 year ago.

What other information do you need?

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Expert:  Lindie-mod replied 1 year ago.

Sometimes, finding the right Expert can take a little longer than expected and we thank you greatly for your understanding. We’ll be in touch again shortly.

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Expert:  Lindie-mod replied 1 year ago.

Thank you for your patience, your business is very important to us, we are waiting on the Expert with the right expertise to come online. Feel free to let us know if you would like us to continue searching for an Expert or if you would like us to close your question. Thank you for your understanding!

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Expert:  Debra Thal replied 1 year ago.

The employer has already sent a copy of the T4 to Canada Revenue.

They match them all up.

So they will easily discover if you fail to report this.

You will then face severe penalties as well as interest and could face and audit.

Does that answer your question?

If not just let me know by replying back to this post.

Thanks

Debra Thal, Lawyer
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