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Netlife: What it Means, Benefits, Ineligibility

What Is Netfile?

Netfile is an online service that allows Canadians to file their taxes to the Canada Revenue Agency (CRA). Canadians opting for Netfile must use software certified by the CRA. Filers prepare and upload their 澳洲幸运5官方开奖结果体彩网:tax returns to the CRA's website. Users may file up to 20 returns per computer or online account.

Understanding Netfile

Netfile does not allow filers to make changes to personal information such as name, address, date of birth, or direct deposit i🍷nformation. Chꦉanges to personal information require a traditional paper return or contact with the CRA. 

After an individual files taxes, the CRA sends this person a 澳洲幸运5官方开奖结果体彩网:notice of assessment via regular mail. However, if a person registers online, they receive this notice electronically. 

The CRA also operates a service called ReFILE. This service allows taxpayers to file an amended income tax and benefit return electronically. The service is only available to amend previously filed returns via Netfile.

Benefits of Netfile

Besides doing away with the need to file a paper return, Netfile offers several other benefits. In many cases, individual filers receive their tax refunds more quickly than with paper returns. Refunds typically make their way to filers' accounts in as little as two weeks if they choose 澳洲幸运5官方开奖结果体彩网:direct deposit.

According to the CRA, using Netfile produces a more accurate return because the CRA does not re-key information submitted electronically, cutting down on the chance of errors. Netfile also doesn’t require filers to mail in receipts unless the CRA requests them later on. Also, the service provides immediate confirmation the CRA actually received a filer's return.

Ineligibility From Using Netfile

The CRA permits most Canadian taxpayers to use Netfile, with a few exceptions. Netfile is only available to residents of Canada, and only to those filing on behalf of themselves. For spousal and family returns, each individual must file separately. Individuals who declared bankruptcy in the current or previous year cannot use Netfile. There are other, less common exclusions for using Netfile. The full list is available on the government’s official website.

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  1. Government of Canada. "." Accessed Nov. 7, 2020.

  2. Government of Canada. "." Accessed Nov. 7, 2020.

  3. Government of Canada. "." Accessed Feb. 8, 2020.

  4. Government of Canada. "." Accessed Nov. 7, 2020.

  5. Government of Canada. "." Accessed Nov. 7, 2020.

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