Tax season doesn’t have to be stressful! Make the process easier and more convenient by creating your Canada Revenue Agency (CRA) account and setting up direct deposit for faster refunds and secure payments.
Why Create a CRA My Account?
Your CRA My Account is a personal online portal that helps you manage your tax and benefit information conveniently. With this account, you can:
- View and download your T4 and other tax slips.
- Check the status of your tax return.
- Access your Notices of Assessment and reassessments.
- Update personal information, such as your address.
Steps to Create Your CRA My Account
- Visit the CRA My Account Website:
CRA My Account Link. - Choose a Login Option:
- Option 1: Use a CRA user ID and password.
- Option 2: Log in using a sign-in partner (e.g., your bank).
- Verify Your Identity:
You’ll need:- Your Social Insurance Number (SIN)
- Your date of birth
- A copy of a previous tax return for verification
Benefits of Direct Deposit
Setting up direct deposit ensures that payments like tax refunds and benefits are deposited directly into your bank account. It’s:
- Faster: No waiting for cheques in the mail.
- Safer: Reduces the risk of lost or stolen cheques.
- Reliable: Payments arrive directly into your account on time.
How to Set Up Direct Deposit
Option 1: Through Your CRA My Account
- Log in to your CRA My Account.
- Navigate to the Direct Deposit section.
- Provide your banking details:
- Institution number
- Transit number
- Account number
Option 2: Through Your Bank
If your financial institution supports it, you can set up direct deposit via their online banking services.
Need Help?
If you have questions or need assistance:
- Visit the CRA Help Centre: CRA Contact Information.
Don’t wait! Prepare for tax season by setting up your CRA My Account and direct deposit today for a faster, safer, and more convenient experience.
