Tax Return Adjustment (T1-ADJ) in Canada
If you filed a tax return with errors, missed income, expenses, or accounts (FHSA, RRSP, etc.), or need to correct a past return.
- We prepare and submit adjustment requests in accordance with CRA rules
- We review how the changes may affect the tax outcome
Olga Chykaliuk
Accountant
Olga Vozna
Accountant
Trusted Experts In
Adjustment Steps
Error Analysis
We review your tax return and identify what needs correction (income, expenses, FHSA, RRSP, etc.).
Preparing the Adjustment
We prepare the T1-ADJ following CRA rules and supporting documents.
Filing with CRA
We submit the adjusted return to CRA and explain the next steps.
Who Is This For?
Newcomers
Planning to open a business in Canada.
Aspiring Entrepreneurs
Taking first steps in business.
Freelancers
Self-employed specialists working for themselves.
Specialists
Construction, IT, beauty, and other services.
Future Corporations
Thinking about incorporating.
Business Owners
Wanting to scale or organize finances.
Side Hustlers
Having additional income streams.
Uber/Lyft/DoorDash Drivers
With self-employed income.
What our Clients Say
"I got a fantastic express consultation from Olha Chikaliuk. Answers and information were very accurate, valuable, and professional. My entire family will only do their taxes with Olha."
"I had some questions regarding tax payments and proper calculations, and Anytime Accounting was very helpful. They provided clear guidance and made the process much easier. Professional and reliable service."
"Very satisfied with the service! Professional, efficient, and always explains everything clearly. Always available and ready to help. I highly recommend!"
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Deep Analysis
We review your information and tax situation.
Ongoing Support
We assist with required filings and next steps.
Anytime Accounting
Tax and Accounting Services
Briefly describe the situation so we understand the scope.
What needs fixing?
FAQ
CRA usually allows filing adjustments for previous years. If you have additional documents or corrected tax slips (T4, T5, RRSP, FHSA, etc.), it is worth checking the possibility of making changes.
Depends on your situation. Voluntary correction of an error shows your honesty and is the best way to prevent penalties in the future.
In this situation, an adjustment request (T1-ADJ) may be required. Whether an adjustment is appropriate depends on the details of the return and should be reviewed before submitting the request to CRA.
Often clients do not use all available carry forward amounts. Reviewing previous years allows identifying unused amounts, reducing tax burden, or receiving additional refunds. If there are grounds, a recalculation request is submitted.
If marital status was reported incorrectly, CRA may recalculate certain benefits for past periods.
In some cases, such a reassessment can be appealed. A Notice of Objection is filed, usually within 90 days. Our CRA audit support team can help you assess the grounds and prepare a response.
In simple cases, an explanation may not be required. For more complex changes, a brief explanation of the correction reasons is usually added. This helps CRA review the request faster and reduces the likelihood of additional inquiries.
If investments or crypto transactions were not declared previously or were reported incorrectly, adjustments to returns for the relevant years may be needed. This helps correctly reflect assets and bring reporting into compliance with CRA requirements.
In some cases, adjusting income for past years may change CCB payment amounts. That is why before submitting changes, it is important to assess possible consequences and check whether recalculation is advisable in your situation.
Errors in tax returns can be corrected by filing adjustments (T1 Adjustment). The possibility and scope of changes depend on the filing year and nature of errors. We can help you with this.
If during the move the province of residence was reported incorrectly, this may affect tax calculation due to provincial rate differences. In this case, it is worth checking if an adjustment is needed.
The main priority is that tax reporting is filed correctly, regardless of the amount. In some cases, an adjustment may be advisable, for example, to clarify income for a bank or mortgage. It is important to assess whether such an adjustment is justified and meets CRA requirements.
We can review old returns. If we find errors in your favor — we will suggest filing a T1-ADJ.