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Using Stored Credits to Reduce Future Filing Payments (Canada Federal)

Updated over a week ago

We’ve introduced a new feature that lets you apply stored credits to reduce your payment amount during future filings—starting with Canada Federal jurisdiction. This article walks you through how to view and apply your available credits and explains how this works across jurisdictions.


💡 Key Points:

  • Canada Federal Only: You can only add new credits for Canada Federal filings.

  • Reduce Payments: Use credits to pay for future Canada Federal tax filings.

  • View Credits Easily: Check your available credits on the registration and filing details pages.


How to View and Add Credits

Step 1: Go to the Registration Page

  1. From the app, navigate to your Canada federal registration.

  2. Click the kebab menu (three vertical dots).

  3. Select “Credits.”

Step 2: View Available Credits

You’ll see:

  • Your total available credit amount.

  • A button to add new credit (only available for Canada Federal).

⚠️ Note: You can only add new credits for Canada Federal at this time.


Using Credits During Filing

Step 1: Navigate to Filing Details

Once you’ve created a filing for Canada Federal, open the filing details page.

Step 2: View Applied Credits

On this page, you’ll see a line item showing how much credit was utilized to reduce your payment.


Jurisdiction Limitations

  • Only Canada Federal supports adding new credits.

  • Other jurisdictions (e.g., Quebec) will not display a “New Credit” button.

  • You can still view if any credits were applied (if applicable), but cannot create new ones outside Canada Federal.


Summary

Feature

Canada Federal

Other Jurisdictions

View Available Credits

✅ Yes

✅ Yes (if any)

Add New Credits

✅ Yes

❌ No

Apply Credits to Filings

✅ Yes

✅ Yes (if applicable)


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