An NOA is an annual statement sent by Canada Revenue Agency (CRA) to taxpayers detailing their tax account.
An NOA includes a taxpayer’s:
- Income tax owed
- Income tax already paid
- Tax refund amount
- Tax credit amount
- Allowable contribution to a Registered Retirement Savings Plan (RRSP)
Here is a sample NOA, courtesy of mortgage planner, Leah Coss.
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Last modified: August 24, 2010
