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Notice of Assessment (NOA)

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.