Still owe money to Canada CRA after T1 adjustment, do I have to pay interest?

[cqhg]

Hi,

I am a Canadian working in US.

For the tax year 2015 I discovered that after my T1 adjustment this year I still owe a little money ($200) to the CRA, and it's been several years(2016~2020) so I'm wondering if I need to include interest when paying back the money owed, and if I do, how I would calculate it?

Also are there any fines associated with paying this late?

Thanks in advance.

[nelsona]

CRA will determine and send you the bill. No point estimating.

[cqhg]

nelsona wrote:
> CRA will determine and send you the bill. No point estimating.


thank you so much!

[Carasad]

Indeed, the CRA most often determines and sends an invoice with the necessary amount to be paid. However, this is not always the case. I owed about $300, but no one contacted me, which leads me to believe I may have made a mistake in my calculations. The interesting thing is that I counted several times, and only one amount came up all the time. Perhaps someone has encountered this situation? I emailed them, but there was no response. I quit my last job and now make my living using the best app to make money https://wealthofgeeks.com/apps-that-pay-you-money/, so I have no way to contact the CRA.