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CityMailing addressTaxpayer nameSection I IdentificationRC4288 1Prov./Terr./Statecontinue on next page Postal or zip codePlease read the "Information to help you complete this form " on.

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How to fill out the Rc4288 online

Filling out the Rc4288 form online is a crucial step for individuals seeking to request relief from penalties or interest imposed by the Canada Revenue Agency. This guide provides clear and detailed instructions to navigate each section of the form effectively.

Follow the steps to complete the Rc4288 form with ease.

  1. Click ‘Get Form’ button to access the Rc4288 form and open it in your preferred editor.
  2. Fill in your identification details in Section I. This includes your taxpayer name, mailing address, province, postal code, and social insurance number.
  3. In Section 2, provide the details of your request. Specify the type of penalty or interest and the amounts, if known. Include any relevant account numbers and the reasons for your request.
  4. Indicate any circumstances related to your request, such as financial hardship or delays caused by the Canada Revenue Agency. Provide specific years or periods involved.
  5. Section 3 requires you to support your request with documentation. Attach any relevant documents, including correspondence from the Canada Revenue Agency.
  6. If applicable, complete Section 4 for certification. Provide your signature and the necessary information about your representative, if you have one.
  7. Finally, submit the completed form and all supporting documentation to the designated office based on your province or territory of residence for processing.

Complete your Rc4288 form online today for a smoother application process.

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The CRA will also charge you interest on both the balance owing and any penalty. The penalty is 5% of any balance owing, plus 1% of the balance owing for each full month that the return is late, to a maximum of 12 months.

RC376 Taxpayer Relief Request - Statement of Income and Expenses and Assets and Liabilities for Individuals.

To apply for taxpayer relief, taxpayers or their representatives can fill in and file form RC4288 or apply online through the CRA's My Account, My Business Account or Represent a Client portals.

Generally, CRA can only audit someone up to four years after a tax return has been filed, although, in some cases, such as cases of suspected fraud or misrepresentation, CRA can go farther back and there is no time-limit for the re-assessment.

RC4288 Request for Taxpayer Relief - Cancel or Waive Penalties and Interest - Canada.ca.

A taxpayer relief application can also be granted in case of extraordinary circumstances like natural or man-made disasters (such as fire or an ice storm). If a taxpayer is unable to pay the taxes owing due to financial hardship, it is also a ground for granting a taxpayer relief application.

The answer is yes, but how much reduction you can achieve depends on the program you use. We look at three programs for tax forgiveness in Canada: Negotiating extended payment terms.

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