Form RC72 Notice of the Actual Amount of the Refund of Tax - Canada

Form RC72 Notice of the Actual Amount of the Refund of Tax is used by the Canadian government to inform individuals of the precise amount they will be receiving as a tax refund.

The taxpayer themselves files the Form RC72 Notice of the Actual Amount of the Refund of Tax in Canada.

FAQ

Q: What is Form RC72?
A: Form RC72 is a notice from the Canada Revenue Agency that provides details about the actual amount of your tax refund.

Q: What is the purpose of Form RC72?
A: The purpose of Form RC72 is to inform you about the actual amount of your tax refund.

Q: Who receives Form RC72?
A: Form RC72 is received by individuals who are entitled to a tax refund from the Canada Revenue Agency.

Q: How do I get Form RC72?
A: Form RC72 is typically sent to you by mail after the Canada Revenue Agency has processed your tax return.

Q: What should I do with Form RC72?
A: You should review the information on Form RC72 to confirm the actual amount of your tax refund. If everything is correct, no further action is needed. If you have any concerns or questions, you can contact the Canada Revenue Agency for assistance.

Q: Is Form RC72 the same as a tax return?
A: No, Form RC72 is not a tax return. It is a notice that provides information about the actual amount of your tax refund after your tax return has been processed.

Q: When can I expect to receive Form RC72?
A: The timing of when you will receive Form RC72 can vary. It typically takes several weeks for the Canada Revenue Agency to process tax returns and issue refunds. You should receive Form RC72 after your tax return has been processed and your refund amount has been determined.

Q: What should I do if I haven't received Form RC72?
A: If you haven't received Form RC72 after a reasonable amount of time, you can contact the Canada Revenue Agency to inquire about the status of your refund.

Q: Can I request a copy of Form RC72?
A: Yes, if you have lost or misplaced your Form RC72, you can contact the Canada Revenue Agency to request a copy.

Q: Can Form RC72 be used to file a tax return?
A: No, Form RC72 is not used to file a tax return. It is only a notice that provides information about the actual amount of your tax refund.