If you can't afford to pay your full balance to the CRA, follow these steps:

1. File your return on time
   • Avoid late filing penalties
   • Ensure your benefit payments (if any) continue uninterrupted
2. Understand the consequences
   • Compound daily interest starts accruing on May 1st
3. Set up a payment arrangement
   • Contact the CRA to discuss payment options
4. Continue communication with the CRA
   • Regular updates can prevent more serious actions like wage garnishment or account freezes

Important notes:

• Don't ignore your tax bill
• Consistent communication and payments can help avoid CRA collections

Remember:

• Keep all correspondence with the CRA
• Make payments as soon as you're able, even if they're partial

If you need assistance understanding your tax balance or payment options, consider consulting with a tax expert. For help calculating your balance in Wealthsimple Tax, please contact Wealthsimple support.