Retroactive Repay worksheets for 2020 and 2021
From the latest update:
Retroactive changes to Repay worksheet for 2020 and 2021
2020 and 2021 have been updated to reflect retroactive changes to the calculation of the Old Age Security (OAS) clawback for individuals who are also subject to a clawback on the Canada Recovery Benefit (CRB), in accordance with revised online versions of the Federal Worksheet and T4E slips for the 2020 and 2021 tax years.
It is unclear from the note above who made the error. Is it a CRA error? If yes, will CRA automatically be making adjustments to my clients who are affected or do I need to file adjustments?
