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Child tax benefit sudden drop?
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Our child tax benefit went from 450 every months to receiving 160 this month. I thought it was supposed to update in July?

Is there a reason it would have been lowered so much in March?

Edit: CRA account says that the deduction is due to an amount owed despite getting a tax return. Also no explanation why there's an amount owed but at least part of the puzzle solved

2nd edit: it was a 2020 reassessment that was done this month.

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1 year ago