Line 485 - Balance owing

If your total payable (line 435) is more than your total credits (line 482), enter the difference on line 485. This amount is your balance owing. Generally, if the difference is $2 or less for 2011, you do not have to make a payment.

Important date

Your balance owing is due no later than April 30, 2012. When a due date falls on a Saturday, a Sunday, or a holiday recognized by the CRA, we consider your payment to be made on time if we receive it or it is postmarked on the next business day.

Payment methods

You can make your payment in several ways. See How to make your payment.

Forms and publications

• General Income Tax and Benefit Package - Guide, return and schedules

Related topics

• Paying your income tax by instalments
• Due date for a balance owing (deceased persons)
• Due date for the final return