The Statement of Account is a document you can print out from the CRA My Account website. It is a detailed transaction listing showing charges and payments made to/from your CRA account, resulting in your current balance.
Lenders will need your Statement of Account if your Notice of Assessment shows a debit (DR) balance, because this means at the time you filed your taxes you owed additional money to CRA. If you paid your taxes owing after filing, the Statement of Account will show that your taxes are paid and your balance is $0.
To print the Statement of Account, follow the steps below:
- Login to CRA (http://www.cra-arc.gc.ca/myaccount/)
- In the Navigation menu, click on the Accounts and payments option
- Click the “Statement of account” link
- Click the “Print/Save” link in the top right side of the document.
Be sure to submit or bring in all the pages printed.