I have a client who received $10,000 in CERB payments. In order to head off a potential tax surprise, they paid 25%, or $2,500 into their CRA instalment account. They just received the T4A showing CERB income of $7,500.
When I investigated their CRA account, each one of their instalment payments was transferred to the CERB repayment account on the same day payment was made.
I contacted CRA (only a 30 min wait, quite impressed), and the agent advised that they had made an error. They will be transferring monies back to instalment account and issuing an amended T4A.
This is just a head’s in case anyone comes across a similar situation. I am glad I picked it up before trying to file the return.