I have had a number of clients get back to me after receiving their Notice of Assessment, indicating that the amount that they owe is different than the amount owing when filing their return.
Turns out that in each of these situations, the client had a pre-existing CRA balance, which is added to the current T1 balance on the NOA.
I have since realized that AFR brings down the outstanding balance and records it on the CDE form. I have created a data monitor to hi-lite this, so I can proactively comment to the client.
When reviewing a T1 with a client, I reference the 2 Year Summary (long version).
Would it be possible to report this outstanding carry-forward amount in a cell at the bottom of the 2 Year Summary, along with any amounts calculated on the Interest form, to calculate an estimated amount that will show up on the NOA?