Shouldn’t this date be two years after the withdrawal date or last T2202? CRa considers the first payment to be due in 2020 unless they meet the criteria to extend the deadline.
The latest year you can start repaying your LLP withdrawals is the fifth year after your first LLP withdrawal. However, in most cases, you have to start repaying your withdrawals before that year.
See Examples – When and how to make a repayment (examples 1 and 2).
When to start repaying your LLP withdrawals
Answer a few questions to determine when you have to start repaying your LLP withdrawals. These questions do not cover cancelling your withdrawal. For that situation, see Cancelling your LLP withdrawal.
We determine when your repayment period starts by checking if the LLP student is a qualifying student for at least three months during the year. If the LLP student does not meet this condition two years in a row, your repayment period usually starts in the second of those two years. If the LLP student continues to meet this condition every year, your repayment period starts in the fifth year after your first LLP withdrawal.
“In some cases, the LLP student is not a qualifying student for at least three consecutive months in any calendar year. This can happen if the program is short and the student starts it near the end of the year. In that case, your first repayment year is the second year after the year of your LLP withdrawal. If the student is not a qualifying student for three months in any year because the student left the program, see Student leaves school or does not enroll in time”