If Ontario workers' compensation payments based on estimates result in an overpayment on filing the annual report, the employer will:
A) Receive a rebate in the mail
B) Incur a fine in penalty
C) Face a formal audit from the Canada Revenue Agency
D) Forfeit the amount of the overpayment
E) Have the amount credited to the following year

Question

Quizplus · Accepted Answer

If there is an overpayment, the amount is typically credited to the employer's account for the following year.

If Ontario Workers' Compensation Payments Based on Estimates Result in an Overpayment