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TitlePreparing Returns for Deceased Persons
Author
LanguageEnglish
File Size552.7 KB
Total Pages211
Table of Contents
                            Before you start
	Is this guide for you?
	Which return should you use?
What's new for 2017?
Table of contents
Definitions
Chapter 1 – General information
	Are you the legal representative?
	What are your responsibilities as the legal representative?
	Do you need information from the deceased person's tax records?
	Goods and services tax/harmonized sales tax (GST/HST) credit received after the date of death
		What if the deceased was single, separated, divorced, or widowed and received the GST/HST credit?
		What if the deceased's GST/HST credit is for the deceased and his or her spouse or common-law partner?
		What if the surviving spouse's or common-law partner's GST/HST credit included a claim for the deceased?
		What if the deceased is an eligible child?
	Clearance certificate
	Getting started
	Common questions and answers
Chapter 2 – Final return
	What date is the final return due?
	What happens if you file the final return late?
	What is the due date for a balance owing?
	How to complete the final return
		Step 1 – Identification
		Foreign income
		Step 2 – Total income
		Amounts an employer pays to the deceased person's estate
		Lines 101 to 104 – Employment income
		Line 113 – Old age security pension
		Line 114 – CPP or QPP benefits
		Line 115 – Other pensions or superannuation
		Line 116 – Elected split-pension amount
		Line 119 – Employment insurance benefits
		Lines 120 and 121 – Investment income
		Line 125 – Registered disability savings plan (RDSP) income
		Line 127 – Taxable capital gains
		Line 129 – RRSP income
		Line 130 – Other income
		Lines 135 to 143 – Self-employment income
		Lines 144 to 146 – Other types of income
		Step 3 – Net income
		Line 208 – RRSP/PRPP deduction
		Line 210 – Deduction for elected split-pension amount
		Step 4 – Taxable income
		Line 253 – Net capital losses of other years
		Step 5 – Federal non-refundable tax credits
		Personal amounts (lines 300 to 306, 307, 367)
		Line 300 – Basic personal amount
		Line 301 – Age amount
		Line 303 – Spouse or common-law partner amount
		Line 305 – Amount for an eligible dependant
		Lines 352 and 367 – Canada caregiver amount for infirm children under 18 years of age
		Line 308 – CPP or QPP contributions through employment
		Line 314 – Pension income amount
		Line 316 – Disability amount (for self)
		Line 318 – Disability amount transferred from a dependant
		Line 319 – Interest paid on your student loans
		Line 326 – Amounts transferred from your spouse or  common-law partner
		Line 330 – Medical expenses for self, spouse or common-law partner, and your dependent children born in 2000 or later
		Line 349 – Donations and gifts
		Line 363 – Canada employment amount
		Step 6 – Refund or balance owing
		Minimum tax
		Line 453 – Working income tax benefit (WITB)
		Provincial and territorial tax
		Signing the return
Chapter 3 – Optional returns
	Signing the optional return
	What are the three optional returns?
		1. Return for rights or things
		Employment rights or things
		Other rights or things
		Election to delay payment of income tax
		How to cancel a return for rights or things
		2. Return for a partner or proprietor
		3. Return for income from a graduated rate estate
	Amounts for optional returns
		Amounts you can claim in full on each return
		Amounts you can split between returns
		Amounts you can claim only against certain income
Chapter 4 – Deemed disposition of property
	General information
		What is a capital gain?
		What is a capital gains deduction?
		What is a capital loss?
		Recaptures and terminal losses
	Capital property other than depreciable property
		Deceased's deemed proceeds – Transfer to spouse or common-law partner, or testamentary spousal or common-law partner trust
		Deceased's deemed proceeds – All other transfers
	Depreciable property
		Deceased's deemed proceeds – Transfer to spouse or common-law partner, or testamentary spousal or common-law partner trust
		Deceased's deemed proceeds – All other transfers
	Farm or fishing property transferred to a child
		Conditions
		Deceased's deemed proceeds – Transfer of farmland to a child
		Deceased's deemed proceeds – Transfer of depreciable farm or fishing property to a child
		Election to delay payment of income tax
Chapter 5 – Net capital losses
	What is a net capital loss?
	Net capital losses in the year of death
	Net capital losses before the year of death
	Disposition of estate property by the legal representative
Appendix
	Section of T1 General Income Tax and Benefit Return
	Section of T1 General Income Tax and Benefit Return
	Section of T1 General Income Tax and Benefit Return
	Split amounts (Note 6)
	Section of T1 General Income Tax and Benefit Return
References
	Forms
	Guides
	Income tax folios
	Information circulars
	Interpretation bulletins (archived)
	Information sheets
For more information
	What if you need help?
	Forms and publications
	Tax services offices
	Tax Information Phone Service (TIPS)
	Teletypewriter (TTY) users
	Service Complaints
		Step 1 – Talk to us first
		Step 2 – Contact the CRA Service Complaints Program
		Step 3 – Contact the Office of the Taxpayers' Ombudsman
	Reprisal complaint
Index
                        
Document Text Contents
Page 1

f

Preparing Returns
for Deceased
Persons

2017
L / T4011 (E) Rev. 17 Canada.ca/taxes

Page 105

– 103 –

Signing the opt ional return

You have to s ign the opt ional return in the area prov ided on the
last page of the return. Sign your name and indicate your t i t le ( for
example, executor or adminis t rator) .

What are the three opt ional returns?

1. Return for r ights or th ings

Rights or th ings are amounts that had not been paid to the deceased
at the t ime of h is or her death and that , had the person not d ied,
would have been included in h is or her income when received. There
are r ights or th ings f rom employment and other sources.

You can f i le a return for r ights or th ings to repor t the value of the
r ights or th ings at the t ime of death. However, i f you f i le a return for
r ights or th ings, you have to repor t al l r ights or th ings on that return,
except those t ransferred to benef ic iar ies. You cannot spl i t r ights or
th ings between the f ina l return and the return for r ights or th ings.

Page 106

– 1 04 –

I f you t ransfer r ights or th ings to a benef ic iary, you have to do so
wi th in the t ime l imi t for f i l ing a return for r ights or th ings. The
benef ic iary must repor t the income f rom the t ransferred r ights or
th ings on his or her return.

Employment r ights or th ings

Employment r ights or th ings are salary, commissions, and vacat ion
pay, as long as both of these condi t ions are met:

• The employer owed them to the deceased on the date of death.

• They are for a pay per iod that ended before the date of death.

Other r ights or th ings

Other r ights or th ings inc lude the fo l lowing:

• o ld age secur i ty (OAS) benef i ts that were due and payable before
the date of death;

• uncashed matured bond coupons;

Page 210

– 2 08 –

Page

References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192 [33]

Refund or balance owing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 [19]

Registered d isabi l i ty savings p lan (RDSP) . . . . . . . . . 60, 65, 72 [12, 13, 14]

Registered ret i rement income fund (RRIF) income . . . . . . . . . . . . . . . . . . 68 [14]

Registered ret i rement savings plan (RRSP) income
and deduct ion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61, 75 [13, 15]

Reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 [15]

Return for a par tner or propr ietor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 [21]

Return for income f rom a graduated rate estate . . . . . . . . . . . . . . . . . . . 111 [21]

Return for r ights or th ings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103 [20]

Returns for the year of death (Chart 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159 [30]

Page 211

– 2 09 –

Page

Sel f -employment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 [15]

Signing the return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 [20]

Spl i t -pension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57, 77 [12, 15]

Spouse or common- law par tner amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 [16]

Terminal losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126 [24]

Vacat ion pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 [9]

Working income tax benef i t (WITB) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 [19]

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