Deceased Taxpayers

Question 1

What is the filing deadline for

Prior taxation year return

Answer 1

Later of:

1. 6 months after date of death
2. usual filing date (April 30 or June 15) following the year for which the return is being filed.

Question 2

What is the deadline for

Terminal or final return

Answer 2

For the period in the year up to the date of death.

Later of

1. 6 months after date of death
2. usual deadline (April 30 or June 15) of the year following year of death

Question 3

What is the deadline for

Rights or things return

Answer 3

Later of

1. one year after date of death
2. 90 days after assessment of any return for the year of death

Question 4

What is the deadline for

Trust beneficiaries return

Answer 4

Later of

• six months after date of death
• usual filing deadline (April 30 or June 15) of the year following the year of death

Question 5

Define rights or things and give five examples

Answer 5

Rights or things are amounts which are receivable at the date of death but have not been received such as:

1. matured, uncashed bond coupons
2. declared, unpaid dividends
3. farm crops
4. declared, unpaid bonus or commissions, vacation pay or CPP, if pertaining to pay periods completed before date of death
5. lump sum payments out of a pension plan

Question 6

What is a

Trust beneficiary’s return

Answer 6

Used when an individual beneficiary dies after the trust year-end to report:

• income from the trust (12 months) and
• any further income earned by the trust after the trust year-end and before the date of death that is payable to the deceased individual