Final tax returns must be completed for all Canadian Tax payers.
All income earned until the death is reported on the final return.
Report income earned after the date of death on a T3 Trust Income Tax and Information Return.
We work with lawyers, trustees, beneficiaries to complete all CRA requirements. We also assist in Estate tax returns.
Generally, the final return is due on or before the following dates:
If the death occurred between January 1 and October 31 inclusive, the due date for the final return is April 30 of the following year.
If the death occurred between November 1 and December 31 inclusive, the due date for the final return is six months after the date of death.