Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
I have a deceased client who has the following income earned between the date of death and distribution of the estate: $450 in interest income, -$6,431.21 in capital losses, and $2,500 CPP death benefit. The estate was distributed within 4 months of passing.
Is a T3 estate return required in this scenario?
Yes, either that or the beneficiaries have to report the interest income and CPP death benefit. Also, check to see if you can carry the capital loss back to the terminal personal tax return.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.