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Difference between revisions of "Probating the Will"
From Clicklaw Wikibooks
→Prepare and file income tax returns
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==Prepare and file income tax returns== | ==Prepare and file income tax returns== | ||
You need to file a final income tax return for the person. If the person had assets or income in another country, you may need to file a foreign income tax return as well. Ask Canada Revenue Agency for their booklet | You need to file a final income tax return for the person. If the person had assets or income in another country, you may need to file a foreign income tax return as well. Ask Canada Revenue Agency for their booklet "Preparing Returns for Deceased Persons." This guide is available online at [http://www.cra-arc.gc.ca www.cra-arc.gc.ca]. | ||
After the income tax is reported, assessed and paid, apply for a Clearance Certificate. For your own protection, you should have this certificate before you begin to distribute the estate. Call Canada Revenue Agency for information and forms - 1.800.959.2221. | After the income tax is reported, assessed and paid, apply for a Clearance Certificate. For your own protection, you should have this certificate before you begin to distribute the estate. Call Canada Revenue Agency for information and forms - 1.800.959.2221. | ||
