Where do i report residual prepaid funeral refunds...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Returning Member

Where do i report residual prepaid funeral refunds ?

My late Dad's estate received a T5 residual interest refund from his prepaid funeral. Do i report the interest on his final T1 tax return ?  Or can my Mom, the beneficiary of his estate, claim it on her return?

1 Reply
Highlighted
Moderator

Where do i report residual prepaid funeral refunds ?

I’m sorry to hear of your loss.

Normally you would put any income received after the deceased’s final T1 return on a T3 trust return. However, in some cases you may be able to put the amounts on the T1 return of a beneficiary. You should contact the CRA and ask what you can do in this situation: https://turbotax.community.intuit.ca/replies/2647704


v