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How do I list income and tax withheld reported on a T2062B?
We had a term life policy that had a conversion feature on maturity. We opted to take a cash payout. While a deemed resident for tax purposes, the insurer considered us non-resident and withheld taxes; they filed a T2062B with the CRA. We received no other forms from the insurer. I'm not sure how to report the gain or tax paid on our filing.
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‎October 30, 2019
11:07 AM