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New Member
posted Oct 30, 2019 6:49:15 PM

Good morning. I have received a substantial inheritance of my dad (bank accounts and mutual funds) who passed away last month. How can I report that to CRA?. I live in ON

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1 Replies
Level 11
Oct 30, 2019 6:49:16 PM

I'm very sorry for your loss.

Canada has no inheritance tax so in most cases there's no need to include details on your tax return. 

https://turbotax.community.intuit.ca/replies/2647967