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
TurboTaxJennifer
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.