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New Member
posted Oct 30, 2019 4:05:42 PM

Rental Income for Non Residence

i am working on a return for non residence filing Canadian Rental income, the software applies the 15% federal non-refundable tax return to it, which is reducing the tax payble, is it correct? For non-residence, is provincial tax required? I don't see it is calculated in the final tax payable, only the federal portion.

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5 Replies
Level 13
Oct 30, 2019 4:05:44 PM

Are you referring to non-residents paying rental income in Canada or having rental income outside of Canada?

New Member
Oct 30, 2019 4:05:45 PM

I am referring to rental income received in Canada. She has a property in Toronto which is received monthly rental income

Level 13
Oct 30, 2019 4:05:47 PM

Are you filling out the T776 form which is then generated to line 126 of your T1?

New Member
Oct 30, 2019 4:05:48 PM

Yes, I do have rental income in line 126 which trigger to calculate the tax payable in schedule 1. but i am not sure if non residence would have the basic personal amount

Level 13
Oct 30, 2019 4:05:49 PM

Yes it's normal, the amount gets calculated on schedule 1- line 50.