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liudifei
New Member

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.

5 Replies

Rental Income for Non Residence

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

Rental Income for Non Residence

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

Rental Income for Non Residence

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

Rental Income for Non Residence

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

Rental Income for Non Residence

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