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New Member
posted Mar 22, 2024 10:21:08 AM

Do I need to file the new “T3 trust income tax and information return“, specifically when the trust is for a minor child?

I can’t find clear guidance on this. I know the trust needs to valued > $50,000 but I can’t tell if a trust for a minor child affects the requirements to file

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Moderator
Mar 22, 2024 2:01:10 PM

Please contact the CRA at 1-800-959-8281 to get tax information requirements if you need to file the new "Bare Trust" for 2023. 

 

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