IS the death benefit considered income. Is there ...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
jeannie-soper
New Member

IS the death benefit considered income. Is there anywhere else I record this amount on the tax return.

 
3 Replies
TurboTax-Esther
New Member

IS the death benefit considered income. Is there anywhere else I record this amount on the tax return.

CPP death benefit does not go on the deceased tax payers return.

Enter CPP death benefits on either the surviving spouse's or child of the deceased return. 

cy1-4
Returning Member

IS the death benefit considered income. Is there anywhere else I record this amount on the tax return.

Hi  Is the death benefit taxable

 

TurboTaxGinette
Moderator

IS the death benefit considered income. Is there anywhere else I record this amount on the tax return.

We are sorry to hear about your loss. According to the Canada Revenue Agency, the CPP death benefit will generally not be taxable if certain circumstances apply. Please review the CRA link included below for more information.

Reporting a CPP/QPP death benefit amount    

Thank you for using TurboTax.

v