Anthony383
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- Posted Re: Filing for Deceased - Need Help on Filing. June 1, 2021 4:32 PM
- Posted T4RIF of Deceased - Who files Box 18? Beneficiary or Deceased? on Filing. April 10, 2021 5:46 PM
- Posted Re: Filing for Deceased - Need Help on Filing. April 1, 2021 6:46 PM
- Posted Filing for Deceased - Need Help on Filing. March 28, 2021 11:26 AM
- Posted Re: Sorry, but funeral expenses are not an eligible deduction... on Self-employed. March 27, 2021 10:18 PM
June 1, 2021
4:32 PM
Sorry but deceased person's returns cannot be net filed. I had to mail it for my dad.
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April 10, 2021
5:46 PM
Hello, my Dad had an RRIF account with TD bank and I was the beneficiary. He passed away last October and the remaining amount was deposited into my savings account in November. My Dad received a T4RIF slip (care of my Mom) with two amounts on it: Box 16 - Taxable amounts (this is the minimum amount that's withdrawn automatically and deposited into his savings account every year, there were no other withdrawals throughout the year) Box 18 - Deceased (this is the fair market value of the remaining amount at the time of death) My question is who reports box 18? Do I file this under my Dad's return along with box 16 or under mine as "Other Income"? I did not get a tax slip for this. Note that the amount I received was like 30 cents more than what Box 18 showed (interest?) TD bank had no clue what I should do and suggested I call CRA. I called and was on hold for 3 hours then got the message that they're closed. Thank you for your help.
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April 1, 2021
6:46 PM
Thanks for your reply. On the desktop app, there is no question that says "who are you preparing for?" but I figured it out. It's different than the online version. The first question is asking about marital status. After choosing Married, there is a question below regarding filing for deceased.
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March 28, 2021
11:26 AM
My Dad passed away Oct 2020 and I'm told I need to file a final return. This is super confusing to me as there seems to be conflicting information. I read that I can file this using TurboTax Standard but some say I can't and need to do a T3 Trust return instead which I have no idea what that is. In TurboTax Standard when I create a new return, the first question it asks: What's your marital status? On December 31,2020 ,you were: Married Living Common Law Widowed Divorced Separated Single There's no option to choose deceased... My Dad had no will and no income except for CPP and OAS. His only assets was a joint bank account shared with my Mom to which the CPP and OAS were deposited. I'm not sure how to proceed. Thanks.
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March 27, 2021
10:18 PM
Hi, my dad passed away back in Oct 2020. My mom received a $2500 death benefit. If I understand correctly, my mom has to report this on her tax return. I have the TurboTax Standard download version, where do I enter this? Thank you!
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