Podcast
Questions and Answers
Which return is required for all deceased individuals?
Which return is required for all deceased individuals?
- Return for Income from a Testamentary Trust
- Rights or Things Return
- Final T1 return (correct)
- Partnership or Proprietorship Income Return
Which return is elective or optional depending on the types of income of the deceased?
Which return is elective or optional depending on the types of income of the deceased?
- Partnership or Proprietorship Income Return
- Return for Income from a Testamentary Trust
- Final T1 return
- Rights or Things Return (correct)
What type of income does the Return for Income from a Testamentary Trust focus on?
What type of income does the Return for Income from a Testamentary Trust focus on?
- Business Partnership Income
- Testamentary Trust Income (correct)
- Investment Income
- Individual Employment Income
When should the Partnership or Proprietorship Income Return be filed?
When should the Partnership or Proprietorship Income Return be filed?
Which return has a specific provision number of 150(4) according to the text?
Which return has a specific provision number of 150(4) according to the text?
What is the filing deadline for the Final T1 Return if an individual passes away on November 15?
What is the filing deadline for the Final T1 Return if an individual passes away on November 15?
If an individual died on October 20, by when should the Final T1 Return be filed?
If an individual died on October 20, by when should the Final T1 Return be filed?
What is the filing deadline for the Final T1 Return if an individual dies on December 20?
What is the filing deadline for the Final T1 Return if an individual dies on December 20?
In what situation does the Final T1 filing deadline differ from the usual April 30 deadline?
In what situation does the Final T1 filing deadline differ from the usual April 30 deadline?
What happens if a Final T1 Return is filed after its respective deadline?
What happens if a Final T1 Return is filed after its respective deadline?