Deceased Returns (Webinar)

This video breaks down the step-by-step process of handling a deceased taxpayer’s tax return and the resulting transfers. What you'll learn: Final Return Basics: How to trigger a deceased return on the Info worksheet and set up legal representative details. Income Elections: How to handle Section 104(13.4) elections and the required CRA paper trail. RRSP/RRIF Rollovers: Recording transfers to a surviving spouse for matured and unmatured plans. Worksheet Mastery: Using the RRSP and Deduction worksheets to automate tax-deferred status. Slip Accuracy: Correctly reporting T4RSP and T4RIF amounts for survivors over and under the age of 71. Presented by: Parminder Kaur