Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
Principal Issues: Where an income amount is received unexpectedly after the administration of an estate, what is the proper procedure to report the income?
Position: Follow E9802647.
Reasons: The issue was decided in E9802647.
September 28, 2001
Bob Gilewicz J.D. Brooks
Estates & Trusts Trusts Section
Saskatoon TSO
2001-007351
Administration of Estate
This is in reply to your enquiry of February 28, 2001 concerning an unexpected income source of a deceased person where the income source did become evident to the executor until after the administration of the estate was completed. In dealing with this issue, you can rely on document 980264.
We trust that this information will facilitate you concluding the matter.
T. Murphy
Manager
Trusts Section
International and Trusts Division
Income Tax Rulings Directorate
Policy and Legislation Branch
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