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.
5-923801 XXXXXXXXXX
Attention: XXXXXXXXXX
Dear Sirs:
RE: RRSP Contributions for a Deceased Taxpayer
This is in reply to your letter of December 14, 1992 with respect to the Department's position on a deceased taxpayer's legal representative making contributions to a spousal RRSP on behalf of the deceased.
The Department's position on this matter, as stated in paragraph 4 of Interpretation Bulletin IT-307R2, has been to allow the deduction of contributions made to a spousal RRSP from the deceased's income for the year of death, if they were made by a deceased's legal representative within 60 days of the taxpayer's death and they otherwise complied with the usual limits on deductibility.
For the 1992 and subsequent taxation years, this position is being extended to permit the deduction of contributions made within the period from the date of death to 60 days after the calendar year in which the death occurred. This position has also been adopted in respect to the transfer of periodic pension payments to an RRSP under paragraph 60(j.2) of the Income Tax Act (the "Act").
The Department of Finance has proposed to incorporate these administrative positions in the Act under clauses 22 and 56 of the draft amendments to the Income Tax Act issued by that department in December 1992.
Yours truly,
for DirectorFinancial Industries DivisionRulings Directorate
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© His Majesty the King in Right of Canada, 1993
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© Sa Majesté le Roi du Chef du Canada, 1993
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