Common reporting errors

Three of our review programs are:

• Pre-assessment Review Program;
• Processing Review Program; and
• Matching Program.

Under these programs, we review various income, deduction, and credit amounts on individual income tax returns to ensure they have been correctly reported. Because these programs are often based on the information obtained from information returns, it is essential for filers of these returns to properly complete their returns in order that we can ensure the accuracy of the (re)assessments generated by the programs.

Select one of the following most common reporting errors.

Forms and publications

• Form T1171, Tax Withholding Waiver on Accumulated Income Payments from RESPs
• Form T2030, Direct Transfer Under Subparagraph 60(l)(v)
• Form T2033, Direct Transfer under subsection 146.3(14.1), 147.5(21) or 146(21), or paragraph 146(16)(a) or 146.3(2)(e)
• Interpretation Bulletin IT-337, Retiring Allowances
• Interpretation Bulletin IT-528, Transfers of Funds Between Registered Plans

Date modified:

2016-10-24