Line 125 - Registered disability savings plan (RDSP)

If the beneficiary of an RDSP dies, the RDSP must be closed no later than December 31 of the year following the year of the beneficiary's death. Any funds remaining in the RDSP, after any required repayment of government bonds and grants, will be paid to the estate. If a disability assistance payment (DAP) had been made and the beneficiary is deceased, the taxable portion of the DAP must be included in the income of the beneficiary's estate in the year the payment is made.

Forms and publications

• General Income Tax and Benefit Guide
• Guide RC4460, Registered Disability Savings Plan
• Guide T4011, Preparing Returns for Deceased Persons

Date modified:

2016-01-05