Subsection 205(1)
Administrative Policy
8 April 2020 External T.I. 2016-0668991E5 F - Death of RRSP or RRIF annuitant
issuer required to issue T4RSP or T4RIF within a reasonable time after notification of death received after February filing date
Where an RRSP or RRIF annuitant dies in December 20X1 and the issuer or carrier is notified of the death in March 20X2, what is the deadline for it to file the T4RSP and T4RIF slips on behalf of the deceased annuitant? CRA responded:
In a situation where an issuer or carrier is notified of the death of an RRSP or RRIF annuitant after the due date for filing the T4RSP or T4RIF information return, the issuer or carrier will be required to file an additional T4RSP or T4RIF slip for the deceased annuitant within a reasonable time after being notified of the death.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146 - Subsection 146(8.9) | discretionary s. 146(8.9) deduction is available even where no timely issuance of T4RSP, but no deduction where annuitant with surviving spouse dies after the maturity of the RRSP | 220 |
| Tax Topics - Income Tax Act - Section 146.3 - Subsection 146.3(6.2) | s. 146.3(6.2) deduction can be less than the formula amount and does not depend on timely receipt of T4RIF – but applies only when the last annuitant of a RRIF dies | 224 |
| Tax Topics - Income Tax Regulations - Regulation 214 - Subsection 214(4) | T4RSP issued to surviving spouse rather than to deceased where transfer of entire refund of premiums to surviving spouse’s RRSP and RRSP is fully distributed | 268 |
| Tax Topics - Income Tax Regulations - Regulation 215 - Subsection 215(4) | T4RIF issued to surviving spouse rather than to deceased where transfer of entire eligible amount to surviving spouse’s RRSP or RRIF, and RRIF is fully distributed | 268 |