Is an individual required to file a tax return in the year of their death?

Allan Madan, CA

Nov 12, 2013

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Yes, an individual must report any income they earned from January 1st until the deceased date. This return is known as the “final return”. If any income is earned after the date of death, T3 Trust Income Tax and Information Return must be filed. The deadline for the final return is 30th April of the subsequent year if the individual passed away between January 1st and October 31st. If the death took place between November 1st and December 31st, then the final return will be due six months following the date of passing away.

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ABOUT THE AUTHOR

ALLAN MADAN

CA.CPA.CGA

Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.