What are your responsibilities as a representative?
- File all required return for the deceased (There can be numerous returns to file)
- Pay all taxes owing
- Let beneficiaries know which of the amounts they receive from the estate are taxable.
Returns to file can include:
- Final return in year of death
- Any prior year returns not filed
- Trust return for income estate earned after death
Important: As a legal representative you could be liable for any amount the deceased owes if property under your control is distributed before taxes are paid. As a legal representative you could be liable for any amount the deceased owes if property under your control is distributed before taxes are paid.
Get professional help to prepare and save taxes.
Phone or e-mail Now!
Gary Booth CA Professional Corp.
607-555 Burnhamthorpe Rd. | Toronto, On | M9C 2Y3
Tel: 416-626-2727 | Fax: 416-621-7136
E-mail: deceasedreturns@garybooth.com
http://www.deceased-tax-returns-canada.com/Legal_Responsibilities_GBCA_Charte...
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