How to do a Trust Tax Return
This webinar will explain how to do a trust tax return (a T3) and the accompanying schedules and T3 slips
Thank you for your interest in my webinar
What you'll get:
- Access to the video(s) for 6 months
- 2.75 hours of verifiable professional development
- A certificate of completion
- Slides available for download (in Adobe, if you want them)
- Closed captioning (you can turn on or off)
This webinar will explain how to complete a trust tax return (a T3) and includes:
- What is a trust, a beneficiary, settlor, trustee, graduated rate estate (GRE), qualified disability trust and bare trusts
- how you wind-up a trust and the T1135 foreign reporting form
- Due dates, late filing penalties, the trust account number and types of trusts
- How you complete the T3 jacket and the schedules, and how you input various types of income and credits
- Allocating income and capital (i.e., assets) to the beneficiaries of the trust
- How to fill out Schedule 15, T3 slips and the T3 Summary, and
- What happens after you file a return, instalments and correcting errors using a T3-Adj
