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Canada Revenue Agency |
Agence du revenu du Canada |
Protected B when completed | |||||||||||||||||||
| Designation of a Property as a Principal Residence | Tax year | |||||||||||||||||||||
| by the Legal Representative of a Deceased Individual | 2022 | |||||||||||||||||||||
| Use this form to designate a property as a principal residence. You must also complete the "Principal residence designation" section of Schedule 3 of the deceased person for the year if one of the following applies to the deceased person: |
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| • | the person disposed of, or was considered to have disposed of, their principal residence, or any part of it | |||||||||||||||||||||
| • | the person granted someone an option to buy their principal residence, or any part of it | |||||||||||||||||||||
| Note | ||||||||||||||||||||||
| If the deceased person was not a resident of Canada for the entire time they owned the designated property, call 1-800-959-8281. The period of non-residence may reduce or eliminate the availability of the principal residence exemption. |
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| For more information about designating a principal residence and what qualifies as a principal residence, see Income Tax Folio S1-F3-C2, Principal Residence, or the "Principal residence" chapter in Guide T4037, Capital Gains. |
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| You can only designate one property as the deceased's principal residence for any specific year. However, where the principal residence is sold and another one bought (or where the deceased moved to another of their properties) in the same year, the "plus one" rule in calculating the principal residence exemption amount will allow you to claim the principal residence exemption for both properties for that year even though you can only designate one property as the deceased's principal residence. For dispositions that occurred after October 2, 2016, if you were a non-resident throughout the taxation year in which the property was purchased or acquired, the "plus 1" rule does not apply. |
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| If you ticked box 1 at line 17900 of Schedule 3, you only need to complete the first page of this form. You do not need to report any gain amount on Schedule 3 for this property. |
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| If you are filing your return electronically, keep this form in case we ask to see it later. If you are filing a paper return, you must complete, sign, and attach this form to your return. |
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Description of property |
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| Provide the information requested below for the property disposed of in the tax year. Complete a separate form for each disposition. | ||||||||||||||||||||||
| Address | Year of acquisition | Proceeds of disposition | ||||||||||||||||||||
| Street number, street name, and unit number if applicable | ||||||||||||||||||||||
| Prov./Terr | Postal code | City | Country | |||||||||||||||||||
| 9955 | 9954 | |||||||||||||||||||||
| Designation | ||||||||||||||||||||||
| I, | , the legal representative for the Estate of the Late, | |||||||||||||||||||||
| (print your name) | (Deceased's name) | |||||||||||||||||||||
| hereby designate the property described above to have been the principal residence of the deceased person for the following tax years ending after the acquisition date: |
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| After 1981 | 1 | |||||||||||||||||||||
| After 1971 and before 1982 | + | 2 | ||||||||||||||||||||
| Total number of years designated (line 1 plus line 2) | 9956 | = | 3 | |||||||||||||||||||
| For those years after 1981, I also confirm that neither the deceased person, nor their spouse or common-law partner (who was not separated and living apart from the deceased person throughout the year under a judicial separation or written separation agreement), nor any of the deceased person's children (who were under 18 and unmarried or not in a common-law partnership throughout the year) designated any other property as a principal residence. For any tax year after 1981 for which the deceased person designated the property and throughout which they were under 18 and unmarried or not in a common-law partnership, I also confirm that neither the deceased person's mother, father, nor any of their brothers and sisters (who were under 18 and unmarried or not in a common-law partnership throughout the year) designated any other property as a principal residence. |
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| For those years before 1982, I confirm that the deceased person has not designated any other property as their principal residence. | ||||||||||||||||||||||
| Note | ||||||||||||||||||||||
| If the property was designated as a principal residence for the purpose of filing Form T664 or T664(Seniors), the legal representative has to include those previously designated tax years as part of the deceased person's principal residence designation. |
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| Legal Representative's Signature | Deceased's social insurance number | Date(YYYYMMDD) | ||||||||||||||||||||
| T1255 E (22) | 版权所有 © 2014 AdvTax | Page 1 of 4 | ||||||||||||||||||||