Does one need to owe money to file a VDP for an unfiled T1135?

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
Mswalleye2
Posts: 44
Joined: Fri Oct 12, 2018 2:37 pm

Does one need to owe money to file a VDP for an unfiled T1135?

Post by Mswalleye2 »

The VDP has 5 conditions that must be met ... the 5th being Payment.

I did report the income so ... does this mean I do not meet this condition and therefore
can't file a VDP for a T1135 for 2016?

tks
Post Reply