T1161 penalty and VDP

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nelsona
Posts: 18363
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

... but remember to list the deemed dispositions on the schedule 3 you generate in ufile.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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danny
Posts: 91
Joined: Fri Dec 10, 2004 10:55 am

T1161

Post by danny »

Hi

I left Canada 7 years ago actually and I am not sure if my accountant filed the T1161. Of course I will ask but will this penalty be imposed on me when I return ? I did not have gains in excess of $50k.
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nelsona
Posts: 18363
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

That is past. CRA would have sent you a notice.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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