Mr.Finlay, a retired individual whose only source of income was pension receipts, dies on August 15, 2011.By what date must Mr.Finlay's final tax return be filed?
A)April 30, 2012.
B)February 28, 2012.
C)February 15, 2012.
D)December 31, 2011.
E) None of the above.

Question

Quizplus · Accepted Answer

According to the Canadian Revenue Agency, if an individual dies, their final tax return must be filed no later than April 30 of the year following their death, unless the death occurred between November 1 and December 31, in which case the due date is six months after the date of death. In this case, Mr. Finlay's death occurred on August 15, 2011, so the final tax return would be due on April 30, 2012.

MrFinlay, a Retired Individual Whose Only Source of Income Was