Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
Principal Issues:refund of undeducted rrsp contributions after death of contributor.
Position TAKEN:refer to assessing per prior instructions
Reasons FOR POSITION:routine instructions
August 30, 1994
Head Office Head Office
Enquiries and Taxpayer Rulings Directorate
Assistance Division (613) 957-8953
Attention: Norm O'Donnell
T1 Returns & Guides
941949
XXXXXXXXXX
We are forwarding for your consideration a referral from the Halifax District Office relating to the deduction available under subsection 146(8.2) of the Income Tax Act (the "Act") where a taxpayer wishes to withdraw excess contributions from an RRSP. The facsimile submitted is enclosed.
Based on the facsimile and a subsequent telephone conversation on August 29, 1994 with Marilyn Carr of the District Office, the contribution is not deductible under 146(5.1) of the Act because the contributor will not likely have any further earned income.
Would you please reply directly to the District Office.
for Director
Financial Industries Division
Rulings Directorate
Policy and Legislation Branch
c.c.: Marilyn Carr
Client Assistance
Halifax District Office
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© Her Majesty the Queen in Right of Canada, 1994
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© Sa Majesté la Reine du Chef du Canada, 1994
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