Form RC339 Individual Return for Certain Taxes for Rrsps, Rrifs, Resps or Rdsps - Canada

Form RC339 Individual Return for Certain Taxes for RRSPs, RRIFs, RESPs or RDSPs in Canada is used to report income or deductions related to registered retirement savings plans (RRSPs), registered retirement income funds (RRIFs), registered education savings plans (RESPs), or registered disability savings plans (RDSPs). This form is specifically for individuals who need to report these types of transactions on their Canadian tax return.

The individual taxpayer files the Form RC339 Individual Return for Certain Taxes for RRSPs, RRIFs, RESPs or RDSPs in Canada.

Form RC339 Individual Return for Certain Taxes for Rrsps, Rrifs, Resps or Rdsps - Canada - Frequently Asked Questions (FAQ)

Q: What is Form RC339?
A: Form RC339 is the Individual Return for Certain Taxes for RRSPs, RRIFs, RESPs, or RDSPs in Canada.

Q: Who needs to fill out Form RC339?
A: Individuals who have made contributions to Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Registered Education Savings Plans (RESPs), or Registered Disability Savings Plans (RDSPs) need to fill out Form RC339.

Q: What are the taxes that need to be reported on Form RC339?
A: Form RC339 is used to report taxes such as the RRSP/RRIF excess contributions tax, RRSP/RRIF withholding tax, RESP accumulated income payments tax, and RDSP payments made under certain plans tax.

Q: When is the deadline to file Form RC339?
A: The deadline to file Form RC339 is typically the same as the individual income tax return deadline, which is April 30th of the following year.

Q: Do I need to include supporting documents with Form RC339?
A: You may need to include supporting documents with Form RC339, such as T4RSP or T4RIF slips, to report your RRSP or RRIF income.

Q: Can I e-file Form RC339?
A: Currently, Form RC339 cannot be e-filed and must be mailed to the CRA.

Q: What should I do if I make a mistake on Form RC339?
A: If you make a mistake on Form RC339, you should contact the CRA to request a correction or to file an amended return.

Q: Are there any penalties for late filing of Form RC339?
A: Yes, there may be penalties for late filing of Form RC339, including a late filing penalty and potential interest charges on any amounts owing.