Form T244 Registered Pension Plan Annual Information Return - Canada

Form T244 Registered Pension Plan Annual Information Return in Canada is used by registered pension plans to report their financial information and ensure compliance with tax laws. It is used to provide the Canada Revenue Agency with details about contributions, assets, and activities of the pension plan for the given year.

The administrator or trustee of the registered pension plan files the Form T244 Registered Pension Plan Annual Information Return in Canada.

FAQ

Q: What is Form T244?
A: Form T244 is the Registered Pension Plan Annual Information Return in Canada.

Q: What is a Registered Pension Plan?
A: A Registered Pension Plan is a retirement savings plan sponsored by an employer that provides retirement income to employees.

Q: Who needs to file Form T244?
A: Employers that have a Registered Pension Plan in Canada need to file Form T244.

Q: What information is required on Form T244?
A: Form T244 requires information about the plan, its members, contributions, and benefits.

Q: When is Form T244 due?
A: Form T244 is generally due within 180 days after the end of the plan's fiscal year.

Q: Is Form T244 available in both English and French?
A: Yes, Form T244 is available in both English and French.

Q: What are the consequences of not filing Form T244?
A: Failure to file Form T244 can result in penalties and interest charges from the Canada Revenue Agency.

Q: Can I file Form T244 electronically?
A: Yes, you can file Form T244 electronically through the CRA's Internet File Transfer (IFT) or the My Business Account (MyBA) service.

Q: Can I get an extension to file Form T244?
A: In some cases, you may be able to request an extension to file Form T244 by contacting the CRA.