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

Form RC339 is used in Canada to report income and claim deductions related to Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Registered Education Savings Plans (RESPs) or Registered Disability Savings Plans (RDSPs). It is specifically designed for individuals to report contributions, withdrawals, and other related information for these types of savings plans.

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

FAQ

Q: What is Form RC339?
A: Form RC339 is used to report certain taxes related to RRSPs, RRIFs, RESPs or RDSPs in Canada.

Q: Who needs to file Form RC339?
A: Individuals who have made certain transactions with registered accounts like RRSPs, RRIFs, RESPs or RDSPs need to file Form RC339.

Q: When is Form RC339 due?
A: Form RC339 is due on or before the filing deadline for your personal income tax return.

Q: What taxes does Form RC339 cover?
A: Form RC339 covers taxes related to excess contributions, prohibited investments, and non-qualified investments in registered accounts.

Q: Are there any penalties for not filing Form RC339?
A: Yes, failing to file Form RC339 or providing incorrect information can result in penalties and interest charges.

Q: Can I e-file Form RC339?
A: No, Form RC339 is not currently available for electronic filing. You must mail it to the CRA.