Form T2019 Death of an Rrsp Annuitant - Refund of Premiums - Canada

Form T2019 in Canada is used to report the death of a Registered Retirement Savings Plan (RRSP) annuitant and to claim a refund of premiums. When a holder of an RRSP dies, any remaining balance is typically included in the deceased's income for tax purposes. However, if the RRSP is designated as a refund of premiums, the surviving spouse or common-law partner may be eligible to receive a tax-free transfer of the RRSP funds. Form T2019 is used to request this transfer of funds.

The Form T2019 - Death of an RRSP Annuitant - Refund of Premiums is typically filed by the beneficiary of the RRSP account. If there is no named beneficiary, the form may need to be filed by the deceased annuitant's legal representative or estate.

FAQ

Q: What is Form T2019?
A: Form T2019 is used to report the death of an RRSP annuitant and claim a refund of premiums.

Q: What is an RRSP annuitant?
A: An RRSP annuitant is an individual who receives income from a registered retirement savings plan (RRSP) in the form of an annuity.

Q: What does Form T2019 allow you to do?
A: Form T2019 allows you to report the death of an RRSP annuitant and claim a refund of any premiums paid.

Q: When should Form T2019 be filed?
A: Form T2019 should be filed as soon as possible after the death of an RRSP annuitant.

Q: Who is eligible to claim a refund of premiums?
A: The legal representative of the deceased RRSP annuitant's estate is eligible to claim a refund of premiums.

Q: What information is required to complete Form T2019?
A: To complete Form T2019, you will need the deceased annuitant's personal information, including their Social Insurance Number, as well as details about the annuity payments and the premiums paid.