Form T1213(OAS) Request to Reduce Old Age Security Recovery Tax at Source - Canada

Form T1213(OAS) is used in Canada to request a reduction in the amount of Old Age Security (OAS) recovery tax that is deducted at source from your OAS pension. By completing this form and submitting it to the Canada Revenue Agency (CRA), you can potentially reduce the amount of tax withheld from your OAS payments, which may help in managing your overall tax obligations.

The Form T1213(OAS) is filed by individuals who receive Old Age Security (OAS) and want to reduce the tax withheld at source.

FAQ

Q: What is Form T1213(OAS)?
A: Form T1213(OAS) is a request form for individuals in Canada who receive Old Age Security (OAS) and want to reduce the amount of tax deducted at source.

Q: Who can use Form T1213(OAS)?
A: This form is specifically for individuals in Canada who receive Old Age Security (OAS).

Q: What is the purpose of Form T1213(OAS)?
A: The purpose of Form T1213(OAS) is to request a reduction in the amount of tax deducted at source from your Old Age Security (OAS) payments.

Q: What information is required on Form T1213(OAS)?
A: You will need to provide your personal information, including your Social Insurance Number (SIN), as well as details about your Old Age Security (OAS) payments and your income and deductions.

Q: How long does it take for Form T1213(OAS) to be processed?
A: Processing times can vary, but it generally takes the CRA several weeks to process a T1213(OAS) request.

Q: Can I request a reduction in tax deducted at source for other types of income?
A: No, Form T1213(OAS) is specifically for requesting a reduction in tax deducted at source for Old Age Security (OAS) payments only.

Q: What happens after my Form T1213(OAS) request is processed?
A: If your request is approved, the CRA will notify both you and Service Canada, who administers the OAS program, of the approved reduction in tax deducted at source.