This version of the form is not currently in use and is provided for reference only. Download this version of Form T3SUM for the current year.
Form T3SUM Summary of Trust Income Allocations and Designations - Large Print in Canada is used to report the income allocations and designations for a trust. It provides a summary of the trust's income and how it is allocated to the beneficiaries.
The trust or their authorized representative is responsible for filing Form T3SUM Summary of Trust Income Allocations and Designations in Canada.
Q: What is T3SUM?
A: T3SUM is the Summary of Trust Income Allocations and Designations form in Canada.
Q: Who is required to file T3SUM?
A: Trusts in Canada that have allocated or designated amounts at the trust level are required to file T3SUM.
Q: What is the purpose of T3SUM?
A: The purpose of T3SUM is to provide a summary of the allocations and designations of trust income.
Q: Is T3SUM available in large print?
A: Yes, T3SUM is available in a large print version for individuals with visual impairments.
Q: Is T3SUM specific to Canada?
A: Yes, T3SUM is specific to trust income allocations and designations in Canada.
Q: Are there other forms related to trust income in Canada?
A: Yes, there are other forms such as T3 and T3RET that are used to report trust income in Canada.