Form T1090 Death of a Rrif Annuitant - Designated Benefit or Joint Designation on the Death of a Prpp Member - Canada

Form T1090 in Canada is used to report the death of a Registered Retirement Income Fund (RRIF) annuitant who has designated a beneficiary or made a joint designation with a spouse or common-law partner for their PRPP (Pooled Registered Pension Plan) account.

The Form T1090 for the Death of a RRIF Annuitant - Designated Benefit or Joint Designation on the Death of a PRPP Member in Canada is typically filed by the executor or legal representative of the deceased individual.

FAQ

Q: What is Form T1090?
A: Form T1090 is a tax form used in Canada.

Q: What is the purpose of Form T1090?
A: Form T1090 is used to report the death of a RRIF annuitant, a designated beneficiary, or a joint PRPP member.

Q: What does RRIF stand for?
A: RRIF stands for Registered Retirement Income Fund.

Q: What is a designated beneficiary?
A: A designated beneficiary is someone who has been chosen to receive a benefit from a RRIF upon the annuitant's death.

Q: What is a PRPP member?
A: PRPP stands for Pooled Registered Pension Plan, and a PRPP member is someone who participates in such a plan.

Q: What is a joint designation?
A: A joint designation is when two people are designated as beneficiaries of a RRIF or PRPP, and the survivor receives the remaining benefits upon the death of the first beneficiary.