Form T1136 Old Age Security Return of Income - Canada

The Form T1136 Old Age Security Return of Income is used by the Canadian government to calculate and determine the eligibility for Old Age Security benefits. It is used to report income and determine the amount of Old Age Security pension payments an individual may receive.

The Form T1136 Old Age Security Return of Income is filed by individuals who receive Old Age Security (OAS) benefits in Canada.

FAQ

Q: What is Form T1136?
A: Form T1136, also known as the Old Age Security Return of Income, is a tax form used by residents of Canada to report their income received from the Old Age Security program.

Q: Who needs to file Form T1136?
A: Residents of Canada who receive income from the Old Age Security program need to file Form T1136.

Q: What is the Old Age Security program?
A: The Old Age Security program is a government program in Canada that provides income support to seniors aged 65 and older.

Q: What should be reported on Form T1136?
A: Form T1136 should be used to report the total amount of income received from the Old Age Security program during the tax year.

Q: Is Form T1136 mandatory?
A: Yes, if you received income from the Old Age Security program, it is mandatory to file Form T1136.

Q: When is the deadline to file Form T1136?
A: Form T1136 is due on or before April 30th of the following year.

Q: Do I need to attach any documents with Form T1136?
A: No, you do not need to attach any documents with Form T1136.

Q: What happens if I don't file Form T1136?
A: If you fail to file Form T1136, you may be subject to penalties and interest charges imposed by the Canada Revenue Agency.