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This version of the form is not currently in use and is provided for reference only. Download this version of
Form T1161
for the current year.
Form T1161 List of Properties by an Emigrant of Canada - Canada
Form T1161, also known as the "List of Properties by an Emigrant of Canada," is used by individuals who are emigrating from Canada to report their assets to the Canada Revenue Agency (CRA). This form helps the CRA track any potential tax implications associated with the individual leaving Canada.
The emigrant of Canada files the Form T1161 List of Properties.
FAQ
Q: What is Form T1161?
A: Form T1161 is a document used by emigrants of Canada to list their properties.
Q: Who needs to fill out Form T1161?
A: Emigrants of Canada need to fill out Form T1161.
Q: What is the purpose of Form T1161?
A: The purpose of Form T1161 is to provide information about the properties owned by emigrants of Canada.
Q: When should Form T1161 be filled out?
A: Form T1161 should be filled out when an individual emigrates from Canada.
Q: What information is required on Form T1161?
A: Form T1161 requires information such as the description and value of properties owned by the emigrant.
Q: Are there any penalties for not filling out Form T1161?
A: Yes, there are penalties for not filling out Form T1161. It is important to comply with the requirements to avoid any penalties or consequences.
Q: What should I do if I have questions about Form T1161?
A: If you have questions about Form T1161, you should contact the Canada Revenue Agency or seek assistance from a tax professional.
Q: Is Form T1161 only for US residents?
A: No, Form T1161 is not only for US residents. It is used by individuals who are emigrating from Canada, regardless of their destination country.
