This version of the form is not currently in use and is provided for reference only. Download this version of Form RC243 Schedule B for the current year.
Form RC243 Schedule B is used to report contributions made to a Tax-Free Savings Account (TFSA) in Canada by non-residents.
Q: What is Form RC243 Schedule B?
A: Form RC243 Schedule B is a tax form in Canada used to report non-resident contributions to a Tax-Free Savings Account (TFSA).
Q: Who should use Form RC243 Schedule B?
A: Non-residents of Canada who have contributed to a TFSA should use Form RC243 Schedule B.
Q: What is a Tax-Free Savings Account (TFSA)?
A: A Tax-Free Savings Account (TFSA) is a Canadian investment account that allows individuals to save and invest money without paying taxes on the income generated.
Q: Why do non-residents need to report contributions to a TFSA?
A: Non-residents need to report contributions to a TFSA to ensure compliance with Canadian tax regulations.