This version of the form is not currently in use and is provided for reference only. Download this version of Form T1178 for the current year.
The Form T1178 General Index of Financial Information - Short in Canada is filed by corporations.
Q: What is Form T1178?
A: Form T1178 is the General Index of Financial Information - Short.
Q: Who needs to file Form T1178?
A: Canadian taxpayers who earn income from foreign sources must file Form T1178.
Q: What information is required on Form T1178?
A: Form T1178 requires information about the taxpayer's foreign income, assets, and liabilities.
Q: When should Form T1178 be filed?
A: Form T1178 should be filed along with the taxpayer's annual income tax return.
Q: Is Form T1178 mandatory for all Canadian taxpayers?
A: No, Form T1178 is only required for taxpayers who earn income from foreign sources.
Q: Are there any penalties for not filing Form T1178?
A: Yes, failing to file Form T1178 when required can result in penalties and interest charges.
Q: What should I do if I need help filling out Form T1178?
A: If you need assistance with Form T1178, you can contact the Canada Revenue Agency's helpline or consult a tax professional.
Q: Is Form T1178 only for Canadian residents?
A: No, both Canadian residents and non-residents who earn income from foreign sources may need to file Form T1178.