Q: What is Form T1-OVP-ALDA?
A: Form T1-OVP-ALDA is an individual tax return form in Canada.
Q: What is the purpose of Form T1-OVP-ALDA?
A: The purpose of Form T1-OVP-ALDA is to report excess transfers made to purchase an Alda.
Q: Who needs to file Form T1-OVP-ALDA?
A: Individuals who have made excess transfers to purchase an Alda need to file Form T1-OVP-ALDA.
Q: What are excess transfers?
A: Excess transfers refer to any amount that exceeds the limitation on eligible transfers for purchasing an Alda.
Q: What is an Alda?
A: Alda is a specific type of vehicle, and this form is specifically for excess transfers made to purchase an Alda.