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A taxpayer departed Canada on June 0 1 , 2 0 2 4 . Taxpayer has been a resident for the past ten years and
A taxpayer departed Canada on June Taxpayer has been a resident for the past ten years and owns the following assets:
Home in Canada
RRSP in Canada
TFSA in Canada
Cash in Canadian bank accounts
Taxpayer does not have any income for until departure and decides not to file tax return. Which of the following is correct?
Since there is no refund or balance owing, there is no need to file tax return or any related forms
Taxpayer is required to file T and Tdeparture forms even if there is no need to file tax return
Taxpayer is required to file a tax return in the year of departure
Taxpayer needs to file T even if there is no need to file tax return
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