Tax Return Question for Foreign Inheritance
Apr 2nd 2018 | 9:44 am
#1
Thread Starter
Forum Regular
Joined: Aug 2012
Posts: 241
From: Vancouver, BC
Tax Return Question for Foreign Inheritance
Hello,
In November last year I received a inheritance from my grandfather in New Zealand. A sum money. I paid inheritance tax on this money in New Zealand before it was wired to me from NZ to Canada.
Im of the understanding I won't be taxed on the money here in Canada. However I believe I'm supposed to list the amount of monies I received on my tax return.
Does anyone know where I do this on my tax return?
As Im unable to find where exactly I listed this inheritance sum.
Any help would be much appreciated.
Thanks.
In November last year I received a inheritance from my grandfather in New Zealand. A sum money. I paid inheritance tax on this money in New Zealand before it was wired to me from NZ to Canada.
Im of the understanding I won't be taxed on the money here in Canada. However I believe I'm supposed to list the amount of monies I received on my tax return.
Does anyone know where I do this on my tax return?
As Im unable to find where exactly I listed this inheritance sum.
Any help would be much appreciated.
Thanks.
