I am the executer of my mother's estate. The beneficiaries are the 14 grandchildren. It is a very small estate and each grandchild is only getting about $800.00 or $900.00 each. My daughter wants to know if she has to claim the inheritance on her tax return. My mother did not own any property. She only had a GIC of about $10,00.00 that had my brother as joint right of survivorship and he cashed it in and deposited into her Estate account after her death. Her personal bank account funds were also deposited into this account. It was used first to pay for her funeral expenses and the balance to the grandchildren. As my father had already paid for the stone and the plot, it was just the casket and the service mainly to be paid for. I am just waiting for the Clearance Certificate in order to finalize the estate. ------------------------------------------ david ingram replies: the inheritance is NOT taxable on their return. However, if there are earnings (even $100 to $300) on the GIC from the date of death to distribution, you need to file a T-3 return for the estate. ============ David Ingram's US / Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists My Home office is at: 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Cell (604) 657-8451 - (604) 980-0321 Fax (604) 980-0325 Calls welcomed from 10 AM to 10 PM 7 days a week Vancouver (LA) time - (please do not fax or phone outside of those hours as this is a home office) email to taxman at centa.com www.centa.com www.david-ingram.com Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. 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