Have Tax Questions? Ask a Tax Expert for Answers ASAP
I have already responded to you on my original thread. I repeat it here:
Well, suppose the estate had a residence bought years ago, then any gain made on sale would be brought into the final tax assessment as income. That is how Canadian Tax works.
I understand your situation, but families have been known to fall out. Being an accountant makes one cautious and see possible skeletons in the cupboard everywhere!
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