Estate Tax CalculatorCalculates the estimated amount of tax payable by an estate, based on province or territory.* Required Province *Province or territory, where the person who died was living at the time. AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland & LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Total expected estate value *Your estimated value of all of the assets owned at the time of death. Assets transferring through named beneficiary status *Such as life insurance where a person has been named as the beneficiary of the policy. Assets transferring through joint tenancy ownership *Such as the person's home (if that was the ownership status. So, if the person lived alone, you should probably enter zero.) Final year's income *Estimated income of the person who died since the beginning of the current year. Final RRSP contribution *Value of the RRSP contributions made during the current year by the person who died, or by the executor on their behalf for the year of death. Capital gains on sale of stocks or funds *Estimated increase in value of stocks or mutual funds since gains were last realized. Ask the financial advisor if unsure, or leave blank and add later, if relevant. Total balance of all registered funds not transferring to a qualified spouse or dependent child *Registered funds, for example, may be RRSPs, RRIFs, LIRAs, LIFs, etc Property other than principal residenceSuch as a cottage or rental properties. The principal residence is an owned property where the person normally lived. 1 Fair market value *The price you would reasonably expect to achieve if you were selling it to a stranger (someone unconnected to you and acting in their own best interest). Purchase price *The amount originally paid for the property. Investment in property appreciation *Any amounts known to have been paid for enhancements to the property. For clarity, this does not include maintenance costs. 1 Fair market value *The price you would reasonably expect to achieve if you were selling it to a stranger (someone unconnected to you and acting in their own best interest). Purchase price *The amount originally paid for the property. Investment in property appreciation *Any amounts known to have been paid for enhancements to the property. For clarity, this does not include maintenance costs. Add Property Validate Email Results
