Home Buyers' Plan (HBP) – Cancellation

Protected B when completed

Home Buyers' Plan (HBP) ? Cancellation

Part A ? Selection Complete this form to advise us if either of the following situations occurs (check the box that applies to you):

A qualifying home or replacement property was not bought or built.

I ceased to be a resident of Canada before a qualifying home or replacement property was bought or built.

If you repay your Home Buyers' Plan (HBP) withdrawals to your Registered Retirement Saving Plan (RRSP) by the required date, the amount withdrawn will not have to be included in your income. If you do not repay all of the amounts withdrawn by the required date, the unpaid amounts will have to be included in your income for the year you received the funds. You can make cancellation payments to any of your existing RRSPs, or a new RRSP for yourself. For more information on making cancellation payments and the required dates for repayment(s), go to canada.ca/home-buyers-plan and see "How to cancel participation in the Home Buyers' Plan (HBP)".

If you indicated above that a qualifying home or replacement property was not bought or built and that you were acquiring the home for a related person with a disability or helping a related person with a disability acquire the home, please provide the following information about that person:

First and last name of the person with the disability

Relationship to you

Social insurance number

Part B ? Identification First name and initial(s) Address City

Last name Province or Territory

Social insurance number

Amount of cancellation payment (attach all receipts)

Postal code

Telephone number

Part C ? Certification I certify that the information given on this form is correct and complete.

Participant's signature

Year

Month Day

Send this form and your cancellation payment receipt(s) (if applicable) to one of the following addresses:

Sudbury Tax Centre Pension Workflow Section PO Box 20000, Station A Sudbury ON P3A 5C1

Winnipeg Tax Centre

OR

Pension Workflow Section

PO Box 14000, Station Main

Winnipeg MB R3C 3M2

Personal information is collected under the Income Tax Act to administer tax, benefits, and related programs. It may also be used for any purpose related to the enforcement of the Act such as audit, compliance and collection activities. It may be shared or verified with other federal, provincial, territorial or foreign government institutions to the extent authorized by law. Failure to provide this information may result in interest payable, penalties or other actions. Under the Privacy Act, individuals have the right to access their personal information, request correction, or file a complaint to the Privacy Commissioner of Canada regarding the handling of the individual's personal information. Refer to Personal Information Bank CRA PPU 005 on Info Source at canada.ca/cra-info-source.

RC471 E (18)

(Ce formulaire est disponible en fran?ais.)

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download