Coronavirus Bonus GST payment | General financial discussion | Discussion forum

Redfish said
https://www.canada.ca/en/revenue-agency/services/child-family-benefits/covid-19-gsthstc-increase.html

You will get the extra payment amount automatically if you normally receive the GST/HST credit and have filed a 2018 tax return. Payments will be issued on April 9, 2020.

This payment amount will be the same as your annual GST credit.  

Thanks, yeah, I was surprised my GST/LICAT payment on April 3, 2020, was only $111.14—it did not include the special annual payment. I hadn't realized they were doing it as a separate EFT run. Meant to post something here, so this is useful.

Cheers,
Doug

Alexandre said
For those who subscribed to CRA MyAccount, they can see amount to be paid as well as date when it'll be paid, in their account.  

The date is the same for all tax filers. While one can use CRA My Account to view anticipated and past credit payments, including the date paid, one can also use the CRA's public website to view the exact date on which direct deposits will be credited to one's account. Some FIs, like Tangerine, will post the credits on a Saturday if normally paid on a Monday, so you may get it sooner, but will never get it later than (other than maybe using Mogo/Revolut/Koho/Stack and other prepaid credit cards) the published date.

Cheers,
Doug

Will this help?

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4111/canada-revenue-agency-what-following-a-death.html

Has her last income tax been done after her death as deceased?

Did you contact CPP and OAS? A death certificate has links to notifying many provincial and federal agencies.

I don’t remember name of document but after last tax is done you ask CRA for it and that will say the deceased estate is paid and no more tax is due.

MG, had you notified CRA of her passing?

Loonie said
Someone who died last September ought not to still have a bank account. The account should have been changed to "The Estate of ..." New account will have a new number, which you would not have linked to CRA or any government agencies, so it would not be possible to deposit GST rebate to it.  

Depends. Practice varies wildly among the major banks (can't speak for the credit unions). Sometimes "estate" accounts are kept in the deceased client's name. Other times, whether an "estate" account or a deceased account, the accounts are either blocked or restrictions imposed that require staff intervention, ostensibly by the bank's processing centre, in order to allow the transaction to proceed. There appear to be no set laws or regulations regarding the standardization of the handling of deceased and "estate" accounts—it really does seem to be an internal policies, unique to each bank, which guide such minutiae.

The good thing is...for those worried about how their own deceased account will be handled need not worry as it will become their executor's(trix)' bugaboo to handle! Trying to proactively suss out each bank's handling procedures is somewhat of a mugg's game in that (a) they may not tell you or (b) when they do, the procedures may have changed when you pass away.

Cheers,
Doug

If account are joint death of one doesn't affect anything, auto deposits and withdrawals continue.

Doug, that's my experience too, different bank do different things, often variable depending on relationship/reputation executor has with the local branch person handling the estate banking.

GICinvestor said

Has her last income tax been done after her death as deceased?

Did you contact CPP and OAS? A death certificate has links to notifying many provincial and federal agencies.

Hi GICInvestor,
Yes, I contacted CPP and OAS back in the month she passed away as well as CRA. CPP and OAS completely stopped. As I mentioned, CRA paid the GST credit the following month in error and sent me a note to repay it (which I did) - so they obviously know she is deceased. They also have a copy of the death certificate and will and show me as executor on MyAccount. I just completed the final tax return and mailed it in last week as it is only due on April 30th.

I will be applying for the clearance certificate once I receive the Notice of Assessment. I am just not looking forward to waiting an hour in the phone queue to clarify this. Thank you for your comments.

MG, don't forget, the actual payment of any taxes owing isn't due until the end of August. If you defer that it won't hold up the NOA but I believe it would hold up the clearance certificate.

I was doing an estate recently and CRA lost or misplaced the original docs I sent them, had to send Death Certificate, etc a 2nd time some months later.

MG, that was exactly my situation recently too with joint accounts, CIBC said just keep using the joint account.