Unmatured RRSP

Information on property from an unmatured RRSP
Description of amount	T4RSP box number	Slip issued in the name of, and to be reported by
Property from an unmatured RRSP
Transfer to the surviving spouse or common‑law partner (named as beneficiary in the RRSP contract or in the will) – If, by the end of the year following the year of death of the annuitant, all of the property the RRSP held is paid to you as the deceased annuitant’s spouse or common‑law partner (as specified in the RRSP contract or in the will) and that property is directly transferred to your RRSP, claim a deduction equal to the amount transferred to your RRSP on line 20800 of your income tax and benefit return. If the amount is directly transferred to your RRIF or directly transferred to an issuer to buy yourself an eligible annuity, claim a deduction equal to the amount transferred on line 23200 of your income tax and benefit return.	box 18	Surviving spouse or common‑law partner
For all other situations – The FMV of the property the RRSP held at the time of death is included in the deceased annuitant’s income for the year of death.	box 34	Deceased annuitant’s final income tax and benefit return
The amount reported on the deceased annuitant’s final income tax and benefit return may be reduced if one of the following conditions applies:
You were the spouse or common‑law partner of the annuitant at the time of death and an amount is paid from the unmatured RRSP to you or to the estate of which you are the beneficiary.	box 18 or box 28	Surviving spouse or common‑law partner or estate
You were, at the time of death, a financially dependent child or grandchild of the annuitant and an amount is paid from the unmatured RRSP to you or to the estate of which you are a beneficiary. For more information, refer to Information Sheet RC4177, Death of an RRSP Annuitant, and Form T2019, Death of an RRSP Annuitant – Refund of Premiums.	box 28	Child, grandchild, or estate
There is a decrease in the FMV of an unmatured RRSP between the date of death and the date of final distribution to the beneficiary or the estate. For more information, refer to Information Sheet RC4177, Death of an RRSP Annuitant, and Form RC249, Post‑Death Decline in the Value of a RRIF, an Unmatured RRSP and Post-Death Increase or Decline in the Value of a PRPP.	n/a	Deceased annuitant’s final income tax and benefit return
Income earned in the RRSP after the annuitant dies that the beneficiary receives.	box 28	Beneficiary
Income earned in the RRSP after the annuitant dies that the estate receives.	box 28	Estate

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Date modified:: 2025-01-02