Tax Tips + FAQ | Deceased-Tax-Returns-Canada.com (Toronto Se

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deceased-tax-returns-canada.com Q: Can I deduct funeral expenses, probate fees, or fees to administer the estate? A : No. These are personal expenses and cannot be deducted. Q: Who reports a death benefit? A: That depends on who received the death benefit. A death benefit is income of either the estate or the beneficiary that receives it. Q: Who reports amounts an employer pays for vacation and unused sick leave? A: Vacation pay is income of the deceased person and can be reported on a return for rights or things. Payment for unused sick leave is considered a death benefit and is income of the estate or beneficiary that receives it. Q: If the deceased person was paying tax by installments, do I have to continue making those installment payments? A: No. The only installments required are those that were due before the date of death but not paid.