Changes to form T1135 Foreign Income Verification Statement

Program(s) affected: T1 & T2 & T3 Document created: 09 18, 2013 Tax year(s): 2013 Document last modified: Version(s): 16.25, 16.30 Problem status: Fixed in v17.01 (T1, T2) and v17.05 (T3)

How are the changes to form T1135 Foreign Income Verification Statement impacting my clients?

The Revised Form T1135 applies to 2013 and subsequent taxation years. The new Form was released on June 25, 2013 and applies to taxation years ending after June 30, 2013. Form T1135 must be filed with the CRA on or before the filing due date of the related tax return in the case of a T1, T2 or T3 return, or the filing due date of the T5013 Partnership Information Return in the case of a partnership. The old Form T1135 will still be accepted for taxation years that ended prior to July 1, 2013.

Form T1135 is available on the CRA web site in a fillable/savable PDF version. You can find the Form at the following link: T1135 Foreign Income Verification Statement

Taxpayers who have filed old Form T1135 for a taxation year ending prior to July 1, 2013 will not be required to re-file using the new version.

Currently, this Form cannot be electronically filed. It must be paper-filed with the CRA, either attached to the paper-filed tax return or partnership information return, or separately and sent to the Ottawa Technology Centre by the filing due date of the applicable income tax return or partnership information return. Detailed instructions are provided on the back of the Form.

Note that the Revised Form T1135 will be available in the next version of the program.