How much would be reported in helene income

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Question - Helene died on November 30, 2021. On that date, she owned marketable securities with a fair market value of $100,000 and an adjusted cost base of $40,000. She also owned an unmatured registered retirement savings plan (RRSP) of $250,000. During 2021 she had received interest income of $8,000 on a matured term deposit. The matured funds were in her bank account at the time of her death, not earning any interest. She received total salary of $95,000 for 2021 up to and including the amount paid into her bank account on November 30, 2021 for her November wages. By the terms of her will the marketable securities were given to her 19-year-old son and the RRSP to her spouse.

Required - How much would be reported in Helene's income for 2021? What is the filing deadline and balance due date for Helene's 2021 income tax return?

Reference no: EM133160926

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