T1135 Foreign Property Calculator
Check the Foreign Income Verification Statement threshold using cost amount in Canadian dollars.
Use cost amount in Canadian dollars.
Tracked separately as excluded property.
Tracked separately as excluded property.
Specified foreign property
$110,000Filing result
T1135 requiredReporting method
Part AExcluded from T1135 (registered/personal-use)
$0File with your income tax return
What this estimate includes
The calculator totals property categories that can be specified foreign property and displays excluded property separately. It does not determine residency, active-business exclusions or the classification of a complex investment.
The filing deadline is generally the same as the deadline for the related income tax return.
Questions this calculator answers
Is Form T1135 required at exactly $100,000?
No. The filing threshold is more than $100,000 in total cost amount of specified foreign property at any time in the year.
Should I enter market value or cost amount?
Use cost amount, generally adjusted cost base, converted to Canadian dollars under the CRA rules—not current market value.
Are RRSP and TFSA foreign investments included?
Specified foreign property held inside an RRSP or TFSA is excluded from Form T1135 reporting.
When does detailed reporting apply?
The simplified Part A method may apply when the total is more than $100,000 but remains below $250,000 throughout the year. At $250,000 or more, use Part B.
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