After you file your T4FHSA annual information return

Find out what happens after you file your T4FHSA annual information return.

Understanding report type codes

The three possible report type codes are as follows:

• O = Original
• A = Amended
• C = Cancelled

Amending individual records

How to amend individual records

After filing your T4FHSA annual information return, you may notice an error on a T4FHSA individual record. If so, you will have to prepare an amended individual record to correct the information.

If an original or amended record has already been submitted to the Canada Revenue Agency (CRA) and information on that record needs to be amended, an amended version of that individual record must be sent to the CRA. An individual record that is rejected remains in the CRA's database and a corrected individual record is required.

When submitting an amended individual record, all of the original data on the previous individual record that remains unchanged as well as the modified data must be submitted. If a transaction was reported in error and the transaction never took place, it can be omitted from the amended record. Use slip report type code "A" and summary report type code "A". An amended return can contain amended or cancelled records, but it cannot contain original records.

For more information on how to file amended records electronically, go to Filing information returns electronically (tax slips and summaries) – Make corrections after filing.

When to amend individual records

Amended records should be prepared to correct the following:

• Reporting errors such as misreporting a transaction value or transaction type
• Incorrect identification information such as given name, family name, date of birth, or date of death
• Election established under the incorrect social insurance number (SIN) or temporary tax number (TTN), which needs to be established under the correct SIN or TTN
• Election established under the incorrect tax year, which needs to be established under the correct tax year:
  • if changing the election year to a prior year, an amended record will need to be filed to change the “new FHSA account indicator” to a “N” for the tax year that it was incorrectly reported as a “Y”. An original record will need to be filed for the year of the election with the “new FHSA account indicator” as a “Y”
  • if changing the election year to a future year, a cancelled record will need to be filed for the tax year in which the election was incorrectly reported. An amended record will need to be filed for the election year to change the “new FHSA account indicator” from a “N” to a “Y”
• Original records where the recipient’s date of death was not provided because the issuer was not notified about the death until after the issuer had submitted the original record 

Incorrect amount reported on the individual record

Incorrect transaction type reported  

Change in account ownership 

Change in election year 

Cancelling individual records

How to cancel individual records

After filing your T4FHSA annual information return, you may need to completely remove an individual record. If so, you will have to submit a cancelled individual record for that contract number to remove the information for that tax year. When submitting a cancelled individual record, all the data on the previous individual record (original or amended) must be included. Use slip report type code “C” and summary report type code “A”.  

Do not use slip report type code “C” when:

• an amended record can correct the mistake in the previous record
• you want to cancel previously submitted and valid records in order to refile them with other records that were not previously submitted (the records that were not previously submitted should be sent in a separate file as an original. For more information, go to Adding individual records)

Use an amended record for any other data element you want to modify.

When to cancel individual records

A cancelled record applies to a particular reporting year. When a cancelled record is received for a particular year, the CRA will eliminate the entire record.

Use slip report type code “C” for the following scenarios:

• You need to correct an FHSA contract number or FHSA identification number previously submitted in error
• A record was filed that the CRA cannot accept as valid. A cancelled record should be filed to acknowledge that this contract is not an FHSA
• Upon contacting the FHSA Processing Unit, it was determined that a cancelled record is required

Incorrect FHSA contract number reported

Adding individual records

How to file additional individual records

After you file your T4FHSA annual information return, you may discover that you need to send the CRA additional T4FHSA records. If you have original records that were not filed with your information return, file them in a separate original return. Do not combine the new records with previously submitted ones.

To file additional individual records electronically, go to Filing information returns electronically (tax slips and summaries).