I just got a trust number in Nov 2023 do I need to do a schedule 15 when I file this year
Yes. For trust returns of 2023 and subsequent years, schedule 15 is required, with certain exceptions. Most of us deal with family trusts, which are not exempt. If you are dealing with a bare trust, it has no reporting requirements at all. No T3. Getting the info for schedule 15 for thr first time easily doubles the fee for a T3. For subsequent years, you have to ensure that there have been no changes. Just another pain in the ass.
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It depends on the type of Trust.
For instance, a Graduated Rate Estate has no requirement to complete a Schedule 15, even though it files a T3 Trust Tax Return.