Your foreign property total: $0
Because your foreign property crossed $100,000 CAD at any point this year, you'll owe a T1135 Foreign Income Verification Statement with your 2026 tax return. We track this automatically and prep the form.
Foreign property max
$0
T1135 due
Apr 30, 2027
Late penalty
$25/day
Foreign balance · 12 months
Foreign balance against the $100k threshold
CAD · end of month
Peak balance
$0
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Crossed $100k
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Not crossed
T1135 required
No
Based on current holdings
CRA looks at the highest balance at any point during the year, not the year-end balance. Add your foreign property below and this chart will track it.
Tracked foreign property
Where your foreign property lives
No foreign property recorded yet. Add a holding below and it will be tracked against the $100,000 reporting threshold.
Filing checklist
What we need to file your T1135
Identify reporting threshold
Not yet crossed. We'll confirm the date if your tracked balances reach $100,000 CAD.
Identify reportable properties
Foreign account balances you add are tracked automatically.
Choose reporting method
Determined once your peak balance is known — simplified applies between $100k and $250k.
Confirm peak monthly values
We'll show you the highest monthly balance for each holding
Generate T1135 form
Auto-populated, ready for review or to send to your accountant
Form preview · simplified method
Your T1135, as it'll be filed
T1135 · Foreign Income Verification Statement
For the year ending December 31, 2026
Part A — Reporting method
Cost amount of specified foreign property < $250,000 (simplified method)
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Reporting periods covered
Jan 1 – Dec 31, 2026
Part B — Category 5: Funds held outside Canada
Country: United States · Currency: USD
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Country: — · Currency: —
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Country: — · Currency: —
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Part B — Category 2: Shares of non-resident corporations
No reportable holdings
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Summary
Maximum aggregate cost amount during the year
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Cost amount at year end (Dec 31, 2026)
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Income from all property reported above
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TOTAL FOREIGN PROPERTY (Line 16)
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I certify that the information given on this form is, to the best of my knowledge, correct and complete and fully discloses my foreign property and income.
Signature
Date
Why we recommend simplified. Since your total is between $100k and $250k, you qualify for the simplified method — just aggregate values per category, no detailed property-by-property listing. The detailed method (required above $250k) takes 3-5× longer to complete.