Canadian Form RC725

2025 Printable Template

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Form last updated: 03/2024. Please verify this is the current version before use.

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What is a RC725 used for?

Form RC725 is used by Canadians to request a withdrawal from their First Home Savings Account (FHSA) for the purpose of purchasing or constructing a primary residence. The form ensures that the withdrawal meets the conditions for tax-free status under the FHSA program.

Who needs to fill out a RC725 form

The FHSA holder who intends to use the funds for purchasing or constructing a primary residence must complete this form.

How to fill out a RC725 online?

Follow these steps to complete your RC725 form online.

Step 1
Step 1
Begin by filling out Part A to assess eligibility for a qualifying withdrawal.
Step 2
Step 2
Answer the eligibility questions regarding residency and home ownership.
Step 3
Step 3
Complete Part B with personal information and details of the withdrawal.
Step 4
Step 4
Submit the form to your FHSA issuer for completion of Part C.
Step 5
Step 5
Retain a copy of the finalized form for your records.

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Frequently Asked Questions

Find quick answers to common questions about our PDF editor.

It is used to request a withdrawal from the FHSA for purchasing or constructing a qualifying home.

It is not required for withdrawals that do not meet the qualifying conditions.

You can provide a handwritten or digital signature after filling out the form.

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