📄 DC905 – Bankruptcy Identification Form (Canada Revenue Agency)

The DC905 – Bankruptcy Identification Form is an official document published by the Canada Revenue Agency (CRA) used to identify an individual or business bankruptcy or insolvency with the Agency. This form helps CRA match insolvency details to the correct tax accounts and is often required before filing certain related tax returns.

📌 What is Form DC905 Used For?

Form DC905 is used primarily in insolvency situations where CRA needs an official notice of bankruptcy or a proposal under the Bankruptcy and Insolvency Act. Your licensed insolvency trustee typically completes and submits it to CRA to:

  • identify a bankruptcy event with CRA’s systems,
  • associate insolvency details with relevant tax, benefits and credit accounts, and
  • ensure proper handling of refunds or balances during the insolvency process.

📥 How to Get and Use the Form

You can obtain the PDF version of DC905 in two ways:

  • 🔸 Accessible fillable PDF — download and complete electronically using Adobe Acrobat Reader 10 or later.
  • 🔸 Standard print PDF — download and print to fill by hand.

Save the PDF to your computer before opening it — don’t open it directly in a browser, as fillable fields may not work correctly.

📑 What Information You Will Provide

Although the exact fields can vary by year, the form commonly asks for:

  • 📌 Name and identification of the person/entity in bankruptcy;
  • 📌 Trustee details (name and contact info of the licensed insolvency trustee);
  • 📌 Estate number or insolvency file number;
  • 📌 A check box to indicate whether the filing is a bankruptcy or a proposal (e.g., consumer proposal).

Trustees often complete this form as part of the insolvency process and may include it with other notices sent to CRA.

📤 Submitting the Form

Once completed, DC905 is submitted to the CRA’s insolvency team. Historically, trustees mailed or faxed the original form to a designated insolvency processing centre to ensure timely matching of the bankruptcy to tax accounts.

📌 Related Considerations

  • 📎 CRA still requires regular tax filings even in insolvency; form DC905 simply identifies the bankruptcy to CRA before related returns are filed.
  • 📍 Including DC905 with insolvency notices speeds up CRA’s matching and processing of the bankruptcy accounts.
  • 📑 Your licensed insolvency trustee should know how to prepare and send the form correctly.

📎 Links to Related Resources