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V I R T U A L B R O K E R S (A Division of BBS Securities Inc.) Page 1 of 24100 Yong Street, Suite 415, Toronto, ON M2P 2B5 CANADA Tel: 416.288.8028 Fax: 416.288.8611 MANAGED ACCOUNT Authorization:Virtual
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V I R T stands for Virtual Information Return Tool, which is an online platform used to file information returns electronically.
Taxpayers and businesses who need to file information returns are required to use V I R T for electronic filing.
To fill out V I R T, users need to create an account, enter the required information accurately, and submit the electronic information return.
The purpose of V I R T is to streamline the process of filing information returns, reduce paper usage, and ensure quick and accurate submission of data to the tax authorities.
Information such as income, deductions, and credits must be reported on V I R T in accordance with the tax laws and regulations.
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