Who needs to fill out Part An of Form RC725?

The FHSA holder needs to fill out Part A to determine if they are eligible to make a qualifying withdrawal from their FHSA.

How do you fill out Part B of Form RC725?

To fill out Part B, you need to provide: last name, first name, and initials; social insurance number (SIN); address of the qualifying home; FHSA issuer and contract or account number; amount of requested withdrawal; date withdrawal required; and your signature and telephone number.

What happens after filling out Form RC725?

After filling out Part B, you give the form to your FHSA issuer, who fills out Part C. Keep a copy of the completed form for your records.

Is Form RC725 required to be signed?

Yes, Form RC725 must be signed by the FHSA holder and by the FHSA issuer.

You can cancel anytime from your account settings or by contacting our support team. Your access stays active until the end of the current billing period.

Fill Out Form RC725 Online in 2026

Q: What are the conditions to meet for a qualifying withdrawal?

To make a qualifying withdrawal, you must: be a resident of Canada; remain a resident until you acquire the qualifying home; not have owned or jointly owned a home as your principal place of residence in the past four years (except for the 30 days immediately before the withdrawal); have a written agreement to buy or build a qualifying home; acquire the qualifying home before October 1 of the year after the withdrawal; not have acquired the qualifying home more than 30 days before making the withdrawal; and intend to occupy the qualifying home as your principal place of residence within one year after buying or building it.

Request to withdraw from your First Home Savings Account

Get Form

This site is not affiliated with any government, tax, or other official agency. Form last updated: 07/2026. Please verify you are using the current, correct version for your situation before submitting it.

How it works

1. Open the form

Access the pre-loaded form directly in our PDF editor. No need to upload anything!

2. Fill in your details

Carefully complete all required fields to ensure accuracy and validity.

3. Download as PDF

Save your filled-out form in PDF format, ready for submission or other needs.

What is Form RC725?

Form RC725, Request to Make a Qualifying Withdrawal from your FHSA, is essential for Canadians looking to withdraw funds from their First Home Savings Account (FHSA) without incurring taxes. This form is specifically for first-time home buyers who plan to use the funds to purchase or build a home that will serve as their primary residence. Filling out this form accurately is crucial, as it verifies that the withdrawal meets the required conditions, ensuring it won't be treated as taxable income.

What is Form RC725 used for?

Form RC725 is essential for those looking to access their First Home Savings Account (FHSA) funds. Here's what it's used for:

Eligibility Check: Confirms if you qualify for a withdrawal.
Withdrawal Request: Asks for a tax-free withdrawal to purchase a qualifying home.
Documentation: Supplies necessary details to the FHSA issuer to meet withdrawal conditions.
Record Keeping: Helps maintain a record of the withdrawal for taxes and personal use.

How to fill out Form RC725?

Fill out Part A to determine your eligibility for a qualifying withdrawal.
Answer eligibility questions about residency, home ownership, and written agreements.
Complete Part B with your name, SIN, address of the qualifying home, and withdrawal amount.
Submit the form to your FHSA issuer for them to complete Part C.
Keep a copy of the finished form for your records.

Who is required to fill out Form RC725?

The form RC725 must be completed by the FHSA holder, who is responsible for meeting the necessary conditions for a qualifying withdrawal.

After filling out the form, the FHSA holder submits it to the FHSA issuer, who then completes Part C and retains it for their records.

When is Form RC725 not required?

Form RC725 is not required when the withdrawal from your FHSA does not qualify under the set conditions. This includes cases where the withdrawal is a designated withdrawal due to excess contributions. Remember, non-qualifying withdrawals must be included in your income and reported appropriately.

When is Form RC725 due?

The deadline for Form RC725 is when you intend to make a tax-free withdrawal from your First Home Savings Account (FHSA). You must submit it to your FHSA issuer if you're a first-time home buyer and have a written agreement to buy or build a qualifying home before October 1 of the year following the withdrawal.

How to get a blank Form RC725?

To get a blank Form RC725, simply visit our website. The Canada Revenue Agency (CRA) issues this form, and you’ll find a pre-loaded version ready for you to fill out. Remember, our platform helps with filling and downloading forms, but not filing them.

How to sign Form RC725 online?

To sign Form RC725, Request to Make a Qualifying Withdrawal from your FHSA, you must provide a handwritten or digital signature. After filling out the form using CookPDF, remember to download it for your records. We recommend checking for the latest updates on signing requirements to ensure compliance. CookPDF allows you to fill and download the form, but remember, submission is not supported.