What Canadians need to know about investment income
The Canadian Money Podcast by The Canadian Money Podcast
Episode notes
Confused about T5 slips? You’re not alone! In this episode, we break down everything you need to know about reporting investment income for 2024. From interest and dividends to the new rules for capital gains dividends, we make sense of what needs to go on a T5 slip. We’ll also cover how to file (including tips for online filing), what happens if you’re late, and how to handle payments to non-residents or unclaimed amounts. Whether you’re earning interest on savings or managing investments, this episode makes T5 reporting easy to understand. Don’t let tax season stress you out—tune in for practical tips to stay on top of your investment income!
Keywords
investingtax
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