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How to fill out a T5 online?

Follow these steps to complete your T5 form online.

Step 01

Ensure you have received all T5 slips from payers.

Step 02

Review the T5 slip for accuracy.

Step 03

Report the income on your tax return.

Step 04

Retain the T5 slip for your records.

Canada Revenue Agency - Form T5

What is a T5 used for?

Form T5 is used by Canadian residents to report investment income such as interest and dividends from non-registered accounts to the Canada Revenue Agency (CRA). It is issued by financial institutions and other entities to individuals who have earned investment income. Receiving a T5 slip is required if your investment income exceeds $50.

Who needs to fill out a T5 form

Entities that pay $50 or more in investment income to Canadian residents.

What is the purpose of Form T5?

Form T5 is used to report various types of investment income to the CRA and the recipient.

Who is required to file a T5 slip?

Entities that pay $50 or more in investment income to an individual or corporation must file a T5 slip.

When is Form T5 due?

The deadline for submitting Form T5 is the last day of February following the calendar year it pertains to.

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