Income from foreign dividendsTo enter the amount of income from foreign dividends, please follow the steps below:
1. On the "Left side menu on the Interview tab" select "Interview setup".
2. On the page that appears on the right, go to the "Investment income and expenses" group, check the box "Foreign income and foreign property (T1135)" and click on "Next" at the bottom of the page.
3- Return to the "Left side menu on the Interview tab" and select "Foreign income and property".
4- On the right-hand side, select "Income from foreign dividends".
5- On the page titled, "Foreign Income - Dividends", enter the relevant information.
The amount will be reported by the program on line 12100 of the federal return and for Quebec residents on line 130 of the Quebec return.
The program will generate form T2209 - to calculate federal credits for foreign taxes, and for residents of Quebec, form TP-772 Foreign Tax Credit, if applicable.
These forms will show you where foreign tax credits will be entered if applicable.
For more information, please visit the following CRA link:
https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t2209.htmlFor Revenu Quebec:
https://www.revenuquebec.ca/en/online-services/forms-and-publications/current-details/tp-772-v/
For more information on Schedule E:ID: 20190916125247DEXX.xml
Webpage: KPA360-20190916125247DE.htm