How can I elect to pay a dividend from the capital dividend account with DT Max, pursuant to subs. 83(2) of the Act?Use the keyword DividendPaid and the option Div. paid out of the CDA (ITA 83(2). DT Max will then generate form T2054 (CO-502 for Quebec residents).You may also use the keyword CDA-Balance to enter the cumulative data used in the calculation of the balance of the capital dividend account. DT Max will produce a schedule showing the historical information for the capital dividend account. October 26, 1999 |
