Line 425 - Federal dividend tax credit

Line 425 - Federal dividend tax credit

Line 425 - Federal dividend tax credit

If you reported dividends on line 120 of your return, claim on line 425 of your Schedule 1 the total of the dividend tax credits from taxable Canadian corporations shown on your information slips.

If you did not receive an information slip

Calculate the federal dividend tax credit as follows:

Amount of dividends (eligible)

Amount of dividends (other than eligible)

Multiply the taxable amount of eligible dividends you reported on line 120 of your return by 15.0198%.

Multiply the taxable amount you reported on line 180 of your return by 10.0313%.

Note
Foreign dividends do not qualify for this credit.

Amount of dividends (eligible)	Amount of dividends (other than eligible)
Multiply the taxable amount of eligible dividends you reported on line 120 of your return by 15.0198%.	Multiply the taxable amount you reported on line 180 of your return by 10.0313%.