Lines 18 to 32 - Calculating the gross-up amount of dividends retained or not designated by the trust
Use this section to calculate the gross-up amount of actual dividends from taxable Canadian corporations included on lines 1 and 2 that the trust retained.
The gross-up rate for eligible dividends received in the year is 38% of the dividends received. This calculation is done on lines 18 to 24.
The gross-up rate for dividends other than eligible dividends received in 2022 is 15%. This calculation is done on lines 25 to 31.
The gross-up does not apply to taxable Canadian dividends received by the trust if they are allocated to a non-resident beneficiary.
If you have allocated dividends by including them in the amount on line 926 of Schedule 9, the dividends are not designated. Do not include them on line 19 or line 26.
Claim the carrying charges that relate to dividends on line 16 of Schedule 8.
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