A T5 stands for Statement of Investment Income. Usually this document is issued by a bank or a corporation to report interest income or dividends paid in a calendar year. This documents contains the information, including issuer’s and recipients name and address and recipients social insurance number or business number. A T5 contains boxes where the issuer has to fill up the information as indicated below.
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Year
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Box 10 – Actual amount of dividends other than eligible dividends
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Box 11 – Taxable amount of dividends other than eligible dividends
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Box 12 – Dividend tax credit for dividends other than eligible dividends
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Box 13 – Interest from Canadian sources
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Box 14 – Other income from Canadian sources
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Box 15 – Foreign income
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Box 16 – Foreign tax paid
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Box 17 – Royalties from Canadian sources
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Box 18 – Capital gains dividends
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Box 19 – Accrued income: Annuities
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Box 21 – Report code
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Box 22 – Recipient identification number
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Box 23 – Recipient type
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Box 24 – Actual amount of eligible dividends
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Box 25 – Taxable amount of eligible dividends
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Box 26 – Dividend tax credit for eligible dividends
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Box 27 – Foreign currency
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Box 28 – Transit
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Box 29 – Recipient account
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Box 30 – Equity linked notes interest
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Other information