We want to put a dividend from one spouse to anoth...

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We want to put a dividend from one spouse to another who made no money last year is this ok?

 
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We want to put a dividend from one spouse to another who made no money last year is this ok?

In some cases, it may be better for her to report all the taxable dividends you received from taxable Canadian corporations. You can do this only if, it allows her to claim or increase her claim for the spouse or common-law partner amount on line 30300 of her return.

 

If she uses this option, do not include these dividends in your income.

 

You may be able to claim a dividend tax credit for dividends you received from taxable Canadian corporations. See line 40425.

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