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New Member
posted Oct 30, 2019 11:30:27 PM

Where can i put my interests from the country outside Canada

i acquired interests from the bank from the country outside Canada, can it be put into T5 form by exchanging CAD, thank you.

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1 Best answer
Level 13
Oct 30, 2019 11:30:28 PM

No, you do not put in a T5 slip.

  • Interest on Bank accounts not reported on a Tslip, which is under Investments tab, you will apply it under Interest and other investment income.
  • This amount is then transferred to line 121 of your T1. 

As per the CRA if needed  https://bit.ly/2HQUE4i

5 Replies
Level 13
Oct 30, 2019 11:30:28 PM

No, you do not put in a T5 slip.

  • Interest on Bank accounts not reported on a Tslip, which is under Investments tab, you will apply it under Interest and other investment income.
  • This amount is then transferred to line 121 of your T1. 

As per the CRA if needed  https://bit.ly/2HQUE4i

New Member
Oct 30, 2019 11:30:30 PM

thank you, so, i put it under the investmens profile in TurboTax, right É

Level 13
Oct 30, 2019 11:30:31 PM

Yes correct!

New Member
Oct 30, 2019 11:30:33 PM

much thanks!

Level 13
Oct 30, 2019 11:30:34 PM

you're most welcome!