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New Member
posted Apr 29, 2025 11:05:25 PM

How do I report income from a dissolved professional corporation? Thanks Aaron

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1 Replies
Returning Member
Apr 30, 2025 8:31:19 AM

When your professional corporation is dissolved, any taxable distributions made to you, such as dividends, should be documented on the appropriate T-slips. For example, the corporation will issue a T5 slip for dividends distributed during its final year.