Declare dividends

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Returning Member

Declare dividends

I want to pay shareholders a dividend that is goes on their income for 2020. So I have added the dividend amount at line 2962 as dividends declared and also at line 3701 as dividends paid. It is also on line 450 on schedule 3. Is this correct? Or should it not go on line 2962 if the dividends are paid and just be taken off line 1000 for cash and deposits?

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Moderator

Declare dividends

For questions related to corporate returns, you can contact Profile for more help: https://profile.intuit.ca/?cid=ppc_G_e_CA_.PCG_CA_B_ProFile_Exact_EN_G_S_FY20._intuit%20profile_txt&gclid=CjwKCAiA65iBBhB-EiwAW...

 

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