Declare dividends
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    kerrybrook
    Returning Member
    posted
    ‎January 20, 2021 12:45 PM
    last updated ‎January 20, 2021 12:45 PM

    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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    TurboTaxHeba
    Moderator
    Moderator
    3 weeks ago

    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...

     

    I hope this was helpful

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