T5

[Tennis200]

My husband and I have a joint bank account and the T5 shows the interest in Box 13.  When the Interest form is completed on TurboTax it allows us to put the whole amount in and asks for the percentage for each.  We both put 50% but on the worksheet for income, on both it shows the whole amount, not half.

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[Tennis200]

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Please see our TurboTax articles to choose your way of claiming your joint T5 depending if you are doing a joint spousal return or individually.

T5 Tax Form: Statement of Investment Income in Canada 

Two’s company on a T5 slip: Spouses can share income

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