if my business incorporated received T5 from the bank, which item should I report for this investment income?

HI,

I have T5 from the bank for my business incorporated. Which item I should report this income (box 13) from Turbotax Business Incorporated?

Thanks for helping

Answer

Hello,


Its going to depend on the nature of the T5, we are unable to know this nature without knowing more about the T5 form you have received.  As for the items to report we are unable to provide tax advice we would recommend you contacting CRA tax tip line for further advice 1-800-267-6999.

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