What Is Box 34 on a T3?
Box 34 – Foreign non-business income tax paid Include this amount on line 1 of Form T2209, Federal Foreign Tax Credits. Box 35 – Eligible death benefits This amount is included in box 26. You may be able to exclude up to $10,000 from income. See line 13000. Box 37 – Insurance segregated fund net capital losses
How are the T3 slips printed in Canada?
Three individual slips are printed on each page or sheet of the form. They are intended to be filled out by laser or ink jet printers, by typing or by hand. Find out if a trust must prepare and distribute T3 slips. Get details on how to fill out a T3 slip.
Where to put foreign non-business income on T3?
Include the difference on line 17600 of Schedule 3. All or part of the amount in box 21 may be foreign non-business income, which will be footnoted. Include any footnoted amount for foreign non-business income on line 43300 of Form T2209, Federal Foreign Tax Credits. Box 30 – Capital gains eligible for deduction
Where to enter beneficiary share on T3 slip?
In some cases, you may have to enter information in the footnote area below box 26 on the T3 slip. If you need more room to include an explanation in this area, prepare a separate statement and attach a copy to each copy of the slip. Enter the result of the beneficiary’s share of the amount from line 921 of Schedule 9, multiplied by 2.
