For detailed information on the amounts shown in the boxes of your T3slip, see the corresponding box number below the following image:
T3 slip image
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Boxes23, 49, 32, 50, 39, and51 – Dividends from Canadian corporations
The amounts you have to report as income are the amounts shown in boxes32 and50. Include the total of these amounts on line12000 of your return. Also, include the amount shown in box32 on line12010 of your return. The federal dividend tax credit to which you are entitled is the total of boxes39 and51. Include this amount on line40425 of your return.
Box21 – Capital gains
Subtract any amount in box30 from the amount in box21. Include the difference on line17600 of Schedule3. All or part of the amount in box21 may be foreign non-business income, which will be footnoted. Include any footnoted amount for foreign non-business income on line43300 of FormT2209, Federal Foreign Tax Credits.
Box30 – Capital gains eligible for deduction
Include the footnoted amounts for qualified small business corporation shares, as well as qualified farm or fishing property on the relevant lines of Schedule3.
Box26 – Other income
Subtract any amount in box31 from the amount in box26. Include the difference on line13000 of your return.
Other information
Box22 – Lump-sum pension income
Include this amount on line13000 of your return. This amount may be transferred to anRRSP orRPP. For more information, see GuideT4040, RRSPs and Other Registered Plans for Retirement.
Box24 - Foreign business income
Include this amount on line13500 of your return and on FormT2209, Federal Foreign Tax Credits.
Box25 - Foreign non-business income
Include this amount on line12100 of your return and on line43300 of FormT2209, Federal Foreign Tax Credits.
Box31 - Qualifying pension income
Include this amount on line11500 and in the calculation for line31400 of your return.
Box33 - Foreign business income tax paid
Include this amount on line4 of FormT2209, Federal Foreign Tax Credits.
Box34 - Foreign non-business income tax paid
Include this amount on line1 of FormT2209, Federal Foreign Tax Credits.
Box35 - Eligible death benefits
This amount is included in box26. You may be able to exclude up to$10,000 from income. For details, see line13000 in the Federal Income Tax Guide.
Box38 - Part XII.2 tax credit
Include this amount on line45600 of your return.
Boxes40, 41, and43 – Investment tax credit
Include these amounts on FormT2038(IND), Investment Tax Credit(Individuals). See the statement provided by the trust for information on the code number.
Box42 – Amount resulting in cost base adjustment
This amount represents a distribution or return of capital from the trust. Follow the instructions in the footnote area and adjust the cost base of the property at the end of the tax year. For more information, see Information SheetRC4169, Tax Treatment of Mutual Funds for Individuals.
Box45 - Other credits
For Newfoundland and Labrador, include the footnoted amount on FormT1129, Newfoundland and Labrador Research and Development Tax Credit (Individuals).
For Yukon, include that amount on FormT1232, Yukon Research and Development Tax Credit(Individuals).
Box46 - Pension income qualifying for an eligible annuity for a minor
This amount is already included in box26. For more information, see GuideT4040, RRSPs and Other Registered Plans for Retirement.
Box 47 - Retiring allowance qualifying for transfer to an RPP or RRSP
This amount is already included in box 26. For more information, see Guide T4040, RRSPs and Other Registered Plans for Retirement.
Box48 - Eligible amount of charitable donations
Depending on the type of donation, include this amount on line 33700, 33900, 34000 or34200 of Schedule9.
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