Question: Use the link provided to create T5s which should show the actual amount of dividend issued, taxable amount of dividend and the dividend tax credit
Use the link provided to create T5s which should show the actual amount of dividend issued, taxable amount of dividend and the dividend tax credit in each of the following scenarios:
$10,000 eligible dividend issued by a private company
- $10,000 non-eligible dividend issued by a private company
Your submission should include two T5s created for the above scenarios.
https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t5.html
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