T3, Statement of Trust Income Allocations and Designations

2026V5 - updated 2026-01-30

What’s new:

Validation enhancement:

  • Slip and summary Account Number must be the same (<tr_acct_nbr></tr_acct_nbr> Trust account number on slip and summary)

Version 2 – Updates on acceptable characters tables

Version 3 – Clarity in “What’s New” section and removal of dates for capital gains eligible for deduction from dispositions of QFFP and QSBCS (Codes 55, 57)

Version 4 – For the <itc_cd></itc_cd> tag (Investment Tax Credit Code), the acceptable value has been changed to “06” instead of “6”

Version 5:

  • Update to “initial” fields to indicate alpha
  • general housekeeping

Note

To prevent system rejections, please ensure optional fields without values are removed from the XML file.

<Return>

<T3>

<T3Slip>
Note: When completing the T3 return, include either the Corporation Information or the Beneficiary Information, NOT both.
Must enter the applicable required tag(s) for:
- First beneficiary name AND/OR <BNFY_NM>
- Second beneficiary name <SEC_BNFY_NM> OR
- Corporation, organization, association, or institution beneficiary name <ENTPRS_BNFY_NM>

<BNFY_NM>

<snm></snm>
Individual beneficiary surname
- Required up to 20 alphanumeric
- First 20 letters of the beneficiary's surname
- Omit titles such as Mr., Mrs., etc.
- Do not include first name or initials
- acceptable characters

<gvn_nm></gvn_nm>
Individual beneficiary first name 
- up to 12 alphanumeric
- First 12 letters of the beneficiary's first given name
- acceptable characters
Note: If only initials are available, provide the beneficiary's first initial.

<init></init>
Individual beneficiary initial
- 1 alpha
- Initial of the beneficiary's second given name

</BNFY_NM>

<SEC_BNFY_NM>

<sec_snm></sec_snm>
Second individual beneficiary surname
- Required, up to 20 alphanumeric
- If a second beneficiary's name appears on the T3 slip, the first 20 letters of the second beneficiary's surname
- Omit titles such as Mr., Mrs., etc.
- Do not include first name or initials
- acceptable characters

<sec_gvn_nm></sec_gvn_nm>
Second individual beneficiary first name 
- up to 12 alphanumeric
- If a second beneficiary's name appears on the T3 slip, the first 12 letters of the second beneficiary's first given name
- acceptable characters
Note: If only initials are available, provide the second beneficiary's first initial.

<sec_init></sec_init>
Second individual beneficiary initial
- 1 alpha
- If a second beneficiary's name appears on the T3 slip, the initial of the second beneficiary's second given name

</SEC_BNFY_NM>

<ENTPRS_BNFY_NM>

<l1_nm></l1_nm>
Corporation, organization, association, or institution beneficiary name - line 1 
- Required, up to 30 alphanumeric
- First line of the beneficiary corporation, organization, association, or institution's name
- acceptable characters
- If "&" is used in the name area enter as "&amp;"

<l2_nm></l2_nm>
Corporation, organization, association, or institution beneficiary name - line 2
- up to 30 alphanumeric
- Second line of the beneficiary corporation, organization, association, or institution's name
- acceptable characters

</ENTPRS_BNFY_NM>

<BNFY_ADDR>

<addr_l1_txt></addr_l1_txt>
Beneficiary address - line 1 
- up to 30 alphanumeric
- First line of the beneficiary's address
- acceptable characters

<addr_l2_txt></addr_l2_txt>
Beneficiary address - line 2
- up to 30 alphanumeric
- Second line of the beneficiary's address
- acceptable characters

<cty_nm></cty_nm>
Beneficiary city 
- up to 28 alphanumeric
- Beneficiary's city
- acceptable characters

<prov_cd></prov_cd>
Beneficiary province or territory code
- 2 alpha, must be upper case
- Canadian province or territory in which the beneficiary is located or the state in the USA where the beneficiary is located
- When the beneficiary's country code is neither CAN nor USA, enter ZZ in this field

<cntry_cd></cntry_cd>
Beneficiary country code
- 3 alpha
- Country in which the beneficiary is located
- Use only the 3 alphabetic country codes as outlined in the International Standard (ISO) 3166 - Codes for the Representation of Names of Countries.
- Always use CAN for Canada, and USA for the United States of America.

<pstl_cd></pstl_cd>
Beneficiary postal code
- up to 10 alphanumeric, must be upper case
- Beneficiary's Canadian postal code, format: alpha, numeric, alpha, numeric, alpha, numeric, example: A9A9A9
- or the beneficiary's USA zip code
- or when the beneficiary's country code is neither CAN nor USA, enter the foreign postal code
- the dash (-) is an acceptable character ONLY for USA or foreign postal code

</BNFY_ADDR>

<sin></sin>

Individual beneficiary social insurance number (SIN) 
- Required, 9 numeric
- T3 slip, box 12
- The beneficiary's SIN
- When the beneficiary has failed to provide a SIN, the only acceptable value to enter in the field is all zeroes.

<bn></bn>
Business Number (BN) 
- Required, 15 alphanumeric: 9 digits, 2 letters (must be upper case), 4 digits, example 000000000RP0000, or 000000000RT0000, or 000000000RZ0000, or 000000000RC0000
- T3 slip, box 12
- Beneficiary's BN
- When the beneficiary has failed to provide an Account number, enter 000000000RC0000, or 000000000RZ0000, or 000000000RT0000, or 000000000RP0000 in the field 
- to process a return, the complete BN15 is required

<bnfy_tr_acct_nbr></bnfy_tr_acct_nbr>
Beneficiary trust account number 
- Required, 1 alpha, 8 numeric, example: T00000000
- T3 slip, box 12
- Trust account number assigned by the CRA
- When a trust account number does not apply (e.g., an individual) enter T00000000 in the field.

<tr_acct_nbr></tr_acct_nbr>
Trust account number 
- Required, 1 alpha, 8 numeric, example: T00000000
- T3 slip, box 14 
- Trust account number assigned by the CRA
- Must correspond to the "Trust account number" on the related T3 Summary

<rpt_tcd></rpt_tcd>
Report Type Code
- Required, 1 alpha, must be upper case
- Originals = O
- Amendments= A
- Cancel = C
Note: An amended return must not include original slips, and conversely, an original return must not contain amended slips.

<bnfy_cd></bnfy_cd>
Beneficiary code 
- Required, 1 numeric from 1 to 5
- T3 slip, box 18
- 1 if the beneficiary is an individual
- 2 if the beneficiary is a joint beneficiary
- 3 if the beneficiary is a corporation
- 4 if the beneficiary is an association, a trust (fiduciary-trustee, nominee, or estate), a club, or a partnership
- 5 if the beneficiary is a government, government enterprise, international organization, deferred income plan that is exempt from tax, non-profit organization or other exempt entity

<itc_cd></itc_cd>
Investment tax credit code
- 2 alphanumeric, must be upper case
- T3 slip, box 43
- If an amount has been reported in box 41, "Investment tax credit - tax credit," enter the applicable code, listed below. The beneficiary requires the ITC type code to complete form T2038-IND Investment Tax Credit (Individuals).

<T3_AMT>
Note: Enter dollars and cents for all of the financial amounts with field lengths of up to 11 numeric characters, for example 0.00. If negative amounts are being reported, include the "–"indicator before the dollar amount. Do not include spaces or commas.

<cgamt></cgamt>
Total capital gains 
- T3 slip, box 21
- Sum of capital gains for this slip
- Separate Period 2 and Period 3 amounts using either of the two following fields. (Refer to the T4013, T3 Trust Guide for details.)

<prd_2_cgamt></prd_2_cgamt>
Period 2 capital gains
- T3 slip, box 21

<prd_3_cgamt></prd_3_cgamt>
Period 3 capital gains
- T3 slip, box 21

<actl_dvnd_amt></actl_dvnd_amt>
Actual amount of dividends other than eligible dividends
- T3 slip, box 23

<oth_incamt></oth_incamt>
Other income
- T3 slip, box 26

<elg_dedn_cgamt></elg_dedn_cgamt>
Total capital gains eligible for deduction 
- T3 slip, box 30
- Sum of capital gains eligible for deduction for this slip
- Separate Period 2 and Period 3 amounts using either of the two following fields.

<prd_2_elg_cgamt></prd_2_elg_cgamt>
Period 2 capital gains eligible for deduction
- T3 slip, box 30

<prd_3_elg_cgamt></prd_3_elg_cgamt>
Period 3 capital gains eligible for deduction
- T3 slip, box 30

<tx_dvnd_amt></tx_dvnd_amt>
Taxable amount of dividends other than eligible dividends
- T3 slip, box 32

<prd_2_insu_clamt></prd_2_insu_clamt>
Period 2 insurance segregated fund capital losses
- T3 slip, box 37

<prd_3_insu_clamt></prd_3_insu_clamt>
Period 3 insurance segregated fund capital losses
- T3 slip, box 37

<dvnd_tx_cr_amt></dvnd_tx_cr_amt>
Dividend tax credit for dividends other than eligible dividends
- T3 slip, box 39

<actl_elg_dvamt></actl_elg_dvamt>
Actual amount of eligible dividends
- T3 slip, box 49

<tx_elg_dvnd_pamt></tx_elg_dvnd_pamt>
Taxable amount of eligible dividends
- T3 slip, box 50

<enhn_dvtc_amt></enhn_dvtc_amt>
Dividend tax credit for eligible dividends
- T3 slip, box 51

</T3_AMT>

<OTH_INFO>
Note: All of the other information amounts are from the Other Income Fields at the bottom of the T3 slip
- If more than six (6) Other Income Fields are used, create an additional T3 slip to report the additional amounts.
- up to 11 numeric
- Enter dollars & cents, for example 0.00
- Do not use spaces or commas
- If negative amounts are being reported, include the "–"indicator before the dollar amount.

<pens_lsp_amt></pens_lsp_amt>
Lump-sum pension income
- T3 slip, box 22

<fgn_bus_incamt></fgn_bus_incamt>
Foreign business income
- T3 slip, box 24

<fgn_nbus_incamt></fgn_nbus_incamt>
Foreign non-business income
- T3 slip, box 25

<elg_pens_incamt></elg_pens_incamt>
Qualifying pension income
- T3 slip, box 31

<fgn_bus_tx_amt></fgn_bus_tx_amt>
Foreign business income tax paid
- T3 slip, box 33

<fgn_tx_amt></fgn_tx_amt>
Foreign non-business income tax paid
- T3 slip, box 34

<dth_ben_amt></dth_ben_amt>
Eligible death benefits
- T3 slip, box 35

<insu_fnd_clamt></insu_fnd_clamt>
Total insurance segregated fund net capital losses
- T3 slip, box 37
- Sum of insurance segregated fund capital losses for this slip

<XII_2_tx_cr_amt></XII_2_tx_cr_amt>
Part XII.2 tax credit
- T3 slip, box 38

<invs_cost_examt></invs_cost_examt>
Investment cost or expenditures for investment tax credit
- T3 slip, box 40

<itc_amt></itc_amt>
Investment tax credit
- T3 slip, box 41

<amt_rslt_acb_amt></amt_rslt_acb_amt>
Amounts resulting in cost base adjustment
- T3 slip, box 42
- This amount represents a distribution or return of capital from the trust. For more information, see the information sheet Tax Treatment of Mutual Funds.

<oth_cr_amt></oth_cr_amt>
Other credits
- T3 slip, box 45

<pens_trnsf_amt></pens_trnsf_amt>
Pension Income
- T3 slip, box 46

<rtir_alwnc_amt></rtir_alwnc_amt>
Retiring Allowance Eligible for Transfer under paragraph 60(j.1) 
- T3 slip, box 47

<chrty_dons_amt></chrty_dons_amt>
Eligible amount of charitable donations
- T3 slip, box 48

<cg_disp_bef_jun_amt></cg_disp_bef_jun_amt>
Capital gains from dispositions before June 25, 2024
- Capital Gain 2024 Period One Amount
- Other Income Amount – Code 52

<cg_disp_after_jun_amt></cg_disp_after_jun_amt>
Capital gains from dispositions after June 24, 2024
- Capital Gain 2024 Period Two Amount
- Other Income Amount – Code 53

<cg_disp_qffp_bef_jun_amt></cg_disp_qffp_bef_jun_amt>
Capital gains eligible for deduction from dispositions of QFFP before June 25, 2024
- Qualified Farm Fishing Property 2024 Period One Capital Gain Amount
- Other Income Amount – Code 54

<cg_disp_qffp_after_jun_amt></cg_disp_qffp_after_jun_amt>
Capital gains eligible for deduction from dispositions of QFFP
- Qualified Farm Fishing Property Capital Gain Amount
- Other Income Amount – Code 55

<cg_disp_qsbcs_bef_jun_amt></cg_disp_qsbcs_bef_jun_amt>
Capital gains eligible for deduction from dispositions of QSBCS before June 25, 2024
- Qualified Small Business Corporate Share 2024 Period One Capital Gain Amount
- Other Income Amount – Code 56

<cg_disp_qsbcs_after_jun_amt></cg_disp_qsbcs_after_jun_amt>
Capital gains eligible for deduction from dispositions of QSBCS
- Qualified Small Business Corporate Share Capital Gain Amount
- Other Income Amount – Code 57

<ins_seg_bef_jun_amt></ins_seg_bef_jun_amt>
Insurance segregated fund loss before June 25, 2024
- Insurance Segregated Fund 2024 Period One Capital Loss Amount
- Other Income Amount – Code 58

<ins_seg_after_jun_amt></ins_seg_after_jun_amt>
Insurance segregated fund loss after June 24, 2024
- Insurance Segregated Fund 2024 Period Two Capital Loss Amount
- Other Income Amount – Code 59

</OTH_INFO>

</T3Slip>

<T3Summary>

<tr_acct_nbr></tr_acct_nbr>
Trust account number 
- Required, 1 alpha, 8 numeric
- Trust account number assigned by the CRA
- You must enter the Trust account number that corresponds to the T3 Trust Income Tax and Information Return
- If you have not been assigned a number, apply for a trust account number using Form T3APP Application for Trust Account Number

<tr_frst_yr_fil_ind></tr_frst_yr_fil_ind>
Trust first year filing indicator
- 1 alpha 
Y = Yes
N = No

<TR_NM>

<l1_nm></l1_nm>
Trust name - line 1 
- Required, up to 30 alphanumeric
- First line of trust's name- If "&" is used in the name area enter as "&amp;"
- Must correspond with trust's name as it appears on the T3RET T3 Trust Income Tax and Information Return
- Do not abbreviate the name of the trust
- If more space is required use line 2 to complete the Trust name
- acceptable characters

<l2_nm></l2_nm>
Trust name - line 2
- up to 30 alphanumeric
- Second line of trust's name
- Must correspond with trust's name as it appears on the T3RET T3 Trust Income Tax and Information Return
- acceptable characters

</TR_NM>

<tre_exctr_admnr_nm></tre_exctr_admnr_nm>
Trustee, executor, or administrator (trustee) name
- Required, up to 30 alphanumeric
- If "&" is used in the name area enter as "&amp;"
- Trustee's first name followed by surname for this return
- Omit titles such as Mr., Mrs., etc.
- acceptable characters

<TRE_ADDR>

<addr_l1_txt></addr_l1_txt>
Trustee address - line 1 
- up to 30 alphanumeric
- First line of the trustee's mailing address
- acceptable characters

<addr_l2_txt></addr_l2_txt>
Trustee address - line 2 
- up to 30 alphanumeric
- Second line of the trustee's address
- acceptable characters

<cty_nm></cty_nm>
Trustee city 
- up to 28 alphanumeric
- City in which the trustee is located
- acceptable characters

<prov_cd></prov_cd>
Trustee province or territory code
- 2 alpha, must be upper case
- Canadian province or territory in which the trustee is located or the state in the USA where the trustee is located
- When the trustee's country code is neither CAN nor USA, enter ZZ in this field.

<cntry_cd></cntry_cd>
Trustee country code 
- 3 alpha
- Country in which the trustee is located
- Use only the 3 alphabetic country codes as outlined in the International Standard (ISO) 3166 - Codes for the Representation of Names of Countries.
- Always use CAN for Canada, and USA for the United States of America.

<pstl_cd></pstl_cd>
Trustee postal code
- up to 10 alphanumeric, must be upper case
- Trustee's Canadian postal code, format: alpha, numeric, alpha, numeric, alpha, numeric, example: A9A9A9
- or the trustee's USA zip code
- or when the trustee's country code is neither CAN nor USA, enter the foreign postal code
- the dash (-) is an acceptable character ONLY for USA or foreign postal code

</TRE_ADDR>

<CNTC>

<cntc_nm></cntc_nm>
Contact name
- Required, up to 22 alphanumeric
- Contact's first name followed by surname for this return
- Omit titles such as Mr., Mrs., etc.
- acceptable characters

<cntc_area_cd></cntc_area_cd>
Contact area code
- Required 3 numeric
- Area code of telephone number

<cntc_phn_nbr></cntc_phn_nbr>
Contact telephone number 
- Required 3 numeric with a (-), followed by 4 numeric.
- Telephone number of contact

<cntc_extn_nbr></cntc_extn_nbr>
Contact extension 
- up to 5 numeric
- Extension of contact

</CNTC>

<tx_yr></tx_yr>
Taxation year
- Required 4 numeric
- Year in which the trust's tax year ends (e.g., 2024)

<rpt_tcd></rpt_tcd>
Report Type Code
- Required, 1 alpha, must be upper case
- Originals = O
- Amendments = A
Note: An amended return must not include original slips, and conversely, an original return must not contain amended slips

<fileramendmentnote></fileramendmentnote>
Filer amendment note
- use for report type A only
- up to 1309 alphanumeric
- acceptable characters

<slp_cnt></slp_cnt>
Total number of T3 slip records
- Required, up to 7 numeric
- Total number of T3 slip records filed with this T3 Summary

<TR_TX_SDT>

<dy></dy>
Start of trust's taxation year - day
- Required, 2 numeric (e.g., 04, 31)

<mo></mo>
Start of trust's taxation year - month 
- Required, 2 numeric (e.g., 03, 12)

<yr></yr>
Start of trust's taxation year - year
- Required, 4 numeric (e.g., 2022)

</TR_TX_SDT>

<TR_TX_NDT>

<sec_dy></sec_dy>
End of trust's taxation year - day
- Required, 2 numeric (e.g., 04, 31)

<sec_mo></sec_mo>
End of trust's taxation year - month
- Required, 2 numeric (e.g., 03, 12)

<sec_yr></sec_yr>
End of trust's taxation year - year
- Required, 4 numeric (e.g., 2024)

</TR_TX_NDT>

<T3_TAMT>
Note: Enter dollars and cents for all of the financial amounts with field lengths of up to 13 numeric characters, for example 0.00. Do not use spaces or commas. If negative amounts are being reported, include the "–" indicator before the dollar amount.

<tot_cgamt></tot_cgamt>
Total capital gains
- Accumulated total of beneficiaries' period 1, 2 and 3 capital gains, as reported on the T3 slip records filed with this T3 Summary

<tot_pens_lsp_amt></tot_pens_lsp_amt>
Total lump-sum pension benefits
- Accumulated total of beneficiaries' pension benefits, as reported on the T3 slip records filed with this T3 Summary

<tot_actl_dvnd_amt></tot_actl_dvnd_amt>
Total actual amount of dividends other than eligible dividends
- Accumulated total of actual amount of dividends other than eligible dividends, as reported on the T3 slip records filed with this T3 Summary

<tot_actl_elg_dvamt></tot_actl_elg_dvamt>
Total actual amount of eligible dividends
- Accumulated total of actual amounts of eligible dividends, as reported on the T3 slip records filed with this T3 Summary

<tot_tx_elg_dvamt></tot_tx_elg_dvamt>
Total taxable amount of eligible dividends
- Accumulated total of taxable amounts of eligible dividends, as reported on the T3 slip records filed with this T3 Summary

<tot_enhn_dvtc_amt></tot_enhn_dvtc_amt>
Total dividend tax credit for eligible dividends
- Accumulated total of dividend tax credit for eligible dividends as reported on the T3 slip records filed with this T3 Summary

<tot_fgn_bus_incamt></tot_fgn_bus_incamt>
Total foreign business income
- Accumulated total of beneficiaries' foreign business income, as reported on the T3 slip records filed with this T3 Summary

<tot_fgn_nbus_amt></tot_fgn_nbus_amt>
Total foreign non-business income
- Accumulated total of beneficiaries' foreign non-business income, as reported on the T3 slip records filed with this T3 Summary

<tot_oth_incamt></tot_oth_incamt>
Total other income
- Accumulated total of beneficiaries' other income, as reported on the T3 slip records filed with this T3 Summary

<tot_elg_dedn_cgamt></tot_elg_dedn_cgamt>
Total capital gains eligible for deduction
- Accumulated total of beneficiaries' period 1, 2 and 3 capital gains eligible for deduction, as reported on the T3 slip records filed with this T3 Summary

<tot_pens_incamt></tot_pens_incamt>
Total eligible pension income
- Accumulated total of beneficiaries' eligible pension income, as reported on the T3 slip records filed with this T3 Summary

<tot_tx_dvnd_amt></tot_tx_dvnd_amt>
Total taxable amount of dividends other than eligible dividends
- Accumulated total of dividends other than eligible dividends, as reported on the T3 slip records filed with this T3 Summary

<tot_fgn_bus_tx_amt></tot_fgn_bus_tx_amt>
Total foreign business income tax paid
- Accumulated total of beneficiaries' foreign business income tax paid, as reported on the T3 slip records filed with this T3 Summary

<tot_fgn_itx_amt></tot_fgn_itx_amt>
Total foreign non-business income tax paid
- Accumulated total of beneficiaries' foreign non-business income tax paid, as reported on the T3 slip records filed with this T3 Summary

<tot_dth_ben_amt></tot_dth_ben_amt>
Total eligible death benefits 
- Accumulated total of death benefits, as reported on the T3 slip records filed with this T3 Summary

<tot_pens_trnsf_amt></tot_pens_trnsf_amt>
Total pension income eligible for 60(l) transfer
- Accumulated total as reported on the T3 slip records filed with this T3 Summary

<tot_rtir_alwnc_amt></tot_rtir_alwnc_amt>
Total retiring allowance eligible for 60(j.1) transfer
- Accumulated total as reported on the T3 slip records filed with this T3 Summary

<tot_chrty_dons_amt></tot_chrty_dons_amt>
Total charitable donations
- Accumulated total of as reported on the T3 slip records filed with this T3 Summary

<tot_insu_fnd_clamt></tot_insu_fnd_clamt>
Total insurance segregated fund capital losses
- Accumulated total period 1, 2 and 3 insurance segregated fund capital losses, as reported on the T3 slip records filed with this T3 Summary

<tot_XII_2_cr_amt></tot_XII_2_cr_amt>
Total Part XII.2 tax credit
- Accumulated total of Part XII.2 tax credit, as reported on the T3 slip records filed with this T3 Summary

<tot_dvnd_tx_cr_amt></tot_dvnd_tx_cr_amt>
Total dividend tax credit for dividends other than eligible dividends
- Accumulated total of dividend tax credit for dividends other than eligible dividends, as reported on the T3 slip records filed with this T3 Summary

<tot_elg_invs_amt></tot_elg_invs_amt>
Total investment eligible for investment tax credit
- Accumulated total of investment eligible for investment tax credit, as reported on the T3 slip records filed with this T3 Summary

<tot_itc_amt></tot_itc_amt>
Total investment tax credit
- Accumulated total of investment tax credit, as reported on the T3 slip records filed with this T3 Summary

<totr_cr_amt></totr_cr_amt>
Total other credits
- Accumulated total of other credits, as reported on the T3 slip records filed with this T3 Summary

</T3_TAMT>

</T3Summary>

</T3>

</Return>

Page details

2026-02-03