Line 40425 – Federal dividend tax credit

Note: Line 40425 was line 425 before tax year 2019.

If you reported dividends on line 12000 of your return, claim on line 40425 of your return the total of the dividend tax credits from taxable Canadian corporations shown on your information slips.

The dividend tax credit amounts are usually shown on the following slips:

• T5 slip, Statement of Investment Income
• T4PS slip, Statement of Employee Profit-Sharing Plan Allocations and Payments
• T3 slip, Statement of Trust Income Allocations and Designations
• T5013 slip, Statement of Partnership Income

Completing your tax return

Claim on line 40425 of your return the amount of your federal dividend tax credit.

Complete Form 428 for your province or territory of residence, as the provincial or territorial credit is calculated separately.

Forms and publications

• Income Tax Package - Guide, return, and schedules

Related topics

• Line 12000 – Taxable amount of dividends from taxable Canadian corporations