Lines 12000 and 12010 – Taxable amount of dividends from taxable Canadian corporations
Canadian-source dividends are profits you receive from your shares in a corporation.
You may have received one or both of the following types of dividends from taxable Canadian corportions:
- Eligible dividends
- Other than eligible dividends
If you are not sure which type of dividends you received, contact the payer.
Dividends are usually reported on one of the following information slips:
Completing your tax return
Use your Federal Worksheet to complete the chart for line 12000 and line 12010, or report your dividends on your return as follows:
| Line 12000 – Taxable amount of dividends (eligible and other than eligible) |
Line 12010 – Taxable amount of dividends (other than eligible) |
|---|---|
Enter the total of the following amounts on line 12000:
|
Enter the total of the following amounts on line 12010:
|
If you did not receive an information slip
Use your Federal Worksheet or calculate the taxable amount to report as follows:
| Eligible dividends | Other than eligible dividends |
|---|---|
| Multiply the actual amount received by 138% and include the result on line 12000 | Multiply the actual amount received by 115% and include the result on line 12000 and line 12010 |
Tax Tips
In some cases, you may choose to report all of the taxable dividends received by your spouse or common-law partner from taxable Canadian corporations. You can do this only if it allows you to claim, or increase your claim for, the spouse or common-law partner amount on line 30300 of your return. If you choose this option, do not include these dividends in your spouse's or common-law partner's income.
You may be able to claim a dividend tax credit on line 40425 for dividends received from taxable Canadian corporations.
Loans and transfers of property
Special rules apply to income from property (including shares) that one family member lends or transfers to another.
You may have to report income, such as dividends (line 12000) or interest (line 12100) from property (including money and any replacement property) that you loaned or transferred to:
- your spouse or common-law partner
- a related minor (including a niece or a nephew) who was under 18 years of age at the end of 2025
This also includes loans or transfers made to a trust for the benefit of such a person.
You may also have to report capital gains on line 12700 from property that you loaned or transferred to your spouse or common-law partner, or to a trust for their benefit.
For more information, see: