Alvaro

Hello, Where do I enter the foreign tax paid on an investment on the T2? (Line 16 of aT5) Is this also Schedule 21? Thank you for your help

Thank you Geo123! I know that part of the SBD and the 5,500 hours Since we paid the full amount of tax and there is no deduction because we don't have employees (just as a large business). When we take out those dividends from the corporation are still consider small business dividends (non eligible) for our personal tax returns?

When we are non elegible to the Small business deduction in Quebec since we don't have any employees and income is less that 500K. Should we still declare the dividends as non-elegible in the personal tax return? Thank you