Canada T2 Tax Form PDF Details

The Canada T2 Corporation Income Tax Return is an essential document for corporations operating within Canada, excluding those based in Quebec or Alberta, which necessitate separate provincial filings. Notably suited for tax years 2019 onwards, the T2 form amalgamates federal, provincial, and territorial tax obligations into a cohesive filing process. Corporations have the option to utilize a short form, known as the T2SHORT, provided they meet certain eligibility criteria. This form's backbone is the federal Income Tax Act and Income Tax Regulations, ensuring accuracy and compliance with current legislative requirements. However, adjustments reflecting legislative changes post-publication are anticipated. Corporations must dispatch a complete copy of the return, including all schedules and the General Index of Financial Information (GIFI), to their designated tax center within six months following their fiscal year-end. This stipulation underlines the government's effort to streamline tax filing while accommodating the dynamic nature of tax legislation. Additional guidance can be found on the Canada Revenue Agency's website or by consulting the T2 Corporation – Income Tax Guide, reinforcing the resources available to corporations navigating through their tax obligations.

QuestionAnswer
Form NameCanada T2 Tax Form
Form Length9 pages
Fillable?No
Fillable fields0
Avg. time to fill out2 min 15 sec
Other namest2 tax return canada, my account cra tax return, canadian 2018 personal income tax forms, 2018 canadian income tax forms

Form Preview Example

200

T2 Corporation Income Tax Return

(2019 and later tax years)

This form serves as a federal, provincial, and territorial corporation income tax return, unless the corporation is located in Quebec or Alberta. If the corporation is located in one of these provinces, you have to file a separate provincial corporation return. A shorter version of the return, the T2SHORT, is available for eligible corporations.

All legislative references on this return are to the federal Income Tax Act and Income Tax Regulations. This return may contain changes that had not yet become law at the time of publication.

Send one completed copy of this return, including schedules and the General Index of Financial Information (GIFI), to your tax centre. You have to file the return within six months after the end of the corporation's tax year.

For more information see canada.ca/taxes or Guide T4012, T2 Corporation – Income Tax Guide.

Code 1902

Protected B

when completed

055Do not use this area

Identification

Business number (BN)

001

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

R

 

C

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporation's name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To which tax year does this return apply?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax year start

 

 

 

Tax year-end

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Month Day

 

 

 

 

Year Month Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

060

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

061

 

 

 

 

 

 

 

 

 

 

 

 

Address of head office

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Has this address changed since the

 

 

Yes

 

 

 

 

No

 

 

 

 

Has there been an acquisition of control

 

 

 

 

 

 

 

 

 

 

 

 

 

010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

last time we were notified?

 

 

 

 

 

 

 

 

 

resulting in the application of

 

 

 

 

 

 

 

 

 

 

 

 

 

If yes, complete lines 011 to 018.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

subsection 249(4) since the tax year

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

063

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

start on line 060?

 

 

 

 

 

 

 

 

 

011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Month Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If yes, provide the date control was

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

065

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

 

 

Province, territory, or state

 

 

acquired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

015

 

 

 

 

 

 

 

016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the date on line 061 a deemed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country (other than Canada)

 

 

Postal or ZIP code

 

 

 

 

 

 

 

 

tax year-end according to

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

066

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

subsection 249(3.1)?

 

 

 

 

 

 

 

 

 

017

 

 

 

 

 

 

 

018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the corporation a professional

 

 

 

 

 

 

 

 

 

 

 

 

 

Mailing address (if different from head office address)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

corporation that is a member of a

 

 

 

Yes

 

 

No

 

 

 

 

Has this address changed since the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

partnership?

067

 

 

 

 

 

 

 

 

last time we were notified?

020

 

Yes

 

 

 

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If yes, complete lines 021 to 028.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is this the first year of filing after:

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Incorporation?

070

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

021

 

 

c/o

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

071

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amalgamation?

 

 

 

 

 

 

 

 

 

022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If yes, complete lines 030 to 038 and attach Schedule 24.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Has there been a wind-up of a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

 

 

Province, territory, or state

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

subsidiary under section 88 during the

 

 

 

Yes

 

No

 

 

 

 

 

025

 

 

 

 

 

 

 

026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

current tax year?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country (other than Canada)

 

 

Postal or ZIP code

 

 

 

 

 

 

 

 

If yes, complete and attach Schedule 24.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

027

 

 

 

 

 

 

 

028

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is this the final tax year before

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Location of books and records (if different from head office address)

 

 

076

 

 

 

 

 

 

 

 

 

 

amalgamation?

 

 

 

 

 

 

 

 

Has this address changed since the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

 

 

 

 

No

 

 

 

 

 

Is this the final return up to

 

 

 

 

 

 

 

 

 

 

 

 

 

last time we were notified?

030

 

 

 

 

 

 

 

 

 

 

 

078

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

dissolution?

 

 

 

 

 

 

 

 

If yes, complete lines 031 to 038.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If an election was made under section 261, state

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

079

 

 

 

 

 

 

 

 

 

 

 

 

 

031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

the functional currency used

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

032

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the corporation a resident of Canada?

080

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

 

 

Province, territory, or state

 

 

 

 

 

 

 

 

 

 

 

 

If no, give the country of residence on line 081 and complete and attach

 

035

 

 

 

 

 

 

 

036

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule 97.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country (other than Canada)

 

 

Postal or ZIP code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

081

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

037

 

 

 

 

 

 

 

038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the non-resident corporation claiming

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

040

 

 

Type of corporation at the end of the tax year (tick one)

 

 

 

 

 

 

 

 

an exemption under an income tax

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

treaty?

 

 

 

 

 

 

 

 

 

 

 

 

1 Canadian-controlled private corporation (CCPC)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If yes, complete and attach Schedule 91.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2 Other private corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If the corporation is exempt from tax under section 149, tick one of the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3 Public corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

following boxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Exempt under paragraph 149(1)(e) or (l)

 

 

 

 

 

 

 

 

 

 

 

 

 

4 Corporation controlled by a public corporation

 

 

 

 

 

 

 

 

 

085

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 Other corporation (specify)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

Exempt under paragraph 149(1)(j)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

Exempt under paragraph 149(1)(t)

 

 

 

 

 

 

 

 

 

 

 

If the type of corporation changed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(for tax years starting before 2019)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Month Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

during the tax year, provide the

043

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

Exempt under other paragraphs of section 149

 

 

 

 

 

 

 

 

effective date of the change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do not use this area

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

095

 

 

 

 

 

 

 

 

 

 

096

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

898

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

T2 E (20)

 

 

 

 

 

 

(Ce formulaire est disponible en français.)

Page 1 of 9

 

 

 

 

 

 

 

 

 

 

Attachments

Protected B when completed

Financial statement information: Use GIFI schedules 100, 125, and 141.

Schedules – Answer the following questions. For each yes response, attach the schedule to the T2 return, unless otherwise instructed.

Yes Schedule

Is the corporation related to any other corporations? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation an associated CCPC? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation an associated CCPC that is claiming the expenditure limit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Does the corporation have any non-resident shareholders who own voting shares? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation had any transactions, including section 85 transfers, with its shareholders, officers, or employees,

other than transactions in the ordinary course of business? Exclude non-arm's length transactions with non-residents . . . . . . . . . . .

If you answered yes to the above question, and the transaction was between corporations not dealing at arm's length,

were all or substantially all of the assets of the transferor disposed of to the transferee? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation paid any royalties, management fees, or other similar payments to residents of Canada? . . . . . . . . . . . . . . . . . .

Is the corporation claiming a deduction for payments to a type of employee benefit plan? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a loss or deduction from a tax shelter? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation a member of a partnership for which a partnership account number has been assigned? . . . . . . . . . . . . . . . . . . . .

Did the corporation, a foreign affiliate controlled by the corporation, or any other corporation or trust that did not deal at arm's length with the corporation have a beneficial interest in a non-resident discretionary trust (without reference to section 94)? . . . . . . . . . . . .

Did the corporation own any shares in one or more foreign affiliates in the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation made any payments to non-residents of Canada under subsections 202(1) and/or 105(1) of

the Income Tax Regulations? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation have a total amount over CAN$1 million of reportable transactions with non-arm's length non-residents? . . . . . .

For private corporations: Does the corporation have any shareholders who own 10% or more of the corporation's common

and/or preferred shares? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation made payments to, or received amounts from, a retirement compensation plan arrangement during the year? Does the corporation earn income from one or more Internet web pages or websites? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the net income/loss shown on the financial statements different from the net income/loss for income tax purposes? . . . . . . . . . . .

Has the corporation made any charitable donations; gifts of cultural or ecological property; or gifts of medicine? . . . . . . . . . . . . . . . .

Has the corporation received any dividends or paid any taxable dividends for purposes of the dividend refund? . . . . . . . . . . . . . . . .

Is the corporation claiming any type of losses? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a provincial or territorial tax credit or does it have a

permanent establishment in more than one jurisdiction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation realized any capital gains or incurred any capital losses during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . .

i)Is the corporation a CCPC and reporting a) income or loss from property (other than dividends deductible on line 320 of the T2 return), b) income from a partnership, c) income from a foreign business, d) income from a personal services business, e) income referred to in clause 125(1)(a)(i)(C) or 125(1)(a)(i)(B), f) aggregate investment income as defined in subsection 129(4), or g) an amount assigned to it under subsection 125(3.2) or 125(8); or

ii)Is the corporation a member of a partnership and assigning its specified partnership business limit to a designated member under subsection 125(8)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Does the corporation have any property that is eligible for capital cost allowance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Does the corporation have any resource-related deductions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming deductible reserves? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a patronage dividend deduction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation a credit union claiming a deduction for allocations in proportion to borrowing or a provincial credit union tax reduction? Is the corporation an investment corporation or a mutual fund corporation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation carrying on business in Canada as a non-resident corporation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming any federal, provincial, or territorial foreign tax credits, or any federal logging tax credits? . . . . . . . . . . . .

Does the corporation have any Canadian manufacturing and processing profits? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming an investment tax credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming any scientific research and experimental development (SR&ED) expenditures? . . . . . . . . . . . . . . . . . . . .

Is the total taxable capital employed in Canada of the corporation and its related corporations over $10,000,000? . . . . . . . . . . . . . . .

Is the total taxable capital employed in Canada of the corporation and its associated corporations over $10,000,000? . . . . . . . . . . . .

Is the corporation subject to gross Part VI tax on capital of financial institutions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a Part I tax credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation subject to Part IV.1 tax on dividends received on taxable preferred shares or Part VI.1 tax on dividends paid? . . .

Is the corporation agreeing to a transfer of the liability for Part VI.1 tax? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For financial institutions: Is the corporation a member of a related group of financial institutions

with one or more members subject to gross Part VI tax? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a Canadian film or video production tax credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a film or video production services tax credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation claiming a Canadian journalism labour tax credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the corporation subject to Part XIII.1 tax? (Show your calculations on a sheet that you identify as Schedule 92.) . . . . . . . . . . . . . .

150

160

161

151

162

163

164

165

166

167

168

169

170

171

173

172

180

201

202

203

204

205

206

207

208

212

213

216

217

218

220

221

227

231

232

233

234

238

242

243

244

250

253

254

272

255

9

23

49

19

11

44

14

15

T5004

T5013

22

25

29

T106

50

88

1

2

3

4

5

6

7

8

12

13

16

17

18

20

21

27

31

T661

33/34/35

38

42

43

45

39

T1131

T1177

58

92

Page 2 of 9

Attachments (continued)

Protected B when completed

Did the corporation have any foreign affiliates in the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation own or hold specified foreign property where the total cost amount of all such property, at any time in the year, was more than CAN$100,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation transfer or loan property to a non-resident trust? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation receive a distribution from or was it indebted to a non-resident trust in the year? . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation entered into an agreement to allocate assistance for SR&ED carried out in Canada? . . . . . . . . . . . . . . . . . . . . .

Has the corporation entered into an agreement to transfer qualified expenditures incurred in respect of SR&ED contracts? . . . . . . .

Has the corporation entered into an agreement with other associated corporations for salary or wages of

specified employees for SR&ED? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation pay taxable dividends (other than capital gains dividends) in the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation made an election under subsection 89(11) not to be a CCPC? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the corporation revoked any previous election made under subsection 89(11)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation (CCPC or deposit insurance corporation (DIC)) pay eligible dividends, or did its

general rate income pool (GRIP) change in the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the corporation (other than a CCPC or DIC) pay eligible dividends, or did its low rate income pool (LRIP)

change in the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

271

259

260

261

262

263

264

265

266

267

268

269

T1134

T1135

T1141

T1142

T1145

T1146

T1174

55

T2002

T2002

53

54

Additional information

Did the corporation use the International Financial Reporting Standards (IFRS) when it prepared its financial statements?

270

Yes

 

 

Is the corporation inactive?

 

 

280

Yes

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

 

 

 

 

 

 

 

 

 

Specify the principal products mined, manufactured,

284

 

 

 

 

sold, constructed, or services provided, giving the

286

 

 

 

 

approximate percentage of the total revenue that

 

 

 

 

 

 

 

 

 

288

 

 

 

 

each product or service represents.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

Did the corporation immigrate to Canada during the tax year?

291

 

 

Did the corporation emigrate from Canada during the tax year?

292

Yes

 

Yes

293

Do you want to be considered as a quarterly instalment remitter if you are eligible?

 

 

No

No

285%

287%

289%

No

No

No

If the corporation was eligible to remit instalments on a quarterly basis for part of the tax year, provide the date the

 

 

294

corporation ceased to be eligible

 

Year Month Day

If the corporation's major business activity is construction, did you have any subcontractors during the tax year?

295

Yes

 

 

No

Taxable income

Net income or (loss) for income tax purposes from Schedule 1, financial statements, or GIFI

 

 

 

 

 

 

 

300

. . . .

.

 

. . . . . . . . . . . . . . . .

 

 

 

 

 

 

 

 

 

 

 

 

Deduct:

 

 

 

 

 

 

 

 

311

 

 

 

 

 

 

 

Charitable donations from Schedule 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cultural gifts from Schedule 2

313

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ecological gifts from Schedule 2

314

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gifts of medicine made before March 22, 2017, from Schedule 2

315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable dividends deductible under section 112 or 113, or subsection 138(6)

 

 

 

 

 

 

 

 

320

 

 

 

 

 

 

 

from Schedule 3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Part VI.1 tax deduction*

325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-capital losses of previous tax years from Schedule 4

331

 

 

 

 

 

 

 

332

 

 

 

 

 

 

 

Net capital losses of previous tax years from Schedule 4

 

 

 

 

 

 

 

333

 

 

 

 

 

 

 

Restricted farm losses of previous tax years from Schedule 4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Farm losses of previous tax years from Schedule 4

334

 

 

 

 

 

 

 

335

 

 

 

 

 

 

 

Limited partnership losses of previous tax years from Schedule 4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable capital gains or taxable dividends allocated from a central credit union

340

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prospector's and grubstaker's shares

350

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subtotal (amount A minus amount B) (if negative, enter "0")

 

 

 

 

 

 

 

 

 

Section 110.5 additions or subparagraph 115(1)(a)(vii) additions

 

 

 

 

 

 

 

355

. . . .

.

 

. . . . . . . . . . . . . . .

 

 

 

 

Taxable income (amount C plus amount D)

 

 

 

 

 

 

 

360

. . . .

.

 

. . . . . . . . . . . . . . .

 

 

 

 

 

 

 

 

 

 

 

370

Income exempt under paragraph 149(1)(t) (for tax years starting before 2019)

 

 

 

 

 

 

 

. . . .

.

 

. . . . . . . . . . . . . . .

 

 

 

 

 

 

 

 

 

 

 

 

Taxable income for a corporation with exempt income under paragraph 149(1)(t) (line 360 minus line 370)

* This amount is equal to 3.5 times the Part VI.1 tax payable at line 724 on page 9.

 

 

 

 

 

 

 

 

A

B

C

D

Z

Page 3 of 9

 

Small business deduction

 

Protected B when completed

 

 

 

 

 

 

Canadian-controlled private corporations (CCPCs) throughout the tax year

 

 

 

 

 

 

 

 

 

 

 

Income eligible for the small business deduction from Schedule 7

400

 

 

A

 

 

 

 

Taxable income from line 360 on page 3, minus 100/28 of the amount on line 632* on page 8, minus 4 times the amount on

 

 

 

 

405

 

 

B

line 636** on page 8, and minus any amount that, because of federal law, is exempt from Part I tax

 

 

Business limit (see notes 1 and 2 below)

410

 

 

C

Notes:

1.For CCPCs that are not associated, enter $500,000 on line 410. However, if the corporation's tax year is less than 51 weeks, prorate this amount by the number of days in the tax year divided by 365, and enter the result on line 410.

2.For associated CCPCs, use Schedule 23 to calculate the amount to be entered on line 410.

Business limit reduction

Taxable capital business limit reduction

Amount C

 

×

 

415

***

 

D

 

=

 

11,250

 

 

 

 

 

 

 

 

Passive income business limit reduction

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50,000 = . . .

Adjusted aggregate investment income from Schedule 7 ****

. . . . .

. . .

417

 

 

Amount C

 

× Amount F

 

 

 

=

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100,000

The greater of amount E and amount G

422

 

 

 

Reduced business limit for tax years starting before 2019 (amount C minus amount E) (if negative, enter "0")

425

 

 

 

Reduced business limit for tax years starting after 2018 (amount C minus amount H) (if negative, enter "0")

426

 

Business limit the CCPC assigns under subsection 125(3.2) (from line 515 on page 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

427

Reduced business limit after assignment for tax years starting before 2019 (amount I minus amount K)

 

 

428

Reduced business limit after assignment for tax years starting after 2018 (amount J minus amount K)

 

Small business deduction

 

Tax years starting before 2019

 

E

F

G

H

I

J

K

L

M

Amount A, B, C, or L, whichever is the least

Amount A, B, C, or L, whichever is the least

Amount A, B, C, or L, whichever is the least

×

Number of days in the tax year

× 17.5%

=

before January 1, 2018

 

Number of days in the tax year

 

 

 

 

 

×

Number of days in the tax year after

×

 

=

December 31, 2017, and before January 1, 2019

18%

 

Number of days in the tax year

 

 

 

 

 

×

Number of days in the tax year

 

 

×

 

=

after December 31, 2018

19%

Number of days in the tax year

1

2

3

Tax years starting after 2018

 

 

Amount A, B, C, or M, whichever is the least

×

19% =

 

 

Small business deduction (total of amounts 1 to 4)

430

 

Enter amount N at amount J on page 8.

 

4

N

*Calculate the amount of foreign non-business income tax credit deductible on line 632 without reference to the refundable tax on the CCPC's investment income (line 604) and without reference to the corporate tax reductions under section 123.4.

**Calculate the amount of foreign business income tax credit deductible on line 636 without reference to the corporation tax reductions under section 123.4.

***Large corporations

If the corporation is not associated with any corporations in both the current and previous tax years, the amount to be entered on line 415 is: (total taxable capital employed in Canada for the prior year minus $10,000,000) x 0.225%.

If the corporation is not associated with any corporations in the current tax year, but was associated in the previous tax year, the amount to be entered on line 415 is: (total taxable capital employed in Canada for the current year minus $10,000,000) x 0.225%.

For corporations associated in the current tax year, see Schedule 23 for the special rules that apply.

****Enter the total adjusted aggregate investment income of the corporation and all associated corporations for each tax year that ended in the preceding calendar year. Each corporation with such income has to file a Schedule 7. For a corporation's first tax year that starts after 2018, this amount is reported at line 744 of the corresponding Schedule 7. Otherwise, this amount is the total of all amounts reported at line 745 of the corresponding Schedule 7 of the corporation for each tax year that ended in the preceding calendar year.

Page 4 of 9

Protected B when completed

Small business deduction (continued)

Specified corporate income and assignment under subsection 125(3.2)

 

O

 

P

 

Q

Business number of

Income paid under

Business limit assigned to

the corporation

clause 125(1)(a)(i)(B) to the

corporation identified in

receiving the

corporation identified in

column O 4

assigned amount

column O 3

 

 

 

 

 

 

 

 

 

 

 

 

490

 

 

500

 

 

505

 

 

 

 

 

 

 

 

 

 

1.

2.

3.

4.

Total

510

 

 

Total

515

Notes:

3.This amount is [as defined in subsection 125(7) specified corporate income (a)(i)] the total of all amounts each of which is income from an active business of the corporation for the year from the provision of services or property to a private corporation (directly or indirectly, in any manner whatever) if

(A)at any time in the year, the corporation (or one of its shareholders) or a person who does not deal at arm's length with the corporation (or one of its shareholders) holds a direct or indirect interest in the private corporation, and

(B)it is not the case that all or substantially all of the corporation's income for the year from an active business is from the provision of services or property to

(I)persons (other than the private corporation) with which the corporation deals at arm's length, or

(II)partnerships with which the corporation deals at arm's length, other than a partnership in which a person that does not deal at arm's length with the corporation holds a direct or indirect interest.

4.The amount of the business limit you assign to a CCPC cannot be greater than the amount determined by the formula A – B, where A is the amount of income referred to in column P in respect of that CCPC and B is the portion of the amount described in A that is deductible by you in respect of the amount of income referred to in clauses 125(1)(a)(i)(A) or (B) for the year. The amount on line 515 cannot be greater than the amount on line 425 (426 for tax years starting after 2018).

General tax reduction for Canadian-controlled private corporations

Canadian-controlled private corporations throughout the tax year

Taxable income from page 3 (line 360 or amount Z, whichever applies) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Lesser of amounts 9B and 9H from Part 9 of Schedule 27

 

 

 

 

 

B

. . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

C

Amount 13K from Part 13 of Schedule 27

 

 

 

 

 

. . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

D

Personal services business income

 

432

 

 

 

. . . . . . . . . . . . . . . . . . .

 

 

 

 

 

Amount from line 400, 405, 410, or 427 (428 instead of 427 for tax years starting after 2018)

 

 

E

on page 4, whichever is the least

 

 

 

 

 

. . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

F

Aggregate investment income from line 440 on page 6* . .

 

 

 

 

 

.Subtotal. . . . . . .(.add. . . amounts. . . . . . . .B. to F). . .

 

 

 

 

 

 

 

 

 

 

Amount A minus amount G (if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General tax reduction for Canadian-controlled private corporations – Amount H multiplied by 13% . . . . . . . . . . . . . . . . . . . . .

Enter amount I on line 638 on page 8.

* Except for a corporation that is, throughout the year, a cooperative corporation (within the meaning assigned by subsection 136(2)) or a credit union.

A

G

H

I

General tax reduction

Do not complete this area if you are a Canadian-controlled private corporation, an investment corporation, a mortgage investment corporation, a mutual fund corporation, or any corporation with taxable income that is not subject to the corporation tax rate of 38%.

Taxable income from page 3 (line 360 or amount Z, whichever applies)

. . . . . . . . .

Lesser of amounts 9B and 9H from Part 9 of Schedule 27

 

 

 

 

K

. . . . . . . . . . . . . . . . . . . . . . . .

 

 

L

Amount 13K from Part 13 of Schedule 27

 

 

 

 

. . . . . . . . . . . . . . . . . . . . . . . .

 

 

M

Personal services business income

 

434

 

 

. . . . . . . . . . . . . . . . . . .

 

 

 

 

Subtotal (add amounts K to M)

 

 

 

 

 

 

 

Amount J minus amount N (if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General tax reduction – Amount O multiplied by 13% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter amount P on line 639 on page 8.

J

N

O P

Page 5 of 9