# T3 Dividend Income paid to Corp

**URL:** https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690
**Category:** Tax Topics
**Created:** [March 28, 2022, 11:04pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690 "2022-03-28T23:04:02Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![shaun](https://avatars.discourse-cdn.com/v4/letter/s/f07891/32.png) [@shaun](https://www.protaxcommunity.com/u/shaun)
#### Post date: [March 28, 2022, 11:04pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690/1 "2022-03-28T23:04:02Z")

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I have a corporate client who received a T3 and T5008 from corporate investments made with CIBC. The T3 shows actual dividends, capital gains and foreign income. As these investments do not qualify for the small business deduction, where on Schedule 7 do you report.

1. Dividend income

I understand the T5008 and capital gain information from T3 gets reported on schedule 6.

I would appreciate any direction on this

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### Author: ![dawna777](https://avatars.discourse-cdn.com/v4/letter/d/47e85d/32.png) [@dawna777](https://www.protaxcommunity.com/u/dawna777)
#### Post date: [March 28, 2022, 11:31pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690/2 "2022-03-28T23:31:46Z")

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enter capital gains dividends to schedule 6 - it will carry to schedule 7

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### Author: ![niina](https://sea2.discourse-cdn.com/flex016/user_avatar/www.protaxcommunity.com/niina/32/1564_2.png) [@niina](https://www.protaxcommunity.com/u/niina)
#### Post date: [March 31, 2023, 1:48pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690/3 "2023-03-31T13:48:21Z")

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Where do you report box 25 & 34 from the T3 received by the corporation? Foreign non-business income and taxes paid? TIA

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### Author: ![snoplowguy](https://sea2.discourse-cdn.com/flex016/user_avatar/www.protaxcommunity.com/snoplowguy/32/2535_2.png) [@snoplowguy](https://www.protaxcommunity.com/u/snoplowguy)
#### Post date: [March 31, 2023, 4:46pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690/4 "2023-03-31T16:46:43Z")

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Schedule 125 field 8091 or 8097 depending on the nature of the income.

Schedule 21 for the foreign taxes paid.

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### Author: ![niina](https://sea2.discourse-cdn.com/flex016/user_avatar/www.protaxcommunity.com/niina/32/1564_2.png) [@niina](https://www.protaxcommunity.com/u/niina)
#### Post date: [April 2, 2023, 2:27pm UTC](https://www.protaxcommunity.com/t/t3-dividend-income-paid-to-corp/5690/5 "2023-04-02T14:27:36Z")

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Thanks! 🙂
