T5013 with 2 Box 135's

Tax Topics
1

I have a T5013 slip with two Box 135’s one is designated from the USA, the other from BMU. How do I enter that in the tax return?

2

Let me guess… Brookfield? I attached a tape and add them in box 135 on the T5013. The slip says that the amounts are already in CAD.

If the client is over $100k in Foreign property, make sure to report the income from both countries on the T1135.

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3

Thank you, I’ll use the country code that has the largest amount in Box 135.

4

LOL - one of the most painful issuers EVER!!!

Storewest Dufferin this year is biting down hard on it though…

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5

Separate them out on the FTC worksheets with an override.