Irene2805
Expert Alumni

Get your taxes done using TurboTax

Yes - you do have to declare the investment income reported to you on the Canadian Form T5 - Statement of Investment Income. Enter the dividends as if they were reported on a 1099-DIV:

 

  1. Click on Federal > Wages & Income
  2. Scroll down to the Interest and Dividends section and click on the Start/Revisit box next to Dividends on 1099-DIV.
  3. Answer Yes to Did you receive any dividend income? (even though it was not reported on a 1099-DIV)
  4. On the next screen, click on I'll type it in myself.
  5. Enter the dividend information and continue through the rest of the interview.