Tax slips checklist

As you prepare to review tax slips for your investment accounts, you may use the checklist below to determine if you have all your tax slips before filing your 2018 taxes. Depending on your investments, you may receive all or some of the slips listed below.

Please note that U.S. residents and U.S. citizens living in Canada may be required to report the existence of Canadian accounts including registered accounts and any income they earn to the Internal Revenue Service or other U.S. government agencies.

While Scotia Wealth Management issues various tax slips and supporting documents, it is your responsibility to ensure that all income is reported on your Income Tax Return—whether or not it is reported on a tax slip. 

View 2018 tax checklist

Registered accounts

Tax slip

Regulatory / 
Expected mailing date

Overview

Sample PDF

RRSP contribution receipts

Week of January 21

For contributions made during the calendar year 2018.

 

Daily; starting the week of January 7.

For contributions made during the first 60 days of calendar year 2019.

 

T4A/RL-1/NR4
(RESP withdrawals)

February 28

Issued to report receipt of Educational Assistance Payments by the beneficiary of a Registered Education Savings Plan (“RESP”), or other sources. Includes Registered Estate reporting to report rollovers and payouts for registered plans.

T4A form

RL-1 form

NR4 form

T4RSP/RL-2/NR4
(RRSP withdrawals)

February 28

Issued to report withdrawals from Registered Retirement Savings Plan (“RRSP”) accounts.

T4RSP form

RL-2 form

NR4 form

T4RIF/RL-2/NR4
(RRIF withdrawals)

February 28

Note: Regulatory mailing date for NR4’s is the last day of March, but they are printed and mailed at the same time as the T4s.

Issued to report withdrawals from a Registered Retirement Income Fund (“RRIF”), Locked-in Retirement Income Fund (“LRIF”), or Pescribed Retirement Income Fund (“PRIF”) accounts.

T4RIF form

RL-2 form

NR4 form

1042-S

March 15

Issued if you hold U.S. Limited Partnerships and the distribution of business income is subject to 37% withholding.    

1042-S form

Non-registered accounts

Tax slip

Regulatory /
Expected mailing date

Overview

Sample PDF

T5/RL-3/NR4
(Investment income)

February 28

Issued to report investment income earned during the year from stocks, bonds, or interest on any credit balances.

T5 form

RL-3 form

NR4 form

T5/RL-3/NR4
(Additional investment income)
February 28
Issued to report income allocations from split share corporations and U.S. REITS/RICS.

T5 form

RL-3 form

NR4 form

T3/RL-16/NR4
(Trust and mutual fund income)

April 1

Issued to report income on investments held in income trusts, ETFs, or capital trusts.

Note: Tax slips for mutual funds are issued directly by the respective mutual fund companies.

T3 form

RL-16 form

NR4 form

T5013/RL-15
(Limited Partnership income)

April 1

Reports gains and losses and/or distributions within a Limited Partnership.

T5013 form

RL-15 form 

Foreign Securities Report

Week of March 12

Lists any foreign assets, by country, in support of T1135 filing requirement with the CRA.

 

T5008

February 28

Reports all securities sold in an account during the calendar year

T5008 form

U.S. persons reporting

Tax slip

Regulatory / 
Expected mailing date

Overview

Sample PDFs

U.S. Persons Reporting (U.S. source income) 

January 31

IRS forms are issued to U.S. persons holding U.S. source income only, and may include the following:

<  1099-INT – issued to report interest income paid to U.S. persons; 

<  1099-DIV – issued to report dividends paid to U.S. persons subject to
     U.S. tax laws;

<  1099B – proceeds of dispositions; only issued to an individual U.S.
     person residing in the U.S.

1099-INT form

1099-DIV form

1099B form    

Non-U.S. Persons Reporting (U.S. source income)

March 15

<  1042-S – issued to report U.S. income paid to flow-through entities;
     and holders of U.S. Limited Partnerships.

1042-S form

This information has been prepared by Scotia Wealth Management and is intended as a general source of information only and should not be considered or relied upon as personal and/or specific financial, tax, pension, legal or investment advice. We are not tax or legal advisors and individuals should consult with their own tax and legal advisors before taking any action based upon the information. Opinions contained herein are our own as of the date hereof and are subject to change without notice. While care and attention has been taken to ensure the accuracy and reliability of the material in this website, neither Scotia Wealth Management nor any of its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of such material and disclaim any liability resulting from any direct or consequential loss arising from any use of the information contained herein. The information, opinions and conclusions contained herein are protected by copyright. This website may not be reproduced in whole or in part without the prior express consent of Scotia Wealth Management.