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May 11, 2023 3:54 pm
Hi Allan,
I just started investing in some REIT stocks through my corporation. I thought all the payouts were dividends but when I got the T3, they were classified under other income and capital gains distributions. My question is, how do you report the capital gains distributions on the T2 even though no actual shares were sold?
Thanks for your time.
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May 18, 2023 2:21 pm
Report capital gains distributions on Schedule 6 of the T2 corporate tax return.