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Mar 05, 2020 7:15 am
I’m a non-resident who has Canadian sources of income through some work as an independent contractor for a Canadian company and a Canadian savings account. My bank sent me a T5 slip for the interest from my savings account instead of the NR4. I have to a file a Canadian tax return because of my contractor work, but what should I do with the T5? Should I not file it at all or should I request a NR4 from my bank?
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Mar 12, 2020 5:17 pm
Ask your bank to cancel the T5 slip and issue an NR4 slip instead. Do not report interest income on a Non-Resident Candian Tax Return.