415 – Dividend tax credit
To claim a tax credit for dividends from taxable Canadian corporations, add the amounts from box C of all your RL-3 slips, box 44 of all your RL-15 slips, box J of all your RL-16 slips and box G of all your RL-25 slips, and enter the total on line 415.
If you did not receive an RL-3 slip, RL-15 slip, RL-16 slip or RL-25 slip for any of the dividends reported on line 128, enter the result of the following calculation on line 415: the amount on line 166 multiplied by 16.2564% plus the amount on line 167 multiplied by 6.3825%.
- If you are claiming a deduction for split income on line 295 and are entitled to a dividend tax credit for the income qualifying for the deduction, you cannot claim the credit on line 415. Instead, complete form TP-766.3.4-V, Income Tax on Split Income, to calculate the dividend tax credit on your split income. The tax credit will reduce the income tax on split income that you must enter on line 443.
- You cannot claim a dividend tax credit for dividend income (or any portion thereof) deducted on line 293 or entitling you to a deduction on line 297 (point 9).