Form T3 Statement of Trust Income Allocations and Designations - Canada (English / French)

T3 Tax Form Instructions

The document is presented in the form of a chart, which is accompanied by instructions on how to use the information presented there. Form T3 consists of several parts, which include the following:

1. Introduction. The form starts with a title which is presented in both English and French. Here the taxpayer can also find a first gap to fill out - the year when the form is completed.
2. Income Information. In this section of the document, the taxpayer can declare the income they have received in the form of dividends from Canadian corporations. In addition to this, the taxpayer must report information about the interest, capital gains and other types of investment income they have received.
3. Recipient's Information. Taxpayers can use this part of the T3 Tax Form to designate their name, address, social insurance number (or business number), etc.
4. Trust's Information . Here, the taxpayer can state the name and the address of the trust if their income is held within a trust.
5. Instructions. On the reverse side of the document, the taxpayer can find guidelines that are supposed to help them fill in the document.

According to the instructions, if the taxpayer is filing Form T3 on paper they must attach one copy of it to their tax return and submit it to the CRA, keep another copy in their records, and give two separate copies to the beneficiary.