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Email this1:18 pm
January 7, 2023
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I just received my T5 slips from CWB for my Motive accounts that were migrated to NBC.
NBC will issue T5 slips for the period post migration.
5:43 pm
November 18, 2017
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The last of my tax slips are in now, in a bunch today.
RetirEd
6:03 am
November 15, 2018
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Warwick111 said
I just received my T5 slips from CWB for my Motive accounts that were migrated to NBC.
NBC will issue T5 slips for the period post migration.
Did you receive your T5 from CWB via snail mail or was it online?
6:35 am
November 15, 2018
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TD Direct Investing (Web Broker) T3 is available online.
8:30 am
October 27, 2013
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dommm said
TD Direct Investing (Web Broker) T3 is available online.
I am surprised brokerage account T3s would be available this early (as compared to T5s of which are sometimes available by mid-Feb). Maybe a MMF T3 this early but not broad based T3s.
9:15 am
April 6, 2013
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Are we sure it is a T3 slip from TD Direct Investing?
Non-registered brokerage accounts are usually not organized as trusts. So, the slip from the broker for dividends and interest would be a T5 slip.
Brokers doesn't usually provide the slip for mutual funds held by the account. The mutual fund company issues the T3 or T5 slips for the mutual funds.
10:12 am
June 22, 2023
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I am pretty sure that Norman1 and AltaRed's spider senses are correct. I just downloaded my RBC Direct T5 slip today, which is my most significant tax slip. Charlotte's (Norman's/Red's) web to the rescue.
10:24 am
January 7, 2023
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Norman1 said
Are we sure it is a T3 slip from TD Direct Investing?Non-registered brokerage accounts are usually not organized as trusts. So, the slip from the broker for dividends and interest would be a T5 slip.
Brokers doesn't usually provide the slip for mutual funds held by the account. The mutual fund company issues the T3 or T5 slips for the mutual funds.
My T3 slips from TDDI report dividends and capital gains for my TD mutual funds only. Interests from my ISA account is reported on a T5 slip.
10:25 am
January 7, 2023
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dommm said
Did you receive your T5 from CWB via snail mail or was it online?
via snail mail
10:51 am
February 22, 2024
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This might be a dumb question but why do some mutual funds issue T3 slips and other mutual funds issue T5 even though they pay dividends and capital gains?
10:56 am
April 6, 2013
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It is a T3 slip (Statement of Trust Income Allocations and Designations) if the mutual fund is organized as a trust.
Otherwise, it is a T5 slip (Statement of Investment Income).
The tax return the mutual fund files is also different depending on whether it is organized as a trust or not.
3:01 pm
February 22, 2024
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Norman1 said
It is a T3 slip (Statement of Trust Income Allocations and Designations) if the mutual fund is organized as a trust.Otherwise, it is a T5 slip (Statement of Investment Income).
The tax return the mutual fund files is also different depending on whether it is organized as a trust or not.
Is there any advantage of one over the other?
3:35 pm
January 7, 2023
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I just received my T5 slip from Outlook Financial via snail mail today.
8:10 pm
April 6, 2013
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itsme said
Is there any advantage of one over the other?
Yes, each (a mutual fund corporation and a mutual fund trust) has advantages and disadvantages over the other. The mutual fund company will select the one that is better for what they are trying to pitch.
"Corporate Class Funds" section of this older RBC GAM: Taxes & Investing in Mutual Funds has some details, including a 2017 tax change that neutralized one of the advantages of mutual fund corporations.
8:23 pm
October 27, 2013
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Warwick111 said
My T3 slips from TDDI report dividends and capital gains for my TD mutual funds only. Interests from my ISA account is reported on a T5 slip.
TD must be somewhat unique in having the brokerage TDDI issue T3 slips for TD mutual funds. I would think they would normally come separately from the asset management side (TDAM) of the TD organization per my prior experience with a few brokerages over the past 30 years. Hence the surprise reaction to post #44 on this matter (an incomplete post in my opinion).
5:49 am
November 15, 2018
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This is what I downloaded after logging into my TD Web Broker account & searching for Tax Documents. 
8:48 am
January 12, 2019
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.
I've just been advised via email that Tax Slips
are now available online @ NBoC.
O & O,
- Dean
" Live Long, Healthy ... And Prosper! "
9:41 am
October 27, 2013
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dommm said
This is what I downloaded after logging into my TD Web Broker account & searching for Tax Documents.
That is way more clear.... a T3 tax slip for a MMF (money market mutual fund) is the simplest and quickest T3 tax slip to issue of all mutual fund families. I have seen such T3 MMF tax slips issued 'early' in the past as well.
9:43 am
April 6, 2013
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dommm said
This is what I downloaded after logging into my TD Web Broker account & searching for Tax Documents.
…
The T3 slip isn't from TD Direct Investing. It is from the trust TD Canadian Money Market Fund.
TD Direct Investing is just delivering the slip and is not the issuer. Slips issued by TD Direct Investing would be from the corporation TD Waterhouse Canada Inc. or from their carrying broker.
