Get Annexe 55

ANNEXE 55 is a crucial form for Canadian corporations that pay taxable dividends. This guide will provide you with a clear, comprehensive approach to completing this form online, ensuring all necessary information is accurately captured.

Follow the steps to effectively fill out ANNEXE 55 online.

1. Click the ‘Get Form’ button to obtain the form and access it in the editor.
2. Begin by entering the legal name of your corporation in the designated field. Make sure this matches your official registration.
3. Next, provide your business number. This unique identifier is essential for processing your submission.
4. Complete the section regarding the year-end date. Enter the year, month, and day of your fiscal year-end. This information helps to determine the applicable tax year.
5. For corporations that paid taxable dividends, navigate to Section 1 if you are a private corporation controlled by Canadians or an insurance company. Fill in the total taxable dividends paid and the total designated dividends paid for the tax year.
6. If applicable, enter the CRTG (general income account) at the end of the tax year. If this number is negative, input ‘0’.
7. Calculate the excessive designation of dividends by subtracting the CRTG from the total designated dividends. This amount is crucial for tax calculations.
8. Complete the deductions for any excessive designations you chose to treat as ordinary dividends, which will affect your tax calculation.
9. If you are an other corporation, navigate to Section 2 and follow similar steps to input the relevant totals and deductions.
10. Finally, once all fields are filled out accurately, save your changes. You may download, print, or share the form as required.

Ensure your tax documents are filed accurately by completing your ANNEXE 55 online today.