Guide to your 2020 investment income tax reporting package

Your tax reporting package
Requesting duplicate tax slips
Additional information slips (issued for trust units, partnership units and registered accounts)
Mutual fund investors
Tax document schedule

We have prepared this guide to help you better understand the investment income tax information being mailed to you.

Depending on your investment holdings, you may receive a variety of income tax information slips. This guide lists these tax slips and their approximate mailing dates, and indicates the information that we are required to report to Canada Revenue Agency (CRA) and Revenue Quebec.

We hope this guide will help simplify your financial life during this tax season.

REMINDER: When your tax documents become available you can access them through eDocuments.

Your tax reporting package may include:

T5 Statement of Investment Income summary
For your reference, your tax package will include a statement summary of Income and Expenses posted to your account during 2020. CRA requires BMO InvestorLine to report your investment income on this CRA authorized form. These slips will be mailed the week of February 22, 2021.

Reportable income includes:
- dividends from taxable Canadian corporations, including the value of stock dividends
- interest from Canadian sources
- foreign income (including the value of foreign spin-offs) and any foreign tax paid by you
- accrued interest earned during the year (but not yet received) on compound instruments such as GICs and Canada Savings Bonds
Note: Interest on short-term Money Market instruments and Accrual Notes cannot be reported on the T5. It is the responsibility of the investor to report this income type on their annual tax return.

Statement of securities transaction
For your reference, this statement is a summary of security trading activity for 2020.

CRA and Revenue Quebec require us to report only dispositions of securities in your account. Actual capital gain and loss calculations may require transaction information from prior years. You may wish to seek professional tax advice to assist with these calculations. These slips will be mailed the week of February 22, 2021.

RRSP contribution receipts for 2020

Details	Important dates
Contributions processed from March 3, 2020 - December 31, 2020	Mailed the week of January 11, 2021
Contributions processed from January 1, 2021 - March 1, 2021	Mailing of contribution receipts five business days after contribution is processed begins the week of January 25, 2021, and weekly thereafter.

Relevé 3 Supplementary Statement of Income (Quebec residents)
If you are a resident of the Province of Quebec, your investment income will also be reported to Revenue Quebec and to yourself on the R3 Supplementary Statement of Income. These slips will be mailed the week of February 22, 2021.

NR4 Statement of Investment Income (non-residents)
If you resided in a country other than Canada for all or part of 2020, an NR4 Statement of Amounts Paid or Credited to Non-Residents of Canada will be issued for the period of non-residency, instead of a T5. These slips will be mailed by the week of February 22, 2021.

Requesting duplicate tax slips

Duplicate requests will not be accepted for tax year 2020 until 10 business days after the listed mailing deadline.

Additional information slips (issued for trust units, partnership units and registered accounts):

T3 Supplementary, Relevé 16
Taxable income for trust units and closed-end funds are reported on a T3 and Relevé 16 (for Quebec residents) and mailed to clients the week of March 29, 2021. Depending on the timing required for all administrators to report their annual income, it is possible that two or more T3s and Relevé 16s will be issued.

T5013 Supplementary, Relevé 15
Taxable income for limited partnership units is reported on a T5013 and Relevé 15 (for Quebec residents) and mailed to clients the week of March 29, 2021. You will receive a T5013 and Relevé 15 for each of these units with reportable income.

Note: It is not necessary to have received a cash distribution in order to earn reportable income on these products.

T4RRSP, T4RRIF and Relevé 2
For clients who received registered retirement income (withdrawals from RRSP and payments from RRIF accounts), these slips will be mailed the week of February 15, 2021.

T5 Statement of Investment Income and Relevé 3 (Additional)
Will be issued to report income earned on shares from Split Corporations. The managers of these products do not report the annual income within the time frame required for the bulk T5 production. These additional slips will be mailed the week of February 22, 2021.

For mutual fund investors

For clients who invest in mutual funds, you will receive a T3 directly from each mutual fund company. BMO InvestorLine does not issue mutual fund receipts.

If you have questions about the tax forms you receive from BMO InvestorLine, please contact us at 1 888 776-6886 during our business hours from 8:00 a.m. - 5:00 p.m. ET, Monday to Friday.

Tax document schedule

Tax document	Online availability	Mailing date
Registered accounts
RRSP contribution receipts - remainder of the year	Week of January 11	Week of January 11
RRSP contribution receipts (for the first 60 days)	Week of January 25, and weekly thereafter	Week of January 25, and weekly thereafter
T4RIF/RL-2/NR4 Income from a RRIF	Week of February 22	Week of February 22
T4RSP/RL-2/NR4 Income from a RRSP	Week of February 15	Week of February 15
T4A/RL-1/NR4 Pension, Retirement, Annuity and Other Income	Week of February 15	Week of February 15
Non-registered accounts
T5/RL-3/N4 investment income	Week of February 22	Week of February 22
T5008 (Trading Summary)	Week of March 1	Week of March 1
T5/RL-3/NR4 Split Shares Investment Income	Week of February 22	Week of February 22
T3/RL-16/NR4 Trust Income Allocations –Trust Units	Week of March 29	Week of March 29
T3/RL-16/NR4 Trust Income Allocations – Capital Trust	Week of March 29	Week of March 29
T5013/RL-15 Partnership Income	Week of March 29	Week of March 29
Realized Gain and Loss Report	Week of March 15	Week of March 15
SK-METC Saskatchewan Mineral Exploration Tax Credit	Week of March 29	Week of March 29
List of Pending Tax Documents	Week of February 22	Week of February 22
Foreign Securities Report	Week of January 25	Week of January 25