Report the amounts of wage or rent subsidy you received for the tax year on both Schedule 1 of your T2 Corporation Income Tax Return (T2SCH1) and the General Index of Financial Information (GIFI). On the GIFI, include the subsidy you received at line 8242. On Schedule 1 of your T2 Corporation Income Tax … See more Include the total wage or rent subsidy amount you received for the tax year on line 19, “Other income” of your T3 Trust Income Tax and Information Return. If you are a member of a partnership, you should also enter any wage … See more If you are an income tax-exempt entity (such as a registered charity or a non-profit organization) that has received a wage or rent subsidy amount as an eligible entity, you may have … See more Report the amounts of wage or rent subsidy the partnership received for the fiscal period on both Schedule 1 of your T5013 (T5013SCH1) and the General Index of Financial … See more If you are an individual who has received a wage or rent subsidy amount as an eligible entity, report the total amount you received on the statement of activities form(s) that apply to your situation. See more WebJan 21, 2024 · The CEWS received by an employer will be reported for tax purposes in one of two ways: either under section 9 (1) of the ITA, or, if not included there, then under …
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