Showing results for 
Search instead for 
Did you mean: 
Level 1

fill in T5 with Profile

If  the song writer received the royalty payment ,but no T5 was issued by the company, need the writer fill in T5 slips?

1 Comment 1
Level 3

fill in T5 with Profile

A T5 is only to be issued by the PAYER of the funds, not the recipient.  The songwriter needs to keep track of all payments - hello, Excel - but does not him/herself fill out any slips.  However, the amount received does have to be reported on the T1, presumably on a T2125 or you can use the "OtherIncome" tab to sort out where you want the income reported.