Important Tax Slips - When do they arrive and How do they arrive?

As you know, Tax Filing season is soon starting and it is important to know about a few key documents that you will need. Here are some helpful tips!

1) RSP Contribution Slips - If you made RSP Contributions for the 2023 Tax Year in 2023 or in the first 60 days of 2024, make sure you receive your Tax Receipts. Many of these are mailed out each year but with Olympia Trust, Investors need to log in to their Online Client Portal and under Forms and Resources, the RSP Contribution Receipts for each year are all sitting there for you to Download.

2) T5 Slips for Interest - T5 slips must be sent out by the end of February each year. For Raintree Clients, these tax slips will be either mailed out, sent via email, or uploaded into the Exempt Edge Investor Portal. I recommend making a handy little paper that says how you receive each tax slip, so you can know how each company sends these out each year.

3) T3 Private Mutual Fund Trust and T5013A Limited Partnership Slips - These slips get a whole extra month to produce them and so Investors will start seeing these showing up in late March to early April each year.

4) Please note that only Non-Registered Investments send out Tax Slips - If you have investments that are inside a TFSA, RSP, LIRA, RIF, LIF,  RESP etc it means that you should NOT expect a Tax Slip for those holdings. Be careful if you have multiple investments in the same fund, both Non-registered or Registered.

5) Tax slips can also be found in your MY CRA Log in - your Accountant or Tax Filer should be able to locate ALL the Tax slips after March 30th including the T3 slips and T5013A slips. This might be an easier method for some investors to double-check that their tax slips are all there.