This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
I searched the forum but couldn't find this specifically. My husband has a T5 showing 1500 in "Capital Gain Dividends". Is this the same in the US as a capital gains distribution or is this a dividend? The reason I ask is I'm not sure if I should declare it on Schedule B or D. Having capital gain and dividend in the same sentence is blowing my mind.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best