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Canada Revenue Agency 
 
T3 SCH 8 E (11) 
 
SCHEDULE 8 
 
INVESTMENT INCOME, CARRYING CHARGES, AND GROSS-UP AMOUNT OF DIVIDENDS 
RETAINED BY THE TRUST 
 
T3 Year ^
 
- Enter the applicable tax year in the box above. Include a completed copy of 
this schedule with the trust's return. 
 
Part A - Calculating investment income and carrying charges 
 
- Include any information slips received. 
 
- Enter the names of the payers at the appropriate lines below. If there is 
not enough space, attach a separate sheet. 
 
- Include amounts credited through agencies such as banks, trust companies, 
and brokers. 
 
Dividends from taxable Canadian corporations 
 
Line 1 and line 8110: Actual amount of dividends other than eligible 
dividends from taxable Canadian corporations (box 23 of T3 slip or box 10 of 
T5 slip) ^ 
 
Line 2 and line 8120: Actual amount of eligible dividends from specified 
taxable Canadian corporations (box 49 of T3 slip or box 24 of T5 slip) ^
 
Line 3: Total of the actual amount of dividends from taxable Canadian 
corporations (line 1 plus line 2) = ^
Enter the amount from line 3 on line 03 of the T3 return. 
 
Foreign investment income 
 
Line 4: Interest from foreign sources ^
 
Line 5: Other foreign investment income ^
 
Line 6: Total foreign investment income (line 4 plus line 5) = ^
Enter the amount from line 6 on line 04 of the T3 return. 
 
Other investment income 
 
Interest: 
Line 7: Bonds, trust companies, banks ^
 
Line 8: Other deposits ^
 
Line 9: Mortgages, notes, and other securities ^
 
Line 10: Other dividends (including dividends received under a dividend 
rental arrangement) ^
 
Line 11: Other ^
 
Line 12: Total other investment income (add lines 7 to 11) = ^
Enter the amount from line 12 on line 05 of the T3 return. 
 
Carrying charges and interest expenses 
 
Line 13 and line 8160: Interest on money borrowed to earn investment income ^
 
Line 14 and line 8170: Management, safe custody, or accounting fees ^
 
Line 15 and line 8180: Investment counsel fees ^
 
Line 16 and line 8190: Other ^
 
Line 17: Total carrying charges (add lines 13 to 16) = ^
Enter the amount from line 17 on line 21 of the T3 return. 
 
Part B - Calculating the gross-up amount of dividends retained or not 
designated by the trust 
 
Line 18: Total eligible dividends reported before applying expenses (line 2 
above) ^
 
Line 19: Eligible dividends designated to beneficiaries (line 949, Part A of 
Schedule 9) ^
 
Line 20: Total eligible dividends not designated by the trust (line 18 minus 
line 19) = ^
 
Line 21 and line 8239: Eligible dividends allocated, but not designated, to 
non-resident beneficiaries (eligible dividends from line 926, Column 2 of 
Schedule 9) ^
 
Line 22: Total eligible dividends available for gross up (line 20 minus line 
21) = ^
 
Line 23: Multiply line 22 by 41%. 
 
Line 24: Gross-up amount of eligible dividends retained or not designated by 
the trust = ^
 
Line 25: Total dividends other than eligible dividends reported before 
applying expenses (line 1 above) ^
 
Line 26: Dividends other than eligible dividends designated to beneficiaries 
(line 923, Part A of Schedule 9) ^
 
Line 27: Total dividends other than eligible dividends not designated by the 
trust (line 25 minus line 26) = ^
 
Line 28 and line 8240: Dividends other than eligible dividends allocated, but 
not designated, to non-resident beneficiaries (dividends other than eligible 
dividends from line 926, Column 2 of Schedule 9) ^
 
Line 29: Total dividends other than eligible dividends available for gross up 
(line 27 minus line 28) = ^
 
Line 30: Multiply line 29 by 25% 
 
Line 31: Gross-up amount of dividends other than eligible dividends retained 
or not designated by the trust = ^
 
Line 32: Total gross-up amount of dividends retained or not designated by the 
trust (line 24 plus line 31) = ^
 
Privacy Act, Personal Information Bank number CRA PPU 015