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April 25, 2024
Question

T5, Box 30, Equipty linked notes interest

  • April 25, 2024
  • 1 reply
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The interest amount on my T5, reported in box 30, is tax deferred over the past 15 years. Is it possible to report a portion of this interest income in a prior year?

    1 reply

    TurboTaxSusan
    April 25, 2024

    No. Income has to be reported the year it's received.