AIM Trimark has released its 2003 T3 and T5 Tax Reporting Guides. The purpose of these guides is to provide investors with assistance in reporting the tax implications of their mutual fund investments, whether structured as mutual fund trusts (T3 Guide) or mutual fund corporations (T5 Guide).
Each guide contains step-by-step instructions for on how to take the tax information from the boxes of the T3 or T5 reporting slips and report it on the appropriate line of a personal tax return.
In addition, the guides contain a snapshot of the federal Schedule 3, “Capital gains (losses) in 2003” and provide detailed guidance on how this form should be completed in respect of mutual fund dispositions throughout 2003.
Both guides are available for downloading from the AIM Trimark Web site