An error with the 2015 tax slips recently sent to clients for Malachite Aggressive Preferred Fund has come to my attention: the amounts filled in for Box 50 (Taxable amount of eligible dividends) and Box 51 (Dividend tax credit for eligible dividends) are incorrect.
Replacement slips will be sent to clients shortly. In the interim:
Box 49 (Actual amount of eligible dividends) is correct
Box 50 (Taxable amount of eligible dividends) should be 1.38 times the amount shown in Box 49
Box 51 (Dividend tax credit for eligible dividends) should be 15.0198% of the amount in box 50.
Although the error is my responsibility, I confess to some surprise that the CRA “Web Forms” application with which the slips were prepared did not catch the error.