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Understand your T5

Learn how to understand your T5 slip and report interest income on your annual tax return.

Updated this week

A T5 tax slip (Statement of Investment Income) is used to report taxable interest income earned. This tax form is issued for Neo Chequing, Neo Everyday, Neo Savings, and Neo High-Interest Savings accounts, and some Neo Invest™ accounts if you’ve earned interest.

Find your T5 slips

Neo will email you when your T5 slips are available. You can then find your T5 slips in your account.

Neo Chequing or Neo Everyday tax slips

Go to your accounts and select your Neo Chequing or Everyday account to view your T5 slips. Here’s more information about finding your Neo Chequing or Neo Everyday T5 slips.

Neo Savings tax slips

Go to your accounts and select your Neo Savings account to view your T5 slips. Here’s more information about finding your Neo Savings T5 slips.

Neo High-Interest Savings tax slips

Go to your accounts to view your T5 slips. Here’s more information about finding your Neo HISA T5 slips.

Neo Invest™ tax slips

Go to your Neo Invest™ account to view your T5 slips. Here’s more information about finding your Neo Invest™ T5 slips.

Note: T5 slips will be available every year by the end of February. You’ll be notified when your T5 slips are available.

Information in T5 slips

T5 tax slips are used to report any earnings from interest when you’re filing your taxes. The forms will be issued for savings accounts (Neo Chequing, Neo Everyday, Neo Savings, and Neo HISA accounts) and investment accounts if the goal is a personal account.

Any interest earned will be entered in box 13.

Sample T5 slip

Here’s a sample of what a T5 slip looks like:


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