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JRBooks1
Level 3

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A T5 is only to be issued by the PAYER of the funds, not the recipient.  The songwriter needs to keep track of all payments - hello, Excel - but does not him/herself fill out any slips.  However, the amount received does have to be reported on the T1, presumably on a T2125 or you can use the "OtherIncome" tab to sort out where you want the income reported.

 

Jo