Line 121 - Treasury bills

If you disposed of a treasury bill at maturity in 2016, you must report as interest the difference between the price you paid and the proceeds of disposition shown on your T5008 slip or account statement.

If you disposed of a treasury bill before maturity in 2016, you may also have to report a capital gain or loss. For more information, see "Treasury bills" in Guide T4037, Capital Gains.

Completing your tax return

Report on line 121 the total interest and investment income.

Forms and publications

• General income tax and benefit package - Guide, return and schedules
• Guide T4037, Capital Gains

Related topics

• Line 221 - Carrying charges and interest expenses
• Line 127 - Taxable capital gains

Date modified:

2017-01-04