Question
Should I have the dividends declared?
Incorporated on March 16, 2021, and the first year end set to be October 31, 2021.
The corporation have $120,000 net income after tax, I will pay 30,000 dividends to myself on December 5, 2021.
Should I fill the field Dividends Declared $30,000 in the first year T2 ending October 31, 2021 ?
Thank you!
