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Courses/Tax/Partnership Accounting & Tax *

Partnership Income and SBD Limit Updates

A 2019 update for Partnerships that is important for Tax professionals including how to maximize the T5013

Created byStefanie Ricchio
IntermediateUpdated Jun 25, 2026
Partnership Income and SBD Limit Updates

What You'll Learn

check_circleT5013 Partnership Filing Return
check_circleElimination of line numbers from Forms T5013 FIN, T5013 SCH1, and T5013 SCH6
check_circleReclassification of expenses renounced to Flow-Through Share investors
check_circleMineral Exploration Tax Credit for Flow-Through Share (FTS) investors
check_circleClean energy generation equipment: Geothermal energy Updates
check_circle84.1 Impact on estate planning, income sprinkling, kiddie tax, LTCG, refundable tax

About This Course

Partnership Income (T5013) can be tricky—especially when it comes to correctly completing the form and navigating the more complex areas like allocating the Small Business Deduction (SBD) Limit. This course is designed to help tax professionals and preparers gain clarity on the key requirements, common pitfalls, and best practices related to T5013 reporting.

You’ll explore how partnership income impacts corporate tax filings, how to assign the SBD limit among partners, and how to ensure compliance with CRA expectations. Whether you're new to partnership filings or looking for a refresher, this course provides practical guidance and the confidence to handle even the most challenging aspects of the T5013 return.

Your Instructor

Stefanie Ricchio
Stefanie Ricchio

Accounting Consultant CPA; CGA, Published Author, Professor, HuffPost Guest Blogger, Award Winning Writer

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star79 reviews

Designated Accountant with over 15 years experience within technology, 3PL, and SaaS industries. Proven track record of project management specialized in revenue optimization strategies, expense reduction, process improvement delivery and implementation. Results driven through use of technology integration to create synergies throughout company wide business units to support delivering financial and non-financial optimization and recovery of assets and resources.

Credit Information

What Students Are Saying

4.5
Student's Choice
2 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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