Credit Union Dividends Form 11

wos · 11-11-2015 10:14PM #1

Hi,

I am completing Form 11 for 2014 - I received credit union dividends where the DIRT was already taken.

There is a section for (c) Irish Credit Union Dividends, however this clearly states Irish Untaxed Income.

Where and how exactly should this be entered in Form 11 as I wish to still disclose this (i.e. I am unsure if the dividend amount after DIRT was deducted at source is to be considered as income for tax calculation purposes)?

Thanks for the help.

HcksawJimDuggan · 11-11-2015 10:17PM

It should be disclosed under "Gross Deposit Interest Received on which DIRT was deducted Taxable at 41%"

Only dividends on which no DIRT was deducted should be included in the Irish Untaxed Income section.

Gross figure should be included and you will get a credit for the DIRT paid in the calculation section. It will be shown as Retention Tax Credit.

wos · 11-11-2015 10:48PM

Great - and thanks for the detailed response.

Credit Union Dividends Form 11

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