T2SCH54 Low Rate Income Pool (LRIP) Calculation

Use this schedule to calculate the balance of the low rate income pool (LRIP) at any time in the tax year if you are a corporation resident in Canada that meets the requirements.

Ways to get the form

• Download and fill out with Acrobat Reader

  You must download and open fillable PDFs in Acrobat Reader 10 or higher.

  • Accessible Fillable PDF (t2sch54-fill-24e.pdf)
  Previous years: Accessible Fillable PDFs

  This form is also available for the years listed below:

  • 2021 – Fillable PDF (t2sch54-fill-21e.pdf)
  • 2019 – Fillable PDF (t2sch54-fill-19e.pdf)
  • 2017 – Fillable PDF (t2sch54-fill-17e.pdf)
  • 2015 – Fillable PDF (t2sch54-fill-15e.pdf)
  • 2007 – Fillable PDF (t2sch54-fill-07e.pdf)

• Print and fill out by hand

  • Standard print PDF (t2sch54-24e.pdf)
  Previous years: Standard print PDFs

  This form is also available for the years listed below:

  • 2021 – Standard print PDF (t2sch54-21e.pdf)
  • 2019 – Standard print PDF (t2sch54-19e.pdf)
  • 2017 – Standard print PDF (t2sch54-17e.pdf)
  • 2015 – Standard print PDF (t2sch54-15e.pdf)
  • 2007 – Standard print PDF (t2sch54-07e.pdf)

• Ask for an alternate format

  You can order alternate formats such as digital audio, electronic text, braille, and large print.

  • Order alternate formats for persons with disabilities