I have this sample red image 16"x20", with 1.5" white padding and 4px black border. I created the border in Photoshop using Layer Style Stroke
The print will be on canvas, and the border is to be the cut line. The problem is that the 1.5" white squares in each corner need to be cut out, so that the 4 white sides can be folded down, something like this
+---------+ | | +-+ +-+ | | | | | | +-+ +-+ | | +---------+
How can I create this type of border with Photoshop or Illustrator?