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  4. Antoine7

    Rental property expenses

    Hello Taxing,
  5. Antoine7

    Get WAC button - where is it?

    Hi dci, In UFile T2, you could request a web access code in the EFile tab by clicking on the "Federal Efile" option.
  6. Taxing

    Rental property expenses

    Hello, I have a rental suite in my home, which takes up 30% of the house. When I'm entering expenses for the rental property in 2017 UFile, do I enter expenses for the whole house and then UFile will prorate them based on what I've already entered as personal use, or do I calculate 30% of each amount myself? For example, if my property taxes for the whole house were 1000$ for the year, would I enter 300$ or 1000$? Thanks!
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  8. jorge santos

    no 2016 files found for 2017 taxes

    i tried to import previous years files for 2017 taxes but no files were found. Don't know what happened to my 2016 file.
  9. Thanks Antoine7. However, your first link doesn't allow us to register online for a web access code. This is what that page says about . Can you be more specific? Am I missing anything here ? How to obtain a Web Access Code If you transmit your T2 return using a Web Access Code, you can apply for, and receive, this code within certain commercial tax preparation software packages without having to call the Canada Revenue Agency’s Corporation Internet Filing Helpdesk. Otherwise, contact the Corporation Internet Filing Helpdesk; please refer to the Helpdesk hours of service. Corporations resident in Canada 1-800-959-2803 Non-resident corporations We accept collect calls. 1-204-984-3594 Alternatively, you may request Web Access Codes by fax. You must provide the corporation name, Business Number and Tax Year End. Send the request to the attention of the 'Corporation Internet Filing Help Desk' in Summerside at 902-432-5938 or Winnipeg at 204-984-0418. Can you be more specific? Am I missing anything here ?
  10. dci

    Get WAC button - where is it?

    Thanks Antoine7. But I am having the question as JulieL, where is GET WAC button in UFILE T2? Ufile under "Efile" tab 5 says "If you do not have a Federal Web Access Code you may automatically retrieve one by clicking the button GET WAC".... BUT....Where is the GET WAC button? If UFILE T2 doesn't have that button, please correct the message in UFILE and tell us there is no such button in UFILE, then we will not spend time try to find it. Thanks.
  11. Hello JulieL, UFile T2 creates the *.COR extension when you transmit your tax return electronically through EFile. You won’t be able to download a *.COR extension for your tax return in UFile T2 but by clicking on the link below you could register online for a web access code or EFile number with the Canadian Agency Revenue. CRA – web access code https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/corporation-internet-filing/about-corporation-internet-filing-service.html Corporation Internet Filing Helpdesk – EFile agent number https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/corporation-internet-filing/hours-service.html#P35_1022
  12. Antoine7

    Get WAC button - where is it?

    Hello JulieL, With UFile T2, you have the option to submit the federal return electronically using a web access code or a transmitter number. To request a web access code, please contact Corporation Internet Filing Helpdesk of the Canada Revenue Agency at 1-800-959-2803 or consult the link below. CRA – web access code. https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/corporation-internet-filing/about-corporation-internet-filing-service.html
  13. I want to be able to download COR file (or .tax) from Ufile T2. That is needed for T2 submission on My Account site at CRA. I'm unable to efile from my Ufile T2 account as I require a WAC code, which I'm unable to obtain electronically since the button to do so in Ufile T2 isn't there. And yes, I know I can call the CRA, but I would need to wait another 4 days (long weekend) and they are closed. I would just like to download the COR file and upload through CRA and be done with it. Does anyone know how to download the COR file (or .tax)?
  14. I require a Web Access Code to file my T2 return electronically. 1) Ufile under "Efile" tab 5 says "If you do not have a Federal Web Access Code you may automatically retrieve one by clicking the button GET WAC".... problem... the button isn't there??? 2) CRA indicates to obtain a Web Access Code certain commercial tax preparations software packages have this capability without having to call CRA. Does Ufile have this capability?? As indicated from #1 above, if it does where is is because it is not showing on my T2 online. Anybody else having this issue?
  15. Antoine7

    where do we file our home office expenses

    Hi, You can enter the amount of the internet in the expenses section. The net amount which is equal to 90 % of the total.
  16. Antoine7

    where do we file our home office expenses

    Hello simraj, Home office expenses If you operate your business from your home office, you can deduct certain expenses from your business income. Before entering your expenses, you must determine the portion of your home that is used for your business. To enter your expenses, please follow these steps: 1- In the "Left side menu on the Interview tab", select the page "Home office expenses" under the item "Self-employment income". 2- Enter the portion (%) of the home that is used for personal purposes. 3- Enter your home office expenses in the appropriate fields. If you want to enter additional expenses that are not listed in the "Home office expenses" page, such as rent paid, enter the amount in the field "Other home office expenses - specify". Enter a description and the amount. The amount eligible for your home office expenses will be carried over by the program to line 9945 of federal form T2125 and, for Quebec residents, to line 258 of form TP-80. NOTE : The amount you can deduct for Business-use-of-home expenses cannot be more than your net income from the business before you deduct these expenses. In other words, you cannot use these expenses to increase or create a business loss. However, you can carry to subsequent taxation years any portion of the amount that you cannot deduct for the given taxation year because of this limit. For more information regarding home office expenses, please consult the following links: For the CRA: http://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4002-business-professional-income-2016.html Universal Child Care Benefits (UCCB) As of July 2016, the Canada Child Benefit (CCB) has replaced the Universal Child Care Benefit (UCCB).
  17. 1. my wife & I have a partnership company in out names and we have a professional contract by an online company based in Manitoba ( we live in Calgary). We incur a lot of internet costs (almost 100% of our monthly internet bill) related to our contractual jobs withthis online company. If we apportion only 20% of our house to the home office, and then put in the expenses,utilities property tax etc), UFile approtions only 20% of our costs to the company home office. Thisis fine. But we wish to charge 90% of our internet costs to the home office .. how do we do this.. (if we enter this cost as Others, it too gets prorated at 20%) 2. How/Do we report (if at all) universal child care since our MyCRA login did not have (this year) RC62 Appreciate any help!!
  18. tclose

    Class 14.1 transitional rules

    I am looking for an answer to this same question. Did you figure out how to change the amount of CCA claimed? Thanks!
  19. Thank you for your quick response. This clearly should be a feature that Ufile should strive to add to their software.
  20. Hello dingfend88888, Re: unused tuition fees from 2016 According to CRA rules, a dependant can only transfer the unused tuition fees for current year to his/her parent. But, the taxpayer (student) can use the 2016 unused amount in 2017 to reduce his/her payable taxes down to zero if needed or can keep them for next year.
  21. Hello Stile, Carrying forward the tax file of a member who leaves the family Please note that there is no automatic way to carry forward the information of a person who left the family. This person must enter all his or her information in a separate new file. However, in this person's new file, do not forget to enter any amount that can be carried forward to future years. These carryforwards are usually shown on the Notice of Assessment received by this person in the previous year. It is also possible to check the "Summary of carryforward amounts" page under the tab "Tax return" in his or her file of the previous year. Since this person left the family, remember to remove this person from your family file. To do this, under the tab "Interview", on the line of "Head of family", choose the person you want to remove in the family file and click "- Delete selected" and a pop-up window will appear with the question "Are you sure you want to remove all data for (the dependant or the spouse) from this file?" By clicking "Yes" you will delete all of this person's data.
  22. I have been using UFile for several years now. I have two adult children who used to be dependents, but who this tax year (2018) are no longer dependent. I wish to create new individual tax returns for them using last years information. I haven't seen a way to do this and to be honest if I have to manually enter this information, I'm going to be upset. Surely this must be a common occurrence. Dependents eventually graduate and get jobs and leave the nest. If UFile wants to continue to have me (and my offspring) as loyal customers, this needs to be a feature. Any one have any idea how to do this???
  23. The Ufile Request Number I got is UF529370, could you please take a look and help? Thanks a lot.
  24. Antoine7

    Error in UFile tax calculation

    Hi Trader48, Given the particularity of your situation, we suggest that you send your request to the UFile support group. Support@ufile.ca
  25. Antoine7

    CCA and ACB for Rental Property

    Hello Flatlander, Rental income - CCA capital additions To enter your capital additions, follow the steps below: Please note that the land is not depreciable property. Therefore when you acquire rental property, only include the cost of the building. Your rental property may belong to class 1, 3, 6, 31 or 32, depending on what the building is made of and the date you acquire it, please visit the link provided at the end of this document. 1- In the "Left side menu on the Interview tab", select the item "Rental income" and choose the subsection "CCA". 2. Choose the Category that corresponds to your situation, and on the page that appears on the right, go to the line "Description and amount of capital additions", in the first field, enter a brief description and enter the amount in the second field. 3- For the line "Application of half-year rule to current year additions" from the drop-down menu to your right, select "Yes". 4- If the property in question is not subject to the half-year rule, select "No". 5. On the line "Limit CCA or CECA for this class" if you do not wish to claim a capital cost allowance, enter $ 0.00. The cost of additions of a category already existing will be added to column 3 of Part A. Additions will appear on page 3 of federal Form T776, Parts B or C, as applicable. For more information regarding rental income, please visit the following CRA link: http://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/rental-income-line-126-net-line-160-gross.html
  26. Flatlander

    CCA and ACB for Rental Property

    Hi, I am hoping someone can help clarify a couple questions about the CCA entries. 1st question: I am used to the paper form that asks for the "total cost" of additions to the class. For that I would include all the costs of the purchase. Now ufile online is asking for the "amount of capital additions" and then "the ACB of the depreciable capital property in this class" This is the 1st year of owning the property and I am confused about what to enter in each category. Do I list only the purchase price in amount of capital additions and then add in other costs (legal fees and property transfer tax) for a ACB total? 2nd question: The apartment came with appliances, do I need to estimate a value for the used appliances and list them in their own CCA class? I am not planning on claiming any CCA this year, but I understand that I need to report the capital additions. Thanks for any help!
  27. Trader48

    Error in UFile tax calculation

    I have been using this software for many years ,but I just had a chance to go over all lines after UFile calculates the deductaion for business-use of home. I found something strange and that is the fact that after I enter my home based business expenses, UFile automatically calculates Capital cost allowance (CCA) for business use of home. So this year, after adding all expenses based on percentage of use of home, I saw CCA for home in my form 2125. It is not recommended to add CCA for business use of home,since it may jeopardize your principal residence capital gain exemption. Also, the way that software calculates is not clear. UFile adds CCA without asking any question from user if he/she wants to deduct CCA for home based business use of home. I spent a lot of time after I figured out about the issue. Very frustrating,but still could not remove CCA from my business use of home page (form 2125).( See the attached file ) It is really bithering because I have not had any intention to deduct CCA for my house ,but UFile deducted it automatically and submit it to CRA. Any suggestion is appreciated.
  28. Antoine7

    Adjustment Request - Adding Dependent

    Hello lemigar, How to request an adjustment (reassessment) to a tax return You can use the program to make an adjustment to a tax return that has already been filed. Make sure you have received your notice of assessment before asking for changes to your return. NOTE: We recommend that you keep your previously filed tax return, and prepare separately an amended tax return based on the changes you make. Print this amended tax return and compare it with your original tax return. Take note of the line numbers that are affected, as you will need them when completing your adjustment request. To do so, please follow these steps: 1- In the "Left-side menu on the Interview tab", click on "Interview setup". 2- On the page that appears to the right, scroll down to the "Other topics" section, check the box for "Adjustment request for a tax return that has been filed" and click "Next" at the bottom of the page. 3- Return to the "Left-side menu on the Interview tab", select "Adjustment request" at the bottom of the list and, on the right-hand side of the screen, click on the plus "+" symbol to the right of the form you need, either "T1-ADJ adjust a federal tax return" or for Quebec residents "TP-1.R adjust a Quebec tax return". 4- Select the "Taxation year" you want to correct from the drop-down menu to your right, and then enter the relevant information. 5- For the question "Line number of the jacket regarding the adjustment", choose the one that applies from the drop-down menu. Then, on the next two lines, enter respectively the amount that was claimed on the original tax return, followed by the revised amount to be claimed on the amended tax return. 6- If you have multiple lines to correct, click on "+ Add another" to add additional lines. 7- If you have additional information or explanations, fill out the bottom section. If needed, attach a separate sheet with your adjustment request by recording the necessary information. If applicable, provide also the corresponding line number for the credit. 8- For Québec residents who wish to amend both their federal and Québec returns, in the "Left-side menu on the Interview tab", click again on "Adjustment request" at the bottom of the list and repeat the procedure. 9- Once you have completed your adjustment request(s), click on the fourth tab "Tax Return". 10- Double check to make sure the adjustment request(s) are completed correctly. Then, click on the "Print" icon, choose the option "Selected pages" and on the list to the right, select the pages to print, i.e. the forms T1-ADJ (federal) and/or TP-1.R (Quebec). To select multiple pages, press and hold the "Ctrl" key on your keyboard when clicking the pages to print from the list. Finally, click on the button "Start printing". Please note that you cannot submit an adjustment request electronically via NETFILE. You must print and mail the T1-ADJ and/or the TP-1.R. Be sure to sign your request(s) and provide all supporting documents. Also, please make sure to include a telephone number where the CRA and/or Revenu Quebec may contact you during the day. The CRA will send you a Notice of Reassessment once your adjustment request has been processed. Revenu Québec will do the same once they processed your TP-1.R form. If you wish, you can also amend your tax return online by using "My Account" on the CRA website. http://www.canada.ca/en/revenue-agency/services/e-services/e-services-individuals/account-individuals.html For more information, please visit the following links: For CRA: http://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/change-your-return.html For Revenu Quebec: http://www.revenuquebec.ca/en/citoyen/declaration/modifier/modifier.aspx N.B. Once you add your son to the file you will find the changes done to schedule 1.
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