Jump to content
Français

Search the Community

Showing results for tags 'T5'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Ufile Test
  • UFile Online
    • Getting started
    • Technical questions
    • NETFILE and filing
    • Prior years
  • UFile for Windows
    • Installation and update
    • NETFILE and filing
    • Technical questions
    • Prior years
  • UFile PRO
    • Technical questions
    • Prior years
  • UFile T2
    • Technical questions
    • Prior years
  • Tax questions
    • Reporting income
    • Credits and deductions
    • Prior years

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


AIM


MSN


Website URL


ICQ


Yahoo


Jabber


Skype


Location


Interests

Found 3 results

  1. Box 27 is missing from the T5 form in UFile 2022. This box is important as it indicates the currency code for the slip. By missing it in the app a user may not realize that an exchange rate must be added to the slip if the original slip is in a foreign currency. The form in the app has in the heading "Enter all amounts in Canadian dollars." but this is not true of the original slips as they can be issued in other currencies. The form does have a field for entering an exchange rate. Users should be careful when checking values in any T5 downloaded from the CRA site as the currency code will not be indicated in the downloaded information.
  2. What does Ufile do in this situation? I reported a T5, mark the field for JOINT ACCTs with ''50%'' and the forget to say ''YES'' on the question ''Do you wish to transfer the remainder to your spouse's tax return (if applicable)?'', what does Ufile do?? On my 2019 return I had in three instances forgotten to say ''YES'' and the result was that the program seemingly only reported 50 % on my income and dropped the other 50%, resulting in an incorrect combined total. There should be a safety check, if the field for the percentage box is not blank then the next question MUST be YES. I cannot see a situation where one would report interest and give a percentage to split with spouse and then not want to do so by leaving the next box blank. Or is there one?? Many thanks. I should add, the resulting transfer to CRA was exactly short by half the amount, but seemingly showed a refund on the total amount in print.
  3. Hi Not sure if it's a bug or just some tax related rule... I am filling in a T5 for my spouse foreign income with rough number like (USD) Box 15: 300$ Box 16: 50$ I noticed that the amount of Box 16 (foreign income tax paid on dividends income) doesn't affect the total refund Shouldn't the amount of tax paid affect the bottom line, or it doesn't matter if the foreign tax was paid or not?
×
×
  • Create New...