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Everything posted by Gaetan

  1. Store Locator 2017

    Hi UFile User1, Thank you for the information, the store locator will be updated soon. UFile can be purchased this year at Best Buy, Staples, Walmart all around Canada (and Jean-Coutu in Quebec). It is usually available in the stores from January to the end of April.
  2. Hello sarracenia, You wish to designate unused RRSP contributions made during the first 60 days of the tax year as repayment for your Home Buyers' Plan (HBP), which is authorized by the CRA. You also contributed to your RRSP during the rest of the tax year. However, the program allows only the entry of the total balance of unused contributions as shown on line B of the taxpayer's Notice of Assessment. Moreover, federal Schedule 7 contains no line to indicate the unused contributions made in the first 60 days of the tax year that you wish to designate as a repayment under the HBP. There is, however, a satisfactory workaround. To do so, please enter your information as per the following steps: 1. In the "Left-side menu on the Interview tab", select "RRSP contributions, limits". 2. On the new page displayed on your right, in the "Your RRSP/PRPP deduction limit statement" section, enter the "RRSP deduction limit for 2016 (2015 assessment, line A)". 3. Also on the same page, for "Unused RRSP/PRPP contributions (2015 assessment, line B)", answer the first question. 4. If you answered "Yes", go to the line "Unused contributions from the first 60 days of 2016" and enter the amount that was unused. 5. If you have unused contribution from previous years, enter the amount on the line entitled "Unused contributions from prior years (excluding the first 60 days of 2016)", enter the amount. Warning: The sum of these two lines should equal the amount on line B of your last notice of assessment. 6. In the "Contributions to your own RRSP or PRPP/VRSP" section, go to the line "March to December 2016", enter the amount of your contribution, and if you contributed in the first 60 days of 2017, enter the amount on the next line. 7. If necessary, click "+ Add Another" located to the right and enter your RRSP contributions. 8. In the "RRSP or PRPP/VRSP deduction to use in 2016" section, go to the line "RRSP or PRPP/VRSP deduction to use (leave blank to use all your contributions", enter the amount of contribution that you wish to deduct this year, or leave blank to use all of your contributions. Click "Next" at the bottom of the page. 9. Return to the "Left-side menu on the Interview tab" and select "HBP, LLP and other plans and funds". 10. On the screen to the right, click the plus sign "+" icon to the right of the line "HBP Participation in a RRSP's home buyers' plan". 11. On the page entitled "Home Buyers' Plan (HBP)", on the line for "RRSP home buyers' plan repayable balance at start of 2016", enter the amount, and at the line "HBP amount that should be repaid in 2016 (on HBP statement from CRA)", enter the amount on the notice that you received. Then, enter your repayment amount on the line for "Amount of RRSP contributions designated as your 2016 HBP repayment". The program will carry over your HBP repayment amount to line 246 of federal Schedule 7.
  3. Hello TaxChef If you are receiving an error message regarding the percentage of shares is greater than the required maximum, verify the total shares held by shareholders’. In order words, the total shares held by the corporate officers may not exceed 100%. In other word, the total percentage of shares held by directors, shareholders and the signing officer cannot exceed 100%.

    Hi SOJI, If you have disposed of rental property in the tax year, please follow the steps below: 1. In the "Left-side menu on the Interview tab", select "Interview setup". 2. On the screen that appears on the right, go to the "Rental income" group, check the box for "Rental property income", and click "Next" at the bottom of this page. 3. In the "Left-side menu on the Interview tab", click on "Rental Income", and on the new page that appears to the right, select "T776 - Rental income property". 4. A page will appear on your right, entitled "T776 - Rental property identification". Complete this page. You must specify the exact date of the sale of the building, which corresponds to the end of the fiscal year of this rental property, and, once the relevant information is entered, click "Next" at the bottom of this page. 5. On the "Rental property income and expenses" page will appear on your right. Remember to check the box indicating that this is the final year of operation. Subsequently, enter the income and expenses. 6. In the "Left-side menu on the Interview tab", under "Rental Income", click on "CCA". You must choose the depreciation category that corresponds to the rental property. By clicking on the category selected, a new page is generated on the right. You must complete it properly, by making sure to indicate the date of acquisition of the property, and by entering the amount in the field for "Opening balance of the undepreciated capital cost". To do so, enter the original acquisition cost, plus the capital additions made over the years, minus the total depreciation you have taken, if applicable. 7. Enter the amount for "Proceeds of disposition of an asset", meaning the proceeds from the sale of the building as well as the "ACB of the disposition", if the original value plus the capital additions minus the depreciation that you have claimed over the years. 8. In the field for "Description and amount of expenses associated with the disposition of assets", enter the expenses incurred for the sale of the building. 9. In the field for "Calculate the capital gain and carry the result on Schedule 3", choose "Calculate capital gain" from the drop-down menu. If you have a capital gain, the amount minus the expenses incurred for the sale of the building will be entered by the program on federal Schedule 3 and on Quebec Schedule G. 10. You must also enter the information regarding the land in the appropriate page, even though this provision generates no loss. However, federal Schedule 3, as well as Quebec Schedule G if applicable, will be generated to indicate the capital gain (or loss). Do not forget to specify whether you have liquidated all the assets of this category on the line provided for that purpose, in both pages that you have completed for the property as well as for the land. For more information regarding rental income, please consult the following CRA link:
  5. Hi, Here's what I got on the CRA website: Complete change in use of a property from income-producing to principal residence 2.54 If a taxpayer has completely changed the use of a property (for which an election under subsection 45(2) is not in force) from income-producing to a principal residence, he or she is deemed by paragraph 45(1)(a) to have disposed of the property (both land and building), and immediately thereafter reacquired it, at fair market value. This deemed disposition can result in a taxable capital gain. The taxpayer may instead defer recognition of the gain to a later year by electing under subsection 45(3) that the above-mentioned deemed disposition and reacquisition under paragraph 45(1)(a) does not apply. This election is made by means of a letter to that effect signed by the taxpayer and filed with the income tax return for the year in which the property is ultimately disposed of (or earlier if a formal demand for the election is issued by the CRA). For e-filers, see the Paper documentation page on the CRA website. Also, subsection 220(3.2), in conjunction with section 600 of the Regulations, provides the authority for the CRA to accept a late-filed subsection 45(3) election. Such a late-filed election may be accepted under certain circumstances. For further particulars on the acceptance of late-filed elections, see the current version of Information Circular IC07-1 . 2.55 Even if a subsection 45(3) election is filed in order to defer recognition of a gain from the change in use of a property from income-producing to principal residence, the net income from the property for the period before the change in use must still be reported. However, for purposes of reporting such net income, it should be noted that an election under subsection 45(3) is not possible if, for any tax year ending after 1984 and on or before the change in use of the property from income-producing to a principal residence, CCA has been allowed in respect of the property to: the taxpayer; the taxpayer’s spouse or common-law partner; or a trust under which the taxpayer or his or her spouse or common-law partner is a beneficiary. CCA so allowed would cause subsection 45(4) to nullify the subsection 45(3) election. 2.56 Similar to the treatment for a subsection 45(2) election (see ¶2.50 - 2.51), a property can qualify as a taxpayer’s principal residence for up to four tax years prior to a change in use covered by a subsection 45(3) election, in lieu of fulfilling the ordinarily inhabited rule (discussed in ¶2.10 - 2.12) for these years. As in the case of a subsection 45(2) election, residence or deemed residence in Canada during these years is necessary for the full benefit of the principal residence exemption to apply. Furthermore, the rule described in ¶2.13 - 2.14 prevents the designation of more than one property as a principal residence for any particular year by the taxpayer (or, for any particular year after the 1981 tax year, by the taxpayer or any other member of his or her family unit).
  6. Paying a wage when your ....................

    Hi sparks Electric, We suggest that you contact the CRA at 1-800-959-7383 or RQ at 1-800-267-6299 for more information. We give support to UFile users to help properly enter their data into the software. However, we are not authorized to give an opinion on tax questions. We will be happy to help you enter information into the software. To do that, please provide us with all the information regarding your situation with as much precision as possible in. Depending on your situation, you also have to clearly state your choices as we are not allowed to make decisions for you. We regret that we cannot answer your question and thank you for your trust in UFile.
  7. Install Silverlight loop

    Hi everybody, If you’re experiencing issues because of Silverlight, please try accessing UFile T2 in a different web browser. We recommend the latest version of Internet Explorer. Please take note that UFile T2 does not work with Edge.
  8. Hello Mclaydon, Please contact the Support group as they may have to see a copy of the slip. UFile ONLINE: UFile for Windows:
  9. child tax benefit

    Hello Jabbour26, You can use the program to make an adjustment on a tax return that has already been filed. On the "Interview setup" page, in the "Other Topics" section, check off "Adjustment request for a tax return that has been filed" and click "Next". "Adjustment request" will appear in the left side menu. Click this option and select the form you need to fill out on the right-hand side of the page. You can also contact the CRA or Revenu Quebec to order the form that you will fill out and resubmit by mail or visit "My Account" at the CRA website ( to complete the T1-ADJ Adjustment Request form online. If you are using the program, you will have to print out and mail the completed T1-ADJ plus copies of any relevant documents. You cannot transmit a T1-ADJ via NETFILE. The CRA will send you a new Notice of assessment after they have processed the adjustment. Regarding your question on child tax benefit, we suggest that you contact the CRA at 1-800-959-7383 or RQ at 1-800-267-6299 for more information. We give support to UFile users to help properly enter their data into the software. However, we are not authorized to give an opinion on tax questions.
  10. Tuition credits

    Hello One thought, Depending of their income in the last years, the software will use the necessary credits for each year. We suggest that you contact the CRA at 1-800-959-7383 for more information.

    Yes but please make sure that you reinstall it in a different location. I suggest your desktop.
  12. T2 for Not for Profit

    Hello eastside, Certain criteria’s are required in order to use UFile T2. For more information about "Who can use UFile T2" and the list of the support forms, please view the link below. Who can use UFile T2 Supported forms UFile T2 does not support Non-profit organization However, we do offer DT Max, our professional line of software, that is designed to help you prepare these types of tax returns. For more information on DT Max, please consult the following links:

    Hello Jacob Gallant, Please make sure you have no other applications running during this process. To remove UFile 2016 for Windows, please follow these instructions: 1. Go to "Start". 2. Go to "Settings". 3. Select "Control Panel". 4. In the "Control Panel", depending on your operating system, select "Programs and Features" or "Add/Remove Programs". 5. Locate UFile 2016 and click "Remove". To reinstall: 1. Download the latest UFile 2016 full installation from: 2. Save it to your Desktop, then run (re-install) it from there.
  14. T4 Box 39

    Hello Satvinder B, Please look at the attached screenshot to find the box with a arrow to open the dropdown menu.
  15. Tax On Capital Page Warning Message

    Hi Soundscape, Please contact the Support group as they may have to see a copy of the file. UFile ONLINE:
  16. Hi Mutaz, Please contact the Support group as they may have to see a copy of the file. UFile ONLINE:
  17. Exporting?

    Hi ChrisO, Please contact the Support group as they may have to see a copy of the file. UFile ONLINE:
  18. Exporting?

    Hi, Would you please be more concise about "export my data for the following year"?
  19. Exporting?

    Hi ChrisO, With Mac OS X, we recommend that you download the latest version of Mozilla Firefox, Google Chrome, Opera or Safari. If you would like to learn more about our system requirements for UFile ONLINE, please visit our website.
  20. Hi, In order to enter information about your current year 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 option that corresponds to your situation, and in the page that appears on the right, go to the line "Amount of capital additions" and enter the amount. 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". Additions will appear on page 2 of federal Form T776, in sections B or C, as applicable.
  21. Hi, The help menu at the left of "Maintenance and repairs (related to the units rented only)" says: Are you unsure whether a given expense is a capital expenditure or a current expense? Look at it this way: Is it improvement or maintenance? Improvement implies that the property is somehow upgraded. Maintenance is meant to return the building, room or other component to its original state or function. Improvements are capital expenditures, whereas maintenance repairs are current expenses. It's up to you to decide whether or not these are maintenance or improvement expenses.
  22. Hi Marcus, You can contact Revenu Québec (1-888-811-7362) or consult Revenu Québec's website by clicking the "Access" button under "My account" on the right of the screen:
  23. Hi Kushwood, Is the house your principal residence or you get revenue from it? For more information regarding rental income, please consult the CRA website at the following link: