Jump to content
Français

Galanb

Members
  • Content Count

    9
  • Joined

  • Last visited

  1. Thank you Axation! Yes, there is a form T1032 in the Tax Return tab, and I can see the calculation that transfers the partial tax deduction to my wife and subtracts the same amount from my total tax deducted.
  2. I am preparing the returns for both my wife and myself. The total in line 437 "Total Income Tax Deducted" for us individually does not match the amounts of tax deducted for each of us as individuals: one is more and one is less. However the sum of the two amounts shown for my wife and myself adds up to the sum of our two sets of deductions. As an arbitrary example, let's say my total tax deductions per my T4s and other tax receipts is $7,000 and my wife's total tax deductions per her T4s etc. is $4,000. In line 437 of the Results Calculation summary it is showing my total tax deductions as $5,900 and my wife's as $5,100. T4s etc.,respectively, are = $7,000+$4,000 =$11,000. Line 437 shows $5,900 (me) and $5,100 (wife) =$11,000. Is what is showing in Line 437 correct or should it match the individual person's total tax deductions? Also, is there going to be a problem with CRA when tax receipts are matched up if Line 437 is ok as is? Thanks.
  3. I have a follow up question related to the situation I described in my posting regarding Self Employed Box 81 T2125. I informed the program that I had filed a CPT30 to opt out of CPP contributions for 2013. The effective date of the opt out I put in the program was July 1, 2013 (which is 6 weeks prior to the start of the engagement.) The agency deducted CPP (and EI) contributions, which I entered into the T4 form in the general income section. I then completed the T2125 as discussed above. My expectation was that having entered these various pieces of information that the Ufile program would determine that the (agency) deducted CPP would be considered an overpayment of CPP and that the program would recover/refund me these contributions (which is what I am trying to achieve). When I view the summary information there is no recovery/refund of the CPP contributions that were deducted in error. How can I remedy this and get these rerecovered/refunded by the Ufile program? Thanks.
  4. I have a follow up question related to the above situation I described. I informed the program that I had filed a CPT30 to opt out of CPP contributions for 2013. The effective date of the opt out I put in the program was July 1, 2013 (which is 6 weeks prior to the start of the engagement.) The agency deducted CPP (and EI) contributions, which I entered into the T4 form in the general income section. I then completed the T2125 as discussed above. My expectation was that having entered these various pieces of information that the Ufile program would determine that the (agency) deducted CPP would be considered an overpayment of CPP and that the program would recover/refund me these contributions (which is what I am trying to achieve). When I view the summary information there is no recovery/refund of the CPP contributions that were deducted in error. How can I remedy this and get these rerecovered/refunded by the Ufile program? Thanks.
  5. Thank you for your prompt response Bretonix ! Great job!
  6. Last year I worked on an engagement with a client thru an agency. The agency treated me as self employed but deducted CPP and EI contributions (not my choice or agreement!). They have issued a T4 showing these deductions but with a blank Employent Income Box 14 (... I'm not considered an employee cos I am considered self employed...). The T4 shows a note in the Other Information section, with a Box 81 and the total of my earnings, along with the same earnings amount in Boxes 24 and 26. I have created a T4 in Ufile showing exactly the above, including the Box 81 note. When I run Results, Ufile gave me a warning about "pensionable earnings entered for a T4 exceed the amount of T4 income" (problem 1), and it also tells me to complete a T2125 Business/Professional, Self Employment Income form (problem 2). So, I completed a Professional Income and Expenses form in Ufile. This form has a mandatory field (red star), into which I entered my Gross Professional Fees - my self employed earnings (same amount as that in Box 81 on the agency T4). Immediately below this field on the form is a field for "Placement or employment workers (T4 Box 81)." I entered the same amount into this field. When I ran the Results tab, the problem 2 error message went away but the self employment income on the tax calculations summary was twice what it should be - which is not what I expected as this form is the only place I could enter the Box 81 cross reference from the T4. Next I went back and deleted the (duplicate) earnings amount from the Placement agency workers field - because Ufile will not let me delete the amount from the mandatory field - and now I am back where I started with Ufile telling me I must complete a Business Income form. How can I resolve problem 2? And is it ok to ignore the warning from problem 1? Thank you.
  7. Galanb

    T4 Box 81

    Thank you for replying. I made a mistake. I meant to type in box 86, not 81. Where can I enter box 86. Thanks
  8. Galanb

    T4 Box 81

    How do I enter information for box 81 on T4 entry screen? Additional information drop-down box does not show it in list of selections.
© 2013 ImpôtExpert, Thomson Reuters. Tous droits réservés. Politique de confidentialité
×
×
  • Create New...