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clw

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clw last won the day on March 31

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  1. My daughter is in a similar situation; non-resident Canadian living in France. She files a non-resident federal return by mail, and pays the 48% surtax on Canadian sourced income. This income is not taxed on the French income tax return by reporting it in section 1.1 (Salaries) box 1AF (foreign income taxed in another country), this amount is repeated in section 8 (income tax withheld at source) box 8TK, which indicates that the entire amount reported in 1AF was taxed in the foreign country. Note that the amount of tax paid in Canada is not reported anywhere. Hope this helps!
  2. Since there is no way of removing a family head in a Ufile file, the only solution is to start new returns in a new Ufile file for surviving spouse and children.
  3. You can specify the start and end dates in the medical expenses dialogue. Also, make sure you use the same date format for the individual receipt entries.
  4. From an earlier post by Geo123: Our recommendation is to enter only one entry manually from your recap report or the Capital gains realized report you receive from your broker.Please note that it is not necessary to download all your T5008 slips. One manual entry of the total amount showing the Proceeds of disposition and the cost / book value is sufficient.Note that even if you download all the T5008 slips, only the total amount is sent to the Canada Revenue Agency (CRA) and if applicable Revenu Québec. The government agencies have already received copies of these slips and it is not necessary to itemize them in the software. The brokerage or investment dealer should be able to provide a consolidated statement of activity for the year, with totals.
  5. There is only one way to correct an overcontribution: fill out and mail in a T1-OVP form.
  6. Autofill saves typing in data, but you still need to scrutinize the slips that are downloaded for accuracy. Slight differences in payer names can result in doubling up of slips, thus doubling income. Most CRA slips download correctly to their Quebec equivalents, except for Quebec income tax withheld. Personally, I download CRA only and add the RQ data manually.
  7. Just before the download begins, you are prompted to remove any check marked items to be downloaded. This is where you can specify newer slips only. Otherwise, Ufile will always increment the slips.
  8. If the surviving spouse is still living in the same residence then: Where the principal residence is transferred to the spouse or common-law partner of the person who died, or to a testamentary spousal or common-law partner trust: A principal residence designation for the period before death is not required in the Final Return The deemed disposition of the property and any capital gain or capital loss is not required in the Final Return. From: https://www.canada.ca/en/revenue-agency/services/tax/individuals/life-events/doing-taxes-someone-died/prepare-returns/report-income/capital-gains.html
  9. If you are an executor or legal representative, you can sign. Remember to include a copy of the death certificate and the last will and testament with the final return.
  10. A credit card is not an existing ‘reserve of wealth, nor money’ , so I don’t see how it could be reported under T1135.
  11. You can assume that what CRA has is the accurate and complete information.
  12. Charlene Fang, yes you can, Ufile only sends the totals anyway, not the detail, which the CRA already has.
  13. Capital losses can only be claimed against capital gains from the previous three years or applied to future gains indefinitely. If you had gains in 2020, you could offset your losses in that year. This does not affect your 2023 return.
  14. The RL-18 is the Quebec provincial equivalent to the federal T5008. If you entered the federal slip, it will transfer automatically to the RL-18 slip.
  15. You must be able to print out your return and mail it in, so not sure about Ufile online. Ufile for Windows works well for non-residents..
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