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Found 23 results

  1. Last year when I filed with UFILE, I forgot to report specific RRSP contributions from 2016. So I put a note to deal with them in my 2017 UFILE reporting but I am unclear where or how I would report those contributions?
  2. KMm

    RSP

    I have a RSP receipt , it does not say RRSP it actually states: Royal Bank Registered Savings Plan Registered under the income tax act and subject thereto Is it still claimed under RRSP
  3. I received late a RRSP slip and I would like to include it in the declaration. I am already over my limit for the year so I won't get deduction from this contribution but I need to declare it so I can use it next year. I found how to make adjustment requests but it doesnt seem possible to amend anything related with RRSP. Am I not finding it or it's just not possible? Thanks for help
  4. I am getting a warning from Ufile that says "Your RRSP contribution exceeds your deduction limit". When I reduce the contribution my tax refund also goes down. So I am wondering what this warning means? How can I calculate the correct contribution to maximize my return?
  5. When UFile self populated the values from my 2015 tax return, it gave an RRSP contribution limit of approximately $6500. When I look at line A of my 2015 assessment it says I have $69,000 worth of contribution allowed. How could these numbers be so different? Using UFile's numbers means I owe taxes and using CRA's numbers means I get a refund.
  6. Hi all - been a long time UFile user (10 years). I have run into an issue this year and I'm not sure why. So, got hitched in 2016. My spouse contributed $10,500 to RRSP and we have a combined income of $125,000. Why are they only getting $1,500 back??? I don't understand. It should be in the magnitude of $3,500!! Please help - it's virtually impossible for us to see why with this software.
  7. RRSP repayment question: If my spouse took RRSP withdrawal under the HBP in 2015 to buy our house, can he designate the RRSP contributions that he made in 2015 as repayments under the HBP on our tax return this year? He has always been continually contributing to his RRSPs (set up through his work) so the contributions are there. We want to designate the repayments in this tax return. Is it possible? Note that we haven't received the HBP Repayment schedule from CRA yet. I heard that they will come later (not sure when) but that we can also repay back as soon as we want. So we choose to do it now during this tax return with the contributions he has made in 2015. Caregiver question: How do we claim a portion of the Caregiver Amount as my mother lived with me in 2015 for half the year. I would like to claim 50% of the amount. When I go to check "claim a portion of this amount", Ufile would ask me to put in the "amount of this portion" that I want to claim. For the sake of an analogy, would I put in $2300 if I want to claim half of it, say if the maximum amount that can be claimed is $4600? Lastly, if my spouse and I claim our return together, I would create myself as the Family Head and I would just add a spouse. This should generate two returns so that we each could netfile separately, correct? We will use the UFile Online version. So spouse only has to pay $10 additional for his return? Is this correct? I want to make sure that he doesnt have to create his own user name and password account with Ufile to file again for himself. Thanks in advance for any assistance!
  8. Has anyone come across the issue where RRSP Schedule p1 has entries for Spousal plan when there is no spouse on the tax file? I'm single so have no idea how those numbers came to be. Ufile seem to have taken my Line (B) number from my notice of assessment and entered it twice (once for me, and once for a spouse). I could not understand why I was getting an over contribution warning until I looked at the actual tax return forms and noticed this mysterious entry. I went back to my 2014 Ufile which I imported and there was no issue back then. Not sure how to correct that.
  9. Hi guys I'm seeing a bug in your software. I'm getting the error "A required field was left blank" with a link to the RRSP deduction limit field, but I have not left the field blank. I used the new CRA Auto-fill feature. If I start over and don't use Auto-fill, the problem doesn't occur. So basically you can't use Auto-fill. Too bad.
  10. where to enter the amount on Line 14 on Schedule 7 representing the amount of retirement allowance transfer ?
  11. where to enter the amoun on Line 14 on Schedule 7 representing the amount of retirement allowance transfer ?
  12. Hello, I have a problem with filling my tax forms this year and I would be thankful if some helps me here. I have to repay $1250 to my HBP and I contributed $2000 in January for repaying HBP. I understand that in filling my tax forms I need to include $2000 as the RRSP contribution and then designate $2000 as HBP repayment. But my RRSP deduction limit is zero (due to pension adjustment). I wonder if it is okay to contribute $2000 for zero RRSP deduction limit and then use this as HBP repayment. Thanks.
  13. Hello, I'm trying to find out answers to the three following questions: 1) Is it mandatory to enter RRSP deductible for every year? The program doesn't let me pass if I don't enter anything in the field, unless I put "0", but this isn't right since I did have RRSP deductibles in the 2014 fiscal year. It doesn't change the amount of my return though. Was just wondering if I could remove that RRSP form from the program completely. 2) Would you know if I can claim the solidarity tax from QC if I chose not to in 2012 fiscal year? What happened if that for some reason by Ufile didn't tick the "Yes" back then and I didn't see it. Any way to reclaim them thru 2014 fiscal year instead? 3) I was on employment insurance until July 2014, and then on welfare for the rest of the year. Your program doesn't seem to allow me to split my medical insurance because the option "Exemptions" doesn't seem to apply to me. I had to choose "Govt coverage, all year" instead. But when I was buying meds during the first half of 2014, I actually paid for them and kept all the receipts. Does it mean that in order to get those amounts back I would have to enter them in the "Medical expenses" section? Since it was EI, are they even claimable? Thanks and please come back to me, this is important.
  14. I think I'm experiencing a bug in the import of my 2013 tax return, and would like to know whether the workaround steps I've taken are appropriate. Any help would be much appreciated! In 2013, I overcontributed both to my RRSP and to my spouse's, and so I am bringing forward unused contributions in 2014. I used Ufile for Windows in both 2013 and 2014, and so I got Ufile to carry forward my u13 file to begin. Before I enter any more information, the 2014 RRSP Schedule shows my unused spousal contributions carried forward correctly, but not my own RRSP's unused contributions. I then proceed to enter my unused contributions from line (B) on my 2013 notice of assessment (a number which accounts for my overcontributions to both my and my spouse's RRSP). The RRSP Schedule then sums that number with the carried forward number, effectively double-counting my unused spousal contributions from 2013. This looks like a bug. Unfortunately, I cannot find any way to delete the carried forward spousal contribution or supply the missing carried forward RRSP contribution. My workaround is to subtract the unused spousal contribution from line (B) and enter that difference as my undeducted contributions in the "RRSP contributions, limits" form. Can anyone confirm whether what I'm seeing is a bug or my misunderstanding of how the software is intended to work? Also, have I picked a good workaround or should I try to solve this another way? Thanks!
  15. Hello. I have the following situation and I dont know where to put what Starting in 2013, I need to start replacing shared I used in 2011 to buy my first home. the amount I must refund, per year is 1500$. In 2013 (after the first 60 days) I have a Releve 10 from Fond De Solidarite FTQ It says A => 1000$ B => 150$ And then in the Right Corner, It says RECU FINS D'IMPOTS => 2000$ the way i understand, we i took out 24000$ from my RRSP in 2011 to buy my house, 15000$ was from FTQ. So they figured I owe back 15000$ of FTQ shares and are going to take 1000$ a year. I am fine with that. the A and B is the part that is now included in the refund and I am entitled for the credit 15% credit. Where this gets dicey (for me anyway) is that i dont know where to put the 2000$, the 1500$ (my replacement part) the 500$ which would be a new RRSP contribution (hence giving me credits) and the 150$ (from Box B). Anyone can help ? thanks
  16. Hi, It's my first time filing my own taxes and here is the situation: My RRSP deduction limit (per 2012 assessment, line A) is $17481 My March to December 2013 RRSP contribution is $242.30 No contribution January to March 3, 2014. My Undeducted contributions (per 2012 assessment, line B) is $0 > Portion of your contributions to use as a deduction in 2013: RRSP/PRPP deduction to use (leave blank to use all your contributions as a deduction)" Question: What should I put here? I don't understand what this line means. ---------------------------------------------------------------------------------------------------- I get this warning on $242.30 in the Results page: "The RRSP deduction that you are claiming on your federal return exceeds the amount of deduction needed. You can limit this year's RRSP claim to avoid wasting the deduction." Question: What does this mean? I am completely lost, how do I correct this to my advantage? Thanks
  17. Hello - I was preparing my family return last night, and when I arrived at my husband's RRSP contributions page, there was a $ amount already entered into the "Undeducted Contributions (per 2012 assessment, Line B) line. Does UFile have access to information to last year's assessment? If not, I have no idea where this information came from. Of course, when I went back to check the 2012 assessment, the one page that is missing is the one that includes this information. Thank you for the input.
  18. I completed and netfiled my return. 2 days later an additional RRSP slip arrived, For an automated $50 deposit in Feb/14. Do in need to amend my 2013 return, or since it was a deposit made in 2014 can i simply include it in my 2014 return?
  19. Hi, My employer is matching upto 4% of my salary towards my rrsp and I am paying 6% of my salary towards my rrsp. As per the payslip, my rrsp contribution was deducted from the source. I have received 3 rrsp tax slip from my bank (one slip for the last year and two slips for the 60 days in 2014). In addition, I have paid a seperate contribution in RRSP for my HBP repayment. I have few questions on filing my income tax. 1. Can I claim the rrsp contribution tax credit based on the tax slip I received from my bank? 2. If not, how does the CRA knows about my rrsp contribution? Does my employer sends my contribution to CRA?
  20. Hi, I was wondering if someone can help me with reporting RRSP income coming from money not being repayed to the First Time Home Buyers Plan. I want to see what kind of results I'll get if I don't repay this year's portion of the First Time Home Buyers plan and report it as RRSP income. I plan on contributing to my RRSP instead of repaying the First Time Home Buyers plan. I need to somehow get this sum of money in Line 129 but I don't know how to do that in the Ufile. I have the Windows version. Any help would be much appreciated.
  21. j8888

    spousal rrsp

    Hello, I have an RRSP slip that is written out to my husband and I am the annuitant. Do I enter the amount in my tax profile under 'your spouse RRSP' section or do I enter it in my husband's tax profile under 'your own RRSP' section? Thanks.
  22. I have RRSP contributions that were made in January and February of 2012, but I did not include them in my 2011 tax return so they do not show up as part of my unused RRSP contributions for 2012 (B). How can I include them in my 2012 return using UFILE? Thanks!!
  23. Howitzer

    RRSP claim, HBP...

    Two questions: My wife and I are part of the HBP and have been re-paying our RRSP annually $100 for myself and $80 for my wife. How do I enter these amounts? I hope I have it entered correctly. I annually invest $2400 into a spousal RRSP for my wife but do not invest anything in my name (We were advised by our banker to do it this way since my wife is a stay-at-home mom and has little income)... how do I enter this info correctly into uFile? How does this jive with our HBP talked about in #1? Any help or advice would be great. I haven't had the CRA knocking on my door about it so I am hoping I am claiming and filing correctly.
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