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Showing results for tags 'line 135'.
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Been trying to netfile return. However it says error code 93 that the business income does not match the line 135 does not match the financial statements net income/ netloss on financial statements line 9946. I've checked the statements and this is true. Line 135 shows as 0.0 while 9948 on the statements show as a loss of 3 thousand. how do i get this to match so i can netfile??? how is line 135 calculated?
Hello, I was asked to write part of a book and have received a T4A with payment of $1800 in box 048 from the book company. Following the posts on this forum I was able to enter the $1800 and was able to create a T2125 form as well - with $0.00 in the gross sales & fees box, and the $1800 in the box 048 line. However - when calculating the results, the business income on line 135 of my final return shows up as $21,193.55 - OVER 10 TIMES THE ACUTAL AMOUNT!!. This is making my total income MUCH to high, and has completely destroyed the tax refund I should be getting based on my RRSP contributions. Does anyone else have this problem? How is line 135 calculated by the software? Why is it showing over 10 times the actual income? How can this be fixed? Thanks for the help.