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Showing results for tags 'tax on capital'.
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I am finishing up my T2 Corporate taxes with Ufile T2 and I am getting a warning message that is forcing me to fill out the following fields: Description and amount of taxable paid-up capital elements There is a dropdown menu with options and a separate field with an amount. I don't believe this applies to my company so I would like to skip it. Ufile is insisting that I enter something for these two fields. I don't remember having to fill this out in previous years, so I'm wondering if something I've entered this year triggered these two mandatory fields, or maybe this is a new requirement? If something can lead me to the entry that triggers this requirement, that would be appreciated. Any ideas on how I can bypass it? I have attached a screenshot. Thanks!