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PAHTDC

Work-in-progress and Professional Income

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Hi,

 

Is ufile online is correctly configured to handle situations where someone with professional income (e.g. a T4A with entries in box 028) has claimed in a previous tax year some of that income?  E.g. I received cash this year, and a T4A, but it included amounts for both services rendered last tax year (2011 - and claimed on the 2011 return) and this tax year (2012).  

 

To put it in madeup #s: Earned $900 in 2011, $100 in 2012, paid $1000 of cash in 2012 and given a T4A with $1000 for 2012.  Claimed $900 of income in 2011 tax year, attempting to have ufile online report only the $100 of taxable income for 2012 tax year, and be able to net file.

 

This appears to be a case where I should report a work-in-progress amount at the beginning of the fiscal period, representing the amount of income claimed in 2011 tax year, but for which i have not yet been paid the cash.  A work-in-progress amount at the end of the fiscal year would be 0 (no overlap from 2012 into 2013).

 

My numbers work out only if i exactly reverse this, claiming the amount which has been previously included in income as a work-in-progress at the *end* of the fiscal period, and 0 for the work-in-progress at the beginning of the fiscal period.

 

Naturally doing so means that I can not netfile as "Your tax return contains negative entries on lines where they are not permitted for NetFile purposes".  

 

Can you confirm whether this is a bug / explain why the labels actually make sense, and suggest any workarounds that would support being able to net file?

 

Thanks

PAHDTC

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