TaxChef

Error: The sum for this field is greater than the required maximum.

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I am preparing a T2 and get 2 error messages which state :The sum for this field is greater than the required maximum.

When I click to resolve the error both error messages lead me to the same page - the 'Shareholder- Individual' form.

I'm not sure what 'sum' to look at. Can someone help?

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Hello TaxChef

If you are receiving an error message regarding the percentage of shares is greater than the required maximum, verify the total shares held by shareholders’.

In order words, the total shares held by the corporate officers may not exceed 100%. In other word, the total percentage of shares held by directors, shareholders and the signing officer cannot exceed 100%.

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