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T2: Schedule 7 Foreign Investment Income


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I'm preparing a T2, and have to enter foreign investment income and foreign investment tax credit. Where am I supposed to input that information. When I go under Income Source, I can't specify that it's Foreign. Under GIFI, it's under Foreign Dividend but that's not where it appears on schedule 7.

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Hi Banany.cpa, To generate Schedule 7 in UFile T2, please follow the steps below:

1.    In the QuikClik navigator click on the section "Income source".

2.    In the drop down menu select "Other property income" and enter the information concerning the income from other property on the right hand side of the screen. Schedule 7 will then be available on the Tax return tab in the client copy.  
 

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