TheTaxSmith

The software handles that correctly. But a Rights and Things is a separate return with separate deductions. Best to paper file the Rights and Things. Expect problems from CRA but if you indicate in the Rights and Things return the split for up to death and after death for the income you will be ok. In the year of death you get to double up on some non refundable credits, therefore you complete a Final return as well as a Rights and Things return.

Check your messages.

Yes you can limit the CCA. It is an elective claim and can be reviewed each year and the claim can be limited from Zero up to the maximum allowed.

Now for the Quebec issue. Did you live in Quebec and work in Ontario or New Brunswick? If so you need to select the correct T4 from the choices.

Ok for dividends Ufile is optimizing your file based on a process that allows transfers. It's to your advantage. Ufile just wants you to be aware that it is taking place. Otherwise you would be questioning what is going on, which of course you are doing. Google dividend transfers between spouses and CRA. Or do a search for a previous post I did that explains it.

What is the slip you have that reports the pension payout?

It is important to understand that there are dividend transfers rules which allow a shift of dividends to an optimal amount between spouses. It's a very specific section in the Tax Act. It will result in overall less tax paid for spouses and the family group. Allication to the higher income taxpayer will use the dividend tax credit to its advantage instead of wasting it.

Did you do a Search on the site to find a solution? Did you add a T2125 for self-employed income? Did you enter the commission income in Ufile's schedule for completing a T2125 form?

Did you try completing Schedule 5 manually to test for the claim? https://www.canada.ca/en/revenue-agency/services/forms-publications/tax-packages-years/general-income-tax-benefit-package/5000-s5.html

Do any of these situations apply to you perhaps: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-30400-amount-eligible-dependant/what-situations-which-you-cannot-claim-amount-eligible-dependant.html

Actually CRA will most likely add those T4A slips to your income and reassess. If the T4A was specific to your wife and not for the partnership you should have completed a separate business statement. There is a specific area on the T2125 business statement for amounts reported on T4A slips. Entering both the T4A slips and also entering the total of the slips in the T2125 allows CRA to match the T4A with business income.

Hello AudraFast. In your daughter's file, Interview section, did you respond to the question is your child an eligible dependent.

In the Interview section scroll down to the bottom and look for the carryforward section and tick off Losses of Prior Years. That will provide you with the data entry section. Then scroll down in the list of forms (Index) look in the new section added under Losses of prior years, carrybacks. You will need to add form T1A - Request for Loss Carryback.

To clear this up take a look at Step 5 on the T1032 Pension Split form. Review the tax at line 68040. That is the tax that is eligible to be be split from eligible pension income. Write that number down. Now go to the T-slips summary and look at the tax deducted from pensions eligible for the split. Add those taxes up and it will equal the amount from line 68040 on the T1032 form. If the two numbers are not the same then look at the difference and then look at the tax deducted from other slips. That will pinpoint the error. They should however be the same. In your previous post you stated that you had an eligible pension on a T4A-P slip. I trust that is a private or employer pension and not the CPP. The CPP income as reported on a T4A(P) slip is not an eligible pension for pension splitting. (That said there is a way to equalize Canada Pension Plan receipts, but it's not through the tax system.)

It's a hit and miss situation with CRA. It depends on who looks at your file. Look carefully on the index to see if there is more than one T4A(P) slip. Since there are a possible number of slips in that category (3) you may actually have 2 identical ones.