BLSM
-
Posts
78 -
Joined
-
Last visited
-
Days Won
1
Posts posted by BLSM
-
-
Yes, you have to do a new file. I ran into this with doing my son and DIL's taxes. They split, and I had to start her afresh. You can cut people off that aren't the main account, but cannot move them to a new file.
-
Hi there
I asked this question, so maybe this thread will help.
I ended up having to write to support and they sent me a screen print to show me what to say. They said to put NO in the last box, about filing a prior election.
Eventually, I did get it to work.
-
Although I couldn't find a definitive answer, I believe you can. After all, if you had that break between renters, you'd continue to claim the expenses. Even though it wasn't rented, it needed repairs between tenants. It was a rental unit, it sold as a rental unit, and your capital gains / losses will be treated as a rental unit. And, if the property hadn't sold, you may have rented it out again.
-
In the CCA section, there is a spot to answer Yes or No to whether you disposed of a property in this class. Once you click Yes, I think it will ask how much you sold for and what sales expenses you had.
I haven't disposed of rental property, but that's how I did it for some other asset in our other business.
-
Hi there
I started using UFile in the 2019 tax year, and used TurboTax before that.
I liked TT for several reasons, and it was easy to use. I used the Forms method, not Interview, and I liked that you were entering right into the form. It made it easy to change / override things, and to do 'test scenarios'. I can't even remember what it was, but I got annoyed with TT over something that didn't work well, so switched to UF.
I buy the 4 return package, and I do like it, but it's not perfect. We have a rental property also, and once you get it set up, it's easy to do. You'll need a program that does more than 4 though. I always get the desktop download, not the online version.
I hope that helps.
-
I agree with Tax Smith about using Auto-Fill. I used TurboTax for many years, and the auto-fill NEVER ONCE worked. I've always entered manually, and it's much easier, considering then at least you know if anything is missing.
Last year, I switched to Ufile and didn't even bother with trying Auto-fill, based on past useless trying. Even in doing my own taxes, I found that there were bank slips that didn't come in until after I'd already netfiled. I had included them already, because I knew the correct numbers, but if I had depended upon Auto-fill, I'd have been screwed.
-
Mike, see my post above yours. I had the same problem, only with December. I added in "NO" in the employment income part, where it asks if you've filed an election before. Now, my S8 shows 11 months eligible and starting to stop payments in 12 (Dec.)
-
That is what I did previously, and I got the warning message saying UFile was disregarding the date. See my post of Jan. 26.
Anyway, I just now went back into the program, Controls. That message about not considering the date was no longer there, and a new message said I had to answer Yes or No to the 'employment' part about filing that form CPT30.
Although we had no employment income, I answered NO to that question, and the message went away.
I'll be back if something is different NEXT time I sign in! Thanks for your help.
Brenda
-
Thank you for that additional info, TTS. I appreciate your time
Brenda
-
Thank you. I guess the wording isn't clear on the CRA site. When they say you can't choose a date before the month you turn 65, they suggest you CAN choose the month of your birthday.
Do I then choose the date of Jan 2021, or will that be allowed? Do I have to wait until next year's taxes to fill that part in?
Thank you.
-
Hello, again
I sent an email to support 8 business days ago. Do you have any idea how long I might expect to wait for a response?
-
Thank you. I have sent an email.
-
Hello again
I am working on my taxes again, and I am getting a warning -
It tells me I have entered a date to stop contributing to CPP, but I do not qualify. The date I entered is not considered by UFile.
I entered Dec. 1, 2020 in the ONLY self-employment income section. We both turned 65 in December, and the CRA says we cannot enter a date BEFORE the month we turn 65.
Our only income is from CPP, Self-employment, rental property, and CERB (entered under other income). Is the CERB prompting this error, as it's not under the self-employment section? We had no actual T4 employment income at all in 2020.
thanks
Brenda
-
Thank you so much, Nawal, for the speedy response! I've got it fixed up now.
Brenda
-
sorry, posted in the wrong spot, as it's my first time in the forum - Mod, please move if possible - thanks!
-
The CRA says -
If you are self-employed, you must complete the applicable section of the CRA's Schedule 8 CPP contributions on Self-Employment and Other Earnings and file it with your Income Tax and Benefit Return.
What I need to know, is where and how do I actually show this in my tax return? Because we are self-employed, the S8 is automatically included, but I can't find anywhere to tell the system I want to quit paying!
Do I just add it manually into the S8 that the system prints out? That won't work, because then UFile won't adjust the amounts I need to pay for 2020. And, since my b'day was in December, it probably doesn't matter for this year, but how will I KNOW that CRA has the info needed?
Has anyone done this? Any suggestions?
Thanks!
Carry Forward from Year 2020 not working.
in Technical questions
Posted
Glad you got it sorted. My stuff all carried forward okay, I think.