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Maggie3

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Maggie3 last won the day on February 8 2023

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  1. Hello, Yesterday our site was updated to a newer version. Refresh your book mark and you should be ok. Try signing in with this link. UFile ONLINE | Tax Software for Canadians. Get the best tax refund
  2. Hello, General information on FHSA The FHSA is a tax-free savings account that lets you open an account and contribute up to $8,000 per year. FHSA contribution lifetime limits allow you to contribute up to $40,000 for your first home. If you don't contribute the max $8,000 for one year, the remaining amount (called your FHSA carryforward) carries over to the next year subject to the maximum carryforward amount of $8,000. Your FHSA account will remain open for 15 years or until you turn 71, whichever happens first. If you don't use it for a home, — you can do a tax-deferred transfer to your RRSP or RRIF. Who can contribute? Prospective first-time homeowner Canadian resident You have to be at least 18 or 19 years of age (depending on your province or territory) You or your spouse can't own a home in which you lived, at any time in the year the account is opened or during the previous four calendar years When you contribute to an FSHA, you will receive a T4(FSHA) tax slip from your financial institution. To enter your T4(FHSA) slip into your tax return, please follow the steps below: 1.In the “Interview” section, click on the “Interview setup” page on the left side of the screen. 2.On the “Interview setup” page, scroll down until you see the option: “Pension income, other income and split pension income, COVID-19 benefits (T4A, T4FHSA, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)”. 3.Place a check mark next to it and click the blue radio button, and the page will jump directly to the “T4A, T4FHSA, Pension and retirement income” page. 4.On the “T4A, T4FHSA, Pension and retirement income” page, select “T4FHSA – Firest home savings account statement” NEW. 5.Enter your information from the slip onto the page. 6.Click “Next” at the bottom of the screen to continue. 7.Return to the left side column of the screen and scroll down till you see the page “HBP, LLP, FHSA, and other plans and funds”. 8.On the “HBP, LLP, FHSA and other plans and funds “ page, select “FHSA informations, limit” and fill in the page. 9.The deduction will appear on Federal line 20805. Note: If you wish to limit the deduction of your contribution, add the amount to deduct on the second line. The remainder will be carried forward to use next year. Keep in mind that the carry forward plus the yearly contribution cannot exceed $8000. Leave the third line blank until you have withdrawn money from the T4FHSA to purchase a qualifying home. For more information on this topic, please refer to the link below to the Canada Revenu Agency. https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/first-home-savings-account/application-package.html
  3. Hello JDR, Go to the "T4A, T4FHSA and pension income" page in the left side column of the "Interview" section. On the "T4A, T4FHSA, pension and retirement income" page select "T4RIF - Income from registered retirement income fund" Enter your amount in the first Box 16. Or exactly as you see it on the slip. The amount should appear on line 11500 in your tax return.
  4. Hello, Please specify what slip you would like to enter.
  5. Hello HOWsMom, Are you attempting to purchase UFILE ONLINE or UFILE for WINDOWS ? The voucher code is only good for UFILE ONLINE. It appears you have used UFILE for WINDOWS in the past. If your card has the MasterCard logo on it - it should work.
  6. Hello DonnaL, If your husband passed away and was the family head, meaning he was the first person entered into the program, you will have to start a new file for yourself. No need to delete any information in the file. If you were the family head and your husband was the spouse, you will have to delete your husband's file by clicking on "delete selected" in the "Interview" section. This action will only delete the current year file and all others will remain intact.
  7. Hello Raytaxstuff, If you wish to ensure that the carryforward information is indeed carried forward to the following year, then save your previous years completed tax return to PDF. This action will ensure all carry forward information / amounts are carried forward to the next tax year. Please note you should only perform this action, saving to PDF, prior to starting your new tax return. If you carry forward a previous year to a file that has been completed, you risk overwriting the information already in your file. Please follow these steps: From the “My Files ” main menu first delete the current/new tax year. Launch the previous year’s return and go to the “Tax Return” tab 4. On the bottom of the Tax Return tab click on “Download PDF” Then click on “settings” in the upper right corner and “Save and Close” The page will jump to the “My Files” main menu. Create the new tax year by selecting “Create a new…” and click “Go!” Launch the new tax year and your information should be carried forward. Note: if you have paid for your tax return and you delete the file, the payment will also be deleted. In this case, please contact us and we will provide a voucher to replace the deleted payment.
  8. Hello, Yes, each year has to have its own activation code. No, you cannot apply returns for 2023 or activation codes for 2023 to 2022 or 2021.
  9. Hello Mauricio, 1. To confirm the NAICS code of your business, please contact the CRA at 1-800-959-8281. or check the link below: https://www23.statcan.gc.ca/imdb/p3VD.pl?Function=getVD&TVD=1181553&CVD=1182006&CPV=48599&CST=01012017&CLV=4&MLV=5 2. A goods and services tax (GST) number is a unique identifier issued by the Canadian Revenue Agency (CRA) that identifies businesses registered to collect and remit GST in Canada. The format for both numbers is 123456789RT1234 (15 characters, no spaces). For more information on this topic, please refer to the CRA website below: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/registering-your-business/you-need-a-business-number-a-program-account.html 3. Your income from Uber should be added to the line "Gross sales, commission or fees".
  10. Hello Jad, It appears you are using the 2022 tax year to carry forward a 2022 file. First, please close all UFILE programs. Then open 2023 and carry forward a 2022 tax file. (You cannot use 2022 to carryforward or import a 2022 tax file ).
  11. Hello YYY777, The additional years only work for their intended tax year, example: 2022 only works with 2022. etc... The additional returns are only effective if you have the program for that particular tax year. You cannot mix years,
  12. Hello Nomi, Please ignore the warning. It will not prevent you from NetFIling your taxes. The location of the message will be changed in the next update.
  13. Hello MacFireman, You are probably referring to a veterans' pension. It is the only pension that you have to enter twice. Once as a "Registered pension plan" Box 016 and again as a "Veterans benefits included in Box 016" under code [128]. You may add another line by clicking the little plus sign at the end of the line. The amount will appear on line 11500 of the federal return.
  14. Hello not2late, It appears you purchased the wrong promotion. No change to licensing has occurred.
  15. The link was for additional returns assuming you had already been a PRO user in the past. To download UFILE for prior years, the link is : https://www.ufile.ca/products/cvitp Click on the year you wish and it will start the automatic download onto your computer.
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