Geo123

Hello WellDone, The CRA allows you to carry net capital losses back up to three years. To carryback a capital loss, fill out section II on form T1A, Request for Loss Carryback. You do not have to file an amended return for the year to which you want the loss applied. Applying net capital loss from previous years You have capital gains in the current taxation year. However, you have sustained some capital losses in the previous years. You can request both the federal and provincial governments to have these net capital losses carried over to be applied against the current year's capital gains. To carry over these losses using the program, please follow these steps: 1-On the "Left side menu on the Interview tab", select "Interview setup". 2-On the page appearing on the right, go to the group "Carryforward amounts and prior year information", check the box "Losses of prior years, carrybacks". Click "Next" at the bottom of the page. 3- Return to the "Left side menu on the Interview tab" and select "Losses of prior years and carrybacks". 4-On the screen generated on your right, go to the "Losses of other years" group and choose the line "Net capital losses of other years". 5-On the page that appears, enter the losses from previous years in the appropriate fields. You should first enter your capital gains. The amounts will be reported to line 25300 of the federal returns and line 290 of the Quebec return. The program will generate for the federal form "Applying net capital losses of other years to 2020" and Quebec form TP-729. For more information, please visit the following CRA link: 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-253-net-capital-losses-other-years.html

Hello billiepiper, Go to >>>Interview setup [Interview setup (left hand navigation pane - - beneath “CRA Express NOA”) >> Double click the interview setup] >>>>Go to Right Hand Screen - Interview SetUp *In the Section Rental income Select Rental property income

Hello Curtis travis, (1.) How to stop them You must contact your employer and inform them of your situation (2.) Resident from another province working in Quebec If you worked in Quebec in the current taxation year but resided in another province (e. g. in Ontario), you should have received two tax slips: a Federal T4 slip and a Quebec RL-1 slip. In order to enter the information found on these slips using the program, please follow these steps: 1. On the "Left-side menu on the Interview tab", click on the line "T4 and employment income" and, on the screen located on the right-hand side, first select "T4 and RL-1 (Relevé 1) income earned in Quebec with QPP contributions" or ?T4 income earned in Quebec with CPP contributions? depending on your situation 2. Enter the information from the T4 and the RL-1 slip and, from the drop-down menu of Box 10, select the province of employment; 3. If you have an amount in Box J of the RL-1, ignore this amount as it is a taxable benefit that can be claimed as a medical expense in Quebec only, while for residents of other provinces/territories this amount cannot be claimed as a medical expense because the premium has been paid by the employer; 4. Return to the "Left-side menu on the Interview tab" and select "Ontario tax and credits" (or from any other province of residence as appropriate) and enter the required information, if applicable. By clicking on the "Reviews" tab, you'll notice on line 43700 of the federal return that the amount of total income tax deducted corresponds to the Box 22 of the T4 and Box E of the RL-1 slip. Furthermore, in the "Review" tab, you may see the following "Warning": "The pensionable earnings entered for a T4 exceed the amount of T4 income". Please ignore this warning. The program will generate the Form RC381 pertaining to the inter-provincial calculation of the CPP and QPP contributions and overpayments.

Hello Phil F, I believe you are referring to : T5 - Investment income : When the income relates to a JOINT account, enter your percentage share in the account, 50% Do you wish to transfer the remainder to your spouse's tax return (if applicable)? Yes T1 : Taxable amount of dividends from taxable Canadian corporation L12000 $ 6,900 for Family Head and $ 6,900 for Spouse There may be a data entry issue : Please contact UFile Support so we may review the file confidentially. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us

Hello Thomas Wall, lease contact UFile Support so we may review the issue with you as to what exactly is occurring in UFile Windows when you select File Save As in UFile Windows. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit print screens for review on-line at https://www.ufile.ca/contact/contact-us

Hello adamo, Are you importing / carrying forward a UFile Windows 2021 file to UFile Windows or UFile ONLINE? There are two separate processes.

Hello Liki, To determine why you are getting an error message from T4A - Box 034 Pension Adjustment please contact UFile Support so we may review the file confidentially. You can open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us Please include the message you posted on Community.

Hello ttplaya, Yes, we welcome client suggestions on feature requests. Please open a request ticket and submit your suggestion in detail (with print screens if possible). Submit on-line at https://www.ufile.ca/contact/contact-us Please indicate in the text SUGGESTION - ATTENTION Senior Product Support Specialist - Geo123 Thank you

Hello lac315ca, In the Interview : >>T776 OR T2125 >>Partners *Ownership by spouse : Percentage share owned by spouse - Generate income statement for spouse [0.0000] % < - - - - REMOVE. (0% not required) : Remove : “Ownership by spouse” section by clicking on “-“ button on left hand of Interview OR % IF WISH TO ALLOCATE A PORTION TO SPOUSE apply a real number percentage eg. 50%

Hello Bonnie Toy, Microsoft : How can I type in reverse on Windows OS? To type right to left, press CTRL + Right Shift. To type left to right, press CTRL + Left Shift Mac : You can change the direction in selected text written right to left. In an app on your Mac, Control-click the selection, choose Writing Direction from the shortcut menu, then choose a command. For Default, the direction is set to that of the paragraph in which the text appears. For example, if you’re using an English input source but you begin a sentence with a Hebrew character, the text is displayed incorrectly as: .is the first letter of the Hebrew alphabet א If you select the sentence and choose Left to Right from the shortcut menu, the sentence is displayed correctly as: א is the first letter of the Hebrew alphabet.

Hello RobC, Can you please try this installation link (using Microsoft Installer) : UFile 2022 => https://cdn.ufile.ca/ufile/UF2022AMGH48YHVNENB238L3C9T3Z/ufile2022.zip

Hello JACU, Due to technical difficulties, the update scheduled for UFILE ONLINE has been postponed. Rest assured that we are working diligently to resolve this issue as soon as possible. UFILE for Windows has been updated. Thank you for your patience and understanding in this matter,

Hello tonym, I just test this link and it worked : UFile 2022 => https://cdn.ufile.ca/ufile/UF2022AMGH48YHVNENB238L3C9T3Z/ufile2022.zip Which link are you referring to?

Hello Vidyanand, You should check with the CRA. I could not find anything that would confirm your expenses are permitted as the parent of a student (and not a student) and given that you are not moving for your employment. Line 21900 – Moving expenses: Are you a full-time student? Note: Line 21900 was line 219 before tax year 2019. You can claim eligible moving expenses if you moved to be a student in full-time attendance in a post-secondary program at a university, college or other educational institution 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-21900-moving-expenses/line-21900-you-a-full-time-student.html To contact the CRA : 1-800-959-8281 for inquiries related to individuals. Telephone numbers – Canada Revenue Agency / CRA wait times: https://www.canada.ca/en/revenue-agency/corporate/contact-information/telephone-numbers.html

Hello G00, The capital expenses, if directly related to the rental unit, would be allocated to the Capital Cost Allowance (CCA) of the basement suite, once converted to a rental unit - if you choose to claim CCA. The costs would also be allocated to the Average Cost Base (ACB) of the unit, if you sell the house. You must save the receipts. Regarding the conversion You should also consult - Changing all your principal residence to a rental or business property https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/principal-residence-other-real-estate/changes-use/changing-your-principal-residence-a-rental-business-property.html

Hello ubtheone, Remove "If you selected to claim only a portion, enter the percentage to claim" - it is redundant. If the issue still persists please contact UFile Support so we may review the file confidentially. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us

Hello DPA, To claim the first-time home buyers' tax credit, please follow the steps below: 1- On the "Left side menu on the Interview tab", select "Other deductions and credits". 2- On the page appearing on the right, scroll to the group "Other credits" and click on the plus sign "+" icon located on the right of the line " Home buyers' amount for the purchase of a qualifying home (Federal, Quebec)". 3- On the page that appears, on the line "Are you eligible to claim the home buyers' amount and/or the Quebec first-time home buyer's tax credit? ".(If in Quebec) 4- If you answer "Yes", you must choose whether you share your amount according to the four choices. 5- If you choose "Claim specified amount", you must enter the amount claimed by your spouse and your amount. If the co-owner is not your spouse, leave the field blank. This credit can be claimed in whole or in part by you or your spouse. Please note that if the new home is co-owned by someone other than your spouse, you must also enter the information in the other person's file. The program will generate the Home buyer's amount at line 31270 of the federal return. For more information, consult the following link: 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-369-home-buyers-amount.html ID: 20191113115910NA.xml

Hello hacpapc, The warning " the value of the field exceeds the maximum value" could be related to a number of things. For example if the T4 "EI insurable earnings " exceeds the maximum value. In the Review Tab clicking on "Click here to review your data" should take you to the Data Entry screen. If you still can not locate the warning (or error) you can contact UFile Support so we may review the file confidentially. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us

Hello ttplaya, There is no way to export UFile ONLINE into UFile Windows (desktop) only from UFile Windows to UFile ONLINE (for the ID information and carry forwards)

Hello WellDone, Please contact UFile Support so we may review the file confidentially. I would suggest posting your Community text as follows : Open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us If you prefer, you can also contact telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you.

Hello WellDone, Please be sure to complete both entries : *Your percentage share of capital gain/loss recorded here [50%] *Do you wish to transfer the remainder to your spouse's tax return (if applicable)? [Yes]

Hello Jo1988, Normally this issue relates to network issues such as VPN or internet network latency and will correct itself. If the issue persists, please contact UFile Support so we may review the file confidentially. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us

Hello Sui, Please contact the CRA. You have a IRS 1042-S which is similar, with a notable exception, to the IRS 1099-Int/div. Once the CRA guides you on what type of foreign income it is you can file electronically with UFile.

Hello Sui, 1042-S form – Foreign Person’s U.S. Source Income Subject to Withholding is issued to non-residents of the USA that have investments there. The issuer of this slip is usually a financial institution like a bank, based on the information they have on file provided by the individual, as a non-resident of the USA. Alternatively, if the individual does not inform the institution of their residency status, then they will be issued a 1099-INT/DIV. https://www.irs.gov/forms-pubs/about-form-1042-s You must first determine residency, ie resident of Canada or USA. >>To determine whether you will need to continue paying tax in Canada, the government will first check whether you have retained significant ties here If you are a Canadian resident, then you will report it as foreign interest and dividends, as well as taxes withheld on the “Foreign” slip in your Canadian tax return package. *Interview Set Up *Foreign income or foreign property (T1135) >> *Income from foreign dividends "+" OR Interest OR Other Example : Exchange rate to apply 1.3013 Amount of foreign income received $1,000.00 Amount of foreign tax paid $100.00 >>You should contact the CRA to determine what exactly is the type of income. If USA resident Canadian non-residents are subject to Canadian sourced income only; your income has already been held at source by the financial institution. Which then means that you do not need to report the 1042-S on a Canadian tax return. These amounts should be applied to IRS reporting 1040 , U.S. Individual Income Tax Return or 1040-NR, U.S. Nonresident Alien Income Tax Return https://www.irs.gov/forms-pubs/about-form-1040 https://www.irs.gov/forms-pubs/about-form-1040-nr

Hello jmfskipper, Please contact UFile Support so we may review the file confidentially. For telephone support, please call: 514-733-8414 or 1-888-633-8414 An agent can review the issue with you. If you prefer, you can also open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us