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Geo123

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Posts posted by Geo123

  1. Hello birchwood,

    It's either on a T4A or T4E

    (1.) T4A - Box 201

    OTHER INFORMATION (COVID-19 benefits) (click on the triangle to see the list of choices)
    (A payment of fees for services under code 028 should be entered in Box 048)

    (2.) T4E

     

     

    Overpayment recovered or repaid26
     
     
    Reversal of income tax deducted27
     
     
     
    Repayment of an overpayment (RL-6 box D)30
     
    D
     
    Repayment of an overpayment if different from T4E Box 30 (RL-6 box D)
     
    D
     
    Whether or not the averaging of the repaid amount should be considered by the Revenu Québec  No  Yes 
     
     
     
    Repayment of the CERB (this amount is included in box 30)

     

     

  2. Hello Sabrina,

    1). Close the UFile session by exiting the UFile page ie close the browser and login back in.  The data should not be lost and all entries should be restored (except the last interview page).  It may be due to a split second disconnect of the  DBase to web server interface page and can be caused by network latency, internet disruptions or other internet issues.   

    2.) Also reported when a user is behind a PROXY or other Web service which changes the users IP address during the session in UFILE.

    3.) Switch browsers.  Eg. From Chrome to Firefox

    4.) IF the issue persists please try to open your account from a different location ie different IP address: home or office or reboot the modem router.

  3. Hello V4D3R,

    Welcome.  For "Change in use" go to the bottom of the page

    Change in use of property and election under section 284 or 286.1 < --- SELECT YES

     

     

     
     
     
     
    Change in use of property and election under section 284 or 286.1  Yes  No 
     
     
    From
     
     
    To
     
     
     
    Were you a non-resident throughout the year of acquisition of the property?

     

  4. Hello Thinker,

    Name and address of facility: The field length is 40 chars – this is a CRA limitation. It is due to the file transfer field length having a maximum as well as the actual form Worksheet ON428 and ON479

    Worksheet ON428 and ON479  (continued)Line 63052– Ontario staycation tax creditUse this chart to determine your qualifying leisure accommodation expenses in Ontario, for 2022. You can claim more thanone stay. For more information, see the Ontario Information Guide in your income tax package.Dates of stayAccommodation or campingAmount paidFromToDescriptionName and addressof the facilityHST numberof the facility(including allapplicabletaxes)+2022-01-012022-01-101234567890123456789012345678901234567890Hotel123456789RT000166600 =1Total of accommodation expensesComplete the box that applies to you, following the instructions below. Complete  only one  of the two boxes.If you  did not have  a spouse or common-law partner or an eligible child on December 31, 2022, complete Box 1 to calculate your credit.If you  had  a spouse or common-law partner or an eligible child on December 31, 2022, complete Box 2 to calculate your credit.Box 1Amount from line 1 above2Total reimbursement, allowance, or any other form of assistance you received-3Line 2 minus line 3 (if negative, enter "0")Total of qualifying accommodation expenses=4Enter whichever is  less : $1,000 or the amount on line 4.(maximum $1,000)5Enter the amount from line 5 on  line 63052  of your Form ON479.Box 2Amount from line 1 above6Total reimbursement, allowance, or any other form of assistance your family received-7Line 6 minus line 7 (if negative, enter "0")Total of qualifying accommodation expenses=8Enter whichever is  less : $2,000 or the amount on line 8.(maximum $2,000)9Enter the amount from line 9 on  line 63052  of your Form ON479.Notes:Only one person per family can claim the credit for the year.If you had a child who died in 2022, and that child would have been under the age of 18 on December 31, 2022, you aredeemed to have an eligible child on that date. Therefore, you can tick Box 2 and your limit is $2,000.666006660066600666005006-D E (22)Page 2 of 2

  5. Hello,

    These amounts should be entered as they appear on your municipal tax bill.

    29. GRANT FOR SENIORS TO OFFSET A MUNICIPAL TAX INCREASE (LINE 462)
    You may be entitled to a grant to help offset an increase in the municipal taxes payable on your residence if you meet the following conditions:

    On December 31, 2022, you:
    were resident in Québec,
    were 65 or over, and
    had owned your residence for at least 15 consecutive years (including any time your spouse owned the residence before transferring ownership to you).
    Your residence is an entirely residential assessment unit consisting of only one dwelling and it serves as your principal residence.
    You received (or were entitled to receive) a municipal tax bill in your name for the residence for 2023. (If you co-owned the residence, the bill may have been issued in another co-owner's name.)
    Your family income for 2022 does not exceed the eligibility cap.
    You must also meet at least one of the following two conditions:

    The potential grant (determined using the current assessment roll) is shown on either your 2023 municipal tax bill or the document entitled Amount of the Potential Grant to Offset a Municipal Tax Increase that was issued by your municipality.
    You or a co-owner of the residence received a grant in the last year covered by the previous assessment roll.
    For the complete list of conditions, including the maximum eligible family income, or to calculate the amount of the grant, complete form TP-1029.TM-V, Grant for Seniors to Offset a Municipal Tax Increase. Enclose the form with your return.

    https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/how-to-complete-your-income-tax-return/line-by-line-help/451-to-480-refund-or-balance-due/line-462/point-29/#:~:text=Grant for seniors to offset a municipal tax,owned the residence before transferring ownership to you).

  6. Hello malejko,

    Under the heading "Employment expenses ", you have a choice to make, you must choose between the "Temporary flat rate method" or "Employment expenses for working at home due to COVID-19 for an employee earning a salary".

    You can't choose both because you won't be able to file your tax return by EFILE. You must make a choice between the two methods.

    In addition, according to some test files we have conducted, the fixed rate method is the most advantageous. We suggest you do a simulation to check what is most beneficial for you.

    To claim these expenses, please follow these steeps:

    1 - On the "Left side menu of the Interview Tab", select "Interview setup".

    2 - On the screen to your right, go to the "Employment and other benefit" group, check the box for "Employment expenses (including T777S)" and click on "Next" at the bottom of the page.

    3 - Return to the "Left side menu of the Interview Tab" and select the "Employment expenses" section and on the screen to your right you should choose the option that suits you.

    For the option "T777S ? Employment expenses for Working at Home due to COVID-19 ? Temporary flat rate method» year 2021 and 2022 the fixed rate is $2 per day worked up to a maximum of $500.

    For the detailed method you must have received from your employer the federal form T2200 and if you are a Quebec resident the form TP-64.3. duly completed.

    For more information, please visit the following link:

    Eligibility criteria - Temporary flat rate method:

    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-22900-other-employment-expenses/work-space-home-expenses/who-claim/temporary-flat-rate.html

    Eligibility criteria - Detailed method:

    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-22900-other-employment-expenses/work-space-home-expenses/who-claim/detailed-method.html

  7.  

    It is possible that you added an additional person to your file in error. Click on the Interview section (tab #2) and see how many little people shadows you have in the upper horizontal bar. If you have more than you should have, click on the extra shadow and then click on "delete selected" toward the end of the upper horizontal bar.  This will delete the additional file.  This action cannot be undone.

    If this does not resolve the error message, then please contact our office at 1-888-633-8414 or 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-usemail us at help@ufile.ca

  8. Hello Mcphee78,

    If you have an error which you can not correct  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

  9. Hello V4D3R,

    To report the sale of your principal residence, please follow the steps below:
    1. On the "Left-side menu on the Interview tab", select the "CRA Questions" topic.
    2. On the page that appears, go to the line "Did you sell a principal residence in 2022?". The sale of a principal residence must now be reported with any principal residence designation.
    3. If you answer "Yes", a topic will be generated in the "Left-side menu on the Interview tab" with the heading "Capital gains (or losses) & ABIL".
    4. On the page appearing to your right, click on the plus sign "+" icon to the right of the line "Personal use property (Including the principal residence)".
    5. On the page that appears, enters the relevant information in the first fields. If you are a co-owner of the residence with your spouse, go to the line "Your percentage share of capital gain/loss recorded here" enter your percentage.
    6.The following line will be generated "Do you wish to transfer the remainder to your spouse's tax return (if applicable)?".
    7. If you answer "Yes" you do not need to answer the CRA's question "Did you sell a principal residence" in your spouse's file because the program will transfer the information into their file.
    8. Then go to the "Principal residence" section and go to the line that starts as follow: "Designation of the property as a principal residence to the Canada Revenue Agency (CRA)." and answer, "Yes" if the property that was sold was your principal residence as defined by the CRA and enter the address of the principal residence.
    9. Next, go to the "Designation" section and select the period (taxation years) during which that property was designated as your principal residence. In the fields that follow, enter the year of beginning and the year of the end as the principal residence.
    10. However, if you have not permanently resided in your principal residence, click the plus sign "+ Add another" icon to create another occupancy period for your residence.
    11 If you rented your residence during the unoccupied period, go to the line "Change in use of property and election under section 284 or 286.1", and by selecting "Yes" a field will be created to indicate the period (from what year to what year) during which the residence was leased.
    ----------------------------------------------------------
    FYI - #11 Designation
    Select the taxation years period that property was designated as principal residence
    From
     To
     Add Another “+”  -Click ‘+’ to enter period(s)

    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

     

  10. Hello PeteH,

    You can refer to the below links.  You can also contact the CRA.

    (1.) T776 Other Expenses
    https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4036/rental-income.html#P439_45796

    (2.)  CCA Impact
    Income Tax Folio S3-F3-C1, Replacement Property
    Subsections 13(4) and 44(1) permit a taxpayer to elect to defer the recognition of recapture (income) of capital cost allowance (CCA) or capital gains where a property was involuntarily disposed of,
    or a former business property was voluntarily disposed of, and a replacement property is acquired. Where all the applicable conditions are met, these rules generally allow taxpayers to replace certain property
    without incurring immediate tax consequences.
    https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-3-property-investments-savings-plans/folio-3-capital-transactions/income-tax-folio-s3-f3-c1-replacement-property.html

  11. Hello RamboTax,

    For QC the security option deduction is equal to 50% of the value of the benefit if one of the following conditions is met:

       The benefit is deemed received for a stock option granted after March 13, 2008, by a small or medium-sized business (SMB) that is an SMB engaged in innovative activities for the calendar year in which the stock option is granted.
        The benefit is deemed received for a stock option on listed shares granted after February 21, 2017, to an employee of a corporation whose salaries and wages subject to the health services fund contribution total $10 million or more for the calendar year that includes the time the stock option agreement was reached or the time the shares were acquired.

    If neither of these conditions is met, the security option deduction is equal to 25% of the value of the benefit.

    https://www.revenuquebec.ca/en/businesses/source-deductions-and-employer-contributions/special-cases-source-deductions-and-employer-contributions-in-certain-situations/taxable-benefits/list-of-taxable-benefits/other-benefits/security-options/deduction-for-stock-options-of-a-corporation-other-than-a-ccpc-or-options-to-purchase-mutual-fund-trust-units/

     

  12. Hello Alex44,

    As per the CRA regarding insurance premiums paid :

    1.133 Subject to the exception discussed at ¶1.135, paragraph 118.2(2)(q) provides that any premium, contribution or other consideration (including GST, PST, HST and premium taxes) that an individual has paid to a PHSP for that individual, the individual’s spouse or common-law partner, or a member of the household with whom the individual is connected by blood relationship, marriage, common-law partnership or adoption may be an eligible medical expense. See Interpretation Bulletin IT‑339R2 and the webpage Private Health Services Plan.
    https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-1-individuals/folio-1-health-medical/income-tax-folio-s1-f1-c1-medical-expense-tax-credit.html

    Please 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

  13. Hello keb,

    I do not see anything from the CRA that relates specifically to  CMHC insurance.  You should contact the CRA.

    Cost of selling your old home includes the following:

    • advertising
    • notary or legal fees
    • real estate commission
    • mortgage penalty when the mortgage is paid off before maturity

    Cost of buying the new home if you or your spouse or common-law partner sold your old home because of your move.

    Note 

    The cost of buying your new home includes legal or notary fees you paid to buy your new home, as well as any taxes paid (other than GST/HST) for the transfer or registration of title to the new home.

    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-expenses-you-deduct.html

    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

  14. Hello CJRed,

    For before 2021

    The CRA "Auto-fill my return" service for 2020 and prior years requires Internet Explorer 11.

     

    Internet Explorer 11 is a built-in feature of Windows 10, so there is nothing you need to install.

    To open Internet Explorer, select "Start" , and enter "Internet Explorer" in Search . Select "Internet Explorer (Desktop app)" from the results.

    If you cannot find Internet Explorer on your device, you will need to add it as a feature. Select "Start"-> "Search", and enter "Windows features". Select "Turn Windows features on" or "off" from the results and make sure the box next to Internet Explorer 11 is selected. Select OK, and restart your device.

    NOTE: Internet Explorer can be also found if you click on "Settings" menu of Edge

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