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Geo123

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Everything posted by Geo123

  1. Hello Hossain Select the address to use of your rental property : Enter the address
  2. Hello MelissaB, IF eligible you enter in the Foreign Income section, for example
  3. Hello Wcao, Thanks for the update.
  4. Hello Raaz, There are 2 ways to calculate your home office expenses – and this is from the CRA. If you have a dedicated office workspace, simply enter your percent of workspace (calculated by square footage) and enter your expenses/. If you have a shared workspace, then you must calculate the time spent working in that workspace. There is no fix or adjustment necessary.
  5. Hello snowball10, Please contact UFile Support so we may review the file confidentially. Please include above note. Please open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us
  6. Hello Riverview, Please contact UFile Support so we may review the file confidentially. Please include above note. Please open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us
  7. Hello Anson G, 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 T1-OVP 2023 Individual Tax Return for RRSP, PRPP and SPP Excess Contributions https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t1-ovp.html
  8. Hello RTdown, You get one chance from the CRA to download the Express NOA immediately following Netfiling, if end session or try again after logging out CRA will not permit it ie no download. Unfortunately UFIle has no control over this. Note that it is available from the CRA MyAccount at any time.
  9. Hello James P, You do not enter mortgage interest on a primary residence.
  10. Hello websters111, Unfortunately there is no automated way to merge the files, you must enter the data manually.
  11. Hello Raaz, There is no update or fix necessary, it is how the software is set up.
  12. Hello knuk33, You are welcome. For CCEE (Cumulative Canadian Exploration Expense) : >> >>
  13. Hello MarcG, Assuming you have already purchased it - see below : UFile 2022 => https://cdn.ufile.ca/ufile/UF2022AMGH48YHVNENB238L3C9T3Z/ufile2022.exe For those who have issues downloading .exe files, here are the download links for the zip files: UFile 2022 => https://cdn.ufile.ca/ufile/UF2022AMGH48YHVNENB238L3C9T3Z/ufile2022.zip
  14. Hello Mlamb, To report the carrying charges and interest you paid to earn investment income, please follow these steps: 1. On the "Left side menu on the Interview tab", select "Interview setup". 2. On the right-hand side page, go to the "Investment income and expenses" group, check the box "Interest, investment income and carrying charges/interest expenses/CNIL (T3, T5, T4PS, T5008, RC359)" and click "Next" at the bottom of the page. 3. Return to the "Left side menu on the Interview tab" and select "Interest, investment income and carrying charges". 4. On the right-hand page, choose the "Income" group you have earned and enter the income you have earned, and on which you paid interest or financial expenses. 5. Then, in the "Expenses" group, click on the "plus" sign icon to the right of the line "Carrying charges or interest expenses (line22100)". Complete this page according to your situation. The program will carry over this amount on line 22100 of your federal return -----FYI----- Claim the following carrying charges and interest you paid to earn income from investments: - fees to manage or take care of your investments (other than any fees you paid for services in connection with your pooled registered pension plan, registered retirement income fund, registered retirement savings plan, specified pension plan, and your tax-free savings account) -fees for certain investment advice (see Interpretation Bulletin IT-238, Fees Paid to Investment Counsel) or for recording investment income -most interest you paid on money you borrowed for investment purposes, but generally only if you use it to try to earn investment income, such as interest and dividends
  15. Hello Johnsnow48, RE : Nullable Object Error 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.) Check Firewall / Antivirus settings 3.) Also reported when a user is behind a PROXY or other Web service which changes the users IP address during the session in UFILE. Eg. Using a corporate network. Try on a connection outside a VPN (Virtual Private Network). 4.) Clear the cache. 5.) Switch browsers. Eg. From Chrome to EDGE 6.) Check for browser extensions eg. Crypto wallet / Cisco Webex >>Chrome >> Settings >> Manage extensions. 7.) Reboot the modem to change the IP address. 7.) Try to open your account from a different location ie different IP address: home or office (if the modem reboot did not change the IP address).
  16. Hello Nhaas2988, You can claim the US University IF they issued a CRA TL11A, please see below To claim your tuition fees you must have received one of the following forms from your educational institution: * Form T2202, Tuition and Enrolment Certificate * Form TL11A, Tuition and Enrolment Certificate – University Outside Canada *Form TL11C, Tuition and Enrolment Certificate – Commuter to the United States *Form TL11D, Tuition Fees Certificate – Educational Institutions Outside Canada for a Deemed Resident of Canada Examination fees for licensing or certification Examination fees paid to an educational institution, professional association, provincial ministry or other similar institution, to take an occupational, trade or professional examination that is required to obtain a professional status recognized by federal or provincial statute, or to be licensed or certified as a tradesperson, to allow you to practice the profession or trade in Canada, may be eligible for the tuition tax credit. Ancillary fees or charges exceeding $250 and paid in respect of an occupational, trade, or professional examination are not eligible tuition fees unless they are required to be paid by all individuals taking the examination. You should be provided with a receipt to substantiate your eligible exam fees. 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-32300-your-tuition-education-textbook-amounts/eligible-tuition-fees.html Examination fees paid to an educational institution, professional association, provincial ministry or other similar institution, to take an occupational, trade or professional examination that is required to obtain a professional status recognized by federal or provincial statute, or to be licensed or certified as a tradesperson, to allow you to practice the profession or trade in Canada, may be eligible for the tuition tax credit.
  17. Hello Barry1953, You are welcome.
  18. Hello TFB, It means there is a problem with your slip Remove any entries in the T3 / RL-16 Line for : Boxes 50, 51, 32 and 39 of the T3 slip along with boxes I and J from Relevé 16 are optional. UFile will calculate the amounts.
  19. Hello Wcao, *Country from where you received the foreign income If the country signed a tax treaty with Canada, a deduction under 20(11) will not be allowed. [United States (tax treaty with Canada)] *Description of the source of the foreign income [1099-DIV or 1042-S] If you are entering amounts in Canadian dollars, enter 1 for the exchange rate. The average exchange rate for $US was 1.3497 in 2023. See the Bank of Canada's website (www.bankofcanada.ca) for other exchange rates. *Exchange rate to apply [1.3497] *Amount of foreign income received $amount *Amount of foreign tax paid <- - - - please verify with CRA if eligible
  20. Hello so.c, You have a Netfile exclusion as per above. Print Tax Return to mail In Tab 4, at the bottom of the screen, select the PDF Icons : [PDF] Federal Print [PDF] Quebec Print <- - - - IF in Quebec FYI – for the entire tax return: [PDF] Download PDF Then depending on your PDF reader, eg. Adobe Acrobat, Microsoft EDGE; you can save to: *desktop, downloads, file directory *external device such as external hard drive, USB key, cloud drive ~~~~~~~For the Tax Return Instructions~~~~~~~~~~~~~~~~ >>Tax Return (tab 4) T1 comparative summary TP1 comparative summary Assembly instructions p1 <- - - HERE Assembly instructions p2 You only need to send to CRA those pages with [CRA] printed on the top left hand corner. CRA - Address: https://www.canada.ca/en/revenue-agency/corporate/contact-information/where-mail-your-paper-t1-return.html RQ - Address:: https://www.revenuquebec.ca/en/citizens/income-tax-return/filing-your-income-tax-return/filing-your-income-tax-return-by-mail/
  21. Hello shl, Please contact UFile Support so we may review the file confidentially. Please include above note and a screen shot. Please open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us
  22. Hello Yx1980, You can not, this message is generated by CRA and Revenu Quebec.
  23. Hello Naturegirl, DEFINITION: Your T936 - CNIL (cumulative net investment loss) balance is how much more your investment expenses were, compared to your investment income, in prior years. It's used to calculate the capital gains deduction (as opposed to a Net capital loss that can be applied to a capital gain). It’s used to calculate the capital gains deduction that you can claim on the sale of qualified capital property. The CNIL balance becomes important when you claim the **capital gains deduction on eligible farming and small business investments only. ** It does not apply to all capital Gains** If your cumulative investment expenses exceed your cumulative investment income, the CNIL may reduce the allowable amount of your capital gains deduction. Which capital gains are eligible for the capital gains deduction? The capital gains deduction can be applied against taxable capital gains included in 2022 income that arose from: dispositions of qualified small business corporation shares dispositions of qualified farm or fishing property reserves brought into income in 2022, from either of the above 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-25400-capital-gains-deduction/which-gains-eligible.html Your investment income includes: Investment income (taxable amount of eligible and other than eligible dividends from taxable Canadian corporations and interest and other investment income such as foreign interest and dividends) 50% of income from the recovery of exploration and development expenses Net rental income including recaptured capital cost allowance (CCA) Net income from limited or non-active partnership other than taxable capital gains Other property income, including annuity payments taxable under paragraph 56(1)(d) minus the capital portion deducted under paragraph 60(a)*, such as: Insurance proceeds for the recapture of capital cost allowance Home insulation or energy conversion grants Payments given as an inducement or reimbursement Income from the appropriation of property to a shareholder Farming and fishing income reported by a non-active or a limited partner CPP or QPP death benefit payments reported on your return Amounts withdrawn from AgriInvest Fund 2 Your investment expenses can include: Carrying charges and interest expenses 50% of exploration and development expenses Losses from rental, limited or non-active partnership other than allowable capital losses, and limited partnership losses of other years after 1985 Other investment expenses paid to earn property income such as: Farming or fishing losses claimed by a non-active partner or a limited partner Foreign non-business tax under subsections 20(11) and 20(12) Repayments of inducements and refund interest The uncollectible portion of proceeds from dispositions of depreciable property (except passenger vehicles that cost more than $30,000) Life insurance premiums deducted from property income Capital cost allowance (CCA) claimed on certified films or videotapes Sale of agreement for sale or mortgage included in proceeds of disposition in a previous year under subsection 20(5) It is not on the Notice of Assessment but the CRA will have it on file. It is downloaded in the AFR.
  24. Hello MCG, Yes, correct. Save as PDF and then save the *.u22 file.
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