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Geo123

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Everything posted by Geo123

  1. Hello Gailjones03, If not a dependant then your daughter will require a separate account / file.
  2. Hello nburi24, Unfortunately you can not use the UFILE PC version (UFile for windows) on an Apple mac, only the UFIle ONLINE version.
  3. Hello lenny12, You can use the guideline below and adjust the formula to suit your situation. Employment Expense : Indicate the percentage (%) Of your home that is used for personal, non-business relate purposes. = 100 -c To calculate the percentage of work-space-in-the-home expenses you can deduct, use a reasonable basis, such as the area of the work space divided by the total finished area (including hallways, bathrooms, kitchens, etc.). If you are working in a designated room Since the room is used only for work, the percentage Of your home used as a work space is also the percentage Of your work space used for employment purposes. A = Size of work space (designated room or shared area) B = Total finished area of home C = Percentage of your home that you used as a work space (rounded two decimal places) C AE x 100 If you are working in a common (shared) area You need to calculate the percentage of the work space that was used for employment purposes by providing the numbers of hours worked in that space within a calendar week (7 days or 168 hours). D = Number of hours (hours worked in a work week) E = 168 hours F=D/E C = Percentage of your home that you used as a work space (rounded two decimal places) C = A/B x F x 100
  4. Hello Gardener 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
  5. Hello jlijli, You are welcome.
  6. Hello YruJ, 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
  7. Hello BrianPAL, One manual entry of the total amount showing the Proceeds of disposition and the cost / book value is sufficient.
  8. Hello MCG, 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 and resave the file. 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.
  9. Hello LeanneK, Error code 21 / Result code 21 : The Canada Revenue Agency was unable to accept your return, as your NETFILE Access code did not match our records. Make sure you have Your unique Access code (8 characters) can be found on your Notice of Assessment (NOA) for a previous tax year. This eight-character Access code is made up of numbers and letters and is located on the right side of your NOA. The placement and labelling of the Access code differs slightly depending on the version of the NOA you are looking at, but will always be on the right side of the NOA. On the paper version of your NOA as well as the PDF version in My Account, the Access code is not labelled, but can be found directly underneath the Date issued at the top right of the page. If you are viewing your NOA in My Account or using the Express NOA service in certified tax software, the Access code is found directly under the Notice details box at the top right of the page. OR Call the CRA 800-959-7383
  10. Hello MArcus1244, CRA allows overcontribution up to $2,000 lifetime - nothing to do BUT keep it in mind for next year and do not overcontribute again. If you end up with an RRSP over contribution in excess of the $2,000 lifetime buffer, you may owe taxes. The CRA will charge you a 1 percent penalty, assessed monthly, for each month you're over the limit. Use the 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
  11. Hello Nissim, Please consult with an accountant or the CRA. 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 FYI : Current expenses or capital expenses Renovations and expenses that extend the useful life of your property or improve it beyond its original condition are usually capital expenses. However, an increase in a property's market value because of an expense is not a major factor in deciding whether the expense is capital or current https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/rental-income/current-expenses-capital-expenses.html
  12. Hello H Peter T, You purchased the Family Head Promo versus the Family Promo. It is good for one tax return and two dependants, not a Spouse. The Spouse tax return is $14.00 extra.(2023) Sorry for the confusion We can offer you a voucher for $7 off the Spouse Return Please contact UFile Support and include above note. Please open a request ticket on-line at https://www.ufile.ca/contact/contact-us For telephone support, please call: 1-888-633-8414 (M-F 900 - 2100 ET) **Note that at this time wait times may be longer than usual**
  13. Hello Alax, You can not Netfile the return again or CRA will give the error : Result: 16
  14. Hello fzhang00, Home Office expenses % Percentage (%) of home being used for personal purposes 97% < = = 3% business use >>$11,000 * .03 = 330
  15. Hello Yx1980, Print Tax Return to mail / Mail Return / Print Return / Print PDF T1 and T2 / mail tax return 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/
  16. Hello cloudy, 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
  17. Hello Bianca, Revenu Quebec tax data download When Quebec residents download BOTH their CRA tax slips using CRA auto fill (AFR) as well as their Quebec slips using Tax Data Download (TDD), some documents may be generated in duplicates. Why will some data be duplicated while others won't be? The reason why this data is duplicated is that the issuer has used two different names, one for the federal slip and another for the Quebec slip. Tax slips issuers are not required to register the same name for the federal and Quebec slips. For example, a federal T3 slip from "Royal Bank of Canada" and an RL-16 slip are issued by the same issuer, but writing under a slightly different name as "RBC Banque Royale". UFile will read two different names and therefore the federal slip will be accepted as well as the Quebec slip. Therefore, the program will generate duplicate data for certain income items. This situation will unfortunately result in amounts greater than the actual amounts, in turn generating duplicate income amounts and consequently more tax payable? We recommend that all users thoroughly check their federal return and Quebec to note these duplicates, as this will affect the tax return. Also, we recommend you to use only one data download method, whether it is the CRA's (AFR) or Revenu Québec's (TDD). UFile users must manually delete the duplicate page and enter the missing data manually on the other page.
  18. Hello jlijli, Please see T5008 example below.
  19. Hello horseshoe, PREMIUM PAYABLE UNDER THE QUÉBEC PRESCRIPTION DRUG INSURANCE PLAN You are 65 or over When you turn 65, you are automatically registered for the public prescription drug insurance plan. However, if you remain eligible for a private plan offering prescription drug coverage, you can opt out of the public plan and cancel your registration. Important Coverage under a complementary insurance plan does not replace basic coverage under the public drug insurance plan. For your medications to be covered, you will need to pay a premium under the public plan in addition to the premium you pay your insurer for your complementary plan. https://www.revenuquebec.ca/en/citizens/your-situation/students-and-recent-graduates/premium-payable-under-the-quebec-prescription-drug-insurance-plan/ https://www.ramq.gouv.qc.ca/en/citizens/turning-65
  20. Hello Kevin Rowcliffe, Please contact the CRA at 1-800-959-8281 CRA https://www.canada.ca/en/revenue-agency/corporate/contact-information.html
  21. Hello Morteza, Please contact the CRA at 1-800-959-8281 CRA https://www.canada.ca/en/revenue-agency/corporate/contact-information.html
  22. Hello KayJee, T225 - Business use of a motor vehicle You can deduct expenses you incur to run a motor vehicle you use to earn business income. Calculating motor vehicle expenses If you use a motor vehicle or a passenger vehicle for both business and personal use, you can deduct only the portion of the expenses that relates to earning business income. However, you can deduct the full amount of parking fees related to your business activities and supplementary business insurance for your motor vehicle or passenger vehicle. To support the amount you deduct, keep a record of both the total kilometres you drive, and the kilometres you drive to earn income. https://www.canada.ca/en/revenue-agency/services/tax/businesses/small-businesses-self-employed-income/business-income-tax-reporting/business-expenses/motor-vehicle-expenses.html#bsnss_s
  23. Hello tmh, 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
  24. Hello colincreado, 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
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