Geo123

Hello Yo Yo, Selling Your Property (House Or Residential Complex) : If you sell your house or residential complex, you generally have to report a capital gain or loss on the sale. In general, half (50%) of a capital gain on the sale of your house is taxable. However, a capital loss is not deductible. A loss from the sale of depreciable property is not considered to be a capital loss. However, you may be able to claim a terminal loss. This requires CCA claimed from previous years. T776 – Line 9948 CRA : https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4037/capital-gains.html#P640_61355 RQ : https://www.revenuquebec.ca/fr/citoyens/votre-situation/achat-vente-location-ou-renovation-dune-propriete/vente-de-votre-propriete/

Hello Coneflower, Rental - Changing all your principal residence to a rental or business property - subsection 45(2 When you change your principal residence to an income producing property, such as a rental or business property, you can make an election not to be considered as having started to use your principal residence as a rental or business property. This means you do not have to report any capital gain when you change its use. If you make this election: // To make this election, attach a letter signed by you to your income tax and benefit return of the year in which the change of use occurs. Describe the property and state that you want subsection 45(2) of the Income Tax Act to apply. If a Quebec tax return is also being filed, a copy of the election should be sent to Revenu Quebec. // https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/principal-residence-other-real-estate/changes-use/changing-your-principal-residence-a-rental-business-property.html

Hello lmnei, Please contact the CRA to clarify the error message. 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 You can also mail the tax returns.

Hello lmnei, The download is from the CRA, which in turn receives the data from the financial institutions. No bugs are reported with the AFR download. You should always verify the download to validate if the data is correct. Please contact 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

Hello Nigel, Issue has been reported with older Apple iPads and Macs. Please use a Microsoft o/s computer.

Hello Terry Toth, You are welcome. For prior year downloads go to : https://www.ufile.ca/products/cvitp >>Previous Versions: 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011.

Hello yasdaz, Line 20800 – is an RRSP deduction, not sure what you mean by a sdrsp withdrawal but if referring to an RRSP withdrawal : T4RSP - Withdrawal from RRSP If you withdrew funds from your RRSP during the tax year, you should have received a T4RSP slip indicating the amount of the withdrawal. To enter your RRSP withdrawal, please follow the steps below: 1- On the "Left side menu on the Interview tab", select "Interview setup". 2- On the right side of the page, go to the "Pension" group, check the box for "Pension income, other income and spit pension (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click on "Next" at the bottom of page. 3- Return to the "Left side menu on the Interview tab" and select "T4A and pension income". 4- On the screen to your right, choose the option "T4RSP - Income from Registered Retirement Savings Plan (RL-2)". 5- Enter the information regarding your T4RSP slip, either on line "Annuity payment from RRSP (RL-2 box B) and on the field to the right in Box 16 enter the amount withdrawn. The program will carry the amount over to line 12900 of the federal return and, for Quebec residents, to line 122 of the Quebec return. For more information on the premature withdrawal of RRSP, please consult the following CRA link: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/making-withdrawals.html

Hello DKD371, Deceased taxpayer next year (memo) is for the deceased in the year prior to death. Final return is for a deceased return.

Hello Terry Toth, Here is the UFile Win installation link (please note there is no account login required) : The below links are secure, if prompted add the link to your Anti Virus and / or Firewall. UFile 2023 : https://cdn.ufile.ca/ufile/UF2023ANGH8GGHVFENB237KL3KOQ8/ufile2023.exe If experience issues with the exe (example if the Anti-Virus or Firewall blocks the download or Microsoft forces "not Microsoft verified App" ) then download the zip file instead, unzip it and install. UFile 2023 : https://cdn.ufile.ca/ufile/UF2023ANGH8GGHVFENB237KL3KOQ8/ufile2023.zip System requirements : Operating system: Windows® 10 or Windows® 11. Hard disk space: 250mb available. Display: Screen resolution of 1024x768 or greater. Internet access: is required in order to use NETFILE / EFILE, and obtain the latest software updates. To download Windows 11 : https://www.microsoft.com/en-ca/software-download/windows11

Hello cmpqtredhot, There is no minimum income to file income tax with the CRA. He should file (as your Dependant in your file) https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/you-have-file-a-return.html

Hello TaxNovice83, You are welcome. Sorry I can not provide guidance, please contact the CRA. Please contact the CRA at 1-800-959-8281 CRA https://www.canada.ca/en/revenue-agency/corporate/contact-information.html

Hello Sarahlee, Your RRSP over-contribution was in 2023. Late-filing penalties The CRA will charge a late-filing penalty if you do not file your T1-OVP return on time. The due date for filing the T1-OVP is 90 days after the end of the calendar year. The penalty is: 5% of your balance owing plus 1% of your balance owing for each month that your tax return is late, to a maximum of 12 months Your late-filing penalty may be higher if CRA charged you a late-filing penalty on your T1 OVP return for any of the three previous years.

Hello xixicoffee, This is not a software issue, it is an issue with the CRA Rejected Result:32 >>The CRA doesn't have your date of birth or Social Insurance Number on file

Hello TaxNovice83, Please refer to these links : CRA Employment Expense online calculator : 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/calculate-expenses.html Eligible Employment Expenses : https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4044/employment-expenses.html 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

Hello Katie, We have no control over the download. Please contact 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 Note that you can also unput the information manually, eg. T4 / T3 / T5.

Hello Jacky, UFile does not support Input Tax Credits (ITC) and GST/HST returns. FYI : CRA - Input Tax Credits (ITC) : https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/complete-file-input-tax-credit/calculate-methods.html Complete and file a GST/HST return : https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/complete-file-return-business.html

Hello Beamrgurl, Please contact UFile Support to reset your password. Please include above note and screen shot. Please open a request ticket on-line at https://www.ufile.ca/contact/contact-us

Hello Taxreturn, Child must be under 16 years old.

Hello Terry Toth, You do not login to UFile Windows (login is for UFIle ONLINE), it is installed locally on the client pc and launched from either your desktop or Apps

Hello Terry Toth, You do not login to UFile Windows (login is for UFIle ONLINE), it is installed locally on the client pc and launched from either your desktop or Apps

Hello Dooshyan, 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 OR from our website : https://www.ufile.ca/products/cvitp >>Previous Versions: 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011.

Hello DaleH, Yes, you should reconcile /adjust to the CRA NOA.

Hello Mart2383, You are welcome.

Hello DaleH, You are welcome.

Hello Mart2383, To receive the benefit (if eligible).