Geo123

Hello Mart2383, Please contact the CRA at 1-800-959-8281 CRA https://www.canada.ca/en/revenue-agency/corporate/contact-information.html FYI - funeral costs are not eligible

Hello DaleH Line 22100 – Carrying charges, interest expenses, and other expenses 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 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-22100-carrying-charges-interest-expenses.html

Hello jwdeon, Glad to hear it, you are welcome.

Hello jwdeon, Please logout and clear your cache. If you are using Microsoft Edge, Google Chrome, or Mozilla Firefox you can quickly clear cache with a keyboard shortcut. While in your browser, press Ctrl + Shift + Delete simultaneously on the keyboard to open the appropriate window. Safari (Mac) with the Option-Command-E. Log back in. The error should be gone.

Hello Melee, ABIL (Allowable Business Investment Loss) As a rule, you can deduct a business investment loss if you incurred losses in the taxation year on investments (shares or debt securities) in a Canadian-controlled Small Business Corporation Shares (not listed on a stock exchange). You can claim this loss on lines 21700 and 21699 of the federal return, and for Quebec residents on lines 233 and 234 of the Quebec return. The program will generate the federal ABIL schedule, as well as form TP-232.1, Calculation of ABIL, for Quebec. For more information, consult the following sites: For the CRA: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/lines-217-228-business-investment-loss.html For Revenu Québec: https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/completing-your-income-tax-return/line-by-line-help/201-to-260-net-income/line-234/ To report this loss, please follow these steps: 1. On the "Left-side menu on the Interview tab", select "Interview setup". 2. On the right-hand side of the screen, go to "Investment income and expenses" group, check the box for "Capital gains (or losses) and capital gain history". 3. Return to the "Left-side menu on the Interview tab" and select "Capital gains (or losses) & ABIL". 4. On the page generated on the right, click on the plus sign "+" icon to the right of the line "Current year allowable business investment loss (ABIL)". 5. On the page that appears, provide the pertinent information. 6. You must enter the "Date of disposition" and "Proceeds of disposition". 7. If the amount is from debt securities go to line "Amount of small business loan eligible for the ABIL deduction" and in the field to your right, choose one of the two options and enter the amount. The program will calculate the loss and carry over the amounts to the relevant lines of the returns.

Hello KMK, Please see below. >>

Hello Melee, To enter the amount of foreign rental income, you have two procedures to perform. A. First, you must produce a rental income statement form by following these steps: 1. On the "Left side menu of the Interview tab", select "Interview setup". 2. On the right-hand side of the screen, go to the "Rental income" group, check the boxes for "Rental property income" and click "Next" at the bottom of the page. 3. On the "Left side menu of the Interview tab", select "Rental property Income" and on the right-hand side, choose "T776 - Rental income property". 4. Since the building is located outside of Canada, you have 3 choices. A) On page "T776 - Rental Property Identification". You can leave the "Address of your rental property" blank, and the program will use your home address of Canada and you may submit your return via NETFILE. B) Your second choice, which we favor, in the section "Address of your rental property" you indicate the civic number of the foreign property on the line "Street" and the line "City" you enter the city and state and the country. However, you indicate your province of Canadian residence and your Canadian postal code. You will be able to send by NETFILE. C) If you enter the full address of the property in the country where your property is located, you will not be able to submit your return by NETFILE, and then you must mail it to Revenue Canada. 5. Once the information regarding the identification of the property has been entered, click "Next" at the bottom of this page and you will have access to the items "Income, expenses", "Labour costs", "Motor vehicle expenses", "Partners" and "CCA" complete the sections that relate to your situation. B. Then, as a second operation, you must enter your net rental income and foreign taxes paid in the foreign income section by following these steps: 1. Return to the "Left side menu on the Interview tab", select "Interview setup". 2. On the right-hand side of the screen, go to the "Investment income and expenses" group, check the boxes for "Foreign income or foreign property (T1135)" and click "Next" at the bottom of the page. 3. Select "Foreign income & property" and in the screen to your right, go to the group "Forein non-business income" click the plus sign "+" icon to the right of the line "Foreign rental income". 4. On the page entitled "Foreign income - rental", if you have foreign taxes paid on foreign rental income that you reported as rental income, enter the net business income on the line "Foreign rental income entered as business income". If applicable, enter the "Amount of foreign tax paid" on this rental income and click "Next" at the bottom of the page. Form T2209 will be produced by the program and the program will tell you if you are eligible for the federal foreign tax credit. While for residents of Quebec, form TP-772 will be generated by the program and will show you on line 49 the foreign tax credit. The foreign tax credit will be carried forward by the program to line 40500 of the federal return and line 409 of Schedule E of Quebec, Foreign Tax Credit. In addition, the program will generate federal form T776 - Statement of Real Estate Rentals, as well as form TP-128 - Income and Expenses Respecting the Rental of Immovable Property. For more information, please consult the following link: https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/information-been-moved/rental-income-non-resident-tax.html Remember, if your foreign property has a value above $100,000 CAN, do not forget to indicate at "CRA questions" and complete the "T1135 Foreign Income Verification Statement".

Hello Danbi, If you have an unused contribution to your RRSP from the first 60 days of 2023, *the reporting method will depend on the actual situation.* **If the amount was reported in 2022 and not used in 2022**, therefore carried over to 2023, then it is an unused contribution and the UFile program would have carried it over to 2023. ***IF you have a RRSP from the first 60 days of 2023, and it was never reported before***, then you have to make an adjustment to your 2022 tax return or if you successfully NetFiled your 2022 tax return you can ReFILE your 2022 return after you have made the entry into your 2022 return. OTHERWISE Generally, you have to pay a tax of 1% per month on excess contributions that exceed your RRSP/PRPP deduction limit by more than $2,000 unless you: withdrew the excess amounts. contributed to a qualifying group plan If you over-contribute $2,000 or less to your RRSP, you cannot deduct those excess contributions from your taxable income, but you are not charged a penalty on those contributions either. Excess contributions over the $2,000 mark, however, are charged a penalty.

Hello Son_of_a_tax, Am unclear why you would claim these supplies for a T2125 Business. Please check with a tax advisor or 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 walhay, To enter these IRS slip 1042-S:.(assuming you are a Canadian resident) >>>Interview setup (left hand navigation pane - - beneath “CRA Express NOA”) >> Double click “interview setup” >>On right hand of screen Find the section [Investment income and expenses] >>Select Foreign income or foreign property (T1135) - - > >>Foreign capital gains - Stock, mutual funds & other non depreciable property >>In the section [Foreign non-business income] >>Foreign income - other *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 [Gambling IRS 1042-S code 28] 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 [$100.00] *Amount of foreign tax paid [$10.00]

Hello Mart2383, T4A(P) slip - Box 18, CPP or QPP death benefit $2,500 / $2500 If you received the death benefit amount and you are a beneficiary of the deceased person's estate, you can choose to include it either on line 11400 of your federal return, and for Quebec resident on line 154 of the Quebec return. Also, you can report this benefit on a T3 Trust Income Tax and Information Return (TP-646 for Quebec) for the estate. The amount of tax payable may be different, depending on which return you use. Do not report the death benefit on the deceased person's individual tax return. To include this amount on your own return, please follow these steps: 1. In the "Left-side menu on the Interview tab", select the "Interview setup". 2. Then, on the page appearing on the right, go to the "Pension" group, check the box ''Pension income and split pension income (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click on "Next" at the bottom of the page. 3. Return to the "Left-side menu on the Interview tab" and select the "Pension income, T4A, split pension". 4. On the right-hand side, choose the option "T4A(P) - Statement of Canada Pension Plan Benefits". For Quebec residents, the option is "T4A(P) - Statement of Quebec Pension Plan Benefits (RL-2)". 5. Enter in ''Box 18 - death benefit'' the amount of death benefit received, and then click "Next" at the bottom of the page. The program will enter this amount on line 11400 of your federal return and on line 154 of your Quebec return.

Hello Mart2383, T4A(P) slip - Box 18, CPP or QPP death benefit $2,500 / $2500 If you received the death benefit amount and you are a beneficiary of the deceased person's estate, you can choose to include it either on line 11400 of your federal return, and for Quebec resident on line 154 of the Quebec return. Also, you can report this benefit on a T3 Trust Income Tax and Information Return (TP-646 for Quebec) for the estate. The amount of tax payable may be different, depending on which return you use. Do not report the death benefit on the deceased person's individual tax return. To include this amount on your own return, please follow these steps: 1. In the "Left-side menu on the Interview tab", select the "Interview setup". 2. Then, on the page appearing on the right, go to the "Pension" group, check the box ''Pension income and split pension income (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click on "Next" at the bottom of the page. 3. Return to the "Left-side menu on the Interview tab" and select the "Pension income, T4A, split pension". 4. On the right-hand side, choose the option "T4A(P) - Statement of Canada Pension Plan Benefits". For Quebec residents, the option is "T4A(P) - Statement of Quebec Pension Plan Benefits (RL-2)". 5. Enter in ''Box 18 - death benefit'' the amount of death benefit received, and then click "Next" at the bottom of the page. The program will enter this amount on line 11400 of your federal return and on line 154 of your Quebec return.

Hello Taxreturn, See below in dependant return.

Hello Kennethcmuir, 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

Hello Taxreturn, You are welcome.

Hello Ron_K, You are welcome.

Hello wolvesh8, Remove the DIEP If not 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

Hello jonny, You are welcome.

Hello Ron_K, Donations 1 - On the "Left side menu on the Interview tab", select "Interview setup". 2- On the screen on your right, go to the "Common tax deductions" group, check the box for "Donations and federal political contributions" and then click "Next" at the bottom of the page. 3- Return to the "Left side menu on the Interview tab", select "Donations/political contributions" and in the screen on your right, click on the plus "+" icon to the right of the appropriate option. In general, the most common option would be "Canadian charitable donations (other than per T4 slips and other slips)". 4- On the page that appears, enter the relevant information about your donations.

Hello LilF, The NAC is not required to NetFile. While this Access code is not mandatory, if you do not enter your Access code, you will not be able to use any information from your 2023 tax return when confirming your identity with the Canada Revenue Agency. You will have to rely on other information for authentication purposes. 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

Hello jwdeon, Sorry to hear you are experiencing technical issues with the payment page. Be certain all error messages are cleared in the Review Page. Of note, warnings (as opposed to errors) will not prevent the tax filing or payment. Please logout and clear your cache. If you are using Internet Explorer, Edge, Google Chrome, or Mozilla Firefox you can quickly clear cache with a keyboard shortcut. While in your browser, press Ctrl + Shift + Delete simultaneously on the keyboard to open the appropriate window. Safari (Mac) with the Option-Command-E. Log back in. The error should be gone. Also verify that you actually have a T2 account and not a T1 account. If the issue persists, can you please send a print screen of the error message? Can you please provide us with this information : -Operating system eg. Win 11 -Anti Virus / Firewall eg. Windows defender -If you are on a VPN -Browser eg. EDGE -If you have any browser extensions eg. crypto wallet

Hello Ron_K, Please check the CRA List of charities and other qualified donees : https://www.canada.ca/en/revenue-agency/services/charities-giving/list-charities/list-charities-other-qualified-donees.html

Hello jde5, 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

Hello wolvesh8, Limit the CCA to the desired amount.

Hello Yasser1, If issuer is SunLife - yes.