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Geo123

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Everything posted by Geo123

  1. Hello naadiam, You should be able to locate the file by : Open Windows File Explorer (Hold down the Windows Key on your keyboard and tap ‘E’, then release the Windows key). In the left-hand pane, select the location. Example: This Computer or Local Disk (C:). Move your mouse pointer over the search box on the top right-hand corner of your screen and press your left mouse button. Type a portion of the exact name of the file and press enter for File Explorer to work on your result. eg. *.u22
  2. Hello Rebic, You should contact the CRA to **unlock the account ie specifically the transmission to Netfile ** and then wait at least 12 hours to NetFile. Please note there is a difference between CRA myaccount and the CRA Netfiling account and not all CRA agents are aware of this. CRA Tel. : 1-800-267-6999
  3. Hello CGT, To NetFile you need the NAC (NETFILE Access Code)
  4. Hello SDBC, Windows 7 and Windows 7 PRO both can not support UFile Win buy you may be able to use UFile ONLINE. The issue is the SSL protocol and CRA NetFile. FYI : https://answers.microsoft.com/en-us/windows/forum/all/what-is-the-difference-between-windows-7/d599ff3f-3bd9-44cb-b454-759fff667359
  5. Hello p4ers3, Yes class 54 CCA is implemented. Please be sure to enter as in following example : Example – Employment Expenses Purchased vehicle : Make of vehicle ZEV Purchase date of the vehicle 01-01-2022 Kilometres travelled to earn employment income [1000] Total kilometres you drove in the tax year [2000] Description and amount of capital additions of AIIP: <---SELECT AIIP [ZEV] [$50,000.00] Description of the vehicle [ZEV] Adjusted cost base of the vehicle [$50,000.00] Statement of Employment Expenses Allowable motor vehicle expenses (see chart for line 3 on page 2 25,000 <---1000/2000 * 50,000 T777 - Employment expenses p3 Capital cost allowance (depreciation) schedule for employees Part A – Classes 8, 10, 54, and 55 : Col 1 Class 54 Col 3 Cost of Additions 50,000 Col 12 CCA 50.000 Col 13 UCC Ending 0
  6. Hello NRJ, Please logout and login back in. The error should disappear.
  7. Hello flash_os, It appears to be correct. Please also verify schedule 3 (Quebec Schedule G) Capital Gains schedule
  8. Hello RoySmith, It is a warning (notification) and not an error, that the names have been shortened. You can edit the names, if you wish, but it is safe to NetFile.
  9. Hello sodium, You can not "switch" the Family Head. You must create a new file.
  10. Hello askari, Please contact UFile Support so we may review the file confidentially and provide an explanation why they were carried forward. Please open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us
  11. Hello Rebecca04110104 When you participate in the "Home Buyers' Plan (HBP)", you have 15 years to repay the withdrawals from your RRSP. You must repay an amount each year in your RRSP, VRSP or PRPP, until the HBP balance is zero. However, your repayment period begins in the second year. Revenue Canada should inform you when your refund is due when you send your notice of assessment. To make a repayment under the HBP (Home Buyers' Plan), you must contribute to your RRSP (Registered Retirement Savings Plan), PRPP (Pooled Registered Pension Plan) or VRSP (Voluntary Retirement Savings Plan) in the year the repayment is due. Even if you cannot make a withdrawal from your PRPP/VRSP to purchase a HBP, you can designate your contributions as a HBP repayment. For more information, please visit the following link: Specifically, on page 15 at lines 7 and 8 "Repayments under the HBP and the LLP". You have withdrawn funds from your RRSP and if you have contributed to a PRPP or VRSP, please follow the procedure below: 1. In the 'Left-side menu on the Interview tab'', select the ''RRSP contributions, limits''. 2. You must have contributed to your RRSP, PRPP or VRSP, in the period March to December, or in the period of January 1st to March 2nd of the following year. 3. Enter your contribution for the repayment of your HBP at the time of the payment made, either in the period "March to December 2022" or in the period of "First 60 days of 2023"; 4. Return to the "Left-side menu on the Interview tab" and select "HBP, LLP and other plans and funds". On the screen to the right, choose "HBP Participation in an RRSP's home buyers' plan". 5. On the page that appears entitled "Home Buyers' Plan (HBP)", on the line "RRSP home buyers' plan repayable balance at start of 2019", enter the amount that appears on your Notice of Assessment from the previous year. 6. On the line "HBP amount that should be repaid in 2022 (on HBP statement from CRA)", enter the amount you must repay. 7. On the line "Amount of RRSP contributions designated as your 2022 HBP repayment", enter the amount you repaid to your RRSP, PRPP or VRSP. 8. If you have not contributed to your RRSP, PRPP or VRSP, enter $0.00 and the amount will be transferred to line 12900 of the Federal return and to line 154 of the Quebec return, to be added to your total income. The HBP refund amount will be carried over by the program to "Part B of Schedule 7", on line 24600. However, if you have also contributed to your RRSP, the amount of the total contribution will be reported to the "Part A of Schedule 7", on line 24500. For more information, please consult the following link: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan/repay-funds-withdrawn-rrsp-s-under-home-buyers-plan.html
  12. Hello sodium, If your receipt issued by the financial institution indicates that it is a "Transfer under s. 60LV", please follow the procedure below. Also, be aware that a "CRI in the tax sense is a locked-in RRSP" and that a "LIF is a RRIF". 1. On the "Left-side menu on the Interview tab", select "T4A and pension income". 2. On the screen to your right, click on the plus sign "+" icon on the right the line "T4RIF - Income from registered income fund (RL-2)". 3. On the new page generated, enter the amount from box 16 of your T4RIF slip and write it on the line "Taxable amounts from a RFIF (RL-2 box B)". 4. In addition, enter the same amount again on the line "- portions of Box 16 transferred to an RRSP/PRPP (click the?)". This amount will be carried over by the program on line 13000 of the federal return as well as on line 20800. In addition, federal Schedule 7 will indicate on lines 24500 and 24640 the amount transferred
  13. Geo123

    OEPTC

    Hello Lau For the ON-BEN Ontario energy and property tax credit (OEPTC) select the Declaration applicable to you : Declaration for rent paid (tenants), including a private long-term care home Declaration for property tax paid (owners) Declaration for student in a designated residence Declaration for home energy costs for residence on a reserve Declaration for amount paid for public or non-profit long-term care home
  14. Hello flash_os, You do not claim CCA in the final year. As an example of a Rental Sale >>T776 >> Class 1 - 4% Description of the asset: MyRentalSoldBldg QC Proceeds of disposition of an asset[ $120,000.00] QC ACB of the disposition [$100,000.00] QC Description and amount of expenses associated with the disposition of assets: [Broker and legal] [$5,000.00] QC Calculate the capital gain and carry the result on schedule 3 [Calculate capital gain] QC Did you liquidate all assets in this class? QC [Yes OR NO]
  15. Hello MelissaK, Please logout and log back in.
  16. Hello askari, These reports are found in the Tax Return Tab (Tab 4) Summary of carryforward amounts < - - - HERE T-slips summary p1 T-slips summary p2
  17. Hello JamesJones, B.C. renter's tax credit will only be available in 2023. Budget 2023 proposes an annual income-tested renter’s tax credit that will give $400 to low- and moderate-income renter households with an adjusted income of $60,000 or less. Those with an income that is more than $60,000 and less than $80,000 may receive a reduced amount. https://www2.gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/renters-tax-credit#how-much-credit
  18. Hello askari, The donations likely could not be used and were carried forward. Please check these reports : Charitable donations (Federal) Charitable donations (Quebec)
  19. Hello Ctax, There is no way to NOT send a "Business Statement" to the CRA even if the T2125 contains not Income or Expenses It is not contained in the Federal - Return record but is contained in the Federal - T2125 (SFD). There is no override in UFIle. You would require our professional software DTMax T1: https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax.html
  20. Hello taxhelp, Normally this would be a Return for rights or things however, given the amount, please contact the CRA and see if above solution is acceptable for them. Return for rights or things Rights or things are amounts that had not been paid to the deceased at the time of their death and that, had the person not died, would have been included in their income when received. Rights or things can come from employment and other sources. https://www.canada.ca/en/revenue-agency/services/tax/individuals/life-events/what-when-someone-died/optional-returns/return-rights-things.html This is not available in UFile but is available in our professional software : T1: https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax.html
  21. Hello Julie W, 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 Firefox 6.) Check for browser extensions eg. Crypto wallet / Cisco Webex >>Chrome >> Settings >> Manage extensions. 6.) 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.
  22. Hello DMac, Note that a qualifying child must have been under the age of 19 on December 31, 2022 Under the Dependant file select : Tuition, education, student loans Child care Fitness and recreation < - - - HERE Children's arts amount Amount for young children >>Nova Scotia - Children's sports and arts tax credit Enter the fees paid in 2022 to a club, association, or similar organization to register a qualifying child in an eligible program. Do not claim any fees already claimed by another person. For more information click here. Eligible fitness and recreational fees [MySport ] [$Amount] Tax Return : NS479 Children's sports and arts tax credit
  23. Hello Okynnor, The CRA does care - it is in their files. The loss will be carried forward, if it can not be used, to the 2023 file, the new carryforward loss/gain balance will reflect the amounts based on the Ufile ""Capital gains history (Federal)".
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