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Geo123

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Everything posted by Geo123

  1. Hello Maria A.H., Yes, you can request an adjustment using the RQ form : TP-1.R-V Request for an Adjustment to an Income Tax Return https://www.revenuquebec.ca/en/online-services/forms-and-publications/current-details/tp-1-r-v/
  2. Hello Maria A.H., You can still add her to your file as a Dependant to get the credit BUT not Netfile her tax return from your account.
  3. Hello Maria A.H., Caregiver Living With a Person (Not His or Her Spouse) 70 or Over Without an Impairment (Part D of Schedule H) >>Calculated automatically if Dependant in the file TP1 : Other credits (see the guide) Specify:[461] [02] Q462 $1,299 https://www.revenuquebec.ca/en/citizens/tax-credits/tax-credit-for-caregivers/caregiver-living-with-a-person-70-or-over/
  4. Hello Zane Unfortunately we have no control over the AFR download. It can be effected by : Internet speed, computer memory/speed , network latency, CRA Server loads, anti-virus, firewall and the data within the download file. You should also verify with the CRA if the account log-on is valid.
  5. Hello caridd, Unfortunately we have no control over the AFR download. It can be effected by : Internet speed, computer memory/speed , network latency, CRA Server loads, anti-virus, firewall and the data within the download file.
  6. Hello GregInSK, Enter both the federal and provincial amounts : [ $,9,000.00] SK [ $,9,000.00]
  7. Hello ttplaya Not at this time. The suggestion has been submitted to the IT / DEV team for future consideration.
  8. Hello Mejs, On Tab 4 - Tax Return >> Summary of carryforward amounts <---CLOSE to the bottom on left hand side DONATIONS Donations (see details) TUITION Tuition and educations amounts Tuition and educations amounts - Provincial Interest paid on a student loan (see details) Canada training credit limit for 2023
  9. Hello ken10142, The condo has two CCA components - the building (depreciable) and the land (non-depreciable). PRE – Principal Residence Exemption 1. On the "Left-side menu on the Interview tab", select the "CRA Questions" topic. 2. On the page that appears, go to the line "Did you sell a principal residence in 2022?". 3. If you answer "Yes", a topic will be generated in the "Left-side menu on the Interview tab" with the heading "Capital gains (or losses) & ABIL". 4. On the page appearing to your right, click on the plus sign "+" icon to the right of the line "Personal use property (Including the principal residence)". 5. On the page that appears, enters the relevant information in the first fields. If you are a co-owner of the residence with your spouse, go to the line "Your percentage share of capital gain/loss recorded here" enter your percentage. 6.The following line will be generated "Do you wish to transfer the remainder to your spouse's tax return (if applicable)?". 7. If you answer "Yes" you do not need to answer the CRA's question "Did you sell a principal residence" in your spouse's file because the program will transfer the information into their file. 8. Then go to the "Principal residence" section and go to the line that starts as follow: "Designation of the property as a principal residence to the Canada Revenue Agency (CRA)." and answer, "Yes" if the property that was sold was your principal residence as defined by the CRA and enter the address of the principal residence. 9. Next, go to the "Designation" section and select the period (taxation years) during which that property was designated as your principal residence. In the fields that follow, enter the year of beginning and the year of the end as the principal residence. 10. However, if you have not permanently resided in your principal residence, click the plus sign "+ Add another" icon to create another occupancy period for your residence. 11 If you rented your residence during the unoccupied period, go to the line "Change in use of property and election under section 284 or 286.1", and by selecting "Yes" a field will be created to indicate the period (from what year to what year) during which the residence was leased.
  10. Hello dingers, Description of the asset: [My_Asset] Opening balance of the undepreciated capital cost : [ ] < - - - ENTER HERE the carry forward (UCC)
  11. Hello hehehehehe, UFile ONLINE is per family, using an account logon to the internet. UFile Win 4 is 4 files, regardless of family, and is installed locally on your pc. If using a MAC you can only use UFile ONLINE FYI : Help me choose Deciding which version of UFile is best for you? The choice is yours. https://www.ufile.ca/get-started/help-me-choose
  12. Hello Kunwar, You can add your key not replace it.
  13. Hello Mejs, UFile can not automate the transfer of data, it must be entered manually.
  14. Hello SteveBob, Please go to the Review Tab (3) and then click on the error message.
  15. Hello apriletmanski, Please contact us at UFile Support so we may review the issue. Please open a request ticket on-line at https://www.ufile.ca/contact/contact-us ATTN : Geo
  16. Hello Vic K, You purchased the Family Head package and not the Family package. Please note that a Spouse is not considered a Dependant How much does UFile ONLINE cost? First family member entered in UFile (family head): $19.95 plus applicable provincial tax and GST Second family member entered in UFile (spouse): $14.00 plus applicable provincial tax and GST Additional family members (dependants)*: $8.00 plus applicable provincial tax and GST Individuals or families with total income* of $20,000 or less: no charge If you do not match UFile's definition of a dependant, you will have to create a separate client file with your own username and password and enter your tax information as a distinct family head. *Total income is the amount appearing on line 150 of your tax return. https://www.ufile.ca/help/faqs
  17. Hello mcmew, UFIle will not permit you claim more than the allowable loss. eg. Shares Loss of $10,000. (Loss to CB = $5,000). If enter $10,000 then UFIle will limit this to $5,000
  18. Hello Mejs, It remains in prior years on your file, it is not automatically, nor can it be, transferred to her new file.
  19. Hello David Buckle, If your *total family income* is less than $20,000*, you will not be charged any fee to print or NETFILE your return(s) with UFile. Should your income exceed this limitation, you will be asked to pay to print the return or submit it via NETFILE. *This is based on the *TOTAL* amount from line 15000 of the federal return of each member of your family i.e the total. (this can include Dependant’s child benefits. https://www.ufile.ca/tips-and-tools/file-for-free#lowincome How much does UFile ONLINE cost? First family member entered in UFile (family head): $19.95 plus applicable provincial tax and GST Second family member entered in UFile (spouse): $14.00 plus applicable provincial tax and GST Additional family members (dependants)*: $8.00 plus applicable provincial tax and GST Individuals or families with total income* of $20,000 or less: no charge *Total income is the amount appearing on line 15000 of your tax return.
  20. Hello ken10142, CCA recapture will be calculated automatically by UFile if the data has been entered from prior year(s) : ACB / UCC / CCA. FYI. Line 9947 – Recaptured capital cost allowance – add to Rental Income proceeds (dispositions) > UCC A recapture of capital cost allowance (CCA) can occur when the proceeds from the sale of depreciable rental property are more than the total of both: the undepreciated capital cost (UCC) of the class at the start of the year. the capital cost of any additions during the year. https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/rental-income/completing-form-t776-statement-real-estate-rentals/line-9947-recaptured-capital-cost-allowance.html
  21. Hello jkee, UFile's ability to absorb downloaded data is a function of computer memory (as well as internet speed and network latency) and the other data in your file. Of note, keep in mind that the broker is not obligated to divulge the actual ACB of your transactions to the CRA; therefore, although you may be able to import the data without data entry into UFile it does not necessarily mean that the data is accurate and complete.
  22. Hello Reverie666, You enter the amount attributed to each employment period : First 5 months / Last 7 months. ie per T777 (each with a T2200). The prorations that are calculated are for Calculation of work-space-in-the-home expenses : Percentage (%) of home being used for personal purposes
  23. Hello ken10142, You can claim the CCA for prior year(s)if you REFile for the prior year(s.)
  24. Hello MikeZ, You can enter in your own file, or you and your Spouse, it will all be itemized on one Worksheet ON428 and ON479 but do not enter the same on both you and your Spouse.
  25. Hello Mejs, You can just leave her in the file (for prior year purposes) and delete from the current year, if no longer a Dependant. Or just leave it and create a new file for her. It is not automatically removed as Dependants can take various forms and types.
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