york9w Posted April 24, 2021 Report Share Posted April 24, 2021 I have filled T1135 but the income from "1 Fouds held outside Canada" did not show up on line12100, why? Thank you. Link to comment Share on other sites More sharing options...
clw Posted April 24, 2021 Report Share Posted April 24, 2021 There is a difference between reporting foreign income in Ufile and use of the T1135 form. This form is used to report investments in foreign countries that exceed 100,000 CAD$. The form is not part of the income tax return, it has no tax consequences unless you fail to file it. It is simply a ‘wealth tracking mechanism’. Foreign income is entered through the foreign income dialogue in the Interview section. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.