Ufile T2 - Corporation income tax return - Is Schedule 21 Foreign tax credit supported? If yes, where?

[P_tax2021]

My Canadian company has certain income from export. The country where I provide services has DTAA with Canada and so do withheld 10% of income. Typically this is reported on Federal T2 - Schedule 21. 

I am trying to complete my T2 on UFile. But I don't see any place where foreign income and tax credit can be entered or Schedule 21 mentioned. Does UFile support this feature?

[Carine14]

Hi @P_tax2021, unfortunately Ufile Online for T2 don't support Schedule 21. For more informations please select this link: www.ufile.ca/products/supported-forms-for-ufilet2?_ga=2.245057541.1441313915.1627915407-749558113.1627325586

 

[Alvaro]

Hello, 
Where do I enter the foreign tax paid on an investment on the T2?
(Line 16 of aT5)
Is this also Schedule 21? 

Thank you for your help

 

 

 

[Geo123]

Hello Alvaro,

RE : Foreign Tax Credit – Schedule 21
T2SCH21 Federal and Provincial or Territorial Foreign Income Tax Credits and Federal Logging Tax Credit
For example a T3 Box 25 - Foreign non-business income / T3 Box 33 – Foreign business income tax paid / T3   Box 34 – Foreign non-business income tax paid/ T5 Box 16 - Foreign tax paid
Unfortunately, UFile T2 does not support this form.  
FYI - UFile T2 Supported forms: https://www.ufile.ca/products/supported-forms-for-ufilet2
 However, we do have a professional tax software that will address your needs, please contact us regarding our offering :
Sales Department
1 866 653-8629
DT-sales@thomsonreuters.com
DTMax Overview:
https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax.html
DTMax T2 :
https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax/dtmaxt2.html

FYI UFile T2 supported forms :
https://www.ufile.ca/products/supported-forms-for-ufilet2