zig Posted February 20, 2023 Report Posted February 20, 2023 (edited) My business is a sole proprietorship. Is there a glitch in the interview question in T2125 re “Your share (%) of the ownership if other than 100%.” The box is auto filled with “0%”. In the help section if states… “Specify your share of ownership if other than 100%. UFile will apply this percentage to reduce your income accordingly.” In other words, if your share is 100% you shouldn’t need to fill in this question. However, unless you enter in 100% your net business income will not be transferred over to your tax return, line 13500. The wording to this question was the same in Ufile 2021 however, the function of this year’s software works differently. Last year you didn't have to answer this questions and left box as 0% if your share was 100%. Has anyone else come across this issue? Edited February 20, 2023 by zig Added text for clarification. Quote
Geo123 Posted February 20, 2023 Report Posted February 20, 2023 Hello zig, Please contact UFile Support so we may review the file confidentially. Open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us Please include the above text in your request and indicate Attn Geo Quote
zig Posted February 20, 2023 Author Report Posted February 20, 2023 Solution found! My error. The "Your share" box is not auto filled with 0%, the box is empty. Do not enter anything in this field if you are a sole prop. The field should be left blank. Thanks to Geo123 (Moderator) and George (Ufile Team) for their assistance. Quote
Geo123 Posted February 21, 2023 Report Posted February 21, 2023 Hello zig, Glad it worked out and thanks for the explanation. You are welcome. Quote
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