ToddMck Posted April 3, 2023 Report Posted April 3, 2023 I have a T3 slip with a footnote saying *21-Non business income for foreign tax credit: $2081.59 (The capital gains in box 21 are double that at $4163.18) The instructions say it is to be entered on line 43300 of Form 2209. How do I do this? There is also a smaller amount in box 34 where 50% of it is on Form 2209 already. Thanks Quote
Curmudgeon Posted April 4, 2023 Report Posted April 4, 2023 What Ufile says: T2209 - Federal foreign tax credits Generated automatically based on the entries for foreign income. In Interview setup tick Foreign income or foreign property Select Foreign income & property Quote
Geo123 Posted April 4, 2023 Report Posted April 4, 2023 Hello ToddMck, In Interview SetUp >> Go to the Section >> Investment income and expenses >>Foreign income or foreign property (T1135) --> Select the relevent foreign business Income type and enter the amount AND the witholding tax (if any) Income from foreign dividends < ---- HERE Foreign interest income < ---- HERE Foreign rental income Foreign capital gains - Stock, mutual funds & other non depreciable property < ---- HERE Foreign capital gains - Real estate & other depreciable property Foreign capital gains - Bonds, debentures, promissory notes Foreign capital gains - Other mortgage foreclosures / repossessions Foreign capital gains - Personal use property Foreign capital gains - Listed personal property (LPP) Foreign capital gains - Capital gain from T-slips < ---- HERE Foreign employment income Other foreign income < ---- HERE Quote
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