Jump to content
Français

How to NOT send Business Statement to CRA


Ctax

Recommended Posts

I have a client who operated a business in the prior year (2021) so the business carry forward amounts show in U-file Pro T1 for 2022 .  The client did not operate the business in 2022 so I don't want anything to be calculated (i.e. cca) and don't want it sent to CRA.  The client has resumed the business in 2023 so I don't want to lose the data by deleting the business.

In DTMax (program I used previously) you were able to enter 'yes' in "Schedule Only".  This ensured the business info was not sent to CRA when e-filed.

Is there a way to code the file in UFILE PRO so that the data doesn't get e-filed to CRA as part of the submission?

Thanks

Link to comment
Share on other sites

Hello Ctax,

There is no way to NOT send a "Business Statement" to the CRA even if the T2125 contains not Income or Expenses 

It is not contained in the Federal - Return record but is contained in the Federal - T2125 (SFD).  There is no override in UFIle.

You would require our professional software DTMax 

T1: https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax.html

Link to comment
Share on other sites

On 4/19/2023 at 6:05 PM, Geo123 said:

Hello Ctax,

There is no way to NOT send a "Business Statement" to the CRA even if the T2125 contains not Income or Expenses 

It is not contained in the Federal - Return record but is contained in the Federal - T2125 (SFD).  There is no override in UFIle.

You would require our professional software DTMax 

T1: https://www.thomsonreuters.ca/en/dtprofessionalsuite/products/dtmax.html

Thank you for responding. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...