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Hello, I am getting ready to file my income tax and I received this message: "

blank.gif You cannot currently NETFILE the federal return. Please review the following reasons, and make corrections when possible. If an (*) appears at the end of an explanation below, it denotes a NETFILE exclusion (i.e. the return cannot be transmitted

Flipped property gains or losses must be reported on Schedule 3 and as business income.blank.gif

The taxpayer incurred a business loss relating to flipped property. *

I didn't flp any property, i never did. How can I fix this issur?

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  • 4 weeks later...

I had same issue, this solved it:

Can you please verify your self employment page, income and expenses section maybe you entered 0.00 in Profits from property flipping. If you enter 0.00, please remove it.

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