Jump to content

t691 AMT error

Recommended Posts

Hi all,

Looks like line 78 on t691E AMT is incorrect. 

The instructions of the line says "Investment tax credit amount up to, but not more than the amount from line H of Form T2038(IND)". Ufile just uses line H of form T2038 (which is the maximum allowed), however it should be line J of Form T2038, which is the actual amount claimed. This has downstream effects on provincial AMT as well.

Given more and more of us are going to be subject to AMT in the future, I would appreciate it if this can be corrected.

Thank you!

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.

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.

  • Create New...