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CANNOT NETFILE DUE TO LINE 020 & 028 ON T4A


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T4A slip - Box 020 - Commission income - Self-employed
 

You have received a T4A slip with an amount in box 020 for the commissions you received when self-employed. It should be noted that this amount does not include taxes.
 

To enter this amount in the program, please follow the steps below:
 

1- In the "QuikClik Navigator" located on the left-hand side of the screen, select "Pension income, T4A, split pension".

2- On the page appearing on the right, select "T4A - Pension, retirement, annuity, and other income".

3- On the newly generated page, enter the amount from box 020 of the T4A slip on the line "Box 020 - self-employed commissions (report this amount as a T2125 - Commission income)".

4- Return to the "QuikClik Navigator" and click on "Interview setup".

5- On the page that appears on the right, select the "Self-employed business income" and click "Next".

6- In the "QuikClik Navigator", click on the line "Self-employment income" and, on the page appearing on the right, select "T2125 - Commission income".

7- On the page "T2125 - Business identification", enter the name of the business on the line "Name of the commission business (or your own name if the business does not have one)", then enter the other information in the required fields marked with a red asterisk.

8- In the field for "6-digit code from the North American industry classification system", enter the code that best describes your industry. If you do not know the code, click on the tool tip (the question mark) (?) on the right-hand side of the box to get it.

9- In the section "Income and expenses", enter $0.00 for the line "Gross sales, commissions or fees" and enter the amount in box 020 of the T4A slip in the field "Self-employed commissions (T4A Box 020)". If you have expenses, enter them in the boxes corresponding to their description.

10- For expenses, if your company is registered in the GST and HST (QST), these expenses must be entered before taxes to reflect the ITRs and ITCs you claimed.
 

The amount will be reported on lines 166 and 139 of the federal return, as well as on line 154 of the Quebec return and on line 25 of Quebec Schedule L, if applicable. The program will also generate federal form T2125, as well as Quebec form TP-80 if required.
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T4A slip - Box 028

 

You have received a T4A slip with an amount entered in Box 028 along with the note "Other indemnities - industrial accidents" for compensation paid by the employer following an accident at work.
 

To report this amount, in the "QuikClik Navigator", located on the left-hand side of the screen, select "Pension income, T4A, split pension". On the page to the right, select "T4A - Pension, retirement, annuity, and other income".
 

You must enter the amount in the section "Other information". In the drop-down menu, choose the line "Other indemnities - industrial accident".
 

For Quebec residents:

If the amount in Box O of the RL-1 differs from the amount shown on the T4A slip, click on the "Maple Leaf/Fleur de Lys" icon of the corresponding box and a new box will be displayed where you can enter the amount for Quebec. This box will only be displayed if you have entered the federal amount first.
 

The amount will be transferred by the program to line 130 of the federal return and line 148 of the Quebec return. The code 01 will be entered on Quebec line 149 (if applicable).

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T4A slip - Box 048 - Fees for services - Business income
 

You have received a T4A slip with an amount in box 048, for the professional fees you earned. It should be noted that this amount does not include taxes.
 

To enter this amount in the program, follow the steps below:
 

1- In the "QuikClik Navigator" located on the left-hand side of the screen, click on "Pension income, T4A, split pension".

2- On the page appearing on the right, select "T4A - Pension, retirement, annuity, and other income".

3- On the newly generated page, enter the amount from box 048 of the T4A slip on the line "Box 048 - fees for services (report this amount as a T2125 - Business or Professional income)".

4- Return to the "QuikClik Navigator" and click on "Interview setup".

5- On the page appearing on the right, select "Self-employed business income" and click "Next".

6- In the "QuikClik Navigator", click on the line "Self-employment income" and, on the page appearing on the right, select either "T2125 - Business income" or "T2125 - Professional income" .

7- On the page "T2125 - Business identification", enter the name of the business on the line "Name of the professional business (or your own name if the business does not have one)", then enter the other information in the required fields marked with a red asterisk.

8- In the field for "6-digit code from the North American industry classification system", enter the code that best describes your industry. If you do not know the code, click on the tool tip (the question mark) (?) on the right-hand side of the box to get it.

9- On the next page, "Professional income and expenses", enter $0.00 for the line "Gross professional fees including work-in-progress (WIP) and GST/HST collected or collectible" and enter the amount of box 048 of the T4A on the line "Fees for services (T4A Box 048)". If you have expenses, enter them in the boxes corresponding to their description.

10- For expenses, if your company is registered for the GST and HST (QST), these expenses must be entered before taxes to reflect the ITRs and ITCs you claimed.
 

The amount will be reported on lines 162 or 164 and 135 or 137 of the federal return. If applicable, this amount will also appear on line 154 of the Quebec return as well as line 25 of Quebec Schedule L. The program will also generate federal form T2125, as well as Quebec form TP-80 if required.

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