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posted Apr 26, 2025 9:10:11 AM

I received retroactive pay in 2024 going back to 2019. How do I complete the T1198? No breakdown of principal & interest received?

I received a letter stating the amounts for each year and the total funds received.

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Moderator
May 1, 2025 1:40:47 PM

Did the letter say the total funds were for a "Total Amount" or a "Total Principal"? If it said "Total Principal" then there was no interest paid out.