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itfok
New Member

Is the form T1229 Statement of Resource Expenses and Depletion Allowance available on the TurboTax online platform?

I cannot find a place to enter my foreign exploration & development carryforward amount. I need to claim 10% of the carryforward amount as exploration & development expenses on line 22400.
2 Replies

Is the form T1229 Statement of Resource Expenses and Depletion Allowance available on the TurboTax online platform?

This would come from your T5013 slip, which is located under the "Income" tab - "Tslip" - T5013. Once the amount has been entered from this slip, the 10% will translate to line 22400.

itfok
New Member

Is the form T1229 Statement of Resource Expenses and Depletion Allowance available on the TurboTax online platform?

Thanks. But what if I don’t have any T5013 slips for 2019? I only have a carryforward amount from prior years. Where do I enter this carryforward amount so I can claim the 10% on my 2019 return?