Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Dec 2, 2019 2:14:40 PM

Should I check the box for "Ontario Focused Flow-through Share Tax Credit"?

0 1 548
1 Replies
Level 6
Dec 3, 2019 9:53:31 AM

Hi, thank you for using Intuit turbotax Live Community

To  claim the Ontario Focused Flow-through Share Tax Credit (OFFTS) you must be a resident of Ontario on December 31 of the tax year and have either a T101 or T5013 slip with the credit reported on the slip. There would need to be an entry in box 145 of the T101 or box 200 of a T5013.

After the above entries are made, Turbotax  will complete the required T1221 and ON479 forms

 

For more information you can review the Ontario web link here:

https://turbotax.community.intuit.ca/community/forums/replypage/board-id/256/message-id/4419

 

Hope this helps