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godneythibault
New Member

T2c investment amount, provincial tax credit & federal tax credit where do you inter this info?

 
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TurboTaxSusan
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T2c investment amount, provincial tax credit & federal tax credit where do you inter this info?

In TurboTax Online, click on Provincial Tax Credits under Provincial in the left side menu. Put a check mark next to “Labour sponsored venture capital tax credit” and click Continue On the 1st LSVCC – Saskatchewan page, you get the option to put unused credits from last year, as well as a button to enter a T5006. The T5006 slip has boxes for the T2C at the bottom.

 

If you are in TurboTax CD/Download EasyStep Mode, use the Find tool to search for LSVCC, select it from the list and click Go. There is a page for entering the cost of your LSVCC shares, and when you click continue, there is a page to enter info from your T2C.

 

In TurboTax CD/Download Forms Mode, click the Forms icon and search for LSVCC. Select it from the list and click OK. You’ll get the LSVCC worksheet with sections similar to what you see in EasyStep Mode.

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