Form T1198 – Statement of Qualifying Retroactive Lump-Sum Payment is a form you submit to the Canada Revenue Agency (CRA) if you received a lump-sum payment and would like them to complete a special tax calculation that takes into account the unusual nature of this lump-sum payment.
For more information please follow our TurboTax Article T1198 Form – Statement of Qualifying Retroactive Lump-Sum Payment
Switch from Easy steps to forms in Turbo Tax. then select the form "NETFILE" form and you will choose one of the boxes saying I want to use a T1198.
In the NetFile Worksheet, under the bold heading, "Do any of the above situations apply", you will find a "Are you reporting a qualifying retroactive lump-sum payment on Form T1198". You will find the box checked yes or no depending on if you need it. Go back to the easy steps and submit your tax return.via Netfile.
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