- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Getting started
You cannot report a negative value as a foreign income on T1135. The income on this form refers to gross income, not net income. You can report a negative value on the cap gain (loss) box.
Use form T776 to claim the expenses against your rental income. The T1135 amount will not be transferred to your return, it is for information purposes for CRA.
Thank you for choosing TurboTax.
May 10, 2023
11:23 AM