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@Hal18 T1198 is available on TurboTax Online and Desktop. This year, you should be able to NETFILE it within your return, instead of sending it by mail.
If you have an issue with you T1198 form, please send us details and we will be happy to help you with it.
Thank you for choosing TurboTax.
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When I enter the info on the T1198 in TurboTax it seems to make no difference in my return.
The Total principal (prior years only) is for $3445.
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Hi. I received a T1198 from my employer. How do I enter this on my tax return? Do I just enter my T4 as usual and then the information from my physical T1198 I received from my employer on the T1198 on the Turbotax program? When I look at the T1198 in the Turbotax program the description within the form looks like it's for the payee (my employer) not the recipient (me).
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Hi. I received a T1198 from my employer. How do I enter this on my tax return? Do I just enter my T4 as usual and then the information from my physical T1198 I received from my employer on the T1198 on the Turbotax program? When I look at the T1198 in the Turbotax program the description within the form looks like it's for the payee (my employer) not the recipient (me).
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@TurboTaxVeronique Thanks! I used the desktop version of Turbo Tax. I was able to fill out T1198 in Turbo Tax using the information from the QRLSP form that was sent to me by my employer. I had read on a CRA website that if the amount exceeds $3000, one will not be able to NETFILE. However, my amount was about $6000 and I was able to NETFILE.