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I checked a box: "I elected to defer tax on a distribution of spin-off shares by a foreign corporation" but I was not asked for more details about this. Wherecan Idothis?
It is one of the eligible spin-offs listed here:
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/foreign-spin-offs.html
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/foreign-spin-offs.html
April 14, 2023
10:16 AM
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Investors and rental owners
If you need assistance with TurboTax Business Incorporated or preparing your incorporated business tax return (T2), you can contact the dedicated support team using the chat here: https://public-consumer-chat.app.intuit.com/app/ccs/consumer?experienceId=ttbInc. Agents are available 9:00 am to 6:00 pm EST, Monday to Friday.
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April 16, 2023
12:52 PM