Thank you for your response.
1. I assume that the calculate feature is automatic and we do not have to turn it on? I tried to test this by entering the actual amount of eligible dividend in Box 24 for T5 slips, but I don't see Boxes 25 and 26 being auto-populated? Furthermore, the amount entered in Box 24 does not get carried forward at all to the T1-SUPP, T1 Worksheet or the T1 General. This seems to imply that the user is required to hard key all 3 boxes relating to dividend income received in the T-Slips?
2. The taxable amount of eligible dividends and the dividend tax credit are defined specifically by reference to a formula; therefore, unless the tax rules change, the tax slips should not be different from what is auto-calculated by Turbotax (unless the tax slips were prepared incorrectly), so I am still not clear why Turbotax does not just ask for Box 24 and leave it at that. There is no way Box 25 can be anything other than 1.38 times the amount reported in Box 24, because that is the formula prescribed for purposes of the Income Tax Act.
