I get the following warning: "Please verify that you are entitled to claim a 20(11) or 20(12) deduction" I'm not sure what this is in reference to. Can anyone help?

 
jakereelglass
Returning Member

Self-employed

Hi there! 

I believe I can help. Those deductions are both related to Foreign Non-Business Income Tax and Foreign Tax Credit. You can read more about these here: https://help.wealthsimple.com/hc/en-ca/articles/4409704611099#:~:text=When%20you've%20paid%20foreign...). 

 

And here: https://www.taxtips.ca/filing/foreign-tax-credit-non-business-income.htm#:~:text=20(11)%20reduces%20.... So you can make sure that they apply to your situation.