Here is what can help you to sort it through:
1) Box 118 (Gross business income)
Any amount showing in Box 118 for a Limited partner should not be entered.
The instruction to report the amount on line 162 is incorrect.
Box 118 applies only to a General partner (code 2 in Box 002, Partner code).
Moreover, according to the CRA Certification specifications, when Box 118 is present, Box 116 must also be present along with a NAICS Industry code.
The confusion arises from the changes made in the new T5013 slip.
There used to be a general purpose Box 34 (Partnership's total gross income) that was used for Limited partners. That box has been eliminated.
