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reporting estimated Canada Child Benefit as an income
Hello,
I am filing multiple years of taxes at the same time. for an example. 2018 and 2019. I have already filed 2018 via NETFILE and now in process of filing 2019. I got an estimated amount of Canada Child Benefit by TurboTax software. My question is, should I report this estimated amount when filing taxes for 2019? if yes than under what section should i report it?
OR
should i report it once i receive it this year. means report it when filing taxes for year 2020 under RC62 form line 12 (repayment of previous year benefits)?
thanks
SR
‎July 23, 2020
9:22 PM