Releve 27 for Quebec

Hello I have a Releve 27 receipt for Quebec , I do not see where I can enter the amount in the Turbo tax. I am using the standard version.

 

Please call if possible [phone number removed] 

Troubleshooting

In most cases, an RL-27 slip is issued for information purposes only. You do not have to enter it on your tax return. However, there are some exceptions:

 

If you hold a taxi owner's permit and have received a RL-27 slip indicating the allowance paid to compensate for the loss of value of your licence, you must enter the information found on your RL-27 slip in the Self-employment section to reduce the capital cost of the permit and the undepreciated capital cost (UCC) of the amortization category to which the permit belongs.

 

If you received a payment related to self-employment, you must reduce the amount of the corresponding expense or reduce the capital cost of the financed property or report it as other income in the Self-employment section of TurboTax.

 

To switch to the Self-Employment section of TurboTax Online:

  1. Click on Find (magnifying glass) in the top right-hand corner. 
  2. Type "self" in the box, then select "self-employment" from the list, and click “Go”.

Troubleshooting

Hi Susan. In Quebec I did receive a subvention from the government  for change my Heating system (Chaufez-Vert program. Now I did get a  #2 RELEVES 27 where could I enter the subvention amount if in the interview doesn't appear the releve 27 option? Thanks

 

Troubleshooting

Are you a business? If not, then it doesn't need to be entered and if you are a business that claimed the replacement of the heating system then you will enter it under Income. 

 

Thank you for choosing TurboTax.

Troubleshooting

Thank you Brenda 👍

Abbey5
New Member

Troubleshooting

Thank you I do have a RL27 and own a small business. However I cannot find where to enter the RL27 amount in TurboTax app, nor the top right magnifying glass. I did go into T2125 schedule for self employment. Which line should I enter the RL 27 box A amount (paiments contractuels)? Thank you

Troubleshooting

@Abbey5 Box A is Contractual payments. These are amounts received in payment of a service rendered, or in payment of a service rendered and the acquisition or lease of property. It all depends on the purpose why you received this Releve 27.

 

To know exactly on which line you should enter this amount, you should contact Revenu Quebec.

 

Thank you for choosing TurboTax.