QueG
Returning Member

Troubleshooting

Hi. 

It is not from investment expenses to earn property income. None such were reported anywhere in my return.

In the "Other Deductions - line 23200" the Turbotax Return states that the amount comes from "Foreign tax deduction under subsection 20(12).

The only place in my return that records foreign tax paid on investments is in the T3s and T5s.

However, the tax reported to have been paid in these forms does not match what Turbotax reports as the Foreign tax deduction - so there must be some formula applied by Turbotax to the T3/T5 taxes paid to calculate the deduction amount. This calculation is what I need to understand.