April 9th? WTF! And that’s probably best case scenario.

FYI, I did some research tonight on WealthSimple. Although they do have an office in New York, their headquarters are in Toronto and they are a Canadian owned company. Furthermore, as per my ChatGPT prompts, it seems the majority of the software development is done in Canada and is not offshored. Do you need any more reasons to switch, my fellow Canadians? 

Has anyone heard if there is a resolution to this or do I need to get a different tax software provider to complete my return?

@sarahs3 Someone posted an unverified rumor on another thread that there might be a fix released on April 9. That’s too long for me, so I switched to WealthSimple today and successfully Netfiled both me and my wife’s tax returns. And I already got back the notice of assessment. They were assessed as filed. Refunds are on their way!

That has to be an April Fools joke about the update not being ready till April 9th.  Any company that wants to remain in business would not be so delinquent in responding to user needs for something as important as filing income taxes.  I mean, it could only be a joke, right?

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@CM1965 wrote:

That has to be an April Fools joke about the update not being ready till April 9th.  Any company that wants to remain in business would not be so delinquent in responding to user needs for something as important as filing income taxes.  I mean, it could only be a joke, right?

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It’s no joke @CM1965 . Do you hear me laughing? Nope.

I just redid all my taxes with Wealthsimple and am getting the same result with box 68140 not populating for my spouse who has the Net Capital Loss.  It is populating for my return but I'm not in a Net Capital Loss position.

Both TT and WS have the same problem exactly.....non population of box 68140 when in a Net Capital Loss position. 

I'll try to contact WS tomorrow and see what they say and get back to you all.    

did you successfully netfile with wealthsimple?

@sarahs3 i did. But even even you have an issue, I’m sure their tech support can’t do any worse than TurboTax’s.

I'm in the same boat as you.  I have prepared tax returns with both Turbotax and Wealthsimple.  Both have exactly the same amount of a refund.  I have a capital loss which creates a zero on line 68140 on the T936.  This happens for both Turbotax and Wealthsimple. 

NOW>>>>> If I remove the transaction creating the capital loss (remove it from the Scedule 3),  line 68140 then correctly populates with the total of the Box 21 on the T3's.   This also happens with Turbotax AND Wealthsimple.  

So if it happens with both, how can it be a Turbotax coding issue?  Damned if I know...