Do you have a T3 slip on your return? If so, please make sure that there is no amount in the box labeled “Amount of communal income reported in box 26”. To get to the T3 slip page in TurboTax Online, please do the following:
- Select Find (or the magnifying glass icon) from the top right
- In the Find window, type in “T3” and then choose “T3 Mutual Fund/Trust Allocations and Designations” from the list. Then click “Go”.
- On the “T3 Summary” page, click “Edit” next to the slip you want to edit.
- Make your changes, then click “Continue” to save them.
As per the Canada Revenue Agency (CRA), Box 26 – Other income include amounts such as the following:
- death benefits
- retiring allowances
- pension income other than lump-sum pension benefits already included in box 22
- net rental income
- net business, farming, and fishing income
- interest income
This Canada Revenue Agency (CRA) page has more information on the T3 slip boxes: Box instructions – T3 slip
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