@mdm1001 @Jsbarros In TurboTax Online or TurboTax Desktop Easy Step Mode, search for "lump".
@Hal18 The T1198 is allowed to be NETFILE'd for 2024, but not for previous years.
@richard150 The T1198 isn't to report your income. That is entered on a T4, T4A or T4E slip. The T1198 is just to ask the CRA to tax the amounts for the prior years as if you received them in those years
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Thanks! Yea, I did NETFILE my return for Tax Year 2024 with the T1198 successfully yesterday. I was just trying to clarify that the $3000 max QRLSP amount was not an impediment for NETFILE.
KR111
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kswilliams17
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