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First time filing my own taxes - What is TOSI? I have a warning that I need to indicate whether I have tax on split income (TOSI) and have no idea how to respond.

 
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First time filing my own taxes - What is TOSI? I have a warning that I need to indicate whether I have tax on split income (TOSI) and have no idea how to respond.

Please review the link below to understand TOSI (Tax on Split Income):

And to find this on your TurboTax return is under the "Income" tab then scroll down to "Tax on Split Income"

Alternately, you can use the "Find" icon top right corner of the screen and type that in.

 

As a first time filer, you will have to print and mail your tax return to the CRA, you will not be able to "Netfile".

 

 

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