Has anyone had an issue with T4A box 48 not autofilling into income? I manually enter the amounts correctly but CRA reassessed because of the missing info. Not good!

[tgobillot]

I bought the program from Costco - Turbotax Standard for 8 returns.  Should I have bought a different one?  I never have before?

[TurboTaxSusan]

TurboTax Deluxe Online doesn't support Self-Employment income. If you enter anything that is not supported, it will tell you that are being upgraded, and you'll be asked to pay the difference before you can file.

If you didn't have to pay extra, then for some reason your T4A box 48 didn't trigger the self-employment section. I would recommend contacting our phone support at 1-888-829-8608 as they will be better able to assist you. They can look at your return with you to see what might have happened. 

[tgobillot]

Thank you, I will reach out to phone support.

[samsonpyng]

Now, it is my turn that I run into the problem that T4A Box 048 is NOT going to 13500. I get reassessed. There is a problem in the program. 

[TurboTaxAniqua]

@samsonpyng T4A box 48 goes to the T2125, and result of T2125 goes into line 13500 (net business income). Is the amount from T4A box 48 showing up on your T2125? 

Check if you have fill out T2125.

T4A box 48 is "Fees for services", which is considered self-employment/business income. This is why the CRA is saying the amount needs to go on line 13500, which is net business income. Line 13500 is calculated based off of the result of the T2125, so if there is no T2125, then line 13500 will be empty.

[AESS]

I have used this program for 15 years with no issues for the T4A box 48 :Fees for services: automatically populating the correct line on the T2125 business return until the 2024 version.  To my understanding the T4A for 2024 has not changed, nor has the assignment for the Box 48 Fee for Services which has traditionally populated the T2125.  With all of the other issues going on, why would something that has worked continuoulsy for 15 years suddenly not work?  It creates a mountain of uncertainty about the programmers at TurboTax and whether the program is no longer suitable to trust for small business owners.  Since I last reported this, there have been two formal updates, but this issue, which seems minor in comparrison to the capital gains fiasco between the CRA and Turbo Tax seems like an easy fix to make.  

[TurboTaxVeronique]

@AESS, when you use Auto-Fill, it is really important to go through all the T-slips imported and make sure all the information is accurate with the original slip. It is one of the NETFILE conditions.

When a verification of the T4A is done after Auto-Fill, you'll have to open the T4A and select the source of the box 48. If you don't, the software won't be able to report this amount at the proper place in your return (see screenshots).

When you enter manually your T4A slip, the source of box 48 is required to be able to save it and go to the next step (see screenshot). If no source is selected, you will have an error message.

Thank you for choosing TurboTax.

[AESS]

I have NEVER had to "tell" the program where to put the amount in Box 48 in 15 years.  I get it if you have mutliple businesses and multiple T2125 forms open, but with only one open, where else would it go?  I appreciate the reply as it now works as it always "used to" before the new "improvement".  Thank you for clearing this up. 

[TurboTaxVeronique]

@AESS this is something we had also in TurboTax Online last year (2023). 

Each T4A box 48 needs a source. You can have more than one T2125, if needed, and, as it showed on my last screenshot, it will show in one of the T2125 under income. You have to make sure you also select the proper type of business when you create your T2125. 

If it's not showing in your T2125 and you have select the source, we suggest you to contact our Product support team at 1-888-829-8608.

During tax season (February 24 to May 1), we're available 7 days a week during these hours:

• 9 AM to midnight ET for English support
• 9 AM to 9 PM ET for French support

During the rest of the year, we're available Monday through Friday 9 AM to 6 PM ET for English and French support.

We are closed on the weekends for now.