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rdabpenman
Returning Member

There is no Box 205 in the T4A or line in your 2020 tax return form required for the One Time Payment for Older Seniors? When will the 2020 Tax Form be updated?

 
3 Replies

There is no Box 205 in the T4A or line in your 2020 tax return form required for the One Time Payment for Older Seniors? When will the 2020 Tax Form be updated?

For the tax year 2020, there is no Box 205 on the T4A or in the tax forms. The T4A Box 205 One-time payment for older seniors was newly included on your T4A Box 205 for the 2021 tax year's return and T4A information slip. When you do your 2021 tax return, you will find the amount on your T4A and in your return.

 

If you are using the 2021 Online software, you can access your T4A Box 205 by following these steps:

1. Sign in to your tax return

2. On the left-hand side menu click the Income tab.

3. Then click the T-Slips tab

4. Scroll down and select the T4A Pension, Retirement, Annuity tab.

5. On this page, on the right, click Enter New T4A for *your name*.

6. Scroll to the bottom of this page and you should see Covid Related Benefits.

7. Here you will see Box 205, enter your information here.

8. Click Done with T4A to save your work.

 

Thank you for choosing TurboTax. 

rdabpenman
Returning Member

There is no Box 205 in the T4A or line in your 2020 tax return form required for the One Time Payment for Older Seniors? When will the 2020 Tax Form be updated?

Process doesn't work to resolve issue.

With the T1 General form open 2021 Online software there is no left hand side menu to click on to open an income tab in Turbo Tax Standard.

Service Canada instructions on page 2 of the T4A slip say to enter the amount on Box 205 on line 13000 for other income.

There is no Box 205 in the T4A or line in your 2020 tax return form required for the One Time Payment for Older Seniors? When will the 2020 Tax Form be updated?

If you are using TurboTax Online with a smaller screen, or the TurboTax App, the left side menu can be accessed by clicking on the 3 lines in the top left corner. Alternatively, you can use the Find tool (magnifying glass) on the top right to search for “T4A”. Then, as lena22sx said above, you can scroll down to the bottom and find Box 205.

tto sm menu.png

 

If you are using TurboTax CD/Download in forms mode, click on “Forms” in the blue income bar, then select T4A from the list and click Ok. On the T4A entry page, click the blue box next to “Enter here CERB boxes 197 to 205”. On the pop-up that appears, Box 205 will be on the bottom.

 

ttd t4a forms mode arrows.png