Attention all self-employed business owners, individuals and newcomers
to Canada! We are thrilled to announce a new language offering to have
our tax experts call you and assist with your Canadian tax return in the
following languages: Hindi, Punjabi...read more
Attention all self-employed business owners, individuals and newcomers
to Canada! We are thrilled to announce a new language offering to have
our tax experts call you and assist with your Canadian tax return in the
following languages: Hindi, Punjabi...read more
Hi: For many years I have used the Desktop Standard version of TT to
handle stock and bond income, Foreign holdings, and a property rental
income. As I look to purchase a TT version for the 2024 tax year, Intuit
advises the Premier version for handli...read more
KDW5Posted Monday
| Latest post 9 hours ago by
Delphision
I sold QSBC shares (I am a tax lawyer, and am certain that the
disposition qualifies); however, I cannot seem to claim the deduction
using the turbotax software. I entered the capital gain, and then the
software sets the maximum LCGE deduction at $0....read more
I am co-owner of a rental property with three other partners, all with
equal shares. Each partner has their own mortgage/loan that they used to
finance their share of the property. Where can I enter my personal
mortgage interest as a deduction agains...read more
Hello: We have recently renovated our basement (legal secondary
unit/apartment), and the constructions work completed this year (2024).
We couldn't rent out the place yet, so there is no rental income for
2024. Since we spent a significant amount of ...read more
rtax9Posted December 11, 2024
| Latest post a week ago by
Delphision
Hi, Just wondering if any new changes to accommodate this in the 2024
version? I called the 1-888 number this morning and the agent advised me
to buy the Premier Desktop version. Is the 2024 Premier desktop version
capable of claiming the FTC on fore...read more
Hello.I see a number of questions on this topic over the past years,
with no action.On the desktop software for tax year 2024, there is still
a limit to the number of lines you can enter in the tables in Part B.
Will this be fixed THIS TAX YEAR? If n...read more
I am using turbotax online and when I select non-resident S.216 and save
it in my profile, it shows up as "Deemed Resident by Section 216
election". In my tax profile, I only select Rental Income, and then it
forces me to purchase the self-employed p...read more