Expense related royalty

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New Member

Expense related royalty

I am a self employee. To fill out Turbotax under Tax Slips T5 box 17 there are 3 choices, non of them will direct the amount to line 135 (after amount input, line 135 on T1 is showing $0).  This is an expense related amount, it should not input to line 104. Anyone know why the box 17 isn't linked to line 135 or 136 on T1 nor T2125?  

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Moderator

Expense related royalty

As per the  CRA  "If your royalties are from a work or invention of yours and there are no associated expenses, report the income on line 104". If there were associated expenses, report the income on line 135."   Line 135 generates from the T2125, so if you have expenses you use the T2125.

Please view link below from the CRA for more details:

Line 104 - Royalties :  https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re... 

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