Investments & rentals | TurboTax® Support

Investors and rental owners

Most Recent

Turbo Tax just changed their pricing structure to one that penalizes my wife by charging us an extra $200 just because I own a property. Now we won't be using Turbo Tax

I own a property. My wife doesn't. For the last two years, we filed jointly using the Full Service plan. This year, they are telling us we have to file as self employed because I own a property, which raises the price by another $200. We asked if we ... read more

We moved to our rental property after the sale of our home. After 2 years we sold the rental and moved to a rental house/ How to repot this in my tax refund this year?

Hello, I had a rental property that used to be our principal home, we moved out from it in 2015 and moved back in 2021. We depreciated the property in 2016 and 2017. In 2023 we sold it and moved out and started to live in a rental house. How should I... read more

Reconciling T3’s and T5’s with CRA

This is more of a feature request than a bug, but it is an area of turbo tax (and quick tax) which has not evolved and is one of the more challenging aspects of Turbotax if you have investment income. T5’s and T3’s and reconciling against what CRA ha... read more

Are expense related to the purchase of the rental property allowed on T776 ?

such as valuation fees, registration fees and such

I lived in Canada for only 163 days last year,but I still worked for the same job from India & got paid into my Canada bank accounts. Can you describe my residency status

I'm single and doesn't have any dependents/home in Canada.

Worked as non residents in Canada (Jan until May 23). After we came back home and worked the rest of the year. Do we need to file the income we made home as well?

Home is in the Netherlands.

I am filing taxes as non-resident under Section 216. I paid tax on pension withdrawal, and have no net income from rental. By claiming CCA on rental, do I get a refund?

As a non-resident of Canada, I'm in the process of filing my income tax return under Section 216, considering my income from rental property within Canada. Last year, I withdrew $12,000 CAD from my registered pension plan, with a 25% withholding tax ... read more