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Find CRA Netfile error information >> HERE!
bibite26
Returning Member

Quebec stock option benefit deduction seems to be limited to 25% not 50% of the stock option benefit. Is this an error we need to override?

Line 297 of Quebec return picks up 1/2 of the Federal stock option deduction amount as opposed to an amount equal to the Federal stock option deduction
1 Reply
JoanneLH
Employee Tax Expert

Quebec stock option benefit deduction seems to be limited to 25% not 50% of the stock option benefit. Is this an error we need to override?

The security option deduction on Line 297 of the Quebec return is equal to 25% of the benefit received,  50% may be available if certain conditions are met.  You can learn more here, but you should not have to override the entry.
@bibite26