Investments & rentals | TurboTax® Support

Investors and rental owners

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I live in an apartment with my parents that pay for the rent, do I count for this "Rent or property tax for your principal residence in Ontario was paid by or for you"?

Investment and Rental Income on TurboTax Canada Standard version

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

Why am I getting warnings that I have not entered the minimum repayment amount required for my HBP when I paid the full amount back years ago?

I recorded the information into my tax return each year I made a payement into the HBP. I was able to pay it back in less than 4 years. Ever since then, I have gotten a warning from Turbotax (every year for the past 10 years) that I haven't made the ... read more

How to convert foreign currencies income to CND.

This question is about converting the income received in foreign currencies to CND. In 2024, I received pension payments in USD from a company in March, June, September, and December. I also received some USD annuity payments in July and August. I re... read more

I have entered vehicle leasing costs. How do I enter insurance, fuel, maintenance and parking fees for my vehicle as it relates to my business use?

The information given did not help me to find the online page to add the vehicle costs as they relate to my buainess.

turbo tax easy step options are locked and I can't add "Other income sourses"

I went through all the steps by clicking "next" until I reached the end, and I did use CRA to import my income data. When I reached the end, I noticed it never showed me to option to add rental income, so I tried to go back but all the options are lo... read more

I have TurboTax Premier 2024m but taxable capital gains (Schedule 3) do not show up.

Taxable Capital Gains on T3:s are ignored

Hi, I work in the US but live in Canada. I already filed in the US. Filing my Canadian taxes now, can I use turbotax software myself for this purpose?

Box 24 Foreign Currency is not present on T5 page. Should it be entered elsewhere?

CCA Calculation is different in T776 and TP-128

I own a rental property with my partner, split 50%. We have made some additions to the property this year and have added the value as CCA in T776's Area A with the Easy Steps method. In that field, we have put the full amount, let's say 5000, in both... read more