topic Inconsistency between federal income and Quebec income in Troubleshooting

Inconsistency between federal income and Quebec income

099356842 — Mon, 03 Feb 2025 21:52:07 GMT

1. Foreign income - summary

Plus foreign income, capital gains (stock sales); not included in RQ income

2. capital gains and capital gains deduction-summary

Calculate capital gains as required and 50% of earnings on RQ for tax purposes

3 As a result, 100% of the taxable capital gains on the federal tax return were taken into account and the income on the federal tax return did not correspond to the income in Quebec.

4. reason: the increase in foreign income-summary net foreign capital gains (sale of shares) and the data in the capital gains and capital gains deduction profiles are calculated twice. , taxable capital gains are taxed at 100% of the gain and Quebec gains are taxed at 50%. Federal and Quebec income are not matched.

How can it be resolved?

Re: Inconsistency between federal income and Quebec income

Anonymous — Tue, 04 Feb 2025 00:59:30 GMT

The issue related to Schedule 3 was reported to our teams. Unfortunately, this is not a situation under our control. At this time, some CRA forms are still being reviewed by them for the 2024 tax season, which could explain why some calculations are not done correctly or do not appear, and this has an effect on other calculation linked to this schedule.

We invite you to contact our product support team by phone, if you think this is not related.

They have access to tools we don't have here in Community, like screenshare, and see the issues to escalate into an investigation if needed.

Thank you for your patience and choosing TurboTax.

Re: Inconsistency between federal income and Quebec income

099356842 — Tue, 04 Feb 2025 04:30:56 GMT

I did a test with UFile and there is no such problem. I think there is a problem with the computational relationship between the tables.

According to the latest notice of the Federal Tax Administration "Taxable Capital Gains" is still maintained at 50%.

Instead of reporting "Foreign Capital Gains" in Foreign Income, foreign capital gains are reported in the "Summary of Capital Gains and Capital Gains Deductions", which is the same for both federal and Quebec returns. However, this should not meet the requirements of the tax law.

I would like to resolve this issue.

Re: Inconsistency between federal income and Quebec income

TurboTax_Susan — Tue, 04 Feb 2025 17:58:14 GMT

@099356842

Please contact our phone support team at 1-888-829-8608 as they will be better able to assist you, as they can look at your return with you to see the problem.

During tax season (from CRA NETFILE opening (mid-February) to the regular filing deadline (April 30), we're available 7 days a week during these hours:

9 AM to midnight ET for English support
9 AM to 9 PM ET for French support

During the rest of the year (May 1 to mid-February), we're available Monday through Friday, 9 AM to 6 PM ET for English and French support.

Thank you for choosing TurboTax.

Re: Inconsistency between federal income and Quebec income

099356842 — Tue, 04 Feb 2025 19:20:20 GMT

I have been using TurboTax to file my taxes for 5 years and I purchased the software early this year, but was disappointed that the software was clearly buggy and I had hoped that I would be alerted to the timely fixing of the software bugs.

I was hoping to be told how to get a refund (purchased online).

Re: Inconsistency between federal income and Quebec income

TurboTax_Susan — Tue, 04 Feb 2025 20:16:47 GMT

If you would like a refund, I have sent you a private message. Click on the Envelope icon on the top right of the community page to see it.

Re: Inconsistency between federal income and Quebec income

099356842 — Wed, 05 Feb 2025 11:56:08 GMT

You have reached the limit for number of private messages that you can send for now. Please try again later.

What do I need to do?

Re: Inconsistency between federal income and Quebec income

TurboTaxAniqua — Wed, 05 Feb 2025 21:00:35 GMT

@099356842 I have sent you a private message. Click on the Envelope icon on the top right of the community page to see it.

Re: Inconsistency between federal income and Quebec income

099356842 — Wed, 05 Feb 2025 21:33:56 GMT

I'm using Google Chrome and can't get the reply button to show up. macBook macOS Sequoia 15.3, anyone else having this?

Re: Inconsistency between federal income and Quebec income

Sugardaddy48 — Tue, 29 Apr 2025 17:22:44 GMT

Why am I seeing the Quebec worksheets in my Alberta Tax return

Why can I not see box 90 as an option to enter off of my T4 slip.

Do I have to purchase the tax assist to phone the help line?

回复：联邦收入与魁北克收入之间的不一致

099356842 — Tue, 29 Apr 2025 17:42:43 GMT

After repeated searches and calculations, the reasons for this phenomenon are:
Fill in "Foreign Income - Capital Gains" and fill in "Capital Gains - Calculation" as required. As a result, the software calculates the capital gains twice at 50% each in the federal part, and the report reflects 100% of the capital gains amount.
There are a lot of questions in TurboTax this year, so you need to fill them out and check them carefully.