The eligible amount of gift is entered on the T1170 but error message says proceeds are entered but not eligible amount of gift, and therefore, cannot efile.
051523
5 Replies
rtmahler
Level 1
Apr 18, 2023 1:26:54 PM
I have the same problem and hope you get a reply else need to contact TurboTax for an answer.
rtmahler
Level 1
Apr 19, 2023 8:38:21 AM
Solved. Spent an hour with TurboTax support. Leave proceeds of disposition and adjusted cost base blank and just enter eligible amount of gift. This will clear the error message.
cblack
Level 1
Apr 19, 2023 9:09:38 AM
Thank you for your time!
agclark
New Member
Apr 10, 2025 1:42:23 PM
No this solution did not work and seems dishonest as well
TurboTaxSusan
Moderator
Apr 13, 2025 4:54:08 PM
@agclark If you are seeing an error regarding "Eligible amount of gift on T1170" in the review, click on the "Fix" button and it should allow you to enter the amount.
If you are still not able to resolve this issue, please contact our phone support team for more assistance.