@EAS inc We are happy to hear that you were able to return to Netfile. Thank you very much for your patience.
Yes I was able to Netfile.
The only reason the user could netfile is because they did not use their carryforward noncapital loss. There is still an issue with turbotax - I am having the same problem with the same error message.
Please fix this!
I have the same issue and thought I was doing something wrong but spoke with a CPA friend and it's a bug in turbotax. I did go back and review it, then clicked ignore in a couple of spots, and was able to netfile despite the warning.
I am unable to use my capital loss carry forward againsted my capital gains. If I override the field I cannot net file.
I run into this problem as well, I have no contacts from CRA like other friends. Can Turbotax fix this problem as soon as possible.
Hello @xpandora @farr38 @cyan,
This validation is triggered when the requested non-capital loss claim surpasses your 2024 income. Please be aware that the deductible amount is restricted to the lesser of the available non-capital losses and your 2024 income.
To rectify this, access the "Losses" topic within the "Deductions" section of your 2024 tax return, select "Non-Capital Loss Carry Forward," and revise the claimed amount to align with, but not exceed, the income amount displayed on the step Non-Capital Losses Being Claimed as illustrated in the image below.
Hope this helps with the correction. Let us know if you have more questions.
Thanks Jessican for quick reply, my income is 2100$, however I have tried 1$, 100$, 1000$, none of them works.
Just like the first message in this topic.
Hi @cyan, to provide the most accurate support, I need to know if you're using the Desktop or Online version. Additionally, a screenshot of the specific step where you enter the claim amount would be very helpful. Could you please provide these? Thank you!
Hello Jessica,
I am using Desktop version, please check the screenshot, let me know if you need more information.
JulesBell
Returning Member
River10
New Member
charlesmitch
Level 2
4FamilyTax
Returning Member
michelmurdock
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.