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aniska
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

 
7 Replies

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

I am receiving the same error.  when I called I was told "The T1198 form is still locked because a final decision has not been made by CRA for Capital Gains". They did not seem to understand that the two have no relation.

smintichj
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

Same issue over here.  It is very frustrating.  I'm not even sure that it is worth while filing the T1198.  I was hoping to complete my taxes this week but it's looking like it is not possible.  If I had Wealthsimple I'd be done. 

ploder
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

Me as well. Software issue and they are claiming they do not know if or when they will fix it. I say to anyone that needs a T1198 form to use another software than them. Other ones will work. Just take your business somewhere else.  Thanks goodness there are more reliable options

 

DogMomx2
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

The made me pay before I was told I couldn't file. If I hadn't paid already I would have done my taxes elsewhere. DUUUUUUUUUUUUUUUDE. SO MAD.

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

T1198 form is still locked by CRA and not finalized by CRA yet. Please refer to this link Why does TurboTax say my forms are locked or haven't been finalized? 

We do not have any ETA on this yet but as soon a these forms gets finalize we will be updating them in TurboTax for an accurate calculations.

We appreciate your patience.

ploder
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

This is not a true response. Wealth Simple, you can do your taxes with the form it gets uploaded to NetFile with the T1198 and it is accepted.  I got tired of waiting for TURBO to fix their software and blaming the CRA (which is silly as it is a bug with their software) and had no problems somewhere else. I also did a tax return before the second one on Turbo tax and it uploaded no problem with the T1198. Then the second one no go. Explain that on the CRA. Both have NOA completed. 

 

You might want to look into it before people leave TurboTax over false replies. 

ploder
New Member

T1198 - "The breakdown of principal (total of boxes 68520 through 68560) must equal the total principal amount (box 68519)." They do equal but I still get this error.

Also, if you read the problem above the form, it is not locked at all, your spreadsheet for the T1198 is not adding up. It is a code file error that one cell is not reading the other one properly. Again a Turbo Tax error.