Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements

Submitting taxes Form T1198

Hello,
When submitting my taxes, I receive the error: “On the form, the amount on line 68519 cannot exceed the amount on line 68518. Furthermore, the amount on line 68519 cannot exceed the sum of lines 10100, 10400, 12799, 12800, and 13000 of your T1 General.”

I am using form T1198 to report retroactive retirement benefit income. The amounts on lines 68518 and 68519 are identical, however, the retroactive retirement benefit amount is included in box 11500, so the second validation is not working.
Can you help me?

1 Reply

Submitting taxes Form T1198

Please double check what you have entered on the T1198 form.

 

Line 68518 Total amount (principal and interest) must be the same amount as Line 68519 - Total principal (current and prior years) PLUS Total interest (current and prior years)

 

Also, Line 68519 - Total principal (current and prior years) must be the same as the total amount of total of boxes 68520 through 68560 added together.

 

You can see lines 10100, 10400, 12799, 12800 and 13000 on your detailed tax summary. 

 

If you are still not able to resolve this issue, please contact our phone support team for more assistance. 

 

 

Unlock tailored help options in your account.