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T2125 B1 Form - Income Reported on T4A Slips

There appears to be a bug on the T2125B Form (Business Income) form this year (2024 Tax Year).  The "Income Reported on T4A slips" line is not populating from the worksheet where the T4A slip info is entered.  There does appear to be a link there, as doubleclicking on the amount in the cell takes me to the worksheet; however, the amount stays as $0 even after the worksheet is filled out.  I haven't been able to figure a way to override so that I can manually enter the T4A slips total.

 

This has worked fine in prior years, so is likely a software bug this year.  I have the Turbotax Standard (downloaded) version. 

3 Replies

T2125 B1 Form - Income Reported on T4A Slips

Have you used the CRA AutoFill option to import T4A? when you use Auto-Fill, it is really important to go through all the T-slips imported and make sure all the information is accurate with the original slip. It is one of the NETFILE conditions.

When a verification of the T4A is done after Auto-Fill, you'll have to open the T4A and select the source of the box 48. If you don't, the software won't be able to report this amount at the proper place in your return. 

 

Thanks for choosing TurboTax.

ang_qv
New Member

T2125 B1 Form - Income Reported on T4A Slips

I am not using Auto-Fill and I notice the same bug as the other user in TurboTax 2024. When I went back and double checked with TurboTax2023, that worked properly. So, it is a bug in TurboTax 2024. 

T2125 B1 Form - Income Reported on T4A Slips

I have never used Auto-Fill, and am entering from paper T4As; will do a comparison to the online forms before filing.  I looked at the T4A slips entry in TurboTax again this morning, and noticed there is a new row under box 48:  "select from to report box 48 income".  I selected the T2125B#1 form from the forms in the drop down list, and the amounts are now showing up correctly in the T2125B. 

I looked at my 2023 file to compare, and that row with the form selection didn't exist in 2023 (or prior years) -- so the update this year is that the software is requiring the form to be selected (i.e. T2125B, T2125P, etc.) and there is the option to select one of multiple T2125 forms.