I have TurboTax Basic. On the input form for the T3 slips, TurboTax does not apply the "Your Percentage" value to the capital gains amounts in Boxes 52 and 53. Instead, schedule 3 shows the total amounts for all Capital Gains in boxes 52 & 53 in lines 17599 & 17600. The percentage is applied correctly to dividends and to other incomes but it appears that it is not applied to the Capital gains boxes 52 & 53. This needs to be corrected.
Schedule 3 will be updated, and all the locked forms will be unlocked and ready by the 20th of March, 2025. This will be corrected then. We appreciate your patience.
Thank you for choosing TurboTax.
Thank you for your attention to this issue. I have since discovered another problem, this time with the "Loss Worksheet". In Step 2 of this worksheet, it ask you to "Enter the amount of Losses you want to claim(Note 1) . The input box does not allow one to enter $0.00. If you leave it blank or enter 0.00, it enters the value of line 6 into line 25300 of the T1 Schedule. If you enter $0.01, or any other value it will enter that correctly, but not zero. In previous years, TurboTax allowed one to enter the amount of capital losses from previous years they wished to claim into Chart A, column D, row Year 2000 >. For some reason, Turbotax 2024 does not allow one to enter a value in Chart A. Thanks in advance for looking into this.
Both issues are still being looked into.
As a workaround, you can enter the T3 on both spouse's return, but manually calculate the split and set the "Your Percentage" value to 100% for each. The "Your Percentage" value just tell TurboTax to do the split, it's not transmitted to the CRA.
For the FHSA issue, you can over-ride Line 43 to claim zero deduction and have the full amount carry forward. This will not harm your ability to NETFILE.
The issue that I was referring to was in the "Loss Worksheet" , not FHSA (First Home Savings Account). I discovered on the "Loss Worksheet" that one can not enter $0.00 in "Step 2: Applying Net Capital Losses of other years to 2024" on Line 7 of this "Loss Worksheet". It was not in the FHSA (First Home Saving Account") worksheet .
@DWS49 It is a known issue at CRA's end, and we are aware of this issue, and our development team is working for a resolution. We appreciate your patience.
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