Unfortunately, you cannot save a condensed version of your tax return as it is only for those who need to print and mail their returns. However, you can save your return as a PDF and the following TurboTax FAQ How do I print/save a copy of my tax return (Online version)? will provide you with instructions and steps on how to do that.   Thank you for using TurboTax. ... View more

To claim your unused tuition amount on your return, the following steps will guide you through the process. Select the "Find" icon on TurboTax and type Students. Select Students from the list, and then click "Go". The "Your Student Profile" step appears. Select "Unused tuition fees and education amounts from previous years" and then select "Continue". You should now be able to enter any unused federal and provincial tuition and education amount where appropriate. After you are finish click "Continue" and you should be presented with your Student Summary page. Keep note that if you resided in a province or territory other than Ontario on December 31, 2017, you cannot claim unused provincial tuition and education amounts. Also, as of 2017 and later years, the federal education and textbook amounts have been eliminated. However, if you have unused federal education and textbook amounts from prior years (before 2017), you can still carry them forward to your 2017 and future returns.   To find out more about Tuition Tax Credits, please see our TurboTax blog below: Understanding Tuition Tax Credits  ... View more

If your business is not incorporated, then you only have to file a personal (T1) tax return. The income/loss and expenses from the business will be included on your personal tax return.   To enter your business-related activities using TurboTax Online you will have to do the following: On the left-hand side of your return, you want to click on the tab that says "Income". You then want to find the tab that says "Self-Employment" then select "Self-Employment Profile", the "Your Self-employment Profile for 2020" page should then appear. Select all of the checkboxes that apply to you then click Continue. You should now be on the "T2125 Business Summary" page, to enter information about your business click on "Enter New Business" and select the business type that applies to you. Finally, you should be on the page where you can enter any information about your business and if you scroll down you can enter the income and expenses related to your business. To find out more information about owning a business, please see our TurboTax blogs below: How to Declare Business Income  What Kind of Expenses Can You Claim for Your Small Business?  ... View more

Yes, you can claim any eligible medical expenses if they occurred in a 12-month period that  ends in the current tax year . After you enter your medical expenses, TurboTax will prompt you to choose your 12-month claim period. So if most of your expenses occurred later in the year for example after April 2, 2019, you can use a 12-month period of April 2, 2019, to April 1, 2020, and claim all expenses that fall within that period. Keep in mind that you cannot claim any expenses that fall before your 12-month claim period.    For more information, see the TurboTax Article provided below: Can I claim prior year medical expenses?  ... View more

Capital gains are claimed by completing schedule 3 for the current tax year to report eligible capital gains from all sources. Once calculated, 50% of the total is your taxable capital gain amount.   To calculate your capital gain, you need to know the following 3 amounts: Proceeds of disposition (what you sold it for) Adjusted Cost Base (what you purchased it for, plus the legal fees at the time) Outlays and Expenses (the legal fees that were associated with the sale) When calculating the capital gain on the sale of capital property that was made in a foreign currency convert the above amounts to Canadian dollars using the Exchange Rates.   To enter your transactions using TurboTax Online Free, follow the steps below: On the left-hand side of your return, click on the "Income" tab. Next, click on the "T-Slips" tab. Scroll down and find "T5008 Securities Transactions", click on it and you should be presented with the T5008 - Summary page. You want to click on Enter New T5008 and you should then be able to enter the information about your security transactions. Make sure the "Type of Income" box on the screen is set to Capital Gains. Thank you for using TurboTax. ... View more

To claim other employment expenses, you must have a Form T2200 Declaration of Conditions of Employment completed and signed by your employer. Only the items listed on the form may be claimed. To find where to claim these expenses on your return follow the instructions below. Select Find in the upper-right area. (The Find button becomes visible after you have completed the Introduction/Profile section.) In the Find window, type “employment.” Select Employment Expenses from the list of results, then select Go. On the Employment Expenses step, select Yes. On the Employment Expense Profile step, make the selection that best applies to your situation, then select Continue. Follow the instructions that appear onscreen to enter your expenses. For more about job-related expenses and what you can claim, please see the links below: Tips for Claiming Job-Related Expenses  T2200 Tax Form: Deduct your employment expenses in Canada When Does the Cost of Your Tools Become Tax Deductible?   ... View more

To find where to enter your installment payments in the online edition of TurboTax Click on the magnifying glass in the upper-right of your screen, this will open up the "Find" window. In the Find window, type Payments Profile, and then select Go. Select Tax Installment Payments, and then select Continue. On the Tax installment payments step, enter your installment amount, and then select Continue. If you don't see the Find button (magnifying glass), you might not have completed the Introduction section on your return. Continue through the Introduction section until the button appears. If you are using the CD/Download version of TurboTax the following TurboTax FAQ What are installment payments and how do I enter them in TurboTax? has instructions for that.   Thank you for using TurboTax. ... View more

Whether you are using the online or CD/Download versions of TurboTax you can choose between the two options, you choose to want to enter each medical expense individually or enter them collectively as a sum total. To do this you can follow the steps provided below: Click on the magnifying glass (or Find) in the upper-right corner of TurboTax. Enter “medical expenses” in the Find window. Select Medical Expenses Profile from the list of results. Select Go. The “Your Medical Profile for 2020” step appears. Select all the checkboxes that apply, then select Continue. The Medical Expenses step appears. TurboTax will display the minimum amount of eligible medical expenses required to generate a tax benefit, if your total expenses are greater than the amount given select Enter New Medical Expense, if it is less you select done as there are not enough expenses to generate a tax credit.   When you select Enter New Medical Expense it will give you an option on the page whether you would like to enter the receipts individually or as one total. If you choose to enter individually, fill out the form and repeat until  all receipts are entered then s elect   Done .  For entering a single entry of the total amount of medical receipts, f ill out the form once by entering the total amount of the medical receipts, s elect   Done .   If further assistance is required you may use the link How do I enter my medical expenses? that will take you to a TurboTax FAQ where there is a video that could help. Thank you for using TurboTax. ... View more