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Murphy4
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- Posted Re: How to buy a 2012 license. I have 2012 and 2013 business incorporated (canada version), but I need new license keys. Turbo tax says don't sell it. Suggestions? on Self-employed. August 25, 2021 4:36 PM
- Posted Re: Mutual Funds entering capital gains/losses on Investors and rental owners. April 23, 2020 11:08 PM
- Posted Mutual Funds entering capital gains/losses on Investors and rental owners. April 19, 2020 5:44 PM
- Posted Activation Code tax year 2012 on Troubleshooting. April 8, 2020 10:06 PM
- Posted Re: What is box 20 for on T4? on Getting started. April 7, 2020 8:33 PM
August 25, 2021
4:36 PM
Did you find an activation code for 2012 tax year, Canadian version? I am also looking for one.
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April 23, 2020
11:08 PM
Hello, Thank You for responding. My advisor went through an exercise to rebalance my portfolio moving funds from under performing funds to better performing funds. Where the entire amount of the fund was brought to 0, it is noted as "Investment Transfer" to another Fund within the portfolio. In the Fund where only a portion of the balance was moved to another fund it is noted as "Redemption". In all cases for each Fund it notes an amount as a "Gain/loss from redemption/transfer". In each case they sent a T5008 to Revenue Canada. In one case during the first 60 days of the year I transferred funds from a non-registered fund into a Registered RRSP fund and it shows a capital gain upon redemption/transfer, is this considered me "receiving" cash? On the T5008's which I obtained copies of from CRA, in box 16 Quantity of securities it has the number of shares and in Box 21 Proceeds of disposition or settlement it shows the $ amount of the transfer. There is no mention of dividends, additional units or cash. The note on the back of the T5008 "if you are an individual having to file a T1 return, report transactions on account of capital on schedule 3".
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April 19, 2020
5:44 PM
Within a mutual fund (Investors Group) they sent me a "Realized Capital Gains/Loss Summary" for the year, it is not a T slip just part of the Portfolio summary. It only provides the No. of units, proceeds on disposition, Net gain or loss. How do you enter this information in Turbo tax since the program wants more information and wants to calculate the gain or loss on schedule 3? Or do I even need to enter this information since it is not on a T-slip?
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April 8, 2020
10:06 PM
Would anyone have an activation code for tax year 2012 Standard edition that I could use or know where I could purchase one from? I have all tax years going back to when it was quick tax with the exception of not being able to find my 2012 CD. Intuit does not sell activation codes going back that far anymore. Any assistance is appreciated.
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April 7, 2020
8:33 PM
On the T-4 below the box's is a note "(20) Past Service" and an a $ amount. I am assuming the amount is included in the total of Box 20 above. Where to you enter the amount from the note on the tax return? The quick step process does not mention anything about it. I am assuming it is required to adjust the RRSP deduction limit for the next tax year as well as to calculate past service pension deductions.
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