TurboTaxSarah
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- Posted The child care expenses must be claimed by the spouse wit... on After you file. October 31, 2019 5:11 AM
- Posted This can happen when you still need to enter some details... on Troubleshooting. October 31, 2019 5:11 AM
- Posted From the TurboTax FAQ: The amount of capital gains from m... on Investors and rental owners. October 31, 2019 5:08 AM
- Posted You can go to Income > T-Slips > T5008 to edit or delete... on Investors and rental owners. October 31, 2019 5:08 AM
- Posted Go to File > Print Your Tax Return. You might need to co... on Investors and rental owners. October 31, 2019 5:08 AM
- Posted In TurboTax Online, when I enter capital gains of $1,000,... on Investors and rental owners. October 31, 2019 5:08 AM
- Posted Do you also have t-slips (imported using Auto-Fill or man... on Investors and rental owners. October 31, 2019 5:08 AM
- Posted The box 30 amount must be entered on your T4, which you c... on Troubleshooting. October 31, 2019 5:08 AM
- Posted The box 30 amount must be entered on your T4, which you c... on Seniors and students. October 31, 2019 5:08 AM
- Posted If you have employment income, this credit will be applie... on Investors and rental owners. October 31, 2019 5:04 AM
- Posted Unfortunately, TurboTax Online only supports entering 15... on Investors and rental owners. October 31, 2019 5:02 AM
- Posted When using TurboTax Online, you will be able to view form... on Getting started. October 31, 2019 4:53 AM
- Posted Log back in to your TurboTax Online account and click Con... on Getting started. October 31, 2019 4:53 AM
- Posted Unfortunately, TurboTax Online only supports entering 15... on Investors and rental owners. October 31, 2019 4:53 AM
- Posted If you used up your own RRSP contribution room, you will... on Seniors and students. October 31, 2019 4:52 AM
- Posted You should be able to enter your dependant in TurboTax On... on After you file. October 31, 2019 4:52 AM
- Posted Please see the following FAQ: "I’m not self-employed. Why... on Getting started. October 31, 2019 4:52 AM
- Posted Your amount owing might have gone up because your student... on Seniors and students. October 31, 2019 4:51 AM
- Posted Sometimes the T5008 slips in your CRA account that are im... on Filing. October 31, 2019 4:51 AM
- Posted No. You only need to enter one or the other, not both.... on Investors and rental owners. October 31, 2019 4:50 AM
October 31, 2019
5:11 AM
The child care expenses must be claimed by the spouse with the lower net income unless specific situations applied during the tax year. Bankruptcy is not one of those situations. Please see this TurboTax FAQ for more information on transferring child care expenses to the spouse with the higher net income:
https://turbotax.community.intuit.ca/replies/2648006
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October 31, 2019
5:11 AM
This can happen when you still need to enter some details from the student's return into your return in TurboTax to complete the calculations. There are two places that will need details from the student's return: 1) Deductions > Additional Dependant Information. This is where you enter the student's net income from line 236 of their T1, and the total of their non-refundable credits from lines 3 to 18 of their Schedule 1. 2) Deductions > Claims for Dependants > Claims for Dependants Intro, select Yes, click Continue, click Enter Credit Info, check off Transfer my child's tuition and education amounts, and click continue. Make sure you complete all of the applicable fields on this page including unused federal and provincial tuition carried forward from 2017, deductions from net income from line 257 of their T1, and provincial non-refundable credits (total from lines 5812 to 5840). If the student also qualifies for the disability tax credit, you will need to visit that page as well and select Yes for those credits to be included in the calculation of available tuition amount for transfer.
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October 31, 2019
5:08 AM
From the TurboTax FAQ: The amount of capital gains from my T5008 is doubled in TurboTax. How do I fix this?
https://turbotax.community.intuit.ca/replies/2647824
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October 31, 2019
5:08 AM
You can go to Income > T-Slips > T5008 to edit or delete the slip. If you don't remember entering it, it may have been imported through Auto-Fill My Return.
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October 31, 2019
5:08 AM
Go to File > Print Your Tax Return. You might need to complete payment if you haven't already, but you do not need to be finished with your return to be able to generate this PDF. Schedule 3 should give you more insight into your taxable capital gains situation.
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October 31, 2019
5:08 AM
In TurboTax Online, when I enter capital gains of $1,000, my capital gains summary shows a Gain of 1,000. When I go to the Income Summary, I see 500.00 next to Taxable capital gains. Sometimes when customers are seeing double the amount in capital gains that they are expecting, it's because they imported slips with their capital gains transactions included, and then reported those same transactions again in the capital gains section. Slips can include T3, T4PS, T5, T5008, or T5013. If you are looking right at your Schedule 3, you can check to see if you have amounts flowing in from slips.
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October 31, 2019
5:08 AM
Do you also have t-slips (imported using Auto-Fill or manually entered by you) with capital gains reported?
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October 31, 2019
5:08 AM
The box 30 amount must be entered on your T4, which you can access by going to Income > T-Slips > T4. Use the Box 30 labeled Clergy housing allowance. When you return to the Clergy Residence Deduction section you will see the amount there for Part A.
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October 31, 2019
5:08 AM
The box 30 amount must be entered on your T4, which you can access by going to Income > T-Slips > T4. Use the Box 30 labeled Clergy housing allowance. When you return to the Clergy Residence Deduction section you will see the amount there for Part A.
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October 31, 2019
5:04 AM
If you have employment income, this credit will be applied automatically. You can check by going to Review > Bottom Line (Tax Summaries), and click on the Detailed Tax Summary link. Scroll down to the Non refundable tax credits section, Line 363.
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