TurboTaxEsther
New Member
Member profile
Activity Feed for TurboTaxEsther
- Posted what line number? 104 or 130? See detailed summary on the... on Getting started. October 30, 2019 9:05 PM
- Posted You are correct, you can use Turbotax Standard to prepare... on Investors and rental owners. October 30, 2019 8:54 PM
- Posted You click "Income" tab Select "Tslips" Select Foreign inc... on Seniors and students. October 30, 2019 8:53 PM
- Posted I see you have the Assist and Review added to your return... on Getting started. October 30, 2019 8:53 PM
- Posted But the withdrawal was in 2019 which will mess it up. You... on Seniors and students. October 30, 2019 8:53 PM
- Posted Since the withdrawal was in 2019, you will receive a T4RS... on Seniors and students. October 30, 2019 8:53 PM
- Posted You can't enter a UK bank account. CRA will mail you a ch... on Investors and rental owners. October 30, 2019 8:51 PM
- Posted Only legal fees regarding support payments are deductible... on After you file. October 30, 2019 8:51 PM
- Posted He will not be doing a Canadian tax return but you do hav... on After you file. October 30, 2019 8:50 PM
- Posted Some times a simple reboot can solve a lot of problems. G... on Getting started. October 30, 2019 8:50 PM
- Posted You may need to add some information for him. Click on th... on Credits and deductions. October 30, 2019 8:46 PM
- Posted The deduction for the split pension happens later in the... on Seniors and students. October 30, 2019 8:45 PM
- Posted He was misinformed. You can not claim the interest on an... on Seniors and students. October 30, 2019 8:43 PM
- Posted 621390 - Offices of all other health practitioners http... on Getting started. October 30, 2019 8:43 PM
- Posted You will claim both the T2202A AND the T4a. Some of the... on Getting started. October 30, 2019 8:42 PM
- Posted Correct. Line 484 is a refund. on Troubleshooting. October 30, 2019 8:42 PM
- Posted Unless you are in QC, this amount is already taken into c... on Getting started. October 30, 2019 8:42 PM
- Posted Just list you and your husband. :) on Getting started. October 30, 2019 8:42 PM
- Posted Yes, enter WHO took the trip. Divide the amount in box 3... on Getting started. October 30, 2019 8:42 PM
- Posted No, never. on Investors and rental owners. October 30, 2019 8:41 PM
October 30, 2019
9:05 PM
what line number? 104 or 130? See detailed summary on the Bottom line tax summaries page.
... View more
October 30, 2019
8:54 PM
You are correct, you can use Turbotax Standard to prepare your rental statement.
... View more
October 30, 2019
8:53 PM
You click "Income" tab Select "Tslips" Select Foreign income Enter as Foreign pension
... View more
October 30, 2019
8:53 PM
I see you have the Assist and Review added to your return. Why not give us a call and we can help you one on one. 🙂 The lines are not busy right now!
... View more
October 30, 2019
8:53 PM
But the withdrawal was in 2019 which will mess it up. You MUST report $8000 contributions in 2018 and carry forward the $4000. Yes, it will be an over-contribution but not for very long since you took it out when you noticed it. You will likely not have any penalties for the mistake.
... View more
October 30, 2019
8:53 PM
Since the withdrawal was in 2019, you will receive a T4RSP for 2019. Do not claim the RRSP withdrawal on your 2018 return. You will claim $8000 in RRSP contributions and carry forward the $4000. The tax withheld will be recuperated in 2019. This is from CRA: "Withdrawal made without Form T3012A. If you withdraw unused RRSP, PRPP or SPP contributions without Form T3012A, the issuer of the plan has to withhold tax. The amount you withdraw from your RRSP should be reported on line 129 of your income tax and benefit return if it appears in box 22 of the T4RSP slip. If the amount appears in box 16 and box 24 of the T4RIF slip and you are 65 years or older at the end of December 2018, report the amount from box 16on line 115. Otherwise, report that amount on line 130. The amount you withdraw from your PRPP will appear in box 194 of the T4A slip and the amount you withdraw from your SPP will appear in box 16 of the T4A slip. Report those amounts on line 130. In all cases, claim the tax the issuer withheld on line 437 of your income tax and benefit return. Fill out Form T746, Calculating Your Deduction for Refund of Unused RRSP, PRPP, and SPP Contributions, to calculate the amount you can deduct for the withdrawal. For more information about claiming the deduction for the withdrawal of unused RRSP contributions, see line 232 in the Income Tax and Benefit Guide."
... View more
October 30, 2019
8:51 PM
You can't enter a UK bank account. CRA will mail you a cheque.
... View more
October 30, 2019
8:51 PM
Only legal fees regarding support payments are deductible on line 221. (For the recipient only) The person paying support cannot claim any legal fees. As the recipient, you cannot claim legal and accounting fees incurred:
to get a separation or divorce
to establish child custody or visitation rights
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/p102/support-paymen...
... View more
October 30, 2019
8:50 PM
He will not be doing a Canadian tax return but you do have to enter some of his information. You will enter his SIN as 000 000 000 and make sure to enter his US income in CAN$. This will eliminate the spousal credit for him.
... View more
October 30, 2019
8:50 PM
Some times a simple reboot can solve a lot of problems. Glad it is working for you now.
... View more