About TurboTaxKim

TurboTaxKim

You will report your foreign bank interest the same as you would CAD interest. It will show up on Line 12100 of your tax return and can be entered in TurboTax by going to Income > Investments > Interest on Bank Accounts not Reported on a T-Slip. Or you can use the "Find" button and type in "Interest" to find that same spot. Just remember to report any foreign interest in CAD dollars. The following link will give you exchange rates to use: Bank of Canada - Annual Exchange Rates

TurboTaxKim

If you do not receive a T5008 slip or summary, y ou can enter the dispositions individually or as one transaction in the Capital Gains & Capital Gains Deduction Profile. You can access this from the sidebar of TurboTax and clicking on Income > Investments > Capital Gains & Capital Gains Deduction Profile. Check the box next to Sold stocks, bonds, real estate, other capital property, and continue until you reach the Capital Gains page. Here you can enter more details on your dispositions such as dates, number of units, etc.

TurboTaxKim

Hi eric07091965, TurboTax will do all the calculations for your EI Repayments and clawbacks based on the entries you make or import using the CRA AutoFill My Return system. You will see any repayments on Line 23500, and again on Line 42200 of the Detailed Tax Summary in TurboTax.

TurboTaxKim

Aysel, I just came across this answer as I was compiling some statistics, and I am so very impressed with many of your answers. And our customers are as well, good job 🙂

TurboTaxKim · ‎March 16, 2021

The issue with the Saskatchewan Tax Credit Error is expected to be resolved with an update by the end of this week. For now, we have been advised by the development team that the workaround is to remove the entries from the EasyStep view of TurboTax, then switch to the Forms View and add your entries again. We understand the inconvenience of this, and if you need further assistance and wish to NetFile prior to the update release, please reach out to our phone support team. To do so, follow the instructions in this link: Contact Us

TurboTaxKim · ‎March 16, 2021

The issue with the Saskatchewan Tax Credit Error is expected to be resolved with an update by the end of this week. For now, we have been advised by the development team that the workaround is to remove the entries from the EasyStep view of TurboTax, then switch to the Forms View and add your entries again. We understand the inconvenience of this, and if you need further assistance and wish to NetFile prior to the update release, please reach out to our phone support team. To do so, follow the instructions in this link: Contact Us

TurboTaxKim · ‎March 16, 2021

@jakehetsler Please reach out to us via private message on one of our social network channels or through our phone support. We are unable to discuss issues in this public forum that require the sharing of personal and confidential information. Facebook/Messenger Private Message Twitter Direct Message Or you can contact our Support Team by following this link: Contact Us

TurboTaxKim · ‎March 15, 2021

Please delete me

TurboTaxKim · ‎March 7, 2021

TurboTax is aware of the issue with the transfer of unused Saskatchewan Tax Credits from a spouse. We are currently working to fix this issue with the Download version of TurboTax and will advise our customer when the issue has been resolved in a future update. We apologize for the inconvenience.

TurboTaxKim · ‎March 7, 2021

If you were a former TurboTax Advantage customer and have not received an email or offer of a discount, please reach out to us directly. You can reach out to us via private message on one of our social network channels. Facebook/Messenger Private Message or Twitter Direct Message Or you can contact our Support Team by following the link below this link: Contact Us

Date Registered	‎October 30, 2019 12:00 AM
Date Last Visited	Sunday
Total Messages Posted	4,024
Total Cheers Received	59

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