Sign In
Naturenut4
Level 2
Member profile
Activity Feed for Naturenut4
- Posted Re: climate action incentive wont allow me to unclaim the stupid thing.. another member of my household who doesnt use turbo tax claims it on Credits and deductions. March 16, 2020 12:06 AM
- Posted Re: climate action incentive wont delete I need to NOT claim it on Troubleshooting. March 11, 2020 1:35 PM
- Got Cheered for climate action incentive wont delete I need to NOT claim it. March 3, 2020 9:42 AM
- Posted Re: turbo tax self employed may have errors calculating 10.1 vehicles for CCA if they costed more than 30k on Troubleshooting. February 26, 2020 11:08 AM
- Posted Re: turbo tax self employed may have errors calculating 10.1 vehicles for CCA if they costed more than 30k on Troubleshooting. February 26, 2020 1:39 AM
- Posted turbo tax self employed may have errors calculating 10.1 vehicles for CCA if they costed more than 30k on Troubleshooting. February 26, 2020 1:32 AM
- Posted climate action incentive wont allow me to unclaim the stupid thing.. another member of my household who doesnt use turbo tax claims it on Credits and deductions. February 25, 2020 3:10 PM
- Posted Re: Total Climate Action Incentive on Troubleshooting. February 25, 2020 3:08 PM
- Posted climate action incentive wont delete I need to NOT claim it on Troubleshooting. February 24, 2020 7:06 PM
- Cheered Re: why isn't the refund/amount owing changing after putting in all info except T4? for TurboTaxSusan. February 11, 2020 7:28 PM
- Cheered Re: Can't figure out if my medical claims are category "other" or "5" where it says "type" for TurboTaxLise. February 11, 2020 7:27 PM
- Posted Re: why isn't the refund/amount owing changing after putting in all info except T4? on Self-employed. February 10, 2020 5:53 PM
- Posted Re: why isn't the refund/amount owing changing after putting in all info except T4? on Self-employed. February 9, 2020 6:49 PM
- Posted cant find the "type" these medical expenses fall under? on Self-employed. February 8, 2020 10:57 PM
- Posted Can't figure out if my medical claims are category "other" or "5" where it says "type" on Self-employed. February 8, 2020 10:55 PM
- Posted Re: why isn't the refund/amount owing changing after putting in all info except T4? on Self-employed. February 8, 2020 10:47 PM
- Posted Re: There is really no expiry date. If you don’t take CCA (Ca... on Self-employed. February 7, 2020 1:21 PM
- Posted Re: why isn't the refund/amount owing changing after putting in all info except T4? on Self-employed. February 6, 2020 12:28 AM
- Posted frustrating!! all cuz of the vehicle section on Self-employed. February 5, 2020 11:11 AM
- Posted why isn't the refund/amount owing changing after putting in all info except T4? on Self-employed. February 2, 2020 6:36 PM
March 16, 2020
12:06 AM
my form is different than yours. I submit as a single. And i am in Ontario so it definitely didn't look like the one you described. But thank you for the reply!
... View more
March 11, 2020
1:35 PM
I did that AND IT STILL CLAIMED THE CLIMATE CREDIT, it dont matter if its not clicked or if it is.. you guys need to fix the flaws in this system. I wont ever use turbo again if you guys cant fix crap like this.
... View more
February 26, 2020
11:08 AM
I think I found my answer on this page. The first year you can claim 30% using the Accelerated investment incentive? Hope this post helps someone else. https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partnerships/report-business-income-expenses/claiming-capital-cost-allowance/accelerated-investment-incentive.html
... View more
February 26, 2020
1:39 AM
I am wondering if it has something to do with me clicking the "claim all" cuz if I dont it then says its a little over 2k. But also I wonder if it has to do with my allowable motor vehicle expenses which are "$3,755.73" But that isn't cca? so something must be wrong with this software.
... View more
February 26, 2020
1:32 AM
I am not sure if the turbo tax is properly calculating my CCA allowed amount. My truck was bought (brand new in feb 2019) its class 10.1. for $50,224.24 business use was calculated at 45.8227% and I can actually move the CCA amount UP but eventually when testing to see how hi I can go it says " Your CCA claim cannot be greater than $6,990.25. The CCA deduction for your asset is limited to 30.00% of your UCC opening balance." IS this actually correct? I coulda sworn I read somewhere that it is only 15% allowed for first year? and it will only allow $30,000 max, meaning my $50,224.24 is making the turbo tax software make errors in my return? My return is bigger if I can actually claim 30% so I really need to know if the turbo tax software is correct or making errors?
... View more
Topics:
February 25, 2020
3:10 PM
I need to make it so it doesn't claim THE CLIMATE ACTION INCENTIVE AUTOMATICALLY FOR ME . I unclick the one box in the provincial profile but yet it still shows up in the summary."it then says at the top to use the easy step navigator to go to the interview step where you entered the information, and delete it there" I DIDN"T SELECT IT TO BEGIN WITH ITS THE STUPID THING YOU GUYS AUTOMATICALLY MAKE APPLY AND IF THIS DON'T GET FIXED I WONT BOTHER USING TURBO TAX AGAIN>>>> MAJOR FLAW>>> YOU THINK EVERYONE IN THE HOUSE GOES ON THE SAME RETURN OR EVERYONE USED TURBO TAX NO!! so fix this blunder now please..Turbo tax i'am starting to be very disappointed in. Ufile is way easier to use my friends tell me.
... View more
February 25, 2020
3:08 PM
I need to make it so it doesn't claim it for me. I unclick the one box in the provincial profile but yet it still shows up in the summary."it then says at the top to use the easy step navigator to go to the interview step where you entered the information, and delete it there" I DIDN"T SELECT IT TO BEGIN WITH ITS THE STUPID THING YOU GUYS AUTOMATICALLY MAKE APPLY AND IF THIS DON'T GET FIXED I WONT BOTHER USING TURBO TAX AGAIN>>>> MAJOR FLAW>>> YOU THINK EVERYONE IN THE HOUSE GOES ON THE SAME RETURN OR EVERYONE USED TURBO TAX NO!! so fix this blunder now please..Turbo tax i'am starting to be very disappointed in. Ufile is way easier to use my friends tell me.
... View more
February 24, 2020
7:06 PM
1 Cheer
I need to UNCLAIM the climate action incentive credit. Someone else is claiming it. But Turbo Tax is very very unfriendly with making this easy. Im frustrated as I have tried for over 30 min to unclaim it and its not working. I strongly suggest you guys don't make it automatically claim for ppl. Now how the hell do I fix this?
... View more
Topics:
February 10, 2020
5:53 PM
Hi Susan, I actually just noticed I could make the "CCA FOR YEAR" field 0. So now I did that and it matches what the CD version shows. I will probably file using the CD one since I did go out and spend 120$ on it after thinking the online version wasn't working properly. But next year I will probably have a hard time with the CCA on the cd if I end up owing. But so far this year I get a return. Just waiting on my main jobs T4 which I still think will have me getting a refund. But as for the CD version, I don't need to enter the truck info in the "fixed assets" section then if I am not claiming CCA?? That section seems to affect the refund amount the same as the chart for the "CCA for vehicles" does online (where I switched it to the 0), I think the refund was less cuz it had CCA of 2,330.08 for the year in the field? but now with it switched to 0 it matches the CD. I will probably be bugging you for help next year. hmm if I don't file online this year with the online version, will it still be easy to calculate the CCA next year online if I need it? if so I may not bother with the CD next year. I wish the CD did the math like it does online and saves it like it does online. I just hope if I don't file online it somehow will be easy to calculate it next year or somehow the program will still save that info? I regret running out and getting the CD now the online version is easier!
... View more
February 9, 2020
6:49 PM
Vehicle bought brand new Feb 8/2019 its a truck, 10.1 class. costed before taxes, $50,224.08. CCA for the year is $2,330.08. Total business km's was 10,920. total km's was 23,831. Business use is 45.8227%. I selected "Add vehicle for business use" as it is just me and nobody else doing food deliveries with it. So if i am not claiming CCA do I NEED to enter the info in the CCA chart? WHY does it make my refund become LESS if I enter the info? is it because its an asset? I don't understand why they deduct $ from my refund when its not being claimed? Id like to obviously get the biggest return possible, but if I don't enter the CCA chart info I don't wanna get in trouble with CRA for it? AS well, next year I will maybe wanna claim CCA? Is it possible to claim 2019 and 2020 CCA when I do next years if I owe next year?
... View more
