NetFile and EFile: What's Document Control Number (DCN)? Answer: Each efile return should have a UNIQUE document control number (DCN). The DCN shouldn't be similar to tax payer's S.I.N. When EFiler contacts CRA EFILE ...
myTaxExpress: How to amend a T1 tax return? Answer: Tax return with 10 years can be adjusted after it is filed to CRA and an assessment is received. If you just filed the return, ...
Forms and Slips: Where to find field 122 supporting field? Answer: Field 122 of Schedule 4 has a checkbox to confirm whether there are supporting fields.
Version 2020 and later (Click to view)
Version 2019 and prior (Click ...
Forms and Slips: How to report foreign income and income tax paid? Answer:
For recent tax years, the field number is changed to 5-digit format, e.g. field 104 = field 10400.
First, you need to convert foreign income ...
Forms and Slips: How to claim disability amount? Answer: Disability amount for taxpayer (self) is claimed at Field 31600 on page 5 of Federal T1, and Field 58440 on page 1 of Provincial tax ...
Forms and Slips: How to optimize pension split beween spouses? Answer:
First, It must be a coupled return and both returns have form T1032 already. In form T1032, please select the option to indicate who is ...
T2Express: Step 1 - Create a new T2 return Answer:
Launch the software first.
Click the New icon at the top, or the New Returns... button at the bottom, of the software, or the menu Start ...
T2Express: Step 2 - Work on income statement schedule 125 Answer:
Add a GIFI schedule 125, Non-farm Income Statement, into the tax return to calculate the taxable income of the corporation. For farming income, add Farm ...