ReFile after assessment: Click menu Tax Return > ReFile

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Tips

1. Run as Administrator and deal with anti-virus and security programs

If FutureTax didn't work or didn't work suddenly, such as can't save return file, the software is not running properly, etc, right-click on the FutureTax icon and select "Run as Administrator". If the problem is still there, disable anti-virus and/or security programs running on your PC or add FutureTax as an exception on your anti-virus and/or security programs.

2. Line 352, 367 (Family caregiver amount for children under 18 years of age)

Please refer to CRA T1 guide.

You can claim an amount for each of your or your spouse’s or common-law partner’s children who:

  • are under 18 years of age at the end of the year;
  • lived with both of you throughout the year; and
  • have an impairment in physical or mental functions. For more information, see Family caregiver amount (FCA).

The full amount can be claimed in the year of the child’s birth, death, or adoption.

3. Newcomer Basic Amount Proration

This is not new but have to pay attention. The proration rules have been changed by CRA. Please check relevant documents on CRA website. As long as lines 5292 and 5293 on Efile/Netfile worksheet are zeros, or 5292/(5292+5293)>90%, there will be no proration.

4. Tuition Transfer

On the parent's return, click Depdendants button at the top tool box, claim the dependant and enter the Tuition Transfer field. The amounts of the Tuition Transfer are exact from line 327 and 5920 of Federal and Provincial Schedule 11 on child's return.

5. Child Care Expenses (T778)

Only the spouse or common-law partner with the lower net income (even if it is zero) can claim these expenses.

6. The clues for Schedule 6 not being transferred to T1

Please refer to T1 guide to check if you are eligible for the credit. Also make sure no entries on Decease date and Entry date on page 1 of T1, and the return is not for pre-bankruptcy.

7. T776 CCA

I entered all the information on part A on T776, the total CCA claim (Column 9) is still $0? - Please make sure the amount at line 15 on page 1 of T776 are greater than zero.

8. Line 437 (total income tax deducted) is different from T4 slip

This is because form T1032 is claimed. Check the instructions on page 2 of T1032.

9. Submit T1135

Please click the menu: T1135 > Submit T1135.

10. Tax Return File Location

If you save your tax return, the location of your tax return will be shown at the top blue caption bar of the software as follows. The default folder is "My Documents\FutureTax" on your hard drive. Please note that the return file will be saved on your hard drives of your computer, we don't have a copy even though you submit it. So back up your files when possible.
Tax Return Location

11. Box 48 on T4A

The amount goes to page 2 of the first T2125, when selecting business or professional income.

12. Save file error on Windows 10: File not found. Check the file name and try again.

Please click the menu: T1135 > Submit T1135.

13. I cannot find the entry place for Box 113 on T5013 Form.

Box 113 is for return of capital, which is not taxable and so you do not have to report it. Return of capital is when you are getting some of your original investment back. This information on the T5013-INST form that came with your T5013 slip.

14. I use part of my home and receive a monthly rental fee from a company that needs this office space. I need to know which form / line numbers on the T1 I can use to deduct expenses like utility costs; home insurance, property taxes, repairs, etc.

You should use Part 4 of T2125.

15. How I can carry forward RRSP contribution to be used in future years?

Enter the current year contribution on line 13 of Schedule 7, then the unused RRSP contribution(line 17) will be carried forward to next year.