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Ayodapo
Level 1

Calculation of ERDTOH & NERDTOH balances

It appears ProFile is not calculating the ERDTOH and NERDTOH balances correctly. For some of our clients, dividend refund (Part IV tax) from non-eligible dividends from connected corporations are being added to the ERDTOH pool on the T2, even when these dividends were identified as non-eligible dividends on S.3. In most cases we have to manually calculate and override ProFile.

 

Could you look into this problem?