Refundable Medical Expense Supplement Profile ver 2020.2.7

gail0279 · ‎February 07, 2021

on Other Credits form at line 45200 data entry area the program is shown to bring forward the amount from line 23600 (net income). I have an amount on line 23600 but it is NOT carrying forward to Other Credits form. Therefore no refundable medical expense supplement calculates. Is this a Profile error or am I not understanding something

kozakworld · ‎February 09, 2021

Have you reviewed the CRA rules for this tax credit? I pasted them below.

Basically, if your client does not meet the criteria mentioned in these rules, then the credit will not be calculated (the calculation at Line 14 and Line 16 will remain at $0.00).

(NB: this same approach exists in other areas of the tax software, where values will not be calculated if all the criteria are not met).

Line 45200 - Refundable medical expense supplement

Note: Line 45200 was line 452 before tax year 2019.

You may be able to claim a credit of up to $1,272 if all of the following apply:

you have an amount on line 21500 or line 33200 of your return
you were resident in Canada throughout the year
you were 18 years of age or older at the end of 2020
The total of the following 2 amounts is $3,714 or more:
- your employment income on line 10100 and line 10400 of your return (other than amounts received from a wage-loss replacement plan) minus the amounts on lines 20700, 21200, 22900, and 23100 of your return (but if the result is negative, enter "0")
- your net self-employment income (not including losses) from lines 13500, 13700, 13900, 14100, and 14300 of your return

Note: If you have income from more than one business reported on one specific self-employment line (13500, 13700, 13900, 14100, or 14300) and you are reporting a profit from one business and a loss from another, use only the profit amounts when determining if you meet the income requirement (noted above) to be eligible for this credit. Otherwise, if you are reporting a loss from only one business at one of these lines, do not include that loss.

View solution in original post

ProFile Duncan · ‎February 09, 2021

Hi, thank you for using Intuit ProFile Community

On testing ProFile T1 for 2019 and 2020 is calculating the medical expense supplement correctly following the CRA rules. As mentioned in the other post here, look at the type and amount of income on line 23600: if the taxpayer is not eligible for the credit, the section for medical expense supplement is not completed by ProFile.

Hope this helps

View solution in original post

Jack_Canada · ‎February 09, 2021

I did several calculations just for the purpose of the medical refundable supplement today and everything works fine.

View solution in original post

kozakworld · ‎February 09, 2021

Have you reviewed the CRA rules for this tax credit? I pasted them below.

Basically, if your client does not meet the criteria mentioned in these rules, then the credit will not be calculated (the calculation at Line 14 and Line 16 will remain at $0.00).

(NB: this same approach exists in other areas of the tax software, where values will not be calculated if all the criteria are not met).

Line 45200 - Refundable medical expense supplement

Note: Line 45200 was line 452 before tax year 2019.

You may be able to claim a credit of up to $1,272 if all of the following apply:

you have an amount on line 21500 or line 33200 of your return
you were resident in Canada throughout the year
you were 18 years of age or older at the end of 2020
The total of the following 2 amounts is $3,714 or more:
- your employment income on line 10100 and line 10400 of your return (other than amounts received from a wage-loss replacement plan) minus the amounts on lines 20700, 21200, 22900, and 23100 of your return (but if the result is negative, enter "0")
- your net self-employment income (not including losses) from lines 13500, 13700, 13900, 14100, and 14300 of your return

Note: If you have income from more than one business reported on one specific self-employment line (13500, 13700, 13900, 14100, or 14300) and you are reporting a profit from one business and a loss from another, use only the profit amounts when determining if you meet the income requirement (noted above) to be eligible for this credit. Otherwise, if you are reporting a loss from only one business at one of these lines, do not include that loss.

ProFile Duncan · ‎February 09, 2021

Hi, thank you for using Intuit ProFile Community

On testing ProFile T1 for 2019 and 2020 is calculating the medical expense supplement correctly following the CRA rules. As mentioned in the other post here, look at the type and amount of income on line 23600: if the taxpayer is not eligible for the credit, the section for medical expense supplement is not completed by ProFile.

Hope this helps

Jack_Canada · ‎February 09, 2021

I did several calculations just for the purpose of the medical refundable supplement today and everything works fine.

gail0279 · ‎February 09, 2021

thank you very much for the advice and reply

gail0279 · ‎February 09, 2021

thank you for the advice and replies