Covid-19 assistance report : T2 Schedule 1 Line 605 assistance description with corresponding "0" entry on line 295

niceday · ‎July 12, 2021

CRA requests to disclose the COVID assistance on T2 Schedule 1 (Page 35 of T4012 - T2 Guide) as:
Use Schedule 1 to report income from the COVID-19 programs. Clearly identify each of the COVID-19 subsidies received on line 605 (for example, “CEWS $15,500”) with a corresponding “0” entry on line 295.

However, Profile shows warning on Line 295 if the amount entry is "0" as:
Each description must have a corresponding amount. Otherwise, the description should be removed.

I tried to sign off the warning. But Schedule 1 Line 605 description got removed too and will not be showing on CRA submission view.

Any idea how to solve the warning, so that those info on Schedule 1 Line 605 and 295 being transmitted with the return to CRA ? Thanks.

MikeACGA · ‎January 29, 2023

On version 2022.2.5 this issue is happening on Schedule 1 of the T2. Is there a fix coming, or a workaround?

MikeACGA · ‎January 29, 2023

Looks like the workaround is to "preparer signoff" the error and it is then eligible for EFILE. Fingers crossed it goes through.

ProFile Duncan · ‎January 31, 2023

Hi,

The procedure is as mentioned here.

Make the entry in description as shown above and sign off the warning. As shown in the CRA Submission view the description on line 605 is sent with the T2. The warning needs to be there just in case the entry needs a number for some other entry.
This procedure was implemented last year without issues.