Quebec Tax Guide Page 72 ststes to Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative. you can transfer it to your spouse on December 31, 2021, to reduce his...
Quebec Tax Guide Page 72 ststes to Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative. you can transfer it to your spouse on December 31, 2021, to reduce his or her income tax. When I do enter, am I to use
Preparing a Quebec couple with a spouse who has no other income other tan A T5 demutilization of (Computershare takeover by Definity Financial Corp.). Transfering spouse has close to $5000 to report from buy out.
Quebec Tax Guide Page 72 ststes to "Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative." You can transfer it to your spouse on December 31, 2021, to reduce his or her income tax payable.
Quebec Tax Guide Page 72 ststes to Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative. you can transfer it to your spouse on December 31, 2021, to reduce his or her income tax. When I do enter, am I to use
Why not just report the dividend on the husband's return instead, to avoid that problem? For federal purposes, you are allowed to have the higher-income taxpayer report the spousal dividends if it would increase the amount they can claim for their spouse. There is no special form to complete - just report it on the husband's tax return. I would think it would be the same for Quebec taxation purposes? That would avoid the issue of having a negative in that field.
Quebec Tax Guide Page 72 ststes to Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative. you can transfer it to your spouse on December 31, 2021, to reduce his or her income tax. When I do enter, am I to use
Thanks for your response
You are leaving Intuit.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
