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dougsimmons2
March 20, 2025
Question

I have no Capital Gains but Turbo tax will not submit my taxes to the CRA

  • March 20, 2025
  • 1 reply
  • 0 views
I am ready to file, but Turbo tax is holding all submissions although it is clear that those without Capital gains can do so. What's with this???

    1 reply

    TurboTaxAniqua
    TurboTaxAniqua
    March 21, 2025

    Do you have any T3? All capital gains and losses that are realized on a withdrawal from your contract will be reported on your T3 (RL-16) tax slip. This means that your tax slip contains both allocations of gains and losses realized by the fund, as well as your gains and losses realized on withdrawals. If you have T3, that might be the reason?

    We are aware of this issue, and our development team is working for a resolution. We appreciate your patience.

     

    Thank you for choosing TurboTax.

     

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