Adjustment of investment expenses - QuebecFirst, please note that you must have investment income in order to claim the expenses in Quebec.
To enter your investments costs carried forward, follow the steps below:
1. On the left-side menu of the " Interview " tab, select "Interest, Investment income and carrying charges".
2. On the right-hand side of the screen, scroll down to "Expenses" group and choose "Carrying charges or interest expenses (line 22100)".
3. On the page that appears, enter the information about your actual expenses. At the last section of this page, "Adjustment of investment expenses and of other investment expenses carried forward (Quebec)", if you use the program for the first time, enter the amount for the "Adjustment - Investment expenses" online "Unused portion of the amount of the adjustment of investment expenses (Schedule N L.70) (Quebec only)", otherwise the amount will be carried forward.
The program will report your financial expenses on line 231 and the adjustment of investment expenses on line 252, if applicable.
Schedule N will be generated by the program, and we suggest that you verify on line 80 the amount that could be carried forward.
For more information, please visit the following link:
ID: 20211001170949CA.xml
Webpage: KPA365-20211001170949CA.htm