Erroneous amount of non capital loss on TP-1012.A

Program(s) affected: T1 Document created: February 13, 2005 Tax year(s): 2004 Document last modified: February 18, 2005 Version(s): 8.10 Problem status: Fixed

Why is the amount of non capital loss calculated on form TP-1012.A erroneous?

This occurs when the taxpayer's file shows net federal supplements paid (T4(OAS) box 21) and/or income from preventive leave (RL-5 box E). DT Max doubles the deduction on line 14 of form TP-1012.A (Carryback of a loss sustained), thus creating or increasing the non capital loss.

This problem will not affect the 2004 return or prevent efiling. However, form TP-1012.A should be discarded and the carryforwards to 2005 should be removed manually in the taxpayer's 2005 file once their 2004 return has been filed.