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T1 tax calculations
403 Capital gains

Print this pageForward this document  Capital gain from T3 slip with capital gain exemption claimed for Quebec

Program(s) affected: T1 Document created: April 25, 2005
Tax year(s): 2004 Document last modified:
Version(s): 8.22 Problem status: Pending

Why is the total on line 279 of the TP1 general return not equal to the total of lines 275 to 277?

This only occurs in cases where the tax return is filed under the general tax system, the capital gain exemption is used, and there are capital gains entered in a T3 slip group. DT Max does not properly add up the total to appear on line 279 of the TP1.

As a workaround, use the keyword Override to enter the appropriate amount (typically "0") on line 34 of schedule N.