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T1 tax calculations
478 T5013, T5003, T101, T102

Print this pageForward this document  ABIL from T5013 slip calculated incorrectly

Program(s) affected: T1 Document created: April 15, 2005
Tax year(s): 2004 Document last modified:
Version(s): 8.22 Problem status: Pending

Why is DT Max not calculating properly the amount of ABIL coming from a T5013 slip?

This problem occurs with multiple T5013 slips where at least one of them has an allowable business investment loss (ABIL).

As a workaround, remove the ABIL information from the T5013 keyword group, then enter it in the group CAPITAL-GAIN and select the option ABIL.