Capital gains (or losses) from resource property – Québec

Program(s) affected: T1 Document created: 04 20, 2016 Tax year(s): 2015 Document last modified: Version(s): 19.10, 19.12, 19.13, 19.15, 19.16, 19.17, 19.20 Problem status: Fixed in 20.01/02

My client has a T5013 slip and an RL-15 with capital gains (or losses) shown in box 151 of the T5013 and in box 12 of the RL-15. Part of these gains or losses is coming from resource property and is therefore shown in box 12-2 of the RL-15. I used the keyword Cap-Gains with the option "Capital gains (losses) [151]" to enter the amount shown in box 151 of the T5013 and the option "Resource properties [RL-15 Box 12-2]" to enter the amount from box 12-2 of the RL-15.The amount from box 12-2 of the RL-15 is reported on line 47 of Schedule G, but it is also included in line 22, which seems to double up the amount of gain or loss on resource property on the Québec return. Is this accurate?

DT Max did report correctly the amount from box 12-2 of the RL-15 on line 47 of Schedule G. However, the amount reported on line 22 of Schedule G is incorrect since it should be reduced by the amount already entered on line 47.

As a workaround, please follow these steps:

1. In the data entry, click on the amount in box 151.
2. Press the ALT+J keys on your keyboard (or right-click with your mouse and select "Add jurisdiction amount").
3. A new Québec field will appear. Subtract manually the amount in box 12-2 from the amount in box 151 and enter the result in this field.