GST or QST rebate - Annual professional dues
If you want to claim the rebate for taxes paid when you
contributed to your professional corporation or your union, please
follow the steps below to claim the GST or the QST:
1 - On the "Left side menu on the Interview
tab", select "Interview setup".
2 - On the right-hand side of the screen, go to the
"Employment and other benefits" group, check the
box for "Union or professional dues not on T4
slips" and click "Next" at the bottom of
the page.
3 - Return to the "Left side menu on the Interview
tab" and select "Union or professional
dues".
4 - On the new page generated on your right, choose
"Union or professional dues (not recorded on a T4
slip)".
5 - Then on the new page appearing on the right, enter
the TOTAL amount paid (including all taxes) in the first field
.
6 - You should NOT include the amount for the professional
liability insurance in that total. To report that specific amount,
you must return to step 4 as described above and select the option
"Mandatory professional liability insurance".
7 - If you want to claim the GST, select
"Yes" in the drop-down menu (third line).
8 - On the fourth line, specify the amount eligible for
the GST rebate (the amount of the contribution including the
GST).
9 - If you wish to claim the QST, make your choice in the
drop-down menu (fifth line). Note that if you claim the QST, the
"QST registration number of the organization" is
required (sixth line).
10 - On the seventh line, enter the amount, including GST and
QST that is eligible for the QST rebate.
Note that on page 8 of the Federal return, you will find the
GST rebate amount claimed on line 45700. As for the QST rebate,
the amount will be reported on line 459 of the Quebec tax
return.
Finally, note that the program will generate forms GST 370 (GST)
and VD-358 (QST). These forms indicate the calculation for the GST
and QST rebates.
Please note that the tax rebate is taxable at the Federal level
and Quebec
In addition, the program will carry forward the amount of taxes
claimed. You can view all by selecting the tab ''Tax
return'' and in the left column, choosing the line
''Summary of carryforward amounts''.
ID: 20191203095548NA.xml
Webpage: KPA310-20191203095548NA.htm
