RL-27 slips - Box B, Subsidies
The amounts displayed on the RL-27 slip in Box B relate to
subsidies received from a ministry or an organization of the
government of Quebec during the taxation year.
The subsidy is an amount received as assistance for the cost of
an asset, for an outlay or expenditure or as an incentive. Aid or
incentives can take the form of a bonus, subsidy, and forgivable
loan. Verify the type of assistance you
received.
Depending on the type of benefit that you receive, you must
include these amounts in the calculation of your income or that of
the trust, company or partnership.
If you are an individual and the amount of subsidy has been
exhausted, you do not need to enter it. Therefore, do not claim a
deduction for the expense.
However, if the amount was not used in full, or according to the
agreement with the government, you must enter the balance in
"Other taxable income" as follows:
1. On the left-side menu of
the " Interview " tan, select
"Other income".
2. On the page appearing on the right, choose "Other taxable
income (federal line 13000)" and complete the fields for
"Description and amount of other income not included in the
CNIL".
3. If you have any other amounts to enter, click on
the plus sign "+" to
enter the description and amount.
This amount will be entered as "Other income"
on line 13000 of the federal return and on line
154 of the Quebec return.
You do not have to attach this slip to your tax return (or the
information return, in the case of a partnership). Keep this copy
for your files instead. Furthermore, please note that a copy was
sent by the issuer of the slip to Revenu Québec.
ID: 20211018170348CA.xml
Webpage: KPA365-20211018170348CA.htm
