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Box 486 Amount enclosed is no longer available on the T1 Jacket in 2014 and later

by Intuit Updated 2 years ago

Box 486, Amount enclosed, has been removed in the ProFile T1 module as it corresponds with CRA's requirements from the T1 Jacket in tax years 2014 and later.

Box 486, Amount enclosed was used to enter an amount that has been pre-submitted to CRA as an early payment for estimated tax owed for the following year.

Resolution

Enter the amount on OtherCredit on Tax paid by instalments - line 476.

This will transfer to line 476 on the T1 Jacket, subtracting the amount that has already been submitted to the CRA.

Intuit ProFile Tax

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