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Level 3
August 13, 2025
Question

Canada Carbon Rebate for T2

  • August 13, 2025
  • 0 replies
  • 5 views

Hello

 

Requesting some guidance.

S125: 9999 Includes the CCR Rebate

I am taking a deduction in line 705 in Schedule 1. 

The CCR will not be taxed but will end up in closing retained earnings. Is it the correct way of reporting it?