Question
Quebec Tax Guide Page 72 ststes to Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative. you can transfer it to your spouse on December 31, 2021, to reduce his or her income tax. When I do enter, am I to use
Preparing a Quebec couple with a spouse who has no other income other tan A T5 demutilization of (Computershare takeover by Definity Financial Corp.). Transfering spouse has close to $5000 to report from buy out.
Quebec Tax Guide Page 72 ststes to "Enter a negative amount from Line 430 of spouses Tp1 when the amount on line 430 is negative." You can transfer it to your spouse on December 31, 2021, to reduce his or her income tax payable.
