Question

Schedule 3 warning on filing

Forum|Forum|2 years ago
March 10, 2024
3 replies
0 views

I get this warning when trying to file my taxes: On Schedule 3, indicate if you disposed of a property that was owned for less than 365 days.

Cannot find where the error is being generated. Clicked through the tax return and have NO checked for having sold any property

TurboTax CD or Download Standard

TurboTaxSusan

Is there anything on Schedule 3? Do you have any T5, T5013, T4PS, T3 or T5008 slips?

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K

kjk1001Author

Yes. I have a T5 in my return. From my high interest savings.

TurboTaxSusan

Double check that you've entered everything on the T5 slip correctly.

Also, if this message is a warning (not an error), then you can ignore it if it doesn't apply to you.

M

megs6161

Go to Forms mode, Search for form Schedule 3, Scroll to the bottom there is a question that asks if you flipped say NO there and error will go away

J

johnbillwishart

I am getting this Error in the online version and there I don't know how to change schedule 3.

sold a property less than 365 days after buying it

TurboTaxAniqua

@TurboTaxAniqua can you please advise of timing for resolution and/or workaround re: this? after applying the updates that were available today, April 14 the same "CRA NETFILE: Warnings Review" window with the "On Schedule 3, indicate if you disposed of a property that was owned for less than 365 days" message persists in turbo tax desktop. Schedule 3 does not apply to my return, and it is not open in forms. Note that this message (there is no error code) appears prior to the actual CRA netfile action so is this a Turbo tax bug vs. CRA issue? Please advise as it is unclear if/how the return can be netfiled with this warning. Thanks in advance

@SC2024 Please disregard the warning and proceed to Netfile the tax return if it does not apply to you.

A

ANCIENTUSER1

On Schedule 3, indicate if you disposed of a property that was owned for less than 365 days.

I received the same error when NETFILING, used one of the users advice went to Schedule 3 and said No to the question if I sold the property within less than 365 days.... and the Warning went away..., I had to do it for both myself and my husband

I was concerned a lot since neither of us has any Tax slip T3 or T5

Thank you from the bottom of our heart to the user who suggested that !!!!