I think I have a problem! The wife of my client died on December 31, 2018. I have put that date in her file and the husband’s file changes to widowed, but the deceased’s file does not change from married. I filled in the date of change and chose married as the former marital status. Is this a problem or is normal?
In the year of death I always leave them as “married”. Technically that’s not correct because the return asks for marital status at Dec 31. However, you have to show as married/common-law on the final return to have things like the pension splitting calculate properly.
I think you are sending these answers to wrong email. I questioned as to where I find form to enter disposition of rental property sales ( not personal ) I have been thru every form and cannot find it
Would you know answer to my question " Where do I find disposition of rental property" client has sold income home and I have looked everywhere and cannot find form to enter this information. Assumed it would be under The actual rental home in assets.
I set up the asset in Tax Cycle at the purchase price along with any capital improvements, etc. I entered approximate purchase dates and when reminded by the program that you can only use dates from the current year, I did an override. Then I added a disposal line in the same asset, marked it as all of asset disposed and got the results I was looking for.
Thank you for answering my query