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November 13, 2022
Question

I have more flow-through mineral exploration tax credits than I need does turbo tax automatically carry them forward

  • November 13, 2022
  • 1 reply
  • 0 views
or should I fill less than the whole amount and file the rest next year

    1 reply

    November 16, 2022

    As per our TurboTax article: Auto-fill My Return - Carry forwards the mineral exploration tax credit is not automatically carried forward. 

     

    For more information, please see the Canada Revenue Agency link: How Does the Mineral Exploration Tax Credit Work?

     

    Thank you for using TurboTax.