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Active and Passive income reporting


Hi all,

I have a holding corporation whose income is mostly (90% passive from RE and the rest is from active management of other businesses) but I can’t find where in the software to segregate/document passive income. so the tax is calculating as if all was active income. Anyone knows the forms or checks that I am missing


Complete schedule 7

Many Thanks,

Norman Adams


6733 Rideau Valley Drive South, P.O. Box 160, Kars, ON K0A 2E0 Phone: (613) 489-3583 x227 | Toll Free/Fax: 1-888- 877-2505

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Thank you Norman


And if it’s from a rental, use the Rental Worksheet and Schedule 7 will complete itself.