Ask Allan Forum
Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.
Notifications
Clear all
Ask Allan Forum
2
Posts
2
Users
0
Reactions
1
Views
Aug 07, 2020 5:42 pm
How is an asset sale of business creating goodwill gain of $180,000.00 recorded on which schedules in dtmax. Thank you
1 Reply
Aug 10, 2020 11:08 pm
The gain from the sale of goodwill should be reported on Schedule 8 and Schedule 3 of the T2 corporate tax return.