Need help figuring out what to put under line 13 in form T777S

[mynach]

I used the calculator by the CRA to help me figure out what to put in form T777S. Here's a screenshot of what the calculator says.

The calculator is asking me to add my entire employment income to line 13 in form T777S. Line 13 is "Amount carried forward from previous year". That can't be right, right?

What I think is correct:

1. Line 12 - employment-use amount as calculated by that calculator
2. Line 13 - $0 as I don't have anything carried over from last year (No income)

 

[portclancia]

@mynach You don't need this. It's just gonna limit the prorated expenses to employment income which would be insane if that was the case

 

[mynach]

@portclancia So how should I fill the form? Keep line 13 as $0?

 

[portclancia]

@mynach This isn't how the form will be filled. Just take your eligible expenses * percentage related to employment and that's your deduction. Form 777

 

[mynach]

@portclancia Right. I've done that. It makes sense to me, going from my total rent + utilities to arriving at employment-use amount by multiplying the percentage.

How do I actually fill the 777 form though? It makes sense till line item 12. Line item 13 is where the CRA calculator says "put your annual income", but the text of item 13 is "amount carried forward from previous year", which doesn't make sense.

To make it concrete using fictional data:

1. Rent + utilities = $30,000 in 2022
2. % use (40/168 * 15% utilization) = 3.5%
3. employment-use amount = 30,000 * 3.5% = $1,050
4. Income = $200,000

The CRA calculator is asking to put (4) in line item 13. That doesn't make sense.

 

[portclancia]

@mynach This calculator is not the 777