You will see the following error message in H&R Block’s 2018 tax software if you indicated on the T1212: Statement of Deferred Security Options Benefits page that you had benefits that can no longer be deferred in the year but did not complete the related section on the Schedule 3: Capital gains (or losses) in 2018 page:
You need to complete the Capital gains (or losses) in 2018 (Schedule 3) page (or, if you live in Québec, the Capital gains and losses (Schedule 3 & Schedule G) page) because you entered an amount for security options benefits that can no longer be deferred. Choose Publicly traded shares, mutual fund units, deferral of eligible small business corporation shares, and other shares for the type of capital property, then enter the required information. The Schedule 3 is in the PENSION PLANS AND INVESTMENTS section in the PREPARE tab. [error code: 188]
How do I fix this?
To fix this error, on the Schedule 3 page, select Publicly traded shares, mutual fund units, deferral of eligible small business corporation shares, and other shares from the list of capital properties you want to report on. Enter the details of the shares or mutual funds you disposed during the year.
Note: The Schedule 3 page can be found under the PENSION PLAN AND INVESTMENTS icon of the PREPARE tab and the T1212 page can be found under the EMPLOYMENT icon of the PREPARE tab.