You will see the following error message in H&R Block’s 2018 tax software if, on the T1256-1: Manitoba small business venture capital tax credit for individuals page, you entered a credit amount for shares issued after June 11, 2014 that was more than the maximum amount claimable for this credit:
The maximum amount you can claim for the Manitoba small business venture capital tax credit is $202,500. Make sure you entered the amount shown on your T2SBVCTC (MAN.) slip correctly. [error code: 197]
How do I fix this?
To fix the error, return to the T1256-1 page and enter the correct credit amount shown on your T2SBVCTC (MAN.) slip.
Note: You can find the T1256-1 page under the PENSION PLANS AND INVESTMENTS icon on the PREPARE tab.