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How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

 
7 Replies

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

I discovered this issue as well Monday Feb 21st at 8pm when I tried to file before they closed net file at midnight EST, called Turbo tax in the morning to find out the CRA System has not finalized the business forms for the program to pull, so they say I'm taking their word. So I called the "CRA" they had no clue what I was talking about even the senior CRA staff.


But they told me if they receive enough phone call complaints in the next few days as to why the forms aren't finalized they will look into it but could take a few days to a week to resolve.


They also said that you need to verify that you qualify to netfile now, as they have made changes to qualifications to Netfile is years so before you call the number I put at the bottom or you can "Google" CRA phone number.


1) First go to their website at "Canada.ca"

2) In the top right search box type in the word " Netfile"
3) In this window scroll down to "File your taxes online: Understand NETFILE"
4) In this window click on the button at the top box that says "NETFILE eligibility"
5) Review the very, very long list of exclusions, and only if you don't meet those then call the number and ask the representative to put in a request for when the forms will be ready


If they receive enough unhappy citizens complaining about the forms not being ready on Monday, it will help get it expedited and let them know that you did review the list items that would make you ineligible and that the issue is the program won't let you click on the "Netfile button" because the business forms for most people is the T2125 but make sure you provide you exact business form number to them that you are filing if not the T2125.


But it you meet any of the NETFILE ineligibility you will need to print and mail it in once the forms are finalized (don't think you need to send receipts, they will call you for anything they need to see)


Hope that helps, and saves you the over 2 hours it took me to get this information, glad to know I'm not alone in this frustration. I think Turbo tax needs to be on them to get a date to provide us.


The CRA number is [phone number removed]

 

Good Luck

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

If you are not able to file and are seeing a message about locked forms, please see this TurboTax FAQ for more information: Why does TurboTax say my forms are locked or haven't been finalized? We are working to have the forms unlocked by the end of next week, if not sooner. We will update the FAQ when each form becomes available.

 

 

If you don’t have any of the forms on the list but you are still seeing this error message:

 

If you are using TurboTax Online, please clear your browser cache (or use a different browser) and try again. This TurboTax FAQ has instructions on how to clear the cache in several popular browsers: How do I clear my cache (browsing history)?

 

If you are using TurboTax CD/Download, please make sure that your software is fully updated. This TurboTax FAQ has instructions on how to update TurboTax CD/Download: How do I update TurboTax if I have the CD/download edition?

 

If you are still not able to resolve this issue, please contact our phone support team. You can use the form on this page to get the right phone number to call: TurboTax Contact Us

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

I switched to Wealthsimple because I was having the same issue. Yes you have to re enter all your information but it let me file with no issues. This locked form problem is a Turbo Tax problem not a CRA issue.

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

Having this corrected by the end of next week is not acceptable, people rely on this service. This issue needs to be expedited or else you will be loosing business. 

lornemulder
Returning Member

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

Your admin has responded that the forms will hopefully be unlocked next week. How is it that tubotax hasn't placed a notice that they will not process payment for their product until the locked form issue has been resolved? I will be another long time turbotax user that has switched to a provider that does not have locked form issues every year.

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

Hello! The CRA made available to software developers the latest version of the business income forms (T2125/T776) this morning. We plan to make them available in the next version scheduled for tomorrow (Friday) if all goes well if not in the following days.

How long will it take to have the T2125 tax form finalized for 2021? I need to submit my taxes urgently.

I've gone to a competitor now, it was super quick and easy. Unfortunately you've lost my business.