Smart Copy/Paste

T2125, T776, T2121, T2042, AgriStability

Preparing a T2125 for more than one partner in a business? Complete the statement for one partner, entering the partner details. Right-click and select Smart Copy. Open a blank T2125 in the partner’s return and paste. Not only do the amounts come over, but partner information now reflects the taxpayer in the new return, with the partnership share at the top of the statement showing their percentage and the other partners listed at the bottom. More  
Income statements automatically share with a spouse who is a partner in the business when you indicate the partnership share. More  
Smart Copy/Paste works for other income statements too: T776 rental, T2121 fishing, T2042 farming and T1163/T1273 AgriStability/AgriInvest. More  

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