How do I insert the income protection contribution 4018 on my income tax return?
By Marc Sevitz · Updated
You need to click yes to the wizard question of "do you contribute to a retirement annuity fund" then in that section which comes up in the return you would enter the Income Protection amount. Do you have the policy through your employment and it appears on your IRP5?
Thanks TaxTim!! I clicked yes and the section appeared and entered and saved again but still does not show on tax calculation??
employer does not pay for the policy...
employer does not pay for the policy...
Thanks!! Figured it out!!
What was the problem?
Had to press calculate while the return was still open otherwise it only shows your previous calculation if u want to look at it after u saved and look at issued returns to calculate! :-)
Glad it all got sorted out!