Where do I enter CDA, GRIP and refundable tax balances?
Where to find it: TIME MACHINE -> -> -> CCPC notional accounts
After the household’s additional-information screens, TIME MACHINE asks for the corporation’s end-of-last-year balances. Enter CDA, GRIP, eRDTOH, nRDTOH and AAII using the corporation’s tax records. These are fiscal pools, not additional investment accounts to create in ACCOUNTS and INVESTMENTS.
The Retained earnings from last year not yet deposited to CCPC accounts field means cash not already represented in the corporate holdings. Do not enter the corporation’s entire accumulated equity there if the same money is already in its investment accounts; that would make it available twice.
Enter current-year corporate investment income and realized gains/losses in their separate fields when requested. They are not the prior year-end pool balances.
TIME MACHINE uses these inputs to limit certain dividends and track corporate taxes and refunds. Obtain them from the corporate records or accountant, rather than inferring all pools from today’s portfolio value. Review them again after year-end or a capital-dividend transaction.