If you've received a T1198 (Statement of Qualifying Retroactive Lump-Sum Payment) or a letter, you'll need to take special steps to file your tax return:

Steps to file your return:

1. Prepare your return in Wealthsimple Tax as usual
2. Add the Statement of Qualifying Retroactive Lump-Sum Payment section to your return
3. If you've received a letter containing information typically found on a T1198 (Statement of Qualifying Retroactive Lump-Sum Payment), you can still enter this information in Wealthsimple Tax
   1. Look for and input the total lump-sum payment amount
   2. Enter the amounts for each applicable tax year as specified in the letter
   3. Add any income tax deducted, if applicable
   4. Double-check that all amounts match the letter
   5. Ensure the total of the individual year amounts equals the total lump-sum payment
4. If you're preparing a return for a year before 2024, you'll need to print and mail it

Remember:

• Include all relevant slips and documents with your mailed return, if applicable
• Keep a copy of your return and all supporting documents for your records
• Processing times for paper-filed returns are typically longer than NETFILE submissions

If you're unsure about how to report your T1198 or have questions about paper filing, consider consulting with a tax expert.