Do I have to report the refund on loss carry back on last year T2 return to 2018? If so, how do I report it? Thank you.
The corporation got a tax refund from loss carry back for tax year 2017. How should this refund be handled in the 2018 T2 return? Should it be income for 2018 or the retain earning has to be adjusted, or just put that in the bank? Thank you.