Taxable capital employed in canada for previous tax year

I am getting an error message in profile when I enter zero for taxable capital employed in canada for previous tax year used to calculate the small business deduction. My company had a loss last year so would I not put zero in?


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Mommycook - The taxable capital is used to determine the corporation’s eligibility as a “small business”, and is for information purposes only. It is drawn from last year’s Schedule 33, Line 690 (roughly equivalent to the Retained Earnings), and will only have an impact when it exceeds $10 million. If the value is “0”, you can sign it off as such, or enter “1” to remove the warning entirely.
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