Where do I find the GIFI code?

The GIFI consists of items you find on a balance sheet and on an income statement.

What is GiFi short for?

The General Index of Financial Information (GIFI) is a standard list of codes that you use to prepare your financial statements.

How do I create a GIFI file?

Preparing the GIFI Complete the GIFI schedules: Review and correct the GIFI diagnostics. Transfer the GIFI information to the tax return. Prepare the corporate tax return and schedules. Review and correct the diagnostics generated by Corporate Taxprep. Print the return and the GIFI schedules.

What is the GIFI code 2680?

GIFI Flip Codes GIFI descriptionGIFI CodeGIFI Flip CodeTaxes payable26801483Due to shareholder(s) / director(s)27801300Due to individual shareholder(s)27811301Due to corporate shareholder(s)2782130249 more rows

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Urn, unless the corporation is located Quebec, or Alberta. If the corporation is located in one of these provinces, you have to file a separate provincial corporation return. 055 Do not use this area C 0 Sections, subsections, and paragraphs mentioned on this return refer to the Income Tax Act. This return may contain changes that had not yet become law at the time of printing. Send one completed copy of this return, including schedules and the General Index of Financial Information (GIFI).

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