Previous year ITC not included in calculation of Quebec resource deduction

Program(s) affected: T1 Document created: March 11, 2005 Tax year(s): 2004 Document last modified: March 21, 2005 Version(s): 8.12 Problem status: Fixed in 8.20

In the calculation of the Quebec resource deduction, why is DT Max not considering as income the previous year's ITC claimed?

This problem occurs because the carryforward amount from the keyword ITC-PriorYr is added rather than subtracted on line 241 of the Quebec workchart.

As a workaround, use the keyword Override with the option Quebec jacket page 2 and enter the appropriate amount for line 241. If applicable, also enter code 11 for line 153, and the desired amount for line 154.