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T3
315 Federal and provincial tax credits
  Incorrect calculation of the Quebec dividend tax credit for 2020 |
| Program(s) affected: |
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Document created: |
04 27, 2020 |
| Tax year(s): |
2020 |
Document last modified: |
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| Version(s): |
23.12 |
Problem status: |
Pending |
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Why is DT Max incorrectly calculating the Quebec dividend tax credit for a trust with a taxation year-end in 2020?
DT Max T3 is incorrectly calculating the 2020 Quebec dividend tax credit on TP-646 line 125 and on the RL-16 box J.
This issue arises from inverting the 2019 and 2020 actual amounts of eligible dividends on the Allocation of Expenses form.
The same issue applies to the 2019 and 2020 actual amounts of ordinary dividends.
As a workaround, override the Allocation of Expenses form lines 3201 and 4201 for the actual amount of eligible dividends before allocation or designation and lines 3024 ad 3036 for the actual amount of ordinary dividends.
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