  Research & development |
The keyword Agreement allows you to indicate which federal SR&ED agreement form to complete.
The following options are applicable for the keyword Agreement.
SR&ED non arm's length assist. allocation - Sch.61
SR&ED contract expenditures transfer - Sch. 62
SR&ED salaries/wages of specified employees - T1174
 See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 262 - SR&ED assistance agreement
Line 263 - SR&ED expenditure transfer
Line 264 - SR&ED salaries agreement
Use the keyword Name-SpecEmp to enter the name of the specified employee for purposes of federal schedule T1174.
Use the keyword SIN-Employee to enter the social insurance number (SIN) of the specified employee for purposes of federal schedule T1174.
Use the keyword WagesEmp-R&D to enter the SR&ED salary or wages incurred by the corporation for the specified employee.
Use the keyword NameAssoCorp to enter the name of the associated corporation involved in the allocation of the SR&ED salary or wages of specified employees.
DT Max will link the name entered here with the name of the associated corporation found in the RELATEDPARTY group in order to obtain its business number.
Use the keyword WageEmp-R&D to enter the amount of SR&ED salary or wages incurred by the associated corporation for the specified employee.
Use the keyword Alloc-R&DWage to enter the associated corporation's allocation of SR&ED salary or wages for the specified employee.
This amount may not exceed five times the year's maximum pensionable earnings (YMPE) for the calendar year in which the taxation year ends.
Use the keyword Trans-Type to indicate whether the filing corporation is to be identified as the transferor or the transferee for puposes of the SR&ED agreement forms.
The following options are applicable for the keyword Trans-Type.
Use the keyword Contact.tt to enter the name of the authorized signing officer of the filing corporation, if this information is different from the contact person in the SR&ED, Address or CorpOfficers group.
Use the keyword Title.tt to enter the title of the authorized signing officer of the filing corporation.
The following options are applicable for the keyword Title.tt.
Use the keyword SignDate.tt to enter the signing date of the authorized signing officer of the filing corporation.
Use the keyword Name.ts to enter the name of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the name of the transferee if the filing corporation is not the transferee.
Use the keyword BusNumber.ts to enter the business number of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the business number of the transferee if the filing corporation is not the transferee.
Use the keyword SIN.ts to enter the social insurance number of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the social insurance number of the transferee if the filing corporation is not the transferee.
Use the keyword PIN.ts to enter the partnership identification number of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the partnership identification number of the transferee if the filing corporation is not the transferee.
Use the keyword Street.ts to enter the civic number and street of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the civic number and street of the transferee if the filing corporation is not the transferee.
Use the keyword City.ts to enter the city of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the city of the transferee if the filing corporation is not the transferee.
Use the keyword Province.ts to enter the province of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the province of the transferee if the filing corporation is not the transferee.
The following options are applicable for the keyword Province.ts.
Use the keyword PostCode.ts to enter the postal code of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the postal code of the transferee if the filing corporation is not the transferee.
Use the keyword YearEnd.ts to enter the taxation year of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the taxation year of the transferee if the filing corporation is not the transferee.
Use the keyword Contact.ts to enter the name of the person to contact at the transferor if the filing corporation is not the transferor. This keyword can also be used to enter name of the person to contact at the transferee if the filing corporation is not the transferee.
Use the keyword Title.ts to indicate the position of the officer signing the SR&ED agreement of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the position of the officer signing the SR&ED agreement of the transferee if the filing corporation is not the transferee.
The following options are applicable for the keyword Title.ts.
Use the keyword SignDate.ts to enter the signing date of the SR&ED agreement of the transferor if the filing corporation is not the transferor. This keyword can also be used to enter the signing date of the transferee if the filing corporation is not the transferee.
Use the keyword Current.ts to enter the current portion of the agreed upon amount of SR&ED assistance that is to be allocated for the purposes of Schedule 61 or, alternatively, use this keyword to enter the agreed upon SR&ED current portion of qualified expenditures that are to be transferred for the purposes of Schedule 62.
Use the keyword Amended.ts to indicate that the SR&ED agreement is an amended one, if applicable.
The following options are applicable for the keyword Amended.ts.
Use the keyword Dir-Resolutions to indicate whether or not copies of the resolutions of the directors were submitted in a prior year.
The following options are applicable for the keyword Dir-Resolutions.
Use the keyword Year-Submitted to indicate the year that the copies of resolutions of the directors were submitted.
Use the keyword Notional to enter the total amounts that, if the transferor were dealing at arm's length with the transferee, would be "notional contract payments" for performance of SR&ED for, or on behalf of, the transferee.
Use the keyword SR&EDPool to enter the amount of the transferor's SR&ED qualified expenditure pool at the end of the taxation year, before reduction for the transfer of qualified expenditures to the transferee. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Unpaid-Con to indicate the portion of notional contract payments entered with the keyword Notional that are not paid by the transferor on or before the day that is 180 days after the end of the taxation year of the transferor.
Use the keyword Total-Qe to enter the amount of total qualified expenditures incurred in the year by the transferor before application of subsections 127(26) and 78(4) of the ITA for unpaid amounts, that relate to the notional contract payment.
Use the keyword NonArm-Qe to enter the qualified expenditures incurred and paid by the transferor in the year for the portion of the SR&ED performed at non arm's length, that relate to the notional contract payment.
Use the keyword Transf-Amt to enter amounts transferred to the transferor for SR&ED expenditures. This would be the case when the transferor has subcontracted all or a portion of the SR&ED to a non arm's length subcontractor and the subcontractor transferred its qualified SR&ED expenditures to the transferor.
This keyword opens the SR&ED group that should be used for purposes of completing schedule 32 (T661) and the Quebec RD-222, based on the SR&ED method selected. In addition, with the use of the keyword ProvITCExp.r, SR&ED expenditures eligible for provincial tax credit for purposes of schedule 340, schedule 380 and schedule 403 can be entered in this group.
The following options are applicable for the keyword SR&ED.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 231 - ITC
Line 232 - SR&ED
Line 652 - ITC
 See the CRA's general income tax guide:
Line 652 - Investment tax credit
Select "Yes" if a claim preparer engaged in any aspect of the preparation of this SR&ED claim.
The following options are applicable for the keyword ClaimPreparer.
Enter the name of company or individual who prepared this claim.
Enter the business number of the claim preparer. Enter "NR" if the corporation is not registered, or there is no business number. For individuals, you may provide the GST or HST number.
Enter the corporation's Quebec enterprise number.
Select the billing arrangement code.
The following options are applicable for the keyword Billing-Code.
Enter the percentage the contingency fee is based on.
Enter the hourly rate, daily rate or flat fee arrangement (lump sum).
Use the keyword Oth-Arrangement to describe other billing arrangement.
Enter the total fee paid, payable or expected to pay. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Qualify-Corp to indicate whether or not the corporation is a qualifying corporation for purposes of a refundable investment tax credit.
The following options are applicable for the keyword Qualify-Corp.
Use the keyword Exclude-Corp to indicate whether or not the corporation is an excluded corporation as defined under subsection 127.1(2) of the ITA.
The following options are applicable for the keyword Exclude-Corp.
Use the keyword Farming.R&D to indicate that the corporation has paid a contribution in the current year to an agricultural organization whose goal is to finance SR&ED activities.
This information is required for purposes of schedule 31.
The following options are applicable for the keyword Farming.R&D.
Use the keyword Contribution.R&D to indicate the amount of contributions in the current year to agricultural organizations whose goal is to finance SR&ED work.
Use the keyword R&DPreparer to enter the name of the tax preparer who completed the SR&ED form.
Use the keyword Title.p to enter the title of the tax preparer who completed the SR&ED form.
Use the keyword Firm.p to enter the name of the firm who completed the SR&ED form, if applicable.
Use the keyword Phone.p to enter the phone number of the tax preparer who completed the SR&ED form.
Use the keyword Date.p to enter the SR&ED claim date.
Enter the name of the signing officer to print on the Quebec RD-222 form and the federal schedule 32, if different from the signing officer entered in the CorpOfficers group. If no name is entered here, the signing officer entered in the CorpOfficers group will be printed on the forms.
Use the keyword Phone-R&D to enter the telephone number of the R&D signing officer of the corporation.
Use ContactR&D to enter the name of the contact person for SR&ED purposes. This information will appear on schedule 32 (T661).
Use ContactPhone to enter the telephone number of the contact person for purposes of SR&ED.
Use ContactPhone-Int to enter the international telephone number of the contact person for purposes of SR&ED. It can be up to 15 numeric characters and is entered with no spaces, hyphens or other characters.
Use the keyword ContactPhone-Int only if you wish to print the international telephone number on the Federal schedule 32 as opposed to the telephone number entered within the keyword ContactPhone.
Use ContactFax to enter the fax number of the contact person.
Use ContactFax-Int to enter the international fax number of the contact person. It can be up to 15 numeric characters and is entered with no spaces, hyphens or other characters.
Use the keyword ContactFax-Int only if you wish to print the international fax number on the Federal schedule 32 as opposed to the fax number entered within the keyword ContactFax.
Use ContactTech-R&D to enter the name of the contact person for technical information. This information will appear on schedule 32 (T661).
Use ContactTech-Phone to enter the telephone number of the contact person for technical information.
Use ContactTech-Int to enter the international telephone number of the contact person for technical information. It can be up to 15 numeric characters and is entered with no spaces, hyphens or other characters.
Use the keyword ContactTech-Int only if you wish to print the international telephone number on the Federal schedule 32 as opposed to the telephone number entered within the keyword ContactTech-Phone.
Use ContactTech-Fax to enter the fax number of the contact person for technical information.
Use ContactTechFax-Int to enter the international fax number of the contact person for technical information. It can be up to 15 numeric characters and is entered with no spaces, hyphens or other characters.
Use the keyword ContactTechFax-Int only if you wish to print the international fax number on the Federal schedule 32 as opposed to the fax number entered within the keyword ContactTech-Fax.
Indicate the position or title of the authorized signee for the corporation.
The following options are applicable for the keyword SR&ED-Title.
Indicate the date on which the authorized signee will sign the SR&ED claim.
Use ITCCode.R&D to indicate that an ITC is to be claimed on any current year addition(s) to this pool, and DT Max will automatically calculate the ITC on schedule 31.
DT Max will calculate the allowable SR&ED expenditures deduction and investment tax credit on schedule 32 (T661) and schedule 31 respectively, based upon the information entered in all SR&ED-ITC groups for current and capital SR&ED expenditures.
Enter the amount of SR&ED expenses deducted on the financial statements in the NetIncome group, in the Net-Inc-Add keyword.
The following options are applicable for the keyword ITCCode.R&D.
3B - not CCPC (area in Canada after 1995) For qualified SR&ED expenditures incurred after 1994, Code 3B has been eliminated except if the expenditures were incurred by virtue of a written agreement entered into before Feb.22/94. These expenditures will still qualify for an ITC under Codes 4B or 11B (for CCPC's only) up to 1995. Effective after 1995, Code 3B includes any area in Canada.
11B - CCPC For SR&ED expenditures entered in Code 11B (for CCPC's only), DT Max will limit the amount of expenditures claimed on the corporation's expenditure limit and any excess will be allocated to Code 4B.
DT Max will allow you to enter separate classes (pools) for current and capital SR&ED expenditures. Those entries will be used for purposes of calculations on schedule 32 (T661) and schedule 31, and on the Quebec RD-222.
Enter the amount of depreciation and amortization claimed on the financial statements in the NetIncome group, in the Depreciation keyword.
The following options are applicable for the keyword SR&ED-ITC.
Use this keyword to enter the amount and type of each current SR&ED expenditure incurred. These expenditures are classified on schedule 32 (T661) and Quebec RD-222 forms.
The following options are applicable for the keyword Curr-Exp.
Wages of non specified employees [F300] [Q16] Wages of nonspecified employees which are directly attributable to SR&ED, including wages, salaries and related benefits.
Wages of specified employees [F305] [Q17] Specified employees' wages which are directly attributable to SR&ED, including wages, salaries and related benefits.
Wages of non specified employees (work outside CA) [F307] Wages of nonspecified employees for work performed outside Canada.
Wages of specified employees (work outside CA) [F309] Wages of specified employees for work performed outside Canada.
Amounts deemed incurred [F310] [Q20] Amounts deemed incurred under subs. 78(4) of the ITA, related to SR&ED employees, (section 482 of QTA).
Unpaid amounts deemed not incurred [F315] [Q21] Unpaid amounts deemed not incurred under subs. 78(4) of the ITA, related to SR&ED employees, (section 482 of QTA).
Materials consumed in SR&ED [F320] [Q25] All materials consumed in the prosecution of SR&ED.
Materials transformed in SR&ED [F325] [Q27] All materials transformed in the prosecution of SR&ED.
Lease costs before 2014 - 90% or more R&D use [Q35] Lease costs (used before 2014) of premises, facilities or equipment (other than rent for a building or office equipment for general purposes) which are used all, or substantially all (> 90% of use) for SR&ED. These are fully deductible as SR&ED expenditures.
Lease costs before 2014 - > 50% R&D use (proxy) [Q37] Only 50% of lease costs (used before 2014) of premises, facilities or equipment (other than rent for a building or office equipment for general purposes) which are used primarily (> 50% of use) for SR&ED cost are considered to be allowable SR&ED expenditures if the prescribed proxy election is made. Enter the full amount and DT Max will calculate the 50% portion.
Use [Alt-J] to enter different values for other jurisdictions.
Use this keyword to enter the amount and type of each capital SR&ED expenditure incurred. These expenditures are classified on schedule 32 (T661) and Quebec RD-222 forms.
The following options are applicable for the keyword Cap-Exp.
Prescr. special-purpose buildings before 2014 [Q48] Prescribed special-purpose buildings available for use before 2014 are qualified SR&ED expenditures under federal ITR 2903.
Dep. prop. excl. build./off. equip. before 2014 [Q48] Depreciable property other than buildings and general-purpose office equipment available for use before 2014 are qualified SR&ED capital expenditures.
Depr. prop. excl. buildings before 2014 (trad.) [Q47] Depreciable property other than buildings available for use before 2014 are qualified SR&ED capital expenditures when the prescribed proxy method is not elected.
Use this keyword to enter adjustments to the qualified SR&ED expenditures for purposes of determining the ITC on schedule 32 (T661).
The following options are applicable for the keyword SR&ED-Adj.
Unpaid current expenditures per ITA 127 (26) [F500] Unpaid current expenditures from previous years that are paid in the year under subsection 127(26) of the ITA. Do not include any amounts under subsection 78(4) of the ITA.
Unpaid current expenditures - deemed non incurred [F520] Current expenditures that are not paid within 180 days after the end of the taxation year in which they are incurred, are deemed not to be incurred in that year, but at the time they are paid. (ITA subsection 127(26).) Do not include any amounts under ITA subsection 78(4).
Reduction of expenditures - non arm's length [F542] Reduction of qualified expenditures for purchases of goods and services from non arm's length suppliers, excluding shared-use equipment under subsections 127(11.6) to (11.8) of the ITA.
80% of current expenditures - non-taxable supplier [F528] Enter 80% of all amounts incurred after December 31, 2012 in respect of SR&ED contracts paid or payable to, or for the benefit of a person resident in Canada or a Canadian partnership, that is not a taxable supplier in respect of the expenditures. These are deductible from qualified SR&ED expenditures.
Recapture of ITC [F453] [Q65] This amount represents any ITC recaptured in the previous taxation year that will increase the taxpayer's SR&ED pool for the current taxation year.
Use Assist-Cur to enter SR&ED government assistance for current expenditures. Enter amounts received as a positive and amounts repaid as a negative. These amounts will be deducted from or added to the current SR&ED qualified expenditures by DT Max for investment tax credit purposes.
The following options are applicable for the keyword Assist-Cur.
Provincial government assistance
Other government assistance
Non-government assistance
< Select >
Use [Alt-J] to enter different values for other jurisdictions.
Use Assist-Cap to enter the amount and type of SR&ED government assistance for capital expenditures. Enter amounts received as a positive and amounts repaid as a negative. These amounts will be deducted from or added to the SR&ED qualified expenditures by DT Max, for investment tax credit purposes.
The following options are applicable for the keyword Assist-Cap.
Provincial government assistance
Other government assistance
Non-government assistance
< Select >
Use Assist-Con to enter the amount of contract payments that qualify as assistance.
Use Taxcrd-Ass to enter the amount of provincial SR&ED tax credits (eg. Quebec SR&ED,OITC), or non governmental assistance received for this expenditure. The amount entered will be deducted from the qualified expenditures. Use [Alt-J] to enter different values for other jurisdictions.
Use Assist-ITC.r to enter SR&ED assistance for current and capital expenditures for ITC purposes. Enter amounts received as a positive and amounts repaid as a negative. These amounts will be deducted from or added to the current and capital SR&ED expenditures by DT Max for investment tax credit purposes.
The following options are applicable for the keyword Assist-ITC.r.
Provincial government assistance
Other government assistance
Non-government assistance
< Select >
Use the keyword Exclud-Exp to enter the amount and type of SR&ED expenditures entered in the other SR&ED expenditure keywords, which are excluded qualified expenditures. Amounts entered here will be deducted from qualified SR&ED expenditures on schedule 32 (T661) and RD-222 forms.
The following options are applicable for the keyword Exclud-Exp.
Prescribed expenditures per Reg. 2902 [F530] For corporations which were not sole-purpose SR&ED performers, federal ITR 2902 previously disallowed prescribed expenditures (basically overhead). For taxation years commencing after February 22, 1994, this exception does not apply; sole-purpose SR&ED performers are no longer separately recognized.
Related to exempt income earned [F533] These are SR&ED expenditures relating to current year income which is exempt from part I tax; these expenditures are deductible from taxable income under ITA section 110.1 (gifts), and under expenditures specified in clause 194(2)(a)(ii)(A).
Specified for part VIII tax refund [F440] SR&ED expenditures which are specified for a part VIII tax refund are not deductible from net income as qualified expenditures. See ITA par. 37(1)(g). Amounts entered here will be included on line 247 of Schedule 32 (T661).
Covered by QTA 225 (c.1) [Q82] Amounts covered by paragraph c.1 section 225 of the ITA.
Benefits/advantages per QTA 225 (b.1) [Q76] Benefits or advantages which are obtained by a person where they may have been reasonably considered to have benefitted a party of the SR&ED project, are not deductible for Quebec purposes as SR&ED expenditures (see QTA 225(b.1)) on the RD-222 form.
ITC claimed per ITA 127(5) [Q70] Investment tax credits claimed under subsection 127(5) of the ITA for previous years and attributable to current SR&ED expenditures made before May 1, 1987.
Trust/partnership per ITA 127 (12.1) [Q73] Amounts claimed by a trust or a partnership under subsection 127(12.1) of the ITA, and attributable to current SR&ED expenditures made before May 1, 1987.
SR&ED tax credit granted by RQ for the year [Q71] Tax credits for SR&ED granted by Revenu Québec for the year.
For current SR&ED expenditures, the previous year's ITC is deducted from the undeducted SR&ED expenditure pool. Prior year's ITC for capital SR&ED expenditures should be entered in the appropriate CCA-Class.
Use ITC-CB.R&D to enter the total amount of the investment tax credit (ITC) earned this year to be carried back. DT Max will allocate the ITC carried back to the classes in which ITC eligible additions were made.
The following options are applicable for the keyword ITC-CB.R&D.
1st prior year
2nd prior year
3rd prior year
Enter the description of the assets entered in this SR&ED-ITC group.
Use the keyword BC-R&D to enter the deductions to current expenditures for SR&ED in order to calculate the B.C. qualified expenditures for purposes of federal form T666 (schedule 425).
The following options are applicable for the keyword BC-R&D.
Total expenditures
Qualified expenditures transferred by corp.
Government & non-government assistance (addition)
Qualified expenditures transferred to corp.
Government assistance (deduction) Government assistance as defined in section 97 of the British Columbia Income Tax Act.
R&D expenditures outside B.C Expenditures incurred in the taxation year for SR&ED carried on outside British Columbia.
Exp. while no perm. estab. in B.C. Expenditures incurred at a time when the corporation had no permanent establishment in British Columbia.
Current exp. for R&D contract paid Current expenditures for SR&ED contract paid or payable to, or for the benefit of a person or partnership that is not a taxable supplier in respect of the expenditure.
Exp. for third-party payments Expenditures for third-party payments made to entities outside British Columbia.
PPA for R&D outside B.C. Prescribed proxy amount on directly engaged salary and wages where the SR&ED was carried on outside British Columbia.
PPA while no perm. estab. in B.C. Prescribed proxy amount on directly engaged salary and wages at a time when the corporation had no permanent establishment in British Columbia.
These are SR&ED/ITC expenditures eligible for provincial tax credit for SR&ED.
The following options are applicable for the keyword ProvITCExp.r.
SR&ED ITC - British Columbia
SR&ED ITC - MB (expenditures under R&D contract)
SR&ED ITC - MB (expenditures not under R&D contract)
SR&ED ITC - MB (repayments for exp. before April 12, 2017)
SR&ED ITC - MB (repayments for exp. after April 11, 2017)
SR&ED ITC - Saskatchewan (before April 1, 2017)
SR&ED ITC - Saskatchewan (after March 31, 2017)
SR&ED ITC - Nova Scotia The Nova Scotia research and development tax credit can be claimed on expenditures incurred after Jan.1/84. DT Max will calculate the credit on Schedule 340 (T85).
For corporations whose jurisdiction is Nova Scotia, DT Max will default the amount of eligible expenditures to the total of amounts entered in the SR&ED group upon which a federal ITC is claimed. To override the amount of credit claimed, enter the override amount in the ProvITC-OV.r keyword.
Enter any unused credits from taxation years ending before 1994 in the ProvITC-CF group. For taxation years ending after 1993, Nova Scotia SR&ED credits are fully refundable so current year credits cannot be carried forward.
SR&ED ITC - Newfoundland & Labrador The Newfoundland & Labrador research and development tax credit can be claimed on expenditures incurred after Jan.1/95. DT Max will calculate the credit on Schedule 301 (T1129).
SR&ED ITC - N.B. The New Brunswick refundable research and development tax credit (Schedule 360) can be claimed on expenditures incurred after December 31, 2002. Enter the amount of eligible expenditures in the ProvITCExp keyword, in the relevant CCA-Class group. To override the amount of credit claimed, enter the override amount in the ProvITC-OV.r keyword related to this credit.
SR&ED ITC - Yukon
Yukon university expenditures
SR&ED ITC repayment - Yukon
Yukon university expenditures repayment
Use the keyword Prov-Alloc to enter tax credits on SR&ED expenditures which have been allocated to the corporation.
The amount entered will appear on the provincial tax credit form for purposes of the calculation of the current year tax credit earned.
Use the keyword ProvITCExp.r to indicate which provincial tax credit form the tax credit allocation will apply to.
The following options are applicable for the keyword Prov-Alloc.
Credit allocated from partnership Choose this option to enter the amount of the current year tax credit earned on expenditures incurred by a partnership to which the corporation belongs.
Credit allocated from trust Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a trust of which the corporation is a beneficiary.
Credit deemed as remittance of co-op
Refundable credit from partnership - sch. 380
Refundable credit from trust - sch. 380
Credit from partnership before April 1, 2017 - sch. 403 Choose this option to enter non-refundable SR&ED credits allocated from a partnership. Credits for expenses incurred before April 1, 2017 are non-refundable. This information is used for purposes of federal Schedule 403.
Credit from trust before April 1, 2017 - sch. 403 Choose this option to enter non-refundable SR&ED credits allocated from a trust. Credits for expenses incurred before April 1, 2017 are non-refundable. This information is used for purposes of federal Schedule 403.
Credit from partnership after March 31, 2017 - sch. 403 Choose this option to enter non-refundable SR&ED credits allocated from a partnership. Credits for expenses incurred after March 31, 2017 are non-refundable. This information is used for purposes of federal Schedule 403.
Credit from trust after March 31, 2017 - sch. 403 Choose this option to enter non-refundable SR&ED credits allocated from a trust. Credits for expenses incurred after March 31, 2017 are non-refundable. This information is used for purposes of federal Schedule 403.
Recaptured BC R&D credit allocated from partnership Choose this option to enter the amount of recaptured BC SR&ED tax credit allocated to the corporation from a partnership of which the corporation is a member. This information is used for purposes of federal Schedule 425.
Use the keyword Juris-R&D to indicate the jurisdiction(s) where federal qualified expenditures (line 559 of federal T661) were incurred.
The following options are applicable for the keyword Juris-R&D.
Total expenditures
AB portion of fed. repayment of assistance
AB portion of federal qualified SR&ED exp.
BC portion of federal qualified SR&ED exp.
MB portion of federal qualified SR&ED exp.
NB portion of federal qualified SR&ED exp.
NL portion of federal qualified SR&ED exp.
NT portion of federal qualified SR&ED exp.
NS portion of federal qualified SR&ED exp.
NU portion of federal qualified SR&ED exp.
ON portion of federal qualified SR&ED exp.
PE portion of federal qualified SR&ED exp.
QC portion of federal qualified SR&ED exp.
SK portion of federal qualified SR&ED exp.
YT portion of federal qualified SR&ED exp.
Other jurisdiction portion of fed. qual. SR&ED exp.
Use the keyword Contractors to open the group to allow entry of data required on schedule 32 (T661), and to indicate the type of relationship between the contractor and the corporation, (dealing at arm's length or at non arm's length) at the time when the SR&ED activities were performed.
The following options are applicable for the keyword Contractors.
Use the keyword Name.c to enter the name of the contractor that performed the SR&ED activities.
Use the keyword Street.c to enter the street of the contractor who performed the SR&ED activities.
Use the keyword Suite.c to enter the suite number of the contractor who performed the SR&ED activities.
Use the keyword City.c to enter the name of the city of the contractor who performed the SR&ED activities.
Use the keyword Province.c to enter the province of the contractor who performed the SR&ED activities.
The following options are applicable for the keyword Province.c.
Use the keyword PostCode.c to enter the postal code of the contractor who performed the SR&ED activites.
Use the keyword NEQ.c to enter the Quebec business number of the contractor who performed the SR&ED activites.
Use the keyword SIN.c to enter the social insurance number of the contractor who performed the SR&ED work.
This information will appear on Quebec form RD-222.
Use the keyword Ident-Num.c to enter the identification number of the contractor who performed the SR&ED work.
This information will appear on Quebec form RD-222.
For each contractor, enter the amount of contract expenditures incurred in the year (over $30 000 per contractor) with the keyword Contract.exp. If there is more than one SR&ED contract with the same contractor, enter the total of all contract expenditures incurred for the contractor.
For contract expenditures made after 2013, no amounts for purchasing or leasing capital property can be included.
The following options are applicable for the keyword Contract.exp.
Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword OtherCon.exp to enter the amount of contract expenditures for other contractors.
The keyword Contr-Type is to be used to indicate the type of contractors and sub-contractors for purposes of the Quebec RD-222 form.
The following options are applicable for the keyword Contr-Type.
Use the keyword Other-Exp to enter overhead or other expenditures if you are not electing to use the proxy method.
The following options are applicable for the keyword Other-Exp.
Use [Alt-J] to enter different values for other jurisdictions.
Information on third parties to which SR&ED-related payments are made must be disclosed in schedule A of schedule 32 (T661) or schedule 30 (multiple third parties) and part 7 of form RD-222.
The keyword ThirdParty opens the group that will allow entry of third-party information.
The following options are applicable for the keyword ThirdParty.
Approved association [F711] [Q99]
Univ., college, other research inst. [F714] [Q99]
Canadian non profit SR&ED corp. [F712] [Q99]
Other Canadian resident corp. [F718] [Q99]
Granting councils [F716] [Q99]
The keyword Name.t should be used to enter the name of the third- party to which payments were made.
The keyword Street.t should be used to enter the street of the third-party to which payments were made.
Use the keyword Suite.t to enter the suite number of the third-party to which payments were made.
Use the keyword City.t to enter the city name of third-party to which payments were made.
Use the keyword Province.t to enter the city name of third-party to which payments were made.
The following options are applicable for the keyword Province.t.
Use the keyword State.t to select the state of the third party to whom payments were made.
Use the keyword Country.t to select the country of the third party to whom payments were made.
Use the keyword PostCode.t to enter the postal code of third-party to which payments were made.
Use the keyword ZIPCode.t to enter the US zip code of the third party to whom payments were made.
Use the keyword ForeignCode to enter the foreign postal code of the third party to whom payments were made.
Use the keyword Ident-Number.t to enter the identification number of the third party to whom payments were made.
Use the keyword Payment.t to enter the amount of payment to a third payment for SR&ED purposes.
For third-party payments made after 2013, no amounts for purchasing or leasing capital property can be included.
The following options are applicable for the keyword Payment.t.
Use the keyword ArmsLength.r to indicate that the third-party payments are made to an arm's length recipient for purposes of schedule A of schedule 32 (T661).
The following options are applicable for the keyword ArmsLength.r.
Use the keyword Code.t to enter the name or code of the project for purposes of federal schedule 32.
Use the keyword Category to indicate what type of payment was made to third-parties for purposes of schedule A of schedule 32 (T661).
The following options are applicable for the keyword Category.
The keyword Paymt-For.ex allows the corporation to briefly explain what the third-party payment is for, as required on schedule A of schedule 32 (T661).
The keyword Business.ex allows the corporation to briefly explain how the third-party SR&ED is related to a business that the corporation carries on, as required on schedule A of schedule 32 (T661).
The keyword Exploit.ex allows the corporation to briefly explain how the corporation is entitled to exploit the results of the third-party SR&ED, as required on schedule A of schedule 32 (T661).
Use the keyword ITC-Cr-Alloc to enter tax credits on SR&ED expenditures or M&P equipment which have been allocated to the corporation.
The following options are applicable for the keyword ITC-Cr-Alloc.
Credit allocated from partnership Choose this option to enter the amount of the current year tax credit earned on expenditures incurred by a partnership to which the corporation belongs.
Credit allocated from trust Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a trust of which the corporation is a beneficiary.
Credit deemed as remittance of co-op
Recaptured BC R&D credit allocated from partnership Choose this option to enter the amount of recaptured BC SR&ED tax credit allocated to the corporation from a partnership of which the corporation is a member. This information is used for purposes of federal Schedule 425.
Use [Alt-J] to enter different values for other jurisdictions.
Use PartVII-Tr if the corporation owes part VII tax. This tax arose from common shares issued between July 1, 1982 and December 31, 1986 which allowed investors to claim a tax credit on the shares' cost.
Use SR&EDDedOV to override the SR&ED deduction claimed if the maximum claim is not desired. Next year, DT Max will carry forward the unclaimed amount in the SR&EDPoolCF keyword. This keyword will override line 460 on schedule 32 (T661), and line 95 on the RD-222 form. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Spec-Empl to enter the name of the specified employee that will be identified in part 5 of schedule 32 (T661).
The keyword Wages.s should be used to enter the total salaries or wages for the year (both SR&ED and other) for each specified employee. Do not include taxable benefits under sections 6 and 7 of the federal ITA, bonuses, remuneration based on profits, or an amount deemed incurred in the year under par. 78(4) of the federal ITA.
Use the keyword R&DTime-% to enter the percentage of time a specified employee spends on SR&ED in Canada. The maximum time an employee can spend on SR&ED activities is limited to 75%.
Use the keyword DaysEmploy to indicate the number of days in the taxation year that the corporation employs the specified employee.
Use the keyword Remun-Adj to enter the amount of remuneration based on profits, bonuses, and taxable benefits under sections 6 and 7 of the federal ITA, and amounts deemed incurred in the year under subsection 78(4) of the ITA.
Note that this keyword is only relevant when using the proxy method.
The overall cap on PPA the corporation may claim on schedule 32 is limited to the expenses of the business minus certain specific deductions such as rent for a building, CCA and interest expense.
Use the keyword PPA-Limit to limit the prescribed proxy amount (PPA), if need be.
Note that this keyword is only available when the proxy method is used.
Use the keyword Fund-Sources to identify the sources of funds for SR&ED activities performed by the corporation. This information is required in part 7 of schedule 32 (T661).
The following options are applicable for the keyword Fund-Sources.
Internal [F600]
Can. parent, subsidiary, affiliate [F602]
Foreign parent, subsidiary, affiliate [F604]
Federal grants (non SR&ED tax funds) [F606]
Federal contracts [F608]
Provincial funding [F610]
Canadian SR&ED contract work [F612]
Foreign SR&ED contract work [F614]
Other Canadian funding [F616]
Other foreign funding [F618]
Use the keyword R&D-Activity to identify the type of SR&ED activities.
The following options are applicable for the keyword R&D-Activity.
Use the keyword #EMPLOYEES.R to identify the number and category of SR&ED employees, as requested in part 7 of schedule 32 (T661).
The following options are applicable for the keyword #Employees.r.
Scientists & engineers [F632]
Technologists & technicians [F634]
Managers & administrators [F636]
Other technical supporting staff [F638]
Use the keyword Partnership-Claim to indicate whether or not the current SR&ED claim is being filed for a partnership.
The following options are applicable for the keyword Partnership-Claim.
Use the keyword T5013-Filed to indicate whether or not Form T5013 was filed, if the current SR&ED claim is being filed for a partnership.
The following options are applicable for the keyword T5013-Filed.
Enter the name of the project with the keyword SR&EDProject. This keyword opens the group which allows for entry of reiquired information for purposes of part 2 of schedule 32 (T661).
Use the keyword Code.p to enter the project code used by the corporation for the SR&ED project.
Enter the start date of the SR&ED project with the keyword Start.p.
Enter the finish date of the SR&ED project with the keyword End.p
Use the keyword Field-Code to enter the field of science or technology code. This is a 7-character alphanumeric.
Indicate whether or not you made an SR&ED claim for this project in any previous year. If it is an on-going project from a predecessor company and it is the first claim for you, select line 210 (First claim for the project).
The following options are applicable for the keyword ProjectHistory.
Indicate whether any of the work of the SR&ED project was done jointly or in collaboration with other businesses. Do not include contractors that you hired to perform some or all of the work. Information regarding contractors will be requested on lines 267 to 269. Do not include other parties that contracted you to perform SR&ED. This information will be requested on line 266.
The following options are applicable for the keyword Joint-Work.
If any of the work was done jointly or in collaboration with other businesses, use the keyword Name-Bus to enter the name of the other business.
Use the keyword Bus-Num to enter the business number of the corporation.
Describe the scientific or technological uncertainies you attempted to overcome, uncertainties that could not removed using standard practice.
Describe the work performed in the tax year to overcome the scientific or technological uncertainties described above. Summarize the systematic investigation or search.
Describe the scientific or technologicial advancements achieved as a result of the work described above.
Use the keyword Preparer.s to indicate the preparer of the responses for Section B.
The following options are applicable for the keyword Preparer.s.
Employee directly involved in project [F253]
Other employee of the company [F255]
External consultant [F257]
Use the keyword Preparer-Name to enter the name of the individual who prepared responses for experimenatl development or basic or applied research.
Use the keyword FirmName to enter the name of the firm or company.
Use the keyword Bus-Num to enter the business number of the corporation.
Use the keyword Qualification to enter the qualifications/experience and position title of key employee directly involved in the SR&ED project.
Provide the names of three key employees directly involved in the project. A directly involved employee is an employee of the company that performed or directly supervised the SR&ED work described on line 244. If you completed lines 253 and 254, do not repeat those names at line 260.
Use the keyword Qualification to enter the qualifications/experience and position title of key employee directly involved in the SR&ED project.
Use the keyword Other-Proj-Info to enter additional project information pertaining to SR&ED expenditure claims.
The following options are applicable for the keyword Other-Proj-Info.
SR&ED performed outside Canada [F265]
SR&ED carried out on behalf of another party [F266]
SR&ED performed by others [F267]
Use the keyword Name.sr to enter the name of individual or company who performed SR&ED, if other than one of your employees.
Use the keyword Bus-Num to enter the business number of the corporation.
Indicate what evidence you have to support your SR&ED claim. Check all items on the list that apply. If you have items or documents to support your claim that are not listed, check box 281. Do not submit these documents or items with your claim.
The following options are applicable for the keyword Evidence.
Project planning documents [F270]
Records of resources alloc./time sheets [F271]
Design of experiments [F272]
Project records, lab. notebooks [F273]
Design, system architecture, source code [F274]
Records of trial runs [F275]
Progress reports, meeting minutes [F276]
Test protocols, test data, analysis of test results [F277]
Photographs and videos [F278]
Samples, prototypes, scrap or other artefacts [F279]
Contracts [F280]
Other (specify) [F281]
Use the keyword Labour.p to enter the total labour cost of the SR&ED project.
Use the keyword Material.p to enter the total cost of materials consumed during the SR&ED project.
Use the keyword Contract.p to enter the total contract expenditures of the SR&ED project in the current tax year.
Use the keyword Overhead.p to enter overhead and other expenditures, if using the traditional method in Part 3 of Schedule 32 (T661).
Use the keyword AB-R&DProject to enter information relating to SR&ED projects claimed in Alberta.
The following options are applicable for the keyword AB-R&DProject.
Total expenditures
AB port. fed. qual. SR&ED exp. bef. IEG (after 31/12/2020) Portion of federal T661 line 559 incurred in Alberta for each project before Alberta SR & ED tax credit for the year.
AB port. fed. qual. SR&ED exp. (before 01/01/2021)
Portion of fed. qual. SR&ED outside AB (after 31/12/2020) Portion of federal T661 line 559 incurred outside of Alberta for each project.
Portion of fed. qual. SR&ED outside AB (before 01/01/2021)
AB portion of SR&ED salaries/wages (after 31/12/2020) Total salaries and wages incurred in SR & ED in Alberta for each project.
AB portion of SR&ED salaries/wages (before 01/01/2021)
Fed. prescribed proxy amount Total prescribed proxy amount included in Alberta portion of federal line 559.
AB proxy amount Alberta proxy amount for each project.
(after Dec.31,2020)
(before Jan.1,2021)
Use SR&EDInfo to enter amounts for federal or provincial credits.
The following options are applicable for the keyword SR&EDInfo.
RD-1029.8.9.03 - fees and dues paid to a consortium Information entered in this group relating to fees or dues paid to an eligible research consortium will appear on the RD-1029.8.9.03 form.
OITC - Ontario Enter current year information on expenditures eligible for the Ontario innovation tax credit here.
Business-research institute - Ontario This credit is for research carried out by an eligible research institute. Claim this credit if the corporation entered into an eligible contract with an eligible research institute (ERI).
SR&ED tax credit - Ontario Information entered in this group relating to eligible R&D expenditures incurred by the corporation will appear on federal Schedule 508.
SR&ED tax credit - British Columbia
SR&ED tax credit - Manitoba
M&P tax credit - Manitoba
SR&ED tax credit before April 1, 2017 - Saskatchewan
SR&ED tax credit after March 31, 2017 - Saskatchewan
SR&ED tax credit - Nova Scotia
Corporate investment tax credit - P.E.I.
Odour-control tax credit - Manitoba
Use the keyword Name-Consort to enter the name of the research consortium that carried out SR&ED work.
This information will appear on Quebec form RD-1029.8.9.03.
Enter the name of the partnership using the keyword PartnerName.s, for purposes of the Schedule 569. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership.
Use the keyword ERI-Code to choose the eligible research institute appearing on the eligible contract.
Use the keyword Date-Contract to enter the date of the eligible contract.
Use the keyword Advanced-Ruling to indicate whether or not the contract was subject to an advanced ruling since the date of contract was before August 10, 2007.
The following options are applicable for the keyword Advanced-Ruling.
Use the keyword Ruling-Number to enter the reference number indicated on the ruling letter issued by the Minister of Revenue.
Use Approved-Exp to enter the total value of approved eligible expenditures for each OBRITC contract.
Use the keyword NumberDays to enter the number of days in the taxation year that the corporation was not connected to the eligible research institute (ERI).
Use the keyword ContactName.s to enter the name of the person to contact for more information for purposes of federal Schedule 569.
Use the keyword ContactPhone.s to enter the telephone number of the contact person for purposes of federal schedule 569.
Use the keyword Inter-PhoneNum.s only if you wish to print the international telephone number of the contact person for purposes of federal schedule 569 as opposed to the telephone number entered within the keyword ContactPhone.s.
It can be up to 15 numeric characters and is entered with no spaces, hyphens or other characters.
Use the keyword Fees-CF to enter the amount of excess fees or dues paid that have been carried forward from the previous taxation year.
This information will appear on Quebec form RD-1029.8.9.03.
Use OntR&DExp if the corporation is claiming the Ontario SR&ED tax credit.
The following options are applicable for the keyword OntR&DExp.
Elig. Ont. SR&ED expend. - current year Enter current year qualifying Ontario SR&ED expenditures here.
Elig. exp. transferred by other corp.
Elig. exp. corp. transferred to other corp.
Use OntITC-Exp if the corporation is claiming the Ontario innovation tax credit and operates in more than one jurisdiction, including Ontario. In this case, enter the amount of SR&ED expenditures related to SR&ED carried out in Ontario in OntITC-Exp. These are expenditures which qualify for the 35% refundable federal SR&ED investment tax credit (ITC). If the corporation's sole jurisdiction is Ontario, no entry is required here. The same amount of expenditures which qualify for the 35% SR&ED ITC will be used by DT Max for the corporation's OITC claim.
The following options are applicable for the keyword OntITC-Exp.
Use Assistance.si to enter the amount of eligible repayments of government or non-government assistance for purposes of federal Schedules 508 and 566.
The following options are applicable for the keyword Assistance.si.
Gov/non-gov. assistance received
Repayment for year end before June 1, 2016 - current exp.
Repayment y/e aft. 31/05/2016 & incl. 31/05/2016 - current
Repayment for year start after May 31, 2016 - current exp.
Repayment of assistance - capital exp.
Repayment for year end before June 1, 2016 (line 210)
Repayment y/e aft. 31/05/2016 & incl. 31/05/2016 (line 211)
Repayment for year start after May 31, 2016 (line 212)
Repayment of assistance - shared-use equipment
Use Year-Begin.si to enter the tax year start used to determine the tax credit at the time the qualified expenditures were reduced because of the government or non-government assistance, or contract payments.
Use Year-End.si to enter the tax year-end used to determine the tax credit at the time the qualified expenditures were reduced because of the government or non-government assistance, or contract payments.
Use the keyword ProvCr-Alloc.s to enter the Ontario research and development tax credit which has been allocated to the corporation.
The following options are applicable for the keyword ProvCr-Alloc.s.
Use Renounce-All to indicate that the total amount of the credit related to this group is to be renounced by the corporation in favour of its investors.
If only part of the credit is to be renounced, enter the amount to be renounced and credit type in the RenounceCrOV keyword in this group.
The following options are applicable for the keyword Renounce-All.
If only part of a SR&ED credit is to be renounced, enter the amount renounced and credit type in RenounceCrOV.
If only part of a credit is to be renounced, enter the amount renounced and credit type in RenounceCROV.s.
The following options are applicable for the keyword RenounceCROV.s.
Credit renounced earned before July 1, 2019
Credit renounced earned after June 30, 2019
Use CreditOV-Rd to override the amount of the Quebec refundable SR&ED credit related to this SR&EDInfo group.
This keyword can be used to enter SR&ED pool carryforwards for purposes of the Quebec RD-222 and federal schedule 32 (T661). Use [Alt-J] to enter different values for other jurisdictions.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 232 - SR&ED
Use SR&EDTaxCrQ to claim any of the Quebec refundable SR&ED tax credits.
The following options are applicable for the keyword SR&EDTaxCrQ.
Select
RD-1029.7 - salaries and wages Information entered in this group relating to qualified R&D expenditures that the taxpayer incurred under a research contract.
RD-1029.8.6 (University research contract) Information entered in this group relating to university research contracts will appear on the RD-1029.8.6 form.
RD-1029.8.6 (Eligible research contract) Information entered in this group relating to eligible research contracts will appear on the RD-1029.8.6 form.
RD-1029.8.6 (Research by consortium) This credit is for research carried out by a research consortium. Claim this credit if this corporation entered into a contract with a research consortium.
RD-1029.8.16.1 - private partner. pre-competitive research Information entered in this group relating to R&D expenditures incurred under an agreement (or renewal or extension of an agreement) for private partnership pre-competitive research will appear on the RD-1029.8.16.1 form.
RD-1029.8.9.03 - fees and dues paid to a consortium Information entered in this group relating to fees or dues paid to an eligible research consortium will appear on the RD-1029.8.9.03 form.
Use the keyword Related-Corp to indicate that the corporation was related to an eligible university entity, public research centre, or research consortium, at the time the SR&ED contract was entered into.
This information will appear on Quebec form RD-1029.8.6.
The following options are applicable for the keyword Related-Corp.
Enter all parties (partnerships, consortiums and others) involved in SR&ED projects with this corporation in the RelatedParty groups of the relevant type.
Ensure all the names of all parties referred to here are typed in the same way as in the Name.re keyword in the RelatedParty group.
Use the keyword Partner-Info.q to indicate whether the partnership is an eligible partnership whereby the corporation is a member, an intermediary partnership whereby the corporation is a member, or an eligible partnership whereby the corporation is a member by an intermediary partnership.
The following options are applicable for the keyword Partner-Info.q.
Eligible partnership (corp is a member)
Intermediary partnership (corp is a member)
Elig. partnership (corp member by intermediary partnership)
Enter the name of the eligible partnership using the keyword Partner-Name, for purposes of the RD-1029.7 form. The same name must also be entered in the RelatedParty group in order to allow entry of other data pertaining to the eligible partnership.
If the corporation is a member of a partnership and has received a RL-15 slip for the year, enter on line 210 of form RD-1029.7 the amount that is displayed in box 71-1 or 71-2 of that slip.
These are recognized linkage agencies for purposes of the Quebec credit for SR&ED carried out under a university research or eligible research contract. The linkage agency entered here will be indicated as such on the RD-1029.8.6 schedule.
These are recognized linkage agencies for purposes of the Quebec credit for SR&ED carried out under a university research or eligible research contract. The linkage agency entered here will be indicated as such on the RD-1029.8.6 schedule.
Use the keyword RD-Work to indicate if the expenditures incurred by a taxpayer or partnership for a taxation year or fiscal period, as applicable, relates to R&D work carried out before March 11, 2020.
This is due to the elimination of the exclusion threshold for qualified expenditures relating to a university research contract, an eligible research contract entered into with an eligible public research centre, a pre-competitive research project carried out in private partnership, or fees or dues paid to an eligible research consortium.
The following options are applicable for the keyword RD-Work.
The DateContract entered will print on the RD-1029.8.6 or RD-1029.8.16.1 form related to this credit.
The DateApproved entered will print on the RD-1029.8.6 or RD-1029.8.16.1 form related to this credit. This is the date when a favorable advance ruling was reached by the Quebec Minister of Revenue.
Enter the total qualified SR&ED expenditures here.
For a credit related to a partnership, enter the total amount incurred by the partnership; DT Max will multiply this amount by the percentage entered in the Member-Int% keyword entered in the RelatedParty group of the partnership.
For the credit for fees or dues paid to a research consortium, enter the amount incurred by the consortium for SR&ED related to a business of this corporation.
Use FeesOrDues to enter all fees or dues paid by this corporation and research consortium members. This is required information on the RD-1029.8.9.03 form to calculate the credit for fees or dues.
The following options are applicable for the keyword FeesOrDues.
Total paid by all members (line 116f) This is the total fees or dues paid by all the research consortium members. Total fees or dues is the basis upon which the credit is calculated. The amount entered will print on line 116f of the RD-1029.8.9.03 form.
Current year amount used for non R&D expenses (line 116g) This is the total amount for expenditures incurred by the consortium in the relevant fiscal period, that are related to fees or dues paid in that fiscal period and that are not related to R&D activities or have not been incurred in Quebec. This amount is subtracted from total fees or dues paid on line 116g of the RD-1029.8.9.03 form.
Current year amount used for R&D expenses (line 116h) This is the total amount for expenditures incurred by the consortium in the current fiscal period, that are related to fees or dues paid in that fiscal period, that are considered SR&ED expenditures related to a business of the taxpayer and have been incurred in Quebec. This amount is subtracted from total fees or dues paid on line 116h of the RD-1029.8.9.03 form.
Paid by corporation to consortium (line 133) This is the amount of fees or dues paid by this corporation to the consortium. To calculate the credit, the proportion of the fees or dues paid by this corporation over the total paid by all members is applied to the lesser of the consortium's SR&ED expenditures and the portion of total fees or dues used for SR&ED expenses. The amount entered will print on line 133 of the RD-1029.8.9.03 form.
Previous year amount used for non R&D expenses (line 116b) This is the total amount for expenditures incurred by the consortium in the relevant fiscal period, that are related to fees or dues paid in a previous fiscal period and that are not related to R&D activities or have not been incurred in Quebec. The amount entered will print on line 116b of the RD-1029.8.9.03 form.
Prev yr amt used for R&D exp. by tax year (lines 116c/120) This is the total amount for expenditures incurred by the consortium in the relevant fiscal period, that are related to fees or dues paid in a previous fiscal period, that are considered SR&ED expenditures related to a business of the taxpayer and have been incurred in Quebec. The total of all amounts entered will print on line 116c and a breakdown of each amount will print on line 120 of the RD-1029.8.9.03 form.
Use PrevTaxYear to enter each of the taxpayer's previous years in which fees or dues were paid that are reduced by the qualifying expenditures entered on line 116c.
Use PrevYr-Cons% to enter the taxpayer's percentage interest in the consortium calculated in the form RD-1029.8.9.03 completed for every taxation year entered in column A of form RD-1029.8.9.03.
Use the keyword ProxyAmount to enter the amount determined under the proxy method.
This information will appear on Quebec form RD-1029.8.16.1
DT Max will deduct assistance received to the qualified expenditures on the form related to this credit.
Use the keyword Contract-Paymt to enter the contract payment that the corporation, within the context of a contract, must receive from the government of Canada, from a province, a municipality or any other administration in Canada.
Use the keyword Benefit-R&D to enter any benefit or advantage received in the form of a reimbursement or compensation when the R&D was carried out by the corporation itself.
This information will appear on Quebec forms RD-1029.8.6 and RD-1029.8.16.1.
Use the keyword Proj-Contrib to enter the amount of the contribution with respect to a SR&ED project undertaken with a person not related to the corporation.
Use the keyword Corp-Assistance to enter the amount of the assistance received by the corporation.
A corporation will be required, for its taxation year, to subtract the reducible expenditure amount from its expenditures for the purposes of the R&D tax credit.
For a corporation's tax year that begins after December 2, 2015, use the keyword Excl-Exp-Alloc to allocate the reducible expenditure amount.
For RD-1029.7, if Excl-Exp-Alloc is not entered and SR&ED-Person is not used, DT Max will automatically allocate the entire amount of reducible expenditures (line 167) on line 152a of the RD-1029.7 form.
For RD-1029.8.16.1, if Excl-Exp-Alloc is not entered and SR&ED-Person is not used, DT Max will automatically allocate the entire amount of reducible expenditures (line 190) on line 153 of the RD-1029.8.16.1 form.
For RD-1029.8.6 and RD-1029.8.9.03, if Excl-Exp-Alloc is not entered DT Max will automatically allocate the entire amount of reducible expenditures.
Use the keyword SR&ED-Person to enter the name of the person that entered into a SR&ED contract with the corporation or the eligible partnership of which the corporation is a member.
Use the keyword Street.pt to enter the street of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
Use the keyword City.pt to enter the city of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
Use the keyword Province.pt to enter the province of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
The following options are applicable for the keyword Province.pt.
Use the keyword PostCode.pt to enter the postal code of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
Use the keyword QST.pt to enter the QST registration number of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
Use the keyword SIN.pt to enter the social insurance number (if applicable) of the person that entered into a SR&ED contract with the corporation, or with an eligible partnership of which the corporation is a member.
Use the keyword Cons-Tot.pt to enter the total amount of the consideration provided for in the contract in respect of the SR&ED activities performed by the person for the corporation, or for the eligible partnership of which the corporation is a member.
Use the keyword Cons-Por.pt to indicate whether or not the person involved in SR&ED is related to the corporation, and to enter the portion of the consideration paid by the corporation, or by an eligible partnership of which the corporation is a member, to a person for SR&ED work undertaken in whole or in part by the person, where that portion of the consideration can be reasonably attributed to the wages paid to the employees of an establishment of that person situated in Quebec (or could be so attributed if that person had such employees).
The following options are applicable for the keyword Cons-Por.pt.
Use Sub-Contract to record the amount of consideration paid by a related person further to a subcontract.
Use the keyword BenefitR&D to enter any benefit or advantage received in the form of a reimbursement or compensation when the R&D was carried our further to a contract with another person or partnership.
This information will appear on Quebec form RD-1029.8.16.1.
Use the keyword Proj-Contr to enter the amount of the contribution with respect to a SR&ED project undertaken with a person under a contract with the corporation.
DT Max will deduct governmental / non governmental assistance received to the qualified expenditures incurred by a person under a contract with the corporation.
Use the keyword CorpAssistance to enter the amount of the assistance received by the corporation.
A taxpayer will be required, for his taxation year, to subtract the reducible expenditure amount from his expenditures that qualify as wages and consideration for the purposes of the R&D wages tax credit.
For a corporation's tax year that begins after December 2, 2015, use the keyword Excl-Exp-Alloc.pt to allocate the reducible expenditure amount from line 167 to line 152a of columns B and C of the RD-1029.7 form.
Use the keyword CrAssistRepaid.q to enter the tax credit pertaining to assistance, a benefit or an advantage that is related to a salary or consideration paid in a previous tax year and that has been repaid in the year.
Use the keyword SR&ED-OV to override various lines for R&D in the current year as calculated by DT Max.
The following options are applicable for the keyword SR&ED-OV.
Reducible expenditures - RD-1029.7 (override)
Reducible expenditures - RD-1029.8.6 (override)
Reducible expenditures - RD-1029.8.9.03 (override)
Reducible expenditures - RD-1029.8.16.1 (override)
Portion LN(181) for R&D bef. 11/03/20 - RD-1029.8.9.03 (ov)
Portion of reducible expenditures (override)
Expenditure limit (override)
Use the keyword Credit-OV.sr to override the tax credit for R&D claimed in the current year as calculated by DT Max.
Use the keyword Contract-Info to indicate whether you would like to enter the applicable keywords needed for Quebec form RD-1029.8.6.A.
The following options are applicable for the keyword Contract-Info.
Use the keyword Name-Project to enter the name of the research project.
Use the keyword Contract to enter the information on the research contract pertaining to Quebec form RD-1029.8.6.A.
The following options are applicable for the keyword Contract.
Contract that modifies or extends an existing contract Use this option if this is a contract that modifies or extends an existing contract.
Framework contract where sub-contracts concluded later date Use this option if the contract is a framework contract under which other sub-contracts (e.g. purchase orders) are to be concluded subsequently.
Period during which research work was carried out Use this option to enter the period during which the research work was carried out.
Contrat - establish/continue a research chair Use this option if the contract aims to establish or continue a research chair.
Contract carried out by res. entity as part of chair's act. Use this option if the terms of the contract provide for specific scientific research and experimental development work to be carried out by the research entity as part of the activities of the research chair.
Contract specifies res. entity will perform R&D work in QC Use this option if the terms of the contract specify that the research entity must carry out the R&D work in Quebec on behalf of the taxpayer carrying on business in Canada.
Main researcher in the contract Use this option to enter the name of the main researcher mentioned in the contract, if applicable.
Exp. incurred under contract incurred in QC by res. entity Use this option if the expenses incurred under the contract were incurred in Quebec by the research entity on behalf of the taxpayer who carries on business in Canada.
Corp. contr. to research project limited to cash pymts Use this option if the taxpayer's contribution to the research project is limited to cash payments.
Corp. contr. to research project not limited to cash pymts Use this option if the taxpayer's contribution to the research project is not limited to cash payments.
Use the keyword StartDate-Work to enter the start date of the research work.
Use the keyword EndDate-Work to enter the end date of the research work.
Use the keyword Name.co to enter the name of the main researcher mentioned in the contract.
Use the keyword Clause-Numbers to enter the contract's clause numbers relating to the option chosen within the keyword Contract.
Use the keyword Exp-Incurred to indicate whether or not whether the eligible expenses that give rise to the tax credit for university research or research carried out by a public research centre or by a research consortium were incurred following a change or an extension of a contract.
The following options are applicable for the keyword Exp-Incurred.
Use the keyword Terminate-Con to indicate whether or not the contract provides that the corporation can immediately terminate the contract in the event of the departure of the main researcher for any given reason.
The following options are applicable for the keyword Terminate-Con.
Use the keyword Joint-Obligation to indicate whether or not the main researcher has a joint obligation with the research entity to carry out the research work.
The following options are applicable for the keyword Joint-Obligation.
Use the keyword Name-Party to enter the name of the stakeholders, subcontractors and parties to the contract.
Use the keyword NEQ.na to enter the Québec enterprise number (NEQ) of the stakeholder, subcontractor or party to the contract.
For each party to the contract, enter the budgeted amounts that correspond to the amounts they should pay to the university entity under the contract.
For each of the subcontractors and stakeholders, enter the budgeted amounts that correspond to the amounts they should receive to carry out the work under the contract.
Use the keyword ResearchProject to enter each of the research projects provided for in the contract as well as the numbers of the clauses of this contract that describe these projects. Demonstrate how the research project relates to the corporation's business. If there is more than one eligible research entity, you must also indicate the work carried out by each of them.
Use the keyword R&D-Benefits to describe each of the ways in which the corporation benefits from the contracted R&D activities (for example, obtaining reports, having an interest in the results of the project, or holding a licence or an option to enter into a licence) and enter the numbers of the relevant clauses of the contract.
Use the keyword Cash-Payment to enter each cash payment made under the contract as well as the numbers of the relevant clauses.
Use the keyword Source-Funding to enter all sources of financing, as well as all the assistance and all contributions received by the corporation, which have been used to pay, in whole or in part, the consideration respecting this contract.
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Name-SpecEmp 
NameAssoCorp 
WageEmp-R&D 