Tax-CreditsIn the keyword Tax-Credits, select the relevant jurisdiction, then choose the type of tax credit you wish to enter and indicate the appropriate amount.Note that only credits offered in the jurisdiction you selected will be displayed for you to choose from. The following options are applicable for the keyword Tax-Credits.
Politic-ContribUse the keyword Politic-Contrib to enter the amount of contributions made to a political party of the chosen jurisdiction.DT Max will calculate the amount of the tax credit and apply it if possible. Attach to the tax return an official receipt as proof of the contribution.
Logging-IncUse the keyword Logging-Inc to enter the logging income respecting which logging tax has been paid.This is relevant for British Columbia and Quebec only.
Logging-TaxThis credit is only available in Quebec and British Columbia. The federal credit is limited to the logging income upon which logging tax is paid.
Quebec This is the logging tax paid to the Quebec Minister of Revenue upon filing form CO-1179. DT Max will calculate the 33.3% deduction, which will be reported on line 134 of the TP-646. Any unused amount will be carried forward by DT Max as a LogTaxCF entry.
British Columbia This is the logging tax paid or payable to British Columbia. DT Max will calculate 50% of the federal credit, which will be reported on T3BC line 29.
Federal DT Max will calculate the lesser of:
LogTaxCFUse the keyword LogTaxCF to enter the carryforward of the unused portion of the allowable deduction for taxes paid on logging operations.DT Max will automatically carry forward any unused amount.
Environment-CrUse the keyword Environment-Cr to enter the federal environmental tax credit.This amount is deducted from basic federal tax on schedule 11 as other credits.
LSVCC-CrLSVCC-Cr labour-sponsored venture capital corporation tax credit
PartXII-2-TaxCrIf the trust is the beneficiary of another trust from which it received a T3 slip, use the keyword PartXII-2-TaxCr to enter the amount from box 38.
Design-Ben-CrUse the keyword Design-Ben-Cr to enter an amount on line 128 of the Quebec trust return TP-646. This keyword will override any amount calculated on line 25 of form TP-671.9.
T3M-TaxCreditUse the keyword T3M-TaxCredit to enter the credit amount applicable for the provincial tax calculation.
Other-creditsUse this keyword to enter other tax credits.These credits will appear on line 91 of the federal trust return, and depending on the type of credit chosen, they may also appear on line 153, 154 or 156 on the Quebec tax return. The following options are applicable for the keyword Other-credits.
SBITCUse the keyword SBITC to enter the New Brunswick small business investor tax credit amount from the NB-SBITC-1 certificate(s). This amount will be used on form T3NB-SBI to calculate the allowable tax credit. The maximum tax credit that can be claimed per year, including any unused amounts from other years, is $75,000.
SBITC-CFUse the keyword SBITC-CF to enter the unused New Brunswick small business investor tax credit. This amount will be used on form T3NB-SBI to calculate the allowable tax credit. Any unused credit can be carried forward for seven years.The following options are applicable for the keyword SBITC-CF.
SBITC-CBUse the keyword SBITC-CB to enter the amount of unused New Brunswick small business investor tax credit to be carried back and the year to which it should be applied.The following options are applicable for the keyword SBITC-CB.
TP-671-9Use the keyword TP-671-9 to complete the Quebec form TP-671.9. This form is to be completed by the trust if it is a tax-liable beneficiary of a designated trust. The trust is a tax-liable beneficiary if it is a resident in Quebec on the last day of the year.
Designated-TrustEnter the name of the designated trust. A "designated trust" means any trust
Street.dtStreet.dt street number, name or P.O. Box
Suite.dtSuite.dt apartment number
City.dtCity.dt name of city, town or municipality
Province.dtProvince.dt province
PostCode.dtPostCode.dt postal code
Address-ChangeAddress-Change whether the trustee's address changed during the year
Street.dtfStreet.dtf former street number, name or P.O. Box
Suite.dtfSuite.dtf former apartment number
City.dtfCity.dtf name of former city, town or municipality
Province.dtfProvince.dtf former province
PostCode.dtfPostCode.dtf former postal code
Ceased.dtcUse the keyword Ceased.dtc to indicate whether any of the trustees ceased to act as trustee for the trust during the year or during the four preceding years.
Street.dtcStreet.dtc street number, name or P.O. Box
Suite.dtcSuite.dtc apartment number
City.dtcCity.dtc name of city, town or municipality
Province.dtcProvince.dtc province
PostCode.dtcPostCode.dtc postal code
Identification-NoEnter the identification number of the designated trust. This number will be captured on line 5c of the TP-671.9 form.
Beneficiary-DateEnter the date on which the taxpayer became a beneficiary of the trust.
Trustee-Name.dtEnter the name of the trustee of the designated trust.
Street.dtStreet.dt street number, name or P.O. Box
Suite.dtSuite.dt apartment number
City.dtCity.dt name of city, town or municipality
Province.dtProvince.dt province
PostCode.dtPostCode.dt postal code
Address-ChangeAddress-Change whether the trustee's address changed during the year
Street.dtfStreet.dtf former street number, name or P.O. Box
Suite.dtfSuite.dtf former apartment number
City.dtfCity.dtf name of former city, town or municipality
Province.dtfProvince.dtf former province
PostCode.dtfPostCode.dtf former postal code
Ceased.dtcUse the keyword Ceased.dtc to indicate whether any of the trustees ceased to act as trustee for the trust during the year or during the four preceding years.
Street.dtcStreet.dtc street number, name or P.O. Box
Suite.dtcSuite.dtc apartment number
City.dtcCity.dtc name of city, town or municipality
Province.dtcProvince.dtc province
PostCode.dtcPostCode.dtc postal code
Subs104(13-1/13-2)Use the keyword /13-2) to enter the income of the trust designated under subsection 104(13.1) or subsection 104(13.2) that was paid or became payable to the designated beneficiary, or if the designated beneficiary's share of the partnership's income for the fiscal period concerned included income of the trust.The following options are applicable for the keyword Subs104(13-1/13-2).
Tax-PayableEnter the amounts corresponding to the income tax that the designated trust would pay in Quebec and/or to another province, for the taxation year. These amounts will be entered on lines 17 and/or 18 of the Quebec form TP-671.9The following options are applicable for the keyword Tax-Payable.
Taxable-IncomeEnter the taxable income of the trust that relates to the provincial income tax entered with the keyword Tax-Payable. This amount will be entered on line 20 of the Quebec form TP-671.9.
CapGainRefundCrUse the keyword CapGainRefundCr in order to claim a capital gains refund on form T184 for a mutual fund trust.This refund is available only to a mutual fund trust that has refundable capital gains tax on hand at the end of the year.
The following options are applicable for the keyword CapGainRefundCr.
CGRedemptionUse the keyword CGRedemption to enter amounts for shares, cash, debts, or other property used to determine the capital gains redemptions for the year.The following options are applicable for the keyword CGRedemption.
Redeem-AmountUse the keyword Redeem-Amount to enter the amount paid in the year to redeem units included in the proceeds of disposition of the redemptions. Use [Alt-J] to enter different values for other jurisdictions.
Beneficiary-AmtUse the keyword Beneficiary-Amt to indicate the amount of units redeemed which are designated to beneficiaries. Use [Alt-J] to enter different values for other jurisdictions.
CGRefund-HistUse the keyword CGRefund-Hist to chose the jurisdiction for which the historical information pertains to. Historical information will automatically be carried forward by DT Max.The following options are applicable for the keyword CGRefund-Hist.
Allowable-RefundUse the keyword Allowable-Refund to enter the historical information concerning the refundable capital gains tax on hand from previous years.This information is required to properly calculate the current refundable capital gains tax on hand on form T184. It must be entered separately for each jurisdiction. The following options are applicable for the keyword Allowable-Refund.
Refund-ClaimedUse the keyword Refund-Claimed to indicate the amount of capital gains refund claimed in previous years.The following options are applicable for the keyword Refund-Claimed.
Additional-RefUse the keyword Additional-Ref to enter the historical information concerning any additional capital gains refund claimed in previous years. The trust may be entitled to additional Ontario capital gains refund when the federal refundable capital gains tax on hand is equal to the amount claimed.
The following options are applicable for the keyword Additional-Ref.
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