  Capital gains and losses |
Use CapitalProp to select the relevant type of capital property.
The following options are applicable for the keyword CapitalProp.
Qualified small business corporations shares In the year of disposal, DT Max will classify the gain or loss as a qualified small business corporation gain or loss. Otherwise, DT Max will classify the gain or loss as a non-qualified small business corporation gain or loss.
Qualified farm property Choose this option if you are reporting a capital gain or loss from a disposition of qualified farm property.
Qualified fishing property
Mutual fund units and other shares
Bonds and other properties Choose this option if the trust disposed of bonds, debentures, promissory notes, options, and/or other like properties.
Virtual currency transactions
Real estate and depreciable property Choose this option if the trust sold real estate or depreciable property. A trust cannot have a capital loss on the disposition of depreciable property.
Personal use property Personal use property losses are not deductible. The minimum proceeds and adjusted cost base for such property upon disposal is $1,000.
Listed personal property Listed personal property losses are only deductible against listed personal property gains.
Allowable business investment loss Total allowable business investment losses. DT Max will deduct the deductible loss in the current tax year, on line 25 of the federal income tax return and line 69 of the Quebec return. If the amount is reduced, verify the reduction on the schedule of ABIL and Reduction of BIL. If you have inadvertently entered a gain as an allowable business investment gain, DT Max will prompt you to correct your entry.
If the taxpayer could not use all of the ABIL due to insufficient income, DT Max will carry forward the unused amount into next year's database as Loss-CF. If, on the other hand, the taxpayer was unable to use the full amount because of the restrictions of the reduction in ABIL calculations, this unused amount will also be carried forward as Loss-CF.
Information slips
Partnership interest
Eligible capital property - farming This represents the taxable capital gains from eligible capital property.
 See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Choose the type of capital property.
The following options are applicable for the keyword Type.cg.
Land, non-depreciable real estate
Building
Ecological property
Other depreciable property
Other capital gains
QSBCS
Qualified farm property
Qualified fishing property
Partnerships - your share of capital gains
Qualified shares of a qualified public corporation
Qualif. shares of capital stock of a private corp.
Other
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword IssuerName to enter the name of the issuer of the investment.
Use the keyword #SHARES to enter the number of units or shares that were disposed of.
Use the keyword Address-Prop to enter the address or legal description of the capital property.
If your client is a non-resident, use the keyword Jurisdiction.cg to indicate in which province or territory he disposed of the capital property.
This information is only required for non-residents.
If the disposition of capital property occurred in Quebec, the taxpayer is subject to provincial tax on the capital gain and is deemed a resident of Quebec entitled to a remission order.
If the disposition of capital property occurred elsewhere in Canada, the client is subject to the federal surtax of 48% on the capital gain.
The following options are applicable for the keyword Jurisdiction.cg.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword Face-Value to enter the face value of the bond or other like property.
Be sure to enter this information as soon as it is available. DT Max will store it and make it accessible to you upon disposition of the capital asset. Enter this information as soon as you get it so that it will be available upon disposition of the capital asset.
Use the keyword MaturityDate to enter the date of maturity of the bond or other like property.
Be sure to enter this information as soon as it is available. DT Max will store it and make it accessible to you upon disposition of the capital asset, when you require it for next year's return, or for purposes of financial planning.
Use the keyword Description to provide a brief description of the source of the capital gain or loss.
It will appear on schedule 1 and schedule A.
Use the keyword Deemed-Disp to enter the reason for the deemed disposition and the date the disposition occurred.
On specified dates during the life or existence of a trust, the trust is deemed to have disposed of its capital property. The resulting gains or losses must be reported on the trust's return in the taxation year in which the dispositions are considered to have occurred.
DT Max will calculate the income on federal form T1055 and, if applicable, on Quebec schedule TP-653.
If the trust actually disposes of the property before the end of the taxation year, do not enter this keyword in the group.
The following options are applicable for the keyword Deemed-Disp.
Use the keyword Date-Acqu to enter the date of acquisition of the capital property sold.
This pertains to all capital gains or losses except for those reported on information slips.
Be sure to enter this information without delay. DT Max will store it and make it accessible to you upon disposition of the capital asset.
Use the keyword Date-Disp to enter the date of disposition of the capital property sold.
This pertains to all capital gains or losses except for those reported on information slips.
Use the keyword Method-Disp.cg to enter the method in which the virtual currency was disposed. This information is required for Quebec Schedule A and form TP-653.
The following options are applicable for the keyword Method-Disp.cg.
ATM
Platform
Peer-to-peer
Use the keyword Proceeds.cg to enter the amount received or to be received in payment for the capital property disposed of. In most cases, it refers to the sale price of the property. Use [Alt-J] to enter different values for other jurisdictions.
Use ACB.cg to enter the ACB (adjusted cost base) of a capital property disposition. This is usually the cost of the property.
The ACB can differ from the original cost if changes have been made to the property between the time it was acquired and the time it was sold.
If the trust received a T3 slip with an amount showing in box 42, it should use this amount to determine the ACB for the interest in that trust. The ACB should be reduced if there is a positive amount in box 42 of the T3 slip. A negative amount in box 42 will result in an increase in the ACB. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Expenses.cg to enter the expenses incurred with respect to the disposition of capital property.
The following options are applicable for the keyword Expenses.cg.
Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword PrincipalRes.cg to designate the property as a principal residence and to complete form T1079 titled Designation of a property as a principal residence by a personal trust.
A principal residence can be any of the following types of housing units: - a house;
- a cottage;
- a condominium;
- an apartment in an apartment building;
- an apartment in a duplex; or
- a trailer, mobile home, or houseboat.
When the housing unit is sold or is considered to have been sold, the sale does not normally have to be reported on the tax return and no tax has to be paid on any gain from the sale. This is the case if the housing unit was the principal residence for every year owned.
If the housing unit was not the principal residence for all the years that the taxpayer owned it, the capital gain, or part of the capital gain on the property that relates to the years for which the property was not designated as the principal residence must be reported.
Note Because the housing unit is considered personal-use property, the loss cannot be claimed.
Note For years after 1981, only one housing unit per family can be designated as a principal residence.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword Street.res to enter the street where the principal residence is located.
Use the keyword City.res to enter the city where the principal residence is located.
Use the keyword Province.res to enter the province where the principal residence is located.
The following options are applicable for the keyword Province.res.
Use the keyword PostCode.res to enter the postal code of the principal residence.
Use the keyword Designation.res to specify the taxation years during which the property was designated as principal residence on form T1079 titled Designation of a property as a principal residence by a personal trust.
The following options are applicable for the keyword Designation.res.
Period after 1971 and before 1982
Period after 1981 and before 2017
Period after 2016 to current year
Year a real servitude was established
Use the keyword Years.res1 to enter the period of taxation years during which the residence is designated as the principal residence.
The following options are applicable for the keyword Years.res1.
Use the keyword Years.res2 to enter the period of taxation years during which the residence is designated as the principal residence.
The following options are applicable for the keyword Years.res2.
Use the keyword Years.res4 to enter the period of taxation years during which the residence is designated as the principal residence.
The following options are applicable for the keyword Years.res4.
Use the keyword Year.res3 to enter the year a real servitude encumbering the property was established. This information will be entered on federal form T1079 and Quebec form TP-274.F, Designation of a Property as a Principal Residence by a Personal Trust.
Use the keyword Multi-Property to indicate if the property the trust disposed of is one of two or more properties that qualify as principal residences that the trust owned on December 31, 1981, and continuously thereafter until the disposition by members of a family unit.
DT Max T3 will automatically calculate part 3 of Form T1079 if it is not a qualifying trust and if the trust owned the property on December 31, 1981 and an amount is entered with the keyword Property-1981.c .
The keyword Multi-Property will override the automatic calculation of Part 3 of the form.
Use the keyword Property-1981.c to enter the information needed to calculate the capital gain on form T1079 titled Designation of a property as a principal residence by a personal trust when the property was owned on December 31, 1981.
The following options are applicable for the keyword Property-1981.c.
Adjusted cost base on December 31, 1981
Fair market value on December 31, 1981
Capital expenditures made after 1981 (T1079)
Cap. expenditures made after 1981 and before 2017
Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Property-2016.c to enter the information needed to calculate the capital gain on form TP-274.F titled Designation of property as a principal residence of a personal trust when the property was owned on December 31, 2016.
The following options are applicable for the keyword Property-2016.c.
Adjusted cost base on December 31, 2016
Fair market value on December 31, 2016
Capital expenditures made after 2016
Use [Alt-J] to enter different values for other jurisdictions.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword Election-1994.c to enter the information needed to calculate the reduction of the capital gain on form T1079-WS Principal residence worksheet when form T664 or T664 (Seniors) titled Election to report a capital gain on property owned at the end of February 22, 1994 has been completed for the property.
The following options are applicable for the keyword Election-1994.c.
Designated proceeds of disposition for the 1994 election
Adjusted cost base on February 22, 1994
Fair market value on February 22, 1994
Adjustment to cost base after 1981 and before 23/02/94
Capital gain deemed to have been realized on 22/02/94
Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword #MONTHS to enter the number of months in each period where the trust owned the property excluding the months the trust had designated the property as a principal residence.
This information is needed to calculate the reduction of the capital gain on form T1079-WS titled Principal residence worksheet.
The following options are applicable for the keyword #Months.
Use [Alt-J] to enter different values for other jurisdictions.
Change-In-Use.c change in use of property and election under section 284 or 286.1 [TP-274]
The following options are applicable for the keyword Change-In-Use.c.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword YearsChange.res to enter the period of taxation years for the following situations: - The taxpayer began to use the principal residence to earn income, and is making or has made an election under section 284 of the Taxation Act, whereby he/she is deemed not to have changed the use of the property in question;
- The taxpayer began to use as the principal residence a property previously used to earn income, and he/she has made an election under section 286.1 of the Taxation Act, whereby they are deemed not to have disposed of the property at the time of the change in its use.
The following options are applicable for the keyword YearsChange.res.
If the taxpayer disposed of a principal residence after October 2, 2016, and was a non-resident throughout the year of acquisition of the property, he/she is not eligible to use the plus 1 in the calculation.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use Qualified-Trust.cg to indicate whether after 2016 the trust meets the conditions to qualify for the principal residence exemption.
A qualified trust is a trust that, for any year after 2016, falls under one of the following categories and meets the conditions described below.
First category: a spousal trust, a joint spousal trust, an alter ego trust with no age limit or certain trusts for the exclusive benefit of the settlor during the settlor's lifetime. Depending on the type of trust, the specified beneficiary of the trust must be either the settlor or the settlor's spouse or former spouse. These trusts also keep their status when the child, spouse or former spouse of the beneficiary usually inhabits the trust’s principal residence.
Second category: a qualified disability trust whose electing beneficiary for the year is: - a specified beneficiary of the trust during the year; and - the spouse, de facto spouse, former spouse, former de facto spouse or child of the settlor of the trust.
Third category: a trust for a minor child of deceased parents whose specified beneficiary for the year is an individual who meets the following conditions: - The individual's parents are not alive at the beginning of the year. - One of the parents is the settlor of the trust. - The individual is under 18 at the end of the year.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword Reserves.cg for all capital gains or losses where reserves can be taken.
Use Reserves.cg to enter the amount of the capital gains reserve for the current year in respect to that particular capital disposition. Use [Alt-J] to enter different values for other jurisdictions.
If your client has elected to report a capital gain on a mutual fund or other flow-through entity, enter the ineligible gain recorded on the T-slip with the keyword Gain-Tslip.
This will enable the application of the capital gain reduction against the T-slip gain.
Use the keywprd Gift.cg to specify whether this is a taxable capital gain resulting from a gift of capital property made in the year.
DT Max will report this capital gain on line 1 of the federal return and on line 53 of the Quebec return.
Note that in order for DT Max to handle this asset as a gift, you must also enter an amount with the keyword Donations.
The following options are applicable for the keyword Gift.cg.
Use the keyword Eligible-Gift.cg to enter the amount by which the fair market value of the gifted property exceeds the amount of an advantage, if any, received for the gift.
The advantage is generally the total of all property, services, compensation, or other benefits received as partial payment for, or in gratitude for, the gift.
DT Max will use this amount to calculate the gain subject to the 25% inclusion rate. This amount will appear in column 6 of Schedule 1A. If no amount is entered with this keyword, DT Max will assume the eligile amount to be equal to the proceeds. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Amount.cgs to enter the total amount of capital gains from the T-slip.
This is the total capital gain, which reflects 100% of the gain.
DT Max will calculate the taxable amount. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Ins-FundLoss to enter the amount of insurance segregated fund capital losses as indicated in box 37 of the T3 slip.
This represents the designated portion of allowable capital losses from insurance segregated fund trusts. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword Country.fi to select the country of origin of the foreign income.
Use the keyword Exchange.fi to enter the exchange rate at which income is to be converted to Canadian dollars. If you entered the amount in Canadian dollars, no entry is required here.
Click here for the CRA's records of average exchange rates.
See the CRA's general income tax guide:
Line 01 - Taxable capital gains
Lines 26, 27, and 28 - Total income allocations and designations to beneficiaries
Use the keyword Tax-Paid.fi to enter the total amount of foreign tax paid. When the foreign taxes paid are entered, DT Max will calculate the following tax credits:
- federal foreign tax credits (T3FFT) - one per country
- provincial foreign tax credit (T3PFT)
- Quebec foreign tax credit for foreign non business income (TP-772)
In order for the calculations to be completed properly, you must enter the type of foreign income in Foreign-Inc, and the country of reference in Country.fi.
The foreign tax credits determined on form T3FFT, T3PFT and TP-772 are calculated on a country-by-country basis. You can override the federal non business foreign tax credit with the keyword Foreign-Cr-OV. This override will be carried through to the provincial foreign tax credit calculation (T3PFT or TP-772 for Quebec).
Use the keyword Tax-Treaty.fi to enter amounts to be deducted from net income for tax purposes due to a tax treaty with Canada.
The total treaty-exempt income will be deducted from net income for tax purposes on the tax returns filed.
Use the keyword CapProp-OV to override the amount of gain/loss on the disposition of capital property. Use [Alt-J] to enter different values for other jurisdictions.
Use Cap-Reserves to enter the type of capital gain reserves available this year for purposes of schedule 2.
DT Max will automatically bring into income any capital gains reserves created in respect of capital dispositions of prior years. Should you wish to retain these in the capital gains reserve accounts, or should you enter data for this client for the first time using DT Max, use Cap-Reserves.
If you used DT Max for this client last year, the comparative data on the right-hand side of the screen will assist you in entering this information.
See also CapitalProp, At-Opening, At-YearEnd, In-Income.
The following options are applicable for the keyword Cap-Reserves.
QSBCS (before 19/03/07)
QSBCS (between 18/03/07 & 01/01/14)
QSBCS (after 31/12/13)
Qual. farm property (before 19/03/07)
Qual. farm property (between 18/03/07 & 01/01/14)
Qual. farm property (after 31/12/13)
Qual. fishing prop. (before 19/03/07)
Qual. fishing prop. (between 18/03/07 & 01/01/14)
Qual. fishing prop. (after 31/12/13)
Other capital property
As the lifetime capital gains exemption on qualified capital gains increased in 2014 to $800,000 and will be indexed to inflation in following years, the date on which the reserve was taken is required in order to apply it to the correct exemption amount.
Use the keyword At-Opening to enter the amount you wish to keep in the capital gains reserves account at the opening of the current taxation year for the dispositions in the year being processed.
This field will be updated automatically by DT Max for the following year. See Cap-Reserves. Use [Alt-J] to enter different values for other jurisdictions.
This is the amount to be taken into income in the current taxation year in respect of the capital gains account for the dispositions in the year just entered.
DT Max gives you the flexibility to enter this amount or the At-YearEnd amount. If both are entered, DT Max will check for consistency but will accept the At-YearEnd entry. See Cap-Reserves. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword At-YearEnd to enter the amount that you wish to keep in the capital gains reserves account at the end of the current taxation year for the dispositions in the year being processed. See Cap-Reserves. Use [Alt-J] to enter different values for other jurisdictions.
Use the keyword TaxDefer-Election to indicate whether the trust is electing to defer the payment of income tax payable on the deemed disposition of its interest in a qualified public corporation.
In order to generate form TP-653.C, this keyword must be entered in conjunction with the keyword Type.cg with the option "Qualified shares of a qualified public corporation".
This measure applies to shares that are qualified shares at the time of the deemed disposition.
A deemed disposition of property is applicable to certain trusts on a date determined by the Taxation Act (as a rule, the 21st anniversary of the creation of the trust or the date on which the spouse for whom the trust was created died, and the same date every 21 years thereafter).
The trust can defer, for a maximum of 20 years, the payment of Quebec income tax on the deemed disposition of qualified shares of a qualified public corporation, provided the qualified share is: - a share that is included in a large block of shares, or in part of a large block of shares, of a qualified public corporation; or - a share of a private corporation more than 95% of the value of which is attributable to a large block of shares, or to part of a large block of shares, of a qualified public corporation.
A separate calculation must be performed for each class of qualified shares held by the trust.
Use the keyword Date-DeemDisp.e to enter the date of the deemed disposition of the trust's interest in a qualified public corporation.
The deemed disposition of property of certain trusts occurs on a date specified by the Taxation Act. In general, this is on the day of the 21st anniversary of the creation of the trust or on the date of death of the spouse for whom the trust was created, and afterwards on that same day every 21 years.
Use the keyword Corp-Info.e to enter the information about the qualified public corporation or the private corporation.
Qualified public corporation means a corporation that, at a particular time: - is a public corporation; - has its head office in Québec; and - its base total payroll in Québec for its taxation year that includes the particular time is at least 75% of its base total payroll in Québec for the taxation year in which the deemed disposition occurred (unless the particular time corresponds to the time of the deemed disposition of the share).
The following options are applicable for the keyword Corp-Info.e.
Use the keyword Corporation-Name.e to enter the name of the qualified public corporation.
A qualified public corporation refers to a public corporation that, at a particular time, meets the following conditions: - Its head office is in Quebec. - Its base payroll in Quebec for the taxation year including the particular time represents at least 75% of its base payroll in Quebec for the taxation year in which the deemed disposition of the shares occurred, where the particular time does not correspond to the time of the deemed disposition.
Use the keyword Corp-NEQ.e to enter the Quebec enterprise number (NEQ) for the qualified public corporation.
Use the keyword Corp-ID-Number.e to enter the corporation's identification number.
Use the keyword Street-Number.e to enter separately the street number of the corporation's head office address.
Use the keyword Street-Name.e to enter the street name or P.O. Box of the corporation's head office address.
Use the keyword Suite.e to enter the suite number of the corporation's head office address.
Use the keyword City.e to enter the city, town or municipality where the corporation's head office is located.
Use the keyword Province.e to enter the province in which the corporation's head office is located.
The following options are applicable for the keyword Province.e.
Use the keyword Postal-Code.e to enter the postal code affiliated with the head office address of the corporation.
Use the keyword FMV%.e to enter the percentage of the FMV of all of the private corporations's assets that is attributable to a large block of shares (or a portion of a large block of shares) of the capital stock of a qualified public corporation.
This information will be captured on line 43 of form TP-1033.18.
Use the keyword Eligible-Shares.e to indicate if the eligible shares are shares of the capital stock of a qualified public corporation, or of the capital stock of a private corporation.
An eligible share is: - a share forming part of a large block of shares or of a portion of a large block of shares of the capital stock of a qualified public corporation; or - a share of the capital stock of a private corporation of which: - more than 95% of the FMV of the assets is attributable to a large block of shares or a portion of a large block of shares of the capital stock of a qualified public corporation, where the deemed disposition of the share occurred after February 21, 2017, but before November 7, 2019, or - more than 50% of the FMV of the assets is attributable to a large block of shares or a portion of a large block of shares of the capital stock of a qualified public corporation, where the deemed disposition of the share occurred after November 6, 2019.
The following options are applicable for the keyword Eligible-Shares.e.
Capital stock of public corp with voting rights
Capital stock of private corp with/without voting rights
Capital stock of private corp with voting rights
Use the keyword Number-Shares.e to enter the number of shares of the capital stock of the qualified public corporation or of the private corporation held by the trust.
If the information pertains to shares of the capital stock of the qualified public corporation, the details will be captured in section 3.1 of form TP-1033.18.
If the information pertains to shares of the capital stock of the private corporation, the details will be captured in section 4.2 or 4.3 (whichever is applicable) on form TP-1033.18.
Use the keyword Class-Type.e to indicate the type of share of the capital stock of the qualified public corporation or of the private corporation held by the trust.
If the information pertains to shares of the capital stock of the qualified public corporation, the details will be captured in section 3.1 of form TP-1033.18.
If the information pertains to shares of the capital stock of the private corporation, the details will be captured in section 4.2 or 4.3 (whichever is applicable) on form TP-1033.18.
The following options are applicable for the keyword Class-Type.e.
Class A common
Class B common
Class A preferred
Class B preferred
Mutual fund units
Other (specify)
Use the keyword Voting-Rights% to enter the percentage of voting rights in the corporation.
This measure applies to qualified shares that are included in a large block of shares of a qualified public corporation.
A large block of shares of a qualified public corporation refers to a block of shares that, in all circumstances, gives the trust more than one third of the corporation's voting rights. A part of a large block of shares of a qualified public corporation refers to one or more of the corporation's shares held by a trust that is a member of a related group of shareholders of the corporation, where this group has a block of shares that, in all circumstances, gives it more than one third of the corporation's voting rights.
Use the keyword Member-Info.e to indicate whether there is a group of shareholders comprised of persons who are each related to the other and own shares of the same qualified public corporation or in a private corporation.
The following options are applicable for the keyword Member-Info.e.
Use the keyword Name.e to enter the related member's name. Enter information about each member of the related group of which the trust was a member.
Use the keyword ID-Number.e to enter the related member's identification number.
Use the keyword Relationship.e to indicate the member's relationship with the trust.
A group of shareholders comprised of persons who are each related to the other. These persons can be:
- individuals related by blood, marriage (or civil union), de facto union or adoption; - a corporation and a person who is a member of a related group that controls the corporation; - two corporations if one of them is controlled by a member of a related group that controls the other corporation.
Use the keyword Voting-Rights%.e to enter the percentage of voting rights in the qualified public corporation held by the member or the private corporation.
Use the keyword Inc-Tax-Payable.e to choose whether the tax calculation concerns deemed disposition of share from a qualified public corporation or a private corporation.
The following options are applicable for the keyword Inc-Tax-Payable.e.
Use the keyword Deem-CapGain.e to enter the amount of capital gain resulting from the deemed disposition of eligible shares.
This amount will be entered on TP-1033.18 line 60 if eligible shares of a qualified public corporation or on line 70 for shares of a private corporation.
Use the keyword Taxable-Inc.e to enter the amount of taxable income without taking into account the deemed disposition of eligible shares of the corporation.
This amount will be entered on TP-1033.18 line 62 if eligible shares of a qualified public corporation or on line 72 for shares of a private corporation.
Use the keyword Adj-TaxPayable.e to enter the income tax that would be payable by the trust if the deemed disposition was not taken into account in the taxable income.
In order to calculate this tax payable, copy the keywords from production into a plan, and remove the deemed disposition of qualified shares. Calculate the return, note the income tax payable from line 140 of the TP-646, return to the production version and use this keyword to enter the calculated income tax payable from the plan.
This amount will be entered on line 63 or line 73 of the Quebec form TP-1033.18.
Use the keyword Income-Tax%-OV.e to override DT Max's automatic entry of TP-1033.18 line 80.
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Type.cg 
PrincipalRes.cg 
Street.res