The latest DT Max program update is now available for downloading. It features the fully functional T1/TP-1 program for tax years 1998 to 2008 and fully supports T1/TP-1 Efile. Installing this version will update your version of DT Max to12.20. It also features the fully functional T3/TP-646 program for tax years 2003 to 2008. Please note that all program versions are always made available on the Internet
In this version...
Modified form Optimization of Children's fitness amount (federal) T4A : Amount of deduction for patronage dividends New options New CRA rules implemented DT Max T1
Known issue fixed in version 12.20Modified formQuebec :
Optimization of Children's fitness amount (federal)
T4A : Amount of deduction for patronage dividends
New options
New CRA rules implemented
a) Federal T1, line 117, Universal Child Care Benefit : The "lower net income" for universal child care benefit (UCCB) reporting purposes will be the "net income" calculated without taking into account the UCCB income nor the social assistance payments, and without considering the child care expenses nor the EI/Old Age security repayment deductions. b) Federal T1, line 145, Social assistance payments : The "higher net income" for social assistance payments reporting purposes will be the "net income" calculated with UCCB income included but without taking into account the social assistance payments, the child care expenses nor the EI/Old Age security repayment deductions. c) Federal T1, line 214, Child care expenses : The "lower net income" for the child care expenses claim purposes
will be the "net income" calculated with UCCB and social assistance
payments but without considering the child care expenses nor the EI/Old Age
security repayment deductions.
DT Max T3Modified forms
Forms under review
New keywordsIn the Trustee group :
In the Clearance group :
In the Beneficiary group :
New options1) New option added to keyword Expenses , under the Business group (when the option ''T2125 - Business'' is selected) : Meals expenses (not subject to the set limits - Quebec) Use this option if you are in the situations where neither the 50% limit (or specified percentage) nor the ceiling based on sales applies to the deduction of your meal and entertainment expenses. 2) New option added to keyword Expenses , under the Business group (when the option ''T776 - Rental'' is selected) : Maintenance and repairs (related to the units rented only) ABIL / CNIL 4) Under the keyword AMOUNT.T657 , when option ''ABIL / CNIL'' is selected in FORM-T657 : ABIL claimed in 1985 through 2007 5) Under the keyword AMOUNT.T657 , when option ''Net capital losses'' is selected in FORM-T657 : Allowable capital losses claimed in 1985 6) Under the keyword CAP-GAIN.CH , when option ''Eligible taxable capital gains reported'' is selected in FORM-T657 : 1985 - 1991 taxable capital gains 7) Under the keyword EXEMPTION.CH , when option ''Capital gains deduction claimed'' is selected in FORM-T657 : Deduction claimed in 1985 - 1987 Reminder: verifying carryforwards
March 24, 2009 |