What's new for T1 Internet version 16.11?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2001 to 2012 inclusively, fully supports T1/TP-1 EFILE and also includes an update of the System components as well as the Knowledge base. Installing this version will update your version of DT Max to 16.11.

Please note that all program versions are first made available on the Internet.

In this version...

DT Max T1

1. Known issues fixed in version 16.11

• Self-employed income in pre-bankruptcy generates an incorrect carryforward in post-bankruptcy
• CPP/QPP contributions and/or overpayment for a deceased taxpayer
• Self-employed individual receiving QPP disability benefits
• Calculation of the estimated British Columbia low income climate action tax credit

2. Version highlights

1. Quebec Tax Data Download

   Version 16.11 of DT Max offers Revenu Québec's Tax Data Download service. This year, Revenu Québec added the RL-29 among the tax slips available for download. Revenu Québec also added the additional information (i.e. the footnotes) of the RL-1, RL-2 and RL-25 in the data available for download. These footnotes have been mapped with the appropriate data entry in DT Max. However, under certain circumstances, the corresponding data entry in DT Max could not be established. In such cases, you will simply have to select the appropriate option within the keyword. The Quebec Tax Data Download service will be available from March 4th until September 30th, 2013 inclusively.

   For more information on this feature, please consult the Quebec Tax Data Download and the Procedure to download tax data from Revenu Québec documents, available in our Knowledge base.

2. Enhancement
   1. Optimization for line Q391 – Tax credit for workers 65 or older

      DT Max now performs an optimization of this credit. The new tax credit claimed on line 391 of the income tax return for Quebec cannot be carried forward nor transferred to the spouse. Accordingly, the calculation of this tax credit (with its respective work chart) reduces the amount of the tax credit that could otherwise be claimed if other credits, which could otherwise be transferred to the spouse (such as the age amount), are claimed.

3. New form
   1. Calculation of Prince Edward Island sales tax credit

      A new in-house form was implemented for the purposes of calculating the Prince Edward Island sales tax credit.

3. New diagnostic

Notes and diagnostics

447 - Premium payable under the Québec prescription drug insurance plan

You indicated that the taxpayer was covered by a basic prescription drug insurance provided by a private group insurance plan.

Persons who turn 65 may continue to be covered by a private plan. If they maintain private coverage equivalent to that of the public plan, they must terminate their registration for the public plan by calling the Régie (RAMQ). If instead they opt for private supplemental insurance in addition to that provided by the public plan, they must remain registered with the public plan and therefore do not have to contact the Régie.

4. New keywords

In the Infirmity keyword group:

FAMILYCAREGIVER : Does the individual have an impairment in physical or mental functions, as defined by the eligibility conditions for the family caregiver amount?

Use the keyword FAMILYCAREGIVER to manage whether the individual has an impairment in physical or mental functions as defined by the eligibility conditions for the family caregiver amount. This keyword is relevant considering that if an individual is entered as impaired in physical or mental functions as defined by the conditions for the amount for infirm dependants aged 18 or older, DT Max is also going to consider such individual as impaired in physical or mental functions as defined by the eligibility conditions for the family caregiver amount.

Therefore, an additional amount of $2,000 could be claimed on behalf of such a dependant. You can manage this credit via the keyword FAMILYCAREGIVER .

In the Residence keyword group:

SeniorHomeGrant : Can the individual claim the Ontario senior homeowners' property tax grant (OSHPTG)?

Use the keyword SeniorHomeGrant to indicate whether the individual can claim the Ontario senior homeowners' property tax grant (OSHPTG). This keyword is relevant considering that home ownership during the year (and consequently the payment of property taxes), while entitling the individual to the property tax credit, does not necessarily entitle them to the OSHPTG. For instance, when the individual was no longer a homeowner on December 31st, 2012.

5. New options

The following options have been added to the keyword CANCEL-AUTHORIZE :
• Cancel the authorization, only for the individual
• Cancel the authorization, only for a group
• Cancel the authorization, only for a firm

These options allow you to take into consideration the new possible scenarios, with respect to cancelling one or more authorizations, on the 2012 version of federal form RC59, "Business Consent Form".

6. CRA modification to the calculation of EI refunds on Form T2204 for self-employed individuals

The CRA has provided the calculation for the Employment Insurance (EI) refunds when certain conditions are met for self-employed (SE) individuals who have entered into an agreement with Service Canada to participate in the plan. More precisely, when a SE individual participating in the EI for SE program also has T4 insurable earnings, and the total of all earnings is more than $2,000, but the total earnings minus the total of all deducted EI premiums and EI premiums payable are less than $2,000, the EI refund will be the lesser of the following amounts if that amount is more than $1:

(a) the total of the amounts deducted as required

(b) the amount calculated in accordance with the following formula

$2,000 - (TE - TP)

where:
TE is the person's total earnings from insurable employment and from self-employment; and
TP is the aggregate of all required deducted amounts and the premiums payable


As a result, when the above situation applies, DT Max will, from now on, establish the EI refunds according to the calculation provided by the CRA instead of the calculation on Form T2204.

7. Important message from CRA

Different calculation of the CPP basic exemption in the year an individual commences receiving CPP retirement benefits.

For 2012, on top of the changes made under Bill C51 for the Working Beneficiaries, Paragraph 19(d) was added to the CPP calculation requirements. It requires that the CPP basic exemption be calculated differently in the year an individual commences receiving CPP retirement benefits. Individuals can commence receiving CPP retirement benefits at age 60. This provision is intended to protect the individuals' entitlement to survivor, children's and death benefits.

As we received the specifications too late to include the changes in version 16.11, we recommend that you wait until the release of our next version before processing the returns of individuals who started receiving CPP retirement benefits in 2012.