What's new for T1/T3 version 18.10?

DT Max version 18.10 is a CD release that features the T1/TP-1 program for tax years 2002 to 2014 inclusively and fully supports T1/TP-1 EFILE. This version also features the T3/TP-646 program for tax years ending from 2004 to 2014.

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

In this version...

About your DT Max licence key

DT Max T1

1. Program certification
2. Version highlights
   1. T1013 - Watermark
   2. Toggle between equivalent federal/provincial forms
   3. New SmartStart section created in the data entry screen
   4. CRA Tax Data Delivery (TDD)
   5. Application for the Guaranteed Income Supplement
3. New keywords
4. Exchange rates and other prescribed rates
5. New diagnostics
   1. Notes and diagnostics
   2. Error prevention report
6. New variables for the client letter
7. Notes and reminders
   1. EFILE
   2. Demo database
   3. Carryforwards
8. Messages from the CRA
9. Messages from Revenu Québec
10. DT Max references (links to our Knowledge Base)

DT Max T3

1. Program certification
2. Version highlights
   1. Federal Direct Deposit Request
   2. Lifetime Capital Gains Exemption
   3. Dividend Tax Credit
   4. New Brunswick Small Business Investor Tax Credit
   5. Information Return of the Beneficiary of a Designated Trust
   6. Trust that becomes resident in Canada
   7. New boxes added on the TP-646 Trust Income Tax Return for other income and other deductions
   8. Quebec Keying Summary
   9. 2015 income tax brackets
   10. Optimization of the expense allocation
3. Warning: verifying carryforwards
4. New forms
5. Revised forms
6. New keywords
7. Modified keywords
8. New options

DT Impressions

1. DT Impressions

About your DT Max licence key

DT Max T1

1. Program certification

2. Version highlights

1. T1013 - Watermark

   Further to a CRA directive, printed T1013 forms that have already been successfully transmitted electronically will now contain a watermark. The watermark is as follows:

   Retain for your record. Do not forward to CRA.

   The reason for this is that the CRA does not want tax preparers to mail paper T1013 forms that have already been transmitted electronically. Any printed T1013 forms containing the watermark received by the CRA will be discarded. However, printed T1013 forms that have not been sent electronically will not contain the watermark and can be mailed to the CRA.

   Note: The watermark will only be added if the electronic transmission was successful. The watermark will not be added for a failed electronic transmission.

   Please also note that in DT Max, once the T1013 has been electronically filed and accepted by the CRA, the keyword Progress will appear in the data entry screen with the option "T1013 - Authorization form - submitted" as a confirmation.

2. Toggle between equivalent federal/provincial forms

   When viewing the tax return, it is now possible to jump to the equivalent form for the other jurisdiction (i.e. federal or provincial) for many pages. To do this, you may either use the new button on the toolbar, or the keyboard shortcut (Ctrl+F4). If a given form has many equivalent forms or pages in the other jurisdiction, you will be presented with a list from which to choose. Note that the toolbar icon is highlighted and the keyboard shortcut available, only when an equivalent page exists for the other jurisdiction.

3. New SmartStart section created in the data entry screen

   Please note that the new section Sport, recreational, artistic, cultural expenses was created, moving these claims from the Child care expenses (T778) section where they were previously entered.

4. CRA Tax Data Delivery (TDD)

   The Canada Revenue Agency's (CRA) Tax Data Delivery (TDD) service, available with EFILE certified software products, allows authorized representatives to request the secure electronic delivery of available tax information to the software to complete portions of an individual tax return.

   Using this web service, you can save time and ensure accuracy by downloading a number of tax items directly from the CRA straight into DT Max. Once downloaded, you can then take advantage of DT Max's powerful Right-hand side display feature to view the downloaded data. Next, you can choose whether to update either some or all of your existing data with the downloaded data using DT Max's Copy to left-hand side feature.

   As great as this service already is, it will be even better later this tax season when we introduce a number of enhancements in DT Max to make it even more convenient to use.

   See the CRA Tax Data Delivery knowledge base page for more information on this exciting feature.

5. Application for the Guaranteed Income Supplement

   Please note that the watermark "For information purposes only" has been added to the form Application for the Guaranteed Income Supplement or Statement of Income for the Allowance or Allowance for the Survivor for Payment Period of July 2015 - June 2016. This form is not an official form and therefore should not be filed with the federal government as an application form. This form has been designed to assist you in completing the official form SC-ISP-3025, which can be downloaded via Service Canada's website. For more information on how to complete this form, please visit the Guaranteed Income Supplement page from Service Canada's website.

3. New keywords

1. In the keyword group RelatedParty , pertaining to the information on the return of the taxpayer's spouse:

   Sp-FarmingInc : Whether the spouse was a farmer during the taxation year.

   This keyword allows users to indicate whether the non-processed spouse was a farmer during the taxation year. This information will be used to determine the taxpayer's eligibility to the new Ontario community food program donation tax credit for farmers.

2. In the Foreign-Info keyword group, pertaining to federal form T1141, Information Return in Respect of Transfers or Loans to a Non-Resident Trust:

   REPPERIOD-CHANGED : Specify why the reporting period changed (ONLY if the reporting period changed).

   This keyword allows users to specify why the reporting period changed compared to the previous year.

3. In the BUS-CONSENT.RC keyword group, pertaining to federal form RC59, Business Consent:

   CERT-INDIVIDUAL : Select the type of individual who is signing this form [RC59 Part 5]

   This keyword allows users to select the type of individual who is signing this form from the drop-down menu. The following options are available: an owner, a partner of a partnership, a corporate director, an officer of a non-profit organization, a trustee of an estate and an individual with delegated authority.

4. Exchange rate and other prescribed rates

5. New diagnostics

1. Notes and diagnostics

   448 - CPP Overpayment

   You have CPP contributions on self-employment and other earnings with employment income. The result on line 23 of Part 5 of Schedule 8 is negative. You may have an overpayment. The CRA does not want an amount on line 448 and wants to calculate it for you.

   Calculation on the CPP overpayment you should receive from the CRA:

   CPP contributions payable on self-employment and other earnings. The negative amount on line 23 of Part 5 of Schedule 8 . . .	(amount)	23
   Multiply the amount from line 23 by (-1) and by 50% CPP overpayment you should receive from the CRA . . .	(amount)	24

   Email address

   Warning

   You have accepted the following terms and conditions: by providing an email address on the federal tax return, you are registering for online mail and authorizing the CRA to send email notifications when there is mail for the taxpayer to view on My Account. When you register for online mail, any notice and future correspondence eligible for online mail will no longer be mailed. Instead, the taxpayer will receive an email notification that there is mail to view on the My Account secure online service.

2. Error prevention report

   Federal:

   Email address

   You entered an email address but did not specify whether or not the taxpayer accept the terms and conditions for receiving the notice of assessment and notice of reassessment online. Use the keyword Email-Conditions to accept of not the terms and conditions.

   Ontario:

   ON428 Community food program donation tax credit for farmers

   You have used the keyword Optimize with the following option ON428 Community food program donation tax credit for farmers. In order to claim this credit, you have to include on line 340 of your federal Schedule 9 the corresponding amount of eligible charitable donations. For this purpose, make sure to associate the keyword Optimize with the option Charitable donations.

   Quebec:

   458 - Tax credit for home-support services for seniors

   Warning

   Senior citizens' residence

   You chose not to calculate Schedule J and let DT Max report the advanced payments from line 441 on line 458. Even if you meet all the conditions to make this choice, the taxpayer or the spouse (if applicable) are not considered as a "dependent senior". The family income is over $55,320, and the tax credit claimed on line 458 should be reduced by 3% of the amount by which the family income exceeds $55,320. You must change the option "Claim the tax credit for home-support (no calc)" made with the keyword Home-Support, select the option "Senior citizens' residence" and enter the necessary information.

6. New variables for the client letter

7. Notes and reminders

1. EFILE

   Important reminder

   Before transmitting any returns please verify that you have registered / renewed your Federal and, if applicable, Quebec EFILE Number. You should also verify that the EFILE Number and Password is properly reflected within your EFILE Setup and that the options selected within the EFILE Defaults reflect your desired preferences.

   If you act as a representative of the client, submit Quebec returns via EFILE and generate form TP-1000, the Quebec Ministry of Revenue will require a signature on Part 3 of the form even if you have already obtained one for the MR-69 form.

   Pre-bankruptcy return

   Please note that you must paper file CRA's Form DC905 prior to submitting a pre-bankruptcy return to the federal government via EFILE.

2. Demo database

   Please note that the demo database "DemoClients" should be used for demonstration and learning purposes only. Please create a new database for your actual client tax returns. This is especially important under Microsoft Vista.

3. Carryforwards

   As always, we recommend that you verify your carryforwards carefully before processing your client files.

8. Messages from the CRA

9. Messages from Revenu Québec

10. DT Max references (links to our Knowledge Base)

DT Max T3

1. Program certification

2. Version highlights

1. Federal Direct Deposit Request

   For 2014, DT Max users now have the possibility to start or change a direct deposit request for the T3 Federal tax return. This request can be made either on the federal form T3-DD, Direct Deposit Request for T3 or directly on the T3 Income Tax return, the T3M, Environmental Trust Income Tax Return, T3P, Employee's Pension Plan Income Tax Return or the T3-RCA, Retirement Compensation Arrangement (RCA) Part XI.3 Tax Return.

2. Lifetime Capital Gains Exemption

   The maximum Lifetime Capital Gains Exemption that can be claimed was increased from $500,000 to $750,000, effective March 19, 2007, as a result of the 2007 federal budget. The 2013 Federal Budget increased the LCGE amount to $800,000 for the 2014 tax year, and will be indexed in subsequent years for inflation. Due to this multi-level exemption, DT Max T3 has added options and dates in order to accurately apply the right exemption or to carry forward any reserves on dispositions of capital property.

3. Dividend Tax Credit

   The rates of the dividend tax credits applicable to the 2014 taxation year have been modified as a result of the federal, provincial and territorial budgets. The gross-up factor for non-eligible dividends received in 2014 and later years has been reduced from 25% to 18%, and the tax credit has been revised from 2/3 of the gross-up amount to 13/18 of the gross-up amount. This reduces the federal DTC rate from 13 1/3% of the grossed-up dividend to 11.017%.

   Consequently, where a testamentary trust's taxation year begins in 2013 and the trust received ordinary dividends in 2013, the gross-up rate and the tax credit rate applicable to 2013 must be used to calculate the amount of grossed-up ordinary dividends and the tax credit to which the trust is entitled for these dividends. However, all ordinary dividends that the trust allocates to beneficiaries for 2014 are deemed to have been received in 2014 by the beneficiaries, regardless of the year in which the trust received them.

   In order to differentiate between dividends received in 2013 and 2014, new keywords and new options were added.

4. New Brunswick Small Business Investor Tax Credit

   For 2014 and subsequent years, a Small Business Investor Tax Credit can be claimed for New Brunswick on form T3NB-SBI.

5. Information Return of the Beneficiary of a Designated Trust

   The TP-671.9 is a new form to be completed by the trust if it is a tax-liable beneficiary of a designated trust. The trust may be entitled to claim a tax credit on line 128 of the TP-646 Quebec Trust Income tax return.

6. Trust that becomes resident in Canada

   An inter vivos trust that becomes resident in Canada after March 19, 2012, is deemed to have disposed of, immediately before becoming resident in Canada, any specified immovable held at that time, for proceeds equal to the FMV of the immovable at that time, and to have reacquired the immovable at a price equal to the proceeds of disposition.

   Consequently, such a trust must include in its income tax return the taxable capital gain (or allowable capital loss) and the recapture of capital cost allowance (or the terminal loss) that may result from the deemed disposition.

   When the trust plans to sell the immovable at a later time, it must complete and send form TP-785.2.6-V, Notice of the Planned Disposition of a Specified Immovable Held by an Inter Vivos Trust at the Time the Trust Became Resident in Canada. In this way, Revenu Québec will know that the tax payable on the deemed disposition was paid and can issue the trust a compliance certificate.

7. New boxes added on the TP-646 Trust Income Tax Return for other income and other deductions.

   Revenu Québec has added new boxes for lines 61, 70 and 94 in order to enter the code that corresponds to the type of income or deduction. New keywords and options have been added to identify the type of income or deduction. These codes will be captured on the Quebec Keying summary, TPF-646.W.

8. Quebec Keying Summary

   A new signature line has been added to the Quebec TPF-646.W, Keying Summary for the Trust Income Tax Return. Therefore, as of 2014, Revenu Québec no longer requests the printed version of the TP-646, Trust Income Tax Return, its schedules or related forms whose data is contained in the keying summaries. The forms manager has been adjusted to reflect this modification.

9. 2015 income tax brackets

   All federal and provincial tax brackets have been updated in DT Max T3 for 2015. The rates are based on information available as of December 31st, 2014. Please refer to the DT Max Knowledge Base for additional details on the new federal and provincial tax brackets.

10. Optimization of the expense allocation

    An adjustment has been made to the allocation of expenses. As of 2014, expenses will be applied to offset any foreign income prior to any dividend income. This will allow the trust to claim a greater dividend tax credit.

3. Warning: verifying carryforwards

4. New forms

5. Revised forms

6. New keywords

1. For the new DirectDeposit keyword group, pertaining to the new start or change of the direct deposit request sections on federal tax returns:

   1. DirectDeposit : Request for direct deposit

      The keyword DirectDeposit allows the user to enter the necessary information required by the government for direct deposit of refund and credit cheques to the taxpayer's bank account.

      Do not complete this form if you already use the direct deposit service and the banking information has not changed.

      The direct deposit request will stay in effect until you change the information or cancel the service.

   2. Branch.dd : Branch number of financial institution (first account) (5-digit)

   3. FinanInst : Financial institution with 3-digit code (first account)

   4. AccountNum : Account number (first account)

   5. VOID-Cheque : Indicate whether a VOID cheque is attached

      Use the keyword VOID-Cheque to indicate whether a void cheque has been attached to the direct deposit request.

   6. T3-DD-Info : Direct deposit information

      Use the keyword T3-DD-Info to indicate whether the trust would like to start direct deposit or to change already existing banking information.

2. In the Cap-Reserves keyword group, pertaining to federal Schedule 2 and Quebec Schedule A:

   Reserve-BeginDate : Date on which the reserve was created

   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.

3. In the Partnership keyword group, pertaining to federal Schedule 8 and Quebec Schedule B:

   DIVIDEND-ACT-2013 : Actual amount of dividends other than eligible dividends received in 2013.

   Enter the actual amount of dividends received in 2013

4. In the keyword group Tax-Credits , pertaining to federal form T3NB-SBI, T3 New Brunswick Small Business Investor Tax Credit:

   1. SBITC : Small business investor tax credit

      Use 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.

   2. SBITC-CF : Carry forward of unused NB SBITC

      Use 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.

   3. SBITC-CB : Amount of unused NB SBITC to be carried back

      Use 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.

5. New keyword group for the trust to claim a tax credit as a designated beneficiary of a designated trust on Quebec form TP-671.9:

   1. TP-671-9 : Indicate whether the trust is a beneficiary of a designated trust

      Use 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.

   2. Designated-Trust : Name of designated trust

      Enter the name of the designated trust. A "designated trust" means any trust

      • that is resident in Canada, but outside Quebec, on the last day of its taxation year;
      • that can make a designation pursuant to subsection 104(13.1) or 104(13.2) of the federal Income Tax Act; and
      • that is not a unit trust.

   3. Identification-No : Identification number of designated trust

      Enter the identification number of the designated trust. This number will be captured on line 5c of the TP-671.9 form.

   4. Trustee-Name.dt : Name of trustee (if an individual, last name and first name)

      Enter the name of the trustee of the designated trust.

   5. SUBS104(13-1/13-2) : Amount designated under subsection 104(13.1)/104(13.2)

      Use the keyword SUBS104(13-1/13-2) 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.

   6. Tax-Payable : Tax payable by the trust

      Enter 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-671.9.

   7. Taxable-Income : Taxable income of the designated trust

      Enter 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.

   8. Beneficiary-Date : Date on which the trust became a beneficiary

      Enter the date on which the taxpayer became a beneficiary of the trust.

   9. Street.dt : Street number, name or P.O. Box

   10. Suite.dt : Apartment number

   11. City.dt : Name of city, town or municipality

   12. Province.dt : Province

   13. PostCode.dt : Postal code

   14. Address-Change : Whether the trustee's address changed during the year

   15. Street.dtf : Former street number, name or P.O. Box

   16. Suite.dtf : Former apartment number

   17. City.dtf : Former name of city, town or municipality

   18. Province.dtf : Former province

   19. PostCode.dtf : Former postal code

   20. Ceased.dtc : Whether the trustee ceased to act as trustee

       Use 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.

   21. Street.dtc : Street number, name or P.O. Box

   22. Suite.dtc : Apartment number

   23. City.dtc : Name of city, town or municipality

   24. Province.dtc : Province

   25. PostCode.dtc : Postal code

   26. Design-Ben-Cr : Tax credit claimed by trust as designated beneficiary of another trust

       Use 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.

6. In the CCA-Class section of the business group, pertaining to deemed dispositions of specified immovables for an inter vivos trust that becomes resident in Canada after March 19, 2012:

   NR-DeemDisp-QC : Deemed date of disposition

   Use the keyword NR-DeemDisp-QC to enter the date immediately before the trust becomes resident in Canada.

   An inter vivos trust that becomes resident in Canada after March 19, 2012, is deemed to have disposed of, immediately before becoming resident in Canada, any specified immovable that it owned at that time, for proceeds equal to the FMV of the immovable at that time.

   The capital gain arising from the deemed disposition will be declared on Schedule A of the Quebec trust return. A new capital cost for the specified immovable will be carried forward for Quebec.

7. New keyword group to retain the date and the amount of the deemed dispositions of specified immovables at the time of the inter vivos trust becoming a resident of Canada. This information is required to complete section 4 of the Quebec form TP-785.2.6:.

   1. Non-Resident-Hist : Date before trust became resident of Canada

      Use the keyword Non-Resident-Hist to enter the date of the deemed disposition of a specified immovable in a prior year. This date should be immediately before a specified trust became a resident in Canada and was required to declare a any capital gain on the deemed disposition on its specified immovable.

      This keyword will automatically be generated the year following a deemed disposition of a specified immovable. This information is required to complete form TP-785.2.6 when an inter vivos trust plans to dispose of a specified immovable it owned when it became a resident in Canada after March 19, 2012.

   2. Immov-Address.h : Address of specified immovable

      The keyword Immov-Address.h will automatically be generated in the taxation year following the deemed disposition of the specified immovable. All specified immovables held at the time the trust became resident in Canada will be listed with this keyword. This information will be captured on form TP-785.2.6 section 4 when there is a planned disposal of a specified immovable.

   3. Proceeds.hist : Proceeds of the deemed disposition

      The keyword Proceeds.hist will be automatically generated following the year in which there is a deemed disposition of a specified immovable due to an inter vivos trust becoming resident in Canada.

      The deemed proceeds should be equal to the FMV of the immovable at the time immediately before becoming resident in Canada.

      This information will be captured on the form TP-785.2.6 section 4, listing all the specified immovable held at the time the trust became resident in Canada.

   4. ACB-Disp.hist : Adjusted cost base of the deemed disposition

   5. Cap-GainOV.hist : Override of the capital gain on the deemed disposition

8. In the Business group, pertaining to the planned dispositions of specified immovables:

   Date-PlanDisp : Date of planned disposition

   Use the keyword Date-PlanDisp to enter the date of the planned disposition of the specified immovable.

9. New keyword group pertaining to the Quebec form TP-785.2.6:

   1. TP-785-2-6 : Indicate whether the TP-785.2.6 should be generated

      Where an inter vivos trust plans to sell a specified immovable after becoming resident in Canada, it must complete and send form TP-785.2.6, Notice of the Planned Disposition of a Specified Immovable Held by an Inter Vivos Trust at the Time the Trust Became Resident in Canada. This is to verify that the tax payable on the deemed disposition was paid, and a compliance certificate can be issued to the trust.

   2. Purchaser-Name : Name of purchaser (last name and first name, in the case of an individual)

      Use the keyword Purchaser-Name to enter each purchase. A separate notice will be completed for each purchaser and each disposition.

   3. NEQ.nr : Purchaser's Quebec enterprise number (NEQ)

   4. Ident-No.nr : Purchaser's identification number

   5. SIN.nr : Purchaser's social insurance number

   6. Street.nr : Street name and number of the purchaser

   7. City.nr : Name of the city

   8. Province.nr : Name of province

   9. PostCode.nr : Postal code

   10. Business-Id.r : Name or description of business

       Use the keyword Business-Id.r to enter the name of the business in which there is a planned disposition for purposes of the form TP-785.2.6. The name must be typed exactly the same way as it is in the keyword Business-Id in the Business group. DT Max will then retrieve the required information from the Business group to complete section 2, "Information about the specified immovable".

   11. Acquisition-Date : Date of acquisition of the specified immovable

       Use the keyword Acquisition-Date to enter the date the specified immovable was acquired. This information will be captured on the form TP-785.2.6.

10. New keywords in IncomeSource group to identify the type of other income:

    1. Additional-Inc : Additional income from a mutual fund trust

       The trust may include an amount on line 61 of the TP-646 return that is designated as additional income if, depending on the case:

       • it elected to have its taxation year end on December 15;
       • the trust is a mutual fund trust throughout the year and it makes no designation under subsection 104(13.1) or 104(13.2) of the Canada Income Tax Act.

       Any portion of the additional income that is designated in respect of a beneficiary during the taxation year must be reported on Schedule C, but the amount can only be deducted in the following year's tax return, on line 81.

    2. RRSP-RRIF : Income earned after death (RRSP or RRIF)

       Use the keyword RRSP-RRIF to enter the income earned after death from an RRSP or from an RRIF that appears in box K of the RL-2 slip.

11. New keyword for the InterestType group, pertaining to federal form T2210:

    BN-Insured : Business Number of the policyholder

    Use the keyword BN-Insured to enter the business number of the insured.

12. New keywords in the Trust keyword group. These keywords will appear when the trust is a non-profit organization and will apply the deduction to both the federal and Quebec trust income tax return.

    1. NPO-Deduction : Indicate whether the non-profit organization deduction applies

       Use the keyword NPO-Deduction to indicate whether the trust may claim in calculating its taxable income a $2,000 deduction granted to trusts created with respect to non-profit organization's property.

    2. Amount.npo : Amount of deduction to claim

       Use the keyword Amount.npo to enter the amount of deduction to claim in regards to non-profit organization's property. This amount will be entered on the federal trust return, line 54 and on the Quebec trust return on line 94.

13. Standalone keyword that can be used to modify the existing disclaimer:

    Disclaimer : Alternative disclaimer to print at the end of the tax return

    If the firm requires a different text for the disclaimer, use the Disclaimer keyword and enter the desired disclaimer statement. The user-defined disclaimer will then be printed on the tax return and business schedules instead of the disclaimer used by DT Max.

14. New keyword in the Business group, pertaining to the T2121, Statement of Fishing Activities:

    Accounting-Meth : Select the reporting method (cash method or the accrual method) of accounting of the fishing income.

15. New keyword in the Trust group required for the TP-646 box 7c:

    Estate : Indicate whether the trust is an estate

16. New keyword in the Trust group required for the TP-646 line 8:

    CODE-NUMBER-QC : Quebec code number that corresponds to the trust type

17. New keyword in the Trust group required for the TP-646 line 8a:

    Specify-Type : Specify type of personal trust

    Use the keyword Specify-Type to indicate the type of personal trust. This information is required for the Quebec TP-646 trust return.

7. Modified keywords

8. New options

1. For keyword DirectDeposit :

   Federal
   Federal (T3-DD)
   

2. For keyword T3-DD-Info :

   Start direct deposit
   Change banking information
   

3. For keyword Cap-Reserves , pertaining to Federal Schedule 2 and Quebec Schedule A:

   Qual. farm property (after 31/12/13)
   Qual. fishing prop. (after 31/12/13)
   

   In addition, please note that the following options have only changed their descriptions to be more specific:

   QSBCS (before 19/03/07)
   QSBCS (between 18/03/07 & 01/01/14)
   Qual. farm property (before 19/03/07)
   Qual. farm property (between 18/03/07 & 01/01/14)
   Qual. fishing prop. (before 19/03/07)
   Qual. fishing prop. (between 18/03/07 & 01/01/14)
   

4. For keywords Dividends in the IncomeSource group and for keyword Dividend.t in the T-Slip group, pertaining to federal Schedule 8 and Quebec Schedule B. A new option for dividends paid before July 1st, 2014 is required for the Newfoundland and Labrador provincial tax calculation of the dividends:

   Actual amount of ordinary dividends (received in 2013) (N.B.: This option will only apply for 2014)
   Actual amount of ordinary dividends (paid bef. July 1, 2014)
   Actual amount of eligible dividends (paid bef. July 1, 2014)
   

5. For keyword SUBS104(13-1/13-2) in the TP-671-9 keyword group:

   Subsection 104(13.1)
   Subsection 104(13.1) plus dividend gross-up
   Subsection 104(13.2)
   

6. For keyword Tax-Payable in the TP-671-9 keyword group:

   Quebec income tax
   Other province's income tax
   

7. For keyword Expenses.c , in the Total-Inc-Ded keyword group:

   Designated employee benefits payable

8. For keywords Renunciation , Assistance , Resource-Add and Resource-Ass in the Partnership group:

   QEE - Quebec exploration expenses (10%)
   QEE-SM - Que. surface mining expl. exp. (10%)
   QEE-OG - Que. oil & gas expl. expenses (10%)
   QEE not entitled to additional deduction
   Quebec renewable and conservation expenses
   Quebec development expenses
   

9. Extensive modifications were made to the options for the keyword ITC in order to reflect the changes on federal form T2038:

   [6712] ITC at 15% Qualified expenditures for SR&ED
   [6715] ITC at 15% Contr. made to agricultur. org. for SR&ED
   [6725] ITC from a partnership for SR&ED
   [6714] ITC at 10% Investments in qualified property
   [6714] ITC at 10% Qualified resource property (relief rate)
   [6723] ITC at 5% Qualified resource property
   [6717] ITC at 15% Flow-through mining expenditures
   [6718] ITC at 10% Apprenticeship job creation
   [6719] ITC at 25% Investment for child care spaces
   [6726] Recapture - ITC on SR&ED expenditures at 15%
   [6713] Recapture - ITC on SR&ED expenditures at 20%
   [6730] Recapture - ITC for child care spaces at 25%
   

10. For keyword Amount.OV , under the keyword Allocation-OV of the Beneficiary group:

    Eligible death benefit exemption

11. For keyword Footnote.s in the Partnership keyword group. This information is required for minimum tax purposes:

    Income from property from Class 43.1 or 43.2

12. For keyword NonCapLossAdjust , in the Minimum-Tax keyword group. This information will be captured on the Quebec TP-776.47, Alternative minimum tax of a trust:

    Loss sustained after 1994 by a partnership with an election

13. For keyword Accounting-Meth , pertaining to federal form T2121, Statement of Fishing Activities:

    Cash method
    Accrual method
    

14. For the printing of the DT Impressions' cover pages. In order to print the cover pages, the style of page desired must be chosen in Preferences/Printing options/:

    Do not print
    Alternate
    Stacked
    Landscape
    

DT Impressions

1. DT Impressions