What's new for T3/T5013 Internet version 21.05?

The latest DT Max program update is now available for downloading. It features the T3/TP-646 program for the tax years ending from 2006 to 2017 inclusively. It also features the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending from 2013 to 2017. Installing this version will update your version of DT Max to 21.05.

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

In this version...

DT Max T3

1. Program certification
2. New feature: electronic filing of the T3 return
3. Version highlights/Tax changes
   1. Reduction of the general tax rate for SIFT trusts
   2. Monthly calculation of instalments for SIFT trusts
   3. New rules applicable to the principal residence of a trust
   4. Partial increase in the rate of the tax credit for donations and gifts
4. Message from the CRA: consolidation of tax centres
5. New forms
6. Revised forms
7. New diagnostics
   1. Notes and diagnostics
8. New keywords
9. New options
10. Revised options
11. Deleted options

DT Max T5013

1. Program certification
2. Version highlights
   1. New federal partner code 10 for registered charities and registered Canadian amateur athletic associations
   2. T661: Increase of pensionable earnings
   3. Change affecting the cumulative eligible capital (CEC) deduction
3. New forms and related keywords
4. Revised forms
5. New keywords
6. Deleted keywords
7. New options
8. Deleted options

DT Max T3

1. Program certification

   DT Max T3 is certified under the following authorization numbers:

   Paper filing

   Federal schedules: CRA-17-501

   Quebec schedules: RQIF-1701

   Federal slips: RC-17-119

   Quebec slips: FS1616029

   In addition, this version has received full CRA certification for the 2D barcode on federal form T1013, Authorizing or Cancelling a Representative.

   Electronic filing

   Quebec RL-16 slip: RQ-17-16-002

2. New feature: electronic filing of the T3 return

   DT Max introduces the electronic filing of the T3 Trust Income Tax and Information Return. In January 2018, you will be able to electronically file the T3 return if the trust has no taxable income, no tax payable, and no refundable credits. The CRA is already looking into ways of expanding this service to include taxable returns. The filing method continues to be Internet File Transfer, the same method used when introducing electronic filing of the ten T3 "Special" tax returns last year.

   Please note that the ability to transmit the T3 return has resulted in a change in how the Federal status "EFILE acknowledgement OK" functions. In the past, this status was based on the Progress keyword and the option "Efile Acknowledgement - Federal original T3 slips". Now the status is based on the option "Efile Acknowledgement - Federal T3 return".

   This change will only take effect when calculating a new client file.

   Any previous clients displaying the status "EFILE acknowledgement OK" will continue to do so, unless you specifically reset their status to "Data OK" and recalculate the file.

   The status "EFILE acknowledgement OK" can always be displayed, on the Client List, through the Progress keyword and the option "Efile Acknowledgement - Federal T3 return".

   If you cannot electronically submit a T3 return and its original slips, due to a CRA exclusion, then we would recommend that you submit only the T3 original slips through the keyword Efile-Federal .

   As a majority of T3 returns will fall within CRA's stated exclusions, you may want to consider electronically submitting the T3 original slips separately from the return.

3. Version highlights/Tax changes

   1. Reduction of the general tax rate for SIFT trusts

      Starting in 2017, the general corporation tax rate is being gradually reduced. The current rate of 11.9% is reduced to 11.8% in 2017, 11.7% in 2018, 11.6% in 2019 and 11.5% in 2020. The rate reductions take effect on January 1 of each year. These new rates are reflected in Schedule E - Income Tax on the Taxable Distribution Amount and Calculation of Eligible Dividends to Be Designated.

   2. Monthly calculation of instalments for SIFT trusts

      A specified investment flow-through trust (SIFT trust) must calculate and make instalment payments of income tax as if it were a public corporation. As such, SIFT trusts must make instalment payments on a monthly basis, by the last day of each month.

      DT Max T3 will automatically calculate the monthly instalments if the income tax payable for the year and the previous year both exceed $3,000.

   3. New rules applicable to the principal residence of a trust

      As of 2017, to be eligible for the principal residence exemption, trusts must meet additional eligibility criteria. In order to designate a residence as a principal residence, the trust must be a qualified trust as outlined in the T4013, T3 Trust Guide and the TP-646.G, Guide to Filing the Trust Income Tax Return.

      In DT Max T3, if a trust is a qualified trust, the keyword Qualified-Trust.cg must be entered when there is a disposition of a principal residence.

   4. Partial increase in the rate of the tax credit for donations and gifts

      As of 2017, the total amount of the tax credit for donations and gifts that a trust other than a graduated rate succession or a qualified disability trust can claim for a taxation year is equal to:

      • 20% of the lesser of $200 and the trust's total eligible donations and gifts for the year; and

      • 25.75% of the amount by which the trust's total eligible donations and gifts for the year exceeds $200.

      The total amount of the tax credit for donations and gifts that a graduated rate succession or a qualified disability trust can claim for a taxation year is equal to:

      • 20% of the lesser of $200 and the trust's total eligible donations and gifts for the year; and

      • 25.75% of the lesser of the following amounts:

        • the amount by which the trust's total eligible donations and gifts for the year exceeds $200,

        • the amount by which the trust's total income for the year (line 99 of the return) exceeds the threshold of the fourth income tax bracket for the year;

      • 24% of the amount by which the trust's total eligible donations and gifts for the year exceeds the aggregate of $200 and the amount of donations and gifts to which the rate of 25.75% applies.

4. Message from the CRA: consolidation of tax centres

   Under the CRA's service renewal initiative, there has been a consolidation of their tax centres. The processing of the T3 Trust Income Tax and Information Returns is divided between the Winnipeg Tax Centre and Sudbury Tax Centre as outlined below:

   If the trustee address is based in:

   Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, and the remainder of the province of Quebec not listed under the Winnipeg Tax Centre, send the return to:

   Sudbury Tax Centre
   T3 Trust Returns Program
   1050 Notre Dame Avenue
   Sudbury ON  P3A 6C2
   

   If the trustee address is based in:

   Manitoba, Saskatchewan, Alberta, British Columbia, Northwest Territories, Yukon, Nunavut, Laval Quebec, Montreal Quebec, Sherbrooke Quebec, and non-resident trusts and deemed resident in Canada, send the return to:

   Winnipeg Tax Centre
   T3 Trust Returns Program
   Post Office Box 14003, Station Main
   Winnipeg, Manitoba  R3C 0N8
   

   To determine where to mail other trust forms, see DT Max's assembly instructions or click on the link: here

5. New forms

   Federal

   • RC199 - Voluntary Disclosures Program (VDP) Taxpayer Agreement

   Quebec

   • LM-15 - Voluntary Disclosure

6. Revised forms

   Federal

   • T3 - Trust Income Tax Return

   • Schedule 1 - Dispositions of Capital Property

   • Schedule 1A - Capital Gains on Gifts of Certain Capital Property

   • Schedule 2 - Reserves on Dispositions of Capital Property

   • Schedule 3 - Eligible Taxable Capital Gains

   • Schedule 4 - Cumulative Net Investment Loss

   • Schedule 7 - Pension Income Allocations and Designations

   • Schedule 8 - Investment Income, Carrying Charges, and Gross-up Amount of Dividends Retained by the Trust

   • Schedule 9 - Income Allocations and Designations to Beneficiaries

   • Schedule 10 - Part XII.2 Tax and Part XIII Non-Resident Withholding Tax

   • Schedule 11 - Federal Income Tax

   • Schedule 11A - Donations and Gifts Tax Credit Calculation

   • Schedule 12 - Minimum Tax

   • All provincial tax calculation schedules (T3AB, T3MB, T3NB...)

   • NR4 Slip - Statement of Amounts Paid or Credited to Non-Residents of Canada

   • NR4 Summary - Summary of Amounts Paid or Credited to Non-Residents of Canada

   • T3 Slip - Statement of Trust Income Allocations and Designations

   • T3 Summary - Summary of Trust Income Allocations and Designations

   • T3A - Request for Loss Carryback by a Trust

   • T3-ADJ - T3 Adjustment Request

   • T3APP - Application for Trust Account Number

   • T3-DD - Direct Deposit Request for T3

   • T3FFT - T3 Federal Foreign Tax Credit

   • T3PFT - T3 Provincial or Territorial Foreign Tax Credit

   • T3QDT - Joint Election for a Trust to be a Qualified Disability Trust

   • T3QDT-WS - Recovery Tax Worksheet

   • T3-RCA - Retirement Compensation Agreement (RCA) Part XI.3 Return

   • T3M - Environmental Trust Income Tax Return

   • T3P - Employees' Pension Plan Income Tax Return

   • T184 - 2017 Capital Gains Refund to a Mutual Fund Trust

   • T776 - Statement of Real Estate Rentals

   • T1013 - Authorizing or Cancelling a Representative

   • T1055 - Summary of Deemed Dispositions

   • T1079 - Designation of a Property as a Principal Residence by a Personal Trust

   • T1079-WS - Principal Residence Worksheet

   • T1134 - Information Return Relating to Controlled and Not-Controlled Foreign Affiliates

   • T1135 - Foreign Income Verification Statement

   • T1139 - Reconciliation of 2017 Business Income for Tax Purposes

   • T1141 - Information Return in Respect of Contributions to Non-Resident Trusts, Arrangements or Entities (2007 and later taxation years) T1141 Summary Form

   • T1142 - Information Return in Respect of Distributions From and Indebtedness to a Non-Resident Trust T1142 Summary Form

   • T1163 - Statement A - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals

   • T1164 - Statement B - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations

   • T1172 - Additional Tax on Accumulated Income Payments from RESPs

   • T1175 - 2017 farming - Calculation of Capital Cost Allowance (CCA) and Business-Use-of-Home Expenses

   • T1273 - Statement A - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals

   • T1274 - Statement B - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations

   • T2038 - Investment Tax Credit

   • T2042 - Statement of Farming Activities

   • T2121 - Statement of Fishing Activities

   • T2125 - Statement of Business or Professional Activities

   Quebec

   • TP-646 - Trust Income Tax Return

   • TP-646.1 - Trust Information Return

   • Schedule A - Taxable Capital Gains and Designated Net Taxable Capital Gains

   • Schedule B - Investment Income, Gross-Up of Dividends Not Designated and Adjustment of Investment Expenses

   • Schedule C - Summary of Allocations and Designations

   • Schedule D - Carry-Back of a Loss

   • Schedule E - Income Tax on the Taxable Distributions Amount and Calculation of Eligible Dividends to Be Designated

   • Schedule F - Income Tax Payable by a Specified Trust for a Specified Immovable

   • Schedule G - Additional Information: Trust Resident in Québec That Owns a Specified Immovable

   • Schedule H - Recovery Tax - Qualified Disability Trust

   • TP-646.W - Keying Summary for the Trust Income Tax Return

   • TP-646.X - Keying Summary for Schedules A, F and G of the Trust Income Tax Return

   • TP-646.Y - Keying Summary for Forms TP-80 and TP-128.F filed with the Trust Income Tax Return

   • TP-646.Z - Keying Summary for Forms Filed with the Trust Income Tax Return

   • RL-16 Slip

   • TP-80 - Business or Professional Income and Expenses

   • TP-80.1 - Calculation of Business or Professional Income, Adjusted to December 31

   • TP-274.F - Designation of Property as a Principal Residence of a Personal Trust

   • TP-274.S - Reduction of the Capital Gain Deemed to Have Been Realized on a Principal Residence

   • TP-653 - Deemed Sale applicable to certain trusts

   • TP-668.1 - Taxable Capital Gains of a Trust That Give Entitlement to a Deduction

   • TP-726.30 - Income Averaging for Forest Producers

   • TP-750 - Income Tax Payable by a Trust Resident in Quebec That Carries on a Business in Canada, Ouside Quebec, or by a Trust Resident in Canada, Outside Quebec, That Carries on a Business in Quebec

   • TP-772 - Foreign Tax Credit

   • TP-776.42.F - Alternative Minimum Tax of a Trust

   • TP-1012.B - Carry-Back of a Deduction or Tax Credit

   • TP-1129.53 - Income Tax Return for Environmental Trusts

   • T1163(Q) - Statement A - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals

   • T1164(Q) - Statement B - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations

   • T1175(Q) - 2017 farming - Calculation of Capital Cost Allowance (CCA) and Business-Use-of-Home Expenses

   • T1273(Q) - Statement A - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals

   • T1274(Q) - Statement B - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations

   • T2042(Q) - Statement of Farming Activities

   • T2121(Q) - Statement of Fishing Activities

   In-house forms

   • Federal Worksheet

   • Quebec Worksheet

   • Income Tax Payable by a Non-Resident Trust that has Taxable Income in Quebec

   • Notes and Diagnostics

   • Assembly Instructions

   • Instalments (Federal)

   • Instalments (Quebec)

   • Invoice

   • Client Letter

7. New diagnostics

   1. Notes and diagnostics

      Federal - Schedule 10

      Taxable capital gains and/or allowable capital losses have been entered on Schedule 10, line 10050. Please verify that the amount qualifies as specified income. Use keyword Specified-Inc.nr to modify the amount.

8. New keywords

   1. In the Instal-Paid group, with regards to the new SIFT monthly instalments:

      1. Amount.instal : Total and monthly amounts of instalments paid

         Use the keyword Amount.instal to enter the total amount of instalments paid to the CRA and Revenu Québec for the tax year, as well as any monthly payments that have been made for the following tax year.

      2. Instal-Rec : Instalments recommended

         Because of anticipated changes in your client's income for the coming year, you may prefer to recommend the amount of instalments that should be made. Enter such recommended amounts using the keyword Instal-Rec . These will override DT Max's calculated amounts on the instalment schedule.

   2. In the new keyword group PartXII-2-Tax , with respect to federal Schedule 10:

      1. PartXII-2-Tax : Whether Part XII.2 tax applies

         Use the keyword PartXII-2-Tax to enter additional information required to calculate Part XII.2 tax.

      2. Specified-Inc.nr : Specified income

         Use the keyword Specified-Inc.nr to enter the specified income required to calculate Part XII.2 tax and the refundable tax credit.

         DT Max will automatically enter on line 10050 the taxable capital gains calculated on Schedule 1. Use this keyword to limit the taxable capital gains coming from the disposition of certain properties.

   3. In the new keyword group Voluntary-Disclose , pertaining to federal form RC199 and Quebec form LM-15:

      1. Voluntary-Disclose : Jurisdictions for which a voluntary disclosure is needed

         Use the keyword Voluntary-Disclose to indicate for which jurisdictions a voluntary disclosure form must be generated.

         The Voluntary Disclosure Program (VDP) promotes compliance with Canada's tax laws by encouraging taxpayers to voluntarily come forward and correct previous omissions in their dealings with the CRA or Revenu Québec. Taxpayers who make a valid disclosure will have to pay the taxes or charges plus interest, without penalty or prosecution that the taxpayer would otherwise be subject to.

      2. DISCLOSURE-METHOD : Disclosure method (Named or No-Name)

         Use the keyword DISCLOSURE-METHOD to indicate the method used for the disclosure that will be submitted. Each method includes the same consideration and review of all relevant information, however it is the timing of the identification of the taxpayer that differs in the two methods.

      3. Taxpayer-Id.vdp : Other taxpayer information

         Use the keyword Taxpayer-Id.vdp if other information for the taxpayer identification is required. Information entered in this group will be captured on the form regardless of the disclosure method used.

      4. Authorization-Form : Information on authorization form (if applicable)

         Use the keyword Authorization-Form to indicate whether the T1013 and/or MR69 is (are) attached or is (are) already on file with the respective governments.

         If the option "Form attached" is chosen, the information for the authorized representative will be captured directly from the T1013 or MR-69. No further data entry is required.

         If the option "Form on file" applies, then it may be necessary to enter the representative's identification information if the authorized person is not the tax preparer. If the authorized person is the tax preparer, the information will be captured from the Preferences menu.

      5. Legal-Rep-Name.vdp : Legal name of the authorized representative

         Use the keyword Legal-Rep-Name.vdp to enter the legal name of the authorized representative.

      6. Street.vdp : Name of street

      7. Suite.vdp : Suite number

      8. City.vdp : Name of the city

      9. Province.vdp : Name of the province

      10. Postal-Code.vdp : Postal code

      11. State.vdp : Name of the state

      12. Zip-Code.vdp : U.S.A. zip code

      13. For-Post-Code.vdp : Postal code for mailing address outside of Canada

      14. Country.vdp : Name of the country (if other than Canada)

      15. Telephone.vdp : Home phone number [e.g.(123) 456-7890]

      16. Phone-Office.vdp : Work phone number [e.g. (123) 456-7890]

      17. Extension.vdp : Telephone extension number of representative

      18. Cell-Phone.vdp : Cellular phone number [e.g. (123) 456-7890]

      19. Fax.vdp : Fax number

      20. Email.vdp : Email address

      21. Disclosure-Info : Disclosure information required

          Use the keyword Disclosure-Info to complete the required questions so that the government may review the details of the disclosure submission.

          To assist in completing this information, refer to Information Circular IC00-1R

      22. Return-Type.vdp : Type of return being disclosed

          Use the keyword Return-Type.vdp to enter the type of return being disclosed. This information will be captured in question 9 of form RC199.

      23. Specify.vdp : Specify the type of income involved

          Use the keyword Specify.vdp to provide details concerning the type of income involved or the type of omission (unreported business income, investment income, pension income, capital gain, unremitted GST/HST/QST, etc.).

          This information will be entered on form RC199, question 7.

      24. Financial-InstName : Name of financial institution

          Use the keyword Financial-InstName to enter the name of the financial institution for any assets or income held in a foreign account which were not reported.

          This information will be captured on form LM-15, section 3.5 Unreported foreign assets and income.

      25. Country.vd : Country of foreign financial institution

          Use the keyword Country.vd to enter the country of the foreign financial institution.

      26. Account-Info.vd : Dates applicable to the foreign account

          Use the keyword Account-Info.vd to enter the date in which the foreign investment account was opened and the date the first investment or transfer was made to the account.

      27. Account-Balance.vd : Account balance as of the date form LM-15 is filed

          Use the keyword Account-Balance.vd to enter the account balance, in Canadian dollars, on December 31 of the year preceding the year in which the voluntary disclosure file was opened.

      28. QC-Non-Tax-Details : Details of non-taxable income in Quebec

          Use the keyword QC-Non-Tax-Details if any of the amounts entered were already taxed in Quebec or are non-taxable in Quebec. List them, state why they are not taxable and identify the supporting documents that will be provided.

      29. OtherForeignDetail : Foreign assets or income not held in an account

          Use the keyword OtherForeignDetail if assets or income other than those held in an account were invested or earned in a foreign country and were not reported. Give all details about them and list the supporting documents that will be provided.

      30. Payment-Amount.vdp : Payment of the amounts covered by the disclosure

          Use the keyword Payment-Amount.vdp to enter the payment of the amounts covered by the disclosure. The payment must be made by cheque or money order.

      31. TaxYear-Period.vdp : Breakdown of taxation years or periods

          Use the keyword TaxYear-Period.vdp to enter the breakdown of taxation years or the reporting periods. This information will be captured in Question 8 of form RC199 and in part 3.4 of Quebec form LM-15.

      32. Default-Type.vdp : Type of default

          Use the keyword Default-Type.vdp to indicate the type of default (unreported business income, uncollected and unremitted consumption taxes, etc.). This information will be captured in Question 7 of form RC199 and in part 3.4 of Quebec form LM-15.

      33. Amount-Due.vdp : Estimated amount due

          Use the keyword Amount-Due.vdp to enter the estimated amount due for the taxation year or reporting period. This information will be captured in Question 8 of form RC199 and in part 3.4 of Quebec form LM-15.

      34. Details.vdp : Details of disclosure information

          Use the keyword Details.vdp to enter any disclosure information that may be required.

      35. SIN.vdp : Taxpayer's social insurance number

          Use the keyword SIN.vdp to enter the taxpayer's social insurance number. This information will be captured on federal form RC199 Section I, Taxpayer identification and Quebec form LM-15, Part 1, Information about the person making the disclosure.

      36. Business-No.vdp : Business number

          Use the keyword Business-No.vdp to enter the business number.

      37. GST.vdp : GST registration number (15 characters) (123456789RT0001)

          Use the keyword GST.vdp to enter the GST registration number.

      38. Non-Resident.vdp : Non-resident account number

          Use the keyword Non-Resident.vdp to enter the taxpayer's non resident account number. This information will be captured on form RC199 in Section I - Taxpayer identification.

      39. Individual-Tax-No : Individual tax number

          Use the keyword Individual-Tax-No to enter the taxpayer's individual tax number. An individual tax number (ITN) is a nine-digit number issued to non-resident individuals who need an identification number but who are not eligible to obtain a social insurance number.

          This information will be captured on form RC199 in Section I - Taxpayer identification.

      40. Other-CRA.vdp : Other CRA information

          Use the keyword Other-CRA.vdp to enter information in Section I - Taxpayer identification of the RC199.

      41. Date.vdp : Date of required information

          Use the keyword Date.vdp to indicate the date for the required information.

      42. Gender.vdp : Gender of taxpayer

          Use the keyword Gender.vdp to tick the appropriate box on form RC199 and LM-15 for the taxpayer's gender.

      43. Amount.vdp : Payment amount

          Use the keyword Amount.vdp to enter the payment enclosed of the amounts covered by the disclosure.

      44. Explanation.vdp : Explanation of payment amount

          Use the keyword Explanation.vdp to explain why a partial payment or no payment is enclosed.

      45. Disclosure-Amt.vdp : Amount disclosed for each taxation period

          Use the keyword Disclosure-Amt.vdp to enter the amount being disclosed for each taxation year or period.

          This amount will be entered on form RC199 in Section III, question 8.

      46. Fact-Summary.vdp : Summary of facts

          Use the keyword Fact-Summary.vdp to briefly describe the facts that gave rise to the situation to be rectified and the resulting consequences. Use this keyword to provide the information requested in sections 3.1 and 3.2 of form LM-15.

   4. In the CapitalProp keyword group, regarding the principal residence exemption on form TP-274.F:

      1. Property-2016.c : Property owned on December 31, 2016

         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.

      2. Qualified-Trust.cg : Whether trust is a qualified trust for the principal residence exemption

         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.

      3. Years.res4 : Taxation years that the residence is designated as the principal residence

         Use the keyword Years.res4 to enter the period of taxation years during which the residence is designated as the principal residence.

   5. In the Business keyword group, pertaining to federal form T776, Statement of Real Estate Rentals:

      1. BUSINESS-NAME.B : Business name for rental property

         Use BUSINESS-NAME.B to enter the business name for the rental property.

      2. BUSINESS-NO.B : Business number

         Use BUSINESS-NO.B to enter the number to be captured on the rental schedule T776, as the business number.

      3. BUSINESS-ADDRESS.B : Business address

         Use BUSINESS-ADDRESS.B to indicate what address is to be captured on the rental schedule T776, as the business address.

   6. In the new subgroup BUSINESS-ADDRESS.B of the Business keyword group, pertaining to federal form T776, Statement of Real Estate Rentals:

      1. Street.b : Address of business

         Use Street.b to enter the address of the business for rental property.

      2. City.b : City of business

         Use City.b to enter the name of the city of the business.

      3. Province.b : Province of business

         Use Province.b to enter the province of the business.

      4. Postal-Code.b : Postal code of business [A1B 2C3]

         Use Postal-Code.b to enter the postal code for the business.

   7. In the subgroup Forest-Average of the Business group, for the calculation of the income averaging for forest producers on Quebec form TP-726.30:

      1. ForestAver-Balance : Year and balance amount for income-averaging for forest producers

         Year and balance amount deducted for income-averaging for forest producers.

   8. In the Trust-Hist keyword group, respecting the recovery tax for qualified disability trusts:

      1. PROVTAXPAYABLE.H : Provincial or territorial tax paid prior year (l. 82)

         Historical information for previous tax years should be entered by the user for each new client. DT Max will generate the information of the provincial or territorial tax paid and carry it forward. This keyword will be used to calculate the recovery tax on form T3QDT-WS.

      2. QC-TaxPayable.h : Actual Quebec tax paid for the prior year (line 150)

         Historical information for previous tax years should be entered by the user for each new client. DT Max will generate the information of the Quebec tax paid and carry it forward. This keyword will be used to calculate the recovery tax on Schedule H.

   9. In the T3-Slip subgroup, within the Beneficiary keyword group, for efile purposes only:

      1. Amendment-Note : Explanation for amended T3 slip - efile only

         Use the keyword Amendment-Note to provide an explanation for the amended T3 slip. This is used for efile purposes only.

   10. Standalone keyword to generate a watermark:

       1. Amended : Text to appear as watermark on each page of the return

          Use the keyword Amended to enter the text you wish to see appear as a watermark on each page of the return.

   11. In the Business group relating to the home office expenses:

       1. Home-%Share : Percentage share of business use of the home to claim (Fed L.9945), Q (TP-80 L.527)

          Indicate the percentage(%) share of business use of the home to claim.

   12. In the CCA-Class subgroup within the Business keyword group:

       1. QueAddDeduction : Supplementary deduction of 35% on the CCA deducted (Quebec only)

          A taxpayer will be entitled to the allowance for two taxation years: the taxation year in which the property is first put to use and the taxation year following that year.

          The base amount of the allowance will correspond, for a taxation year, to an amount equal to 35% of the amount deducted as depreciation by the taxpayer in calculating income for the year in respect of the capital cost allowance class to which the taxpayer's qualified property belongs.

          (For more details about the tax implications pertaining to the use of this keyword, you may refer to the manual description available in DT Max via Ctrl+F8.)

9. New options

   1. For keyword Trust-Info :

      Lifetime beneficiary of the trust died in the year (Fed Q5)
      Trust ceased to be considered a QDT (QC Q27.1)
      Holds public corp shares, elects to defer tax pmt(QC Q30)
      

   2. For the keyword Amount.instal :

      Instalments for:
      January
      February
      March
      April
      May
      June
      July
      August
      September
      October
      November
      December
      

   3. For the keyword DISCLOSURE-METHOD :

      Named disclosure
      No-name disclosure
      

   4. For the keyword Disclosure-Info :

      Information being disclosed at least 1 year past due
      Disclosure involves potential application of a penalty
      Disclosure is voluntary
      Aware of enforcement action by CRA, per Parag.32 (IC00-1R)
      Enforcement action has begun which impacts this disclosure
      All facts and documentation are included with submission
      Type of income involved
      Breakdown of taxation years or periods and amounts
      Not the first time making a voluntary disclosure (QC)
      Difficulty in determining the periods of omission (QC)
      Difficulty in determining the duties payable (QC)
      Difficulty in determining the relevant legal provis. (QC)
      Impediments to the availability of documentary evidence(QC)
      

   5. For the keyword Return-Type.vdp :

      Personal income tax
      Corporate income tax
      Trust income tax
      Source deductions and employer contributions
      GST/HST
      QST
      T5
      Non-resident
      Information return
      Other (specify)
      

   6. For the keyword Authorization-Form :

      Form attached
      Form on file
      Not applicable
      

   7. For the keyword Taxpayer-Id.vdp :

      Other information

   8. For the keyword Date.vdp :

      Date of birth
      Date of death
      Date activities began
      Date became resident in Quebec
      

   9. For the keyword Gender.vdp :

      Female
      Male
      

   10. For the keyword Account-Info.vd :

       Year account was opened
       Year of first deposit or transfer into the account
       

   11. For the keyword Legal-Rep-Name.vdp :

       Tax preparer
       Other representative (specify)
       

   12. For the keyword Specified-Inc.nr :

       Net income(loss) from timber resource properties
       Net inc.(loss) from Canadian resource properties after 1971
       Taxable cap. gains & capital losses of certain properties
       

   13. For the keyword Trust-Type :

       TFSA - Qualified Investments

       In addition, please note that code 319 will now be entered when selecting "Registered education savings plan (RESP)” for the keyword Trust-Type .

   14. For the keyword Progress :

       Efile acknowledgement - Federal T3 return
       Efile acknowledgement - Federal T3 return (Hist)
       

   15. For the keyword Efile-Federal :

       T3 Return and original T3 slips
       T3 Return
       

   16. For the keyword Designation.res :

       Period after 2016 to current year

   17. For the new keyword Property-2016.c :

       Cap. expenditures made after 1981 and before 2017 (TP274.F)
       Adjusted cost base on December 31, 2016
       Fair market value on December 31, 2016
       Capital expenditures made after 2016 (TP274.F)
       

   18. For the new keyword Amended :

       Amended
       Other
       

   19. For the new keyword BUSINESS-NAME.B :

       Business Id
       Other (specify)
       

   20. For the new keyword BUSINESS-ADDRESS.B :

       Trustee's address
       Rental address
       Other
       

   21. For the keyword Additional-Ref :

       Additional refund of surtax in 2009 to 2015
       Additional refund of surtax after 2015
       

10. Revised options

    1. For the keyword Designation.res :

       Period after 1981 and before 2017

11. Deleted options

    1. For the keyword Lump-sum-Pmt :

       DPSP accrued to 31/12/71 election under s.40

DT Max T5013

1. Program certification

   DT Max T5013 is certified for paper filing under the following authorization numbers:

   Federal:

   T5013-FIN and schedules: RC-17-P001

   Quebec:

   TP-600 and schedules: RQSP-1703
   RL-15 slip: FS1715006
   MR-69: Version 21.05 has undergone an authorization process with Revenu Québec and has been approved under number RQ16-MR69-201405-SP003.

   DT Max T5013 is certified for electronic filing under the following authorization numbers:

   Federal: RC-17-P001
   Quebec slips: RQ-17-15-001
   

   Please note that the CRA no longer certifies the T5013 slip and T5013 SUM.

2. Version highlights

   1. New federal partner code 10 for registered charities and registered Canadian amateur athletic associations

      Registered charities and Canadian amateur athletic associations are now designated as partner code 10 on Schedule 50.

   2. T661: Increase of pensionable earnings

      Please note that for federal form T661, Scientific Research and Experimental Development (SR&ED) Expenditures Claim, the pensionable earnings for 2018 have increased from $55,300 to $55,900.

   3. Change affecting the cumulative eligible capital (CEC) deduction

      For the keyword CCA-Class , "Class 14.1 - 5% DB (after December 31, 2016)" has been deleted. The data that has been entered with this option will need to be re-entered in CCA-Class using the option "CEC (before 2017)/Class 14.1 - 7% (after 2016)" or "CEC farm/fish (before 2017)/Class 14.1 - 5% (after 2016)".

3. New forms and related keywords

   Federal

   • Statement of Real Estate Rentals

     In the IncomeSource group, choose the option "Rental property income - detailed information".

   Quebec

   • Statement of Real Estate Rentals (Quebec)

     In the IncomeSource group, choose the option "Rental property income - detailed information".

4. Revised forms

   Federal

   • T5013-FIN - Partnership Financial Return

   • Schedule 1 - Net Income (Loss) for Income Tax Purposes

   • Schedule 2 - Charitable Donations, Gifts and Political Contributions

   • Schedule 6 - Summary of Dispositions of Capital Property

   • Schedule 50 - Partner's Ownership and Account Activity

   • T106 - Information Return of Non-arm's Length Transactions with Non-residents

   • T1135 - Foreign Income Verification Statement

   • T2060 - Election for Disposition of Property Upon Cessation of a Partnership

   • T5013-INST - Statement of Partnership Income - Instructions for Recipient

   Quebec

   • TP-600 - Partnership Information Return

   • Schedule A - Partners' Interests and At-Risk Amounts

   • Schedule B - Capital Cost Allowance (CCA)

   • Schedule C - Incorporeal Capital Property

   • Schedule D - Member Corporations' Shares of Paid-Up Capital

   • Schedule E - Summary of Certain Information to Enter on RL-15 Slips

   • Schedule F - Net Income for Income Tax Purposes

   • RL-15 slip - Amounts Allocated to the Members of a Partnership

5. New keywords

   1. In the Partners group , pertaining to the RL-15 slip:

      1. At-Risk-Adjust : At-risk adjustment QC box 54

         Use the keyword At-Risk-Adjust to enter the at-risk adjustment. This amount will appear on box 54 of the RL-15 slip.

   2. In the Partners group , pertaining to federal electronic filing:

      1. Amendment-Note : Explanation of changes - efile only

         Use the keyword Amendment-Note to provide an explanation of changes when efiling.

   3. In the Consent group pertaining to the Quebec MR-69:

      1. LastName.e : Last name of the individual

         Use this keyword to enter the last name of the individual.

      2. Firm-Name.e : Name of representing firm

         Use this keyword to enter the name of the firm that is the representative of the partnership.

   4. In the IncomeSource group, pertaining to the new Statement of Real Estate Rentals:

      1. Sequence.i : Rental sequence number

         The keyword Sequence.i is used to link CCA-Class keyword groups to a particular rental property. Please begin with the number 1 and increment it by 1 for each additional rental property. In the CCA-Class keyword groups, choose "Yes" for the keyword RentalProp and enter the matching sequence number within the keyword Rental-Sequence .

      2. Rental-Address : Street address of rental property

         Use the keyword Rental-Address to enter the street address of the rental property.

      3. Final-Year : Whether this is final year of rental operation

         Use the keyword Final-Year to indicate whether or not this is the final year of the rental operation.

      4. Income.bus : Gross income of rental

         Use the keyword Income.bus to enter the gross rental income.

      5. Expenses : Type and amount of rental expense

         Use the keyword Expenses to enter the type and amount of deductible rental expense.

   5. In the CCA-Class group, pertaining to the new Statement of Real Estate Rentals:

      1. Rental-Sequence : Sequence number corresponding to rental property in IncomeSource group

         If you have answered "Yes" to the keyword RentalProp , use the keyword Rental-Sequence to enter the sequence number corresponding to the rental property in IncomeSource group.

6. Deleted keywords

   1. In the Partners group pertaining to the T5013 slip:

      1. CHARITY.P : Is this partner a charity or a Canadian amateur athletic association?

   2. In the CCA-Class group pertaining to federal Schedule 10 and Quebec Schedule C:

      1. CAPGAIN-DEDUCTION: income from disposition of ECP eligible for cap gains deduction

   3. In the SR&ED group pertaining to the Quebec RD-222:

      1. CONTR-TYPE : Type of contractors carrying on SR&ED activities

   4. In the Consent group pertaining to the Quebec MR-69:

      1. NAME.REP : Name of person to whom power of attorney is granted

7. New options

   1. For the keyword Partners pertaining to the T5013 slip:

      Charity or amateur athletic association

   2. For the keyword Net-Inc-Ded , pertaining to Quebec Schedule F:

      Additional CCA - Data processing or M&P equipment

   3. For keyword Asset-Code , pertaining to federal Schedule 8 supplementary - Addition information regarding CCA class 43.1 and class 43.2:

      23 Geothermal energy equipment - after March 21, 2017
      24 Thermal energy source - after March 21, 2017
      

   4. For the new keyword Income.bus , pertaining to the new Statement of Real Estate Rentals:

      Gross rental income
      Other income
      

   5. For the new keyword Expenses , pertaining to the new Statement of Real Estate Rentals:

      Advertising
      Insurance
      Interest
      Office expenses
      Legal, accounting and other professional fees
      Management and administration fees
      Maintenance and repairs
      Salaries, wages and benefits (including employer's contr.)
      Property taxes
      Travel
      Utilities (light & power)
      Motor vehicle expenses (not including CCA)
      Gardening
      Snow removal
      Other expenses (specify)
      

8. Deleted options

   1. For the keyword Account , pertaining to the RC59:

      RA Children's special allowance