What's new for T1 Internet version 21.10?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2006 to 2017 inclusively and fully supports T1/TP-1 EFILE. Installing this version will update your version of DT Max to 21.10.

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

In this version...

DT Max T1

1. Version highlights
   1. Form T7DR (A)
   2. CRA Notice of Assessment Electronic Delivery Service (Express NOA Service)
   3. Client suggestions implemented in version 21.10
      1. Business or rental losses - Added diagnostics
2. New diagnostics
   1. Notes and diagnostics

DT Max T1

1. Version highlights

   1. Form T7DR (A)

      The CRA recently launched a pilot project that allows electronic filers to generate Form T7DR(A) in a personalized format for their clients through the software. Please note that the implementation of this feature in DT Max is in progress. The 2017 version of Form T7DR(A) will be available in a future version of DT Max when the implementation is complete.

   2. CRA Notice of Assessment Electronic Delivery Service (Express NOA Service)

      The Express NOA service will be available starting February 26, 2018.

      Starting in 2018, you can download the Notice of Assessment immediately after successfully filing the return electronically. The Notice of Assessment is delivered in the Tax return section of DT Max. You can save or email the Notice of Assessment as a PDF file. You can also print Notices of Assessment in batches.

      See the CRA Express NOA service page in our Knowledge Base for more information on this exciting feature.

   3. Client suggestions implemented in version 21.10

      1. Business or rental losses - Added diagnostics

         As requested by the clients, diagnostics were added and will be generated when a business or a rental property is at a loss. These diagnostics remind the tax preparers to verify that the expenses claimed are indeed current expenses and not expenses that can be capitalized, which could explain the loss. In addition, in the case of rental income, it would be necessary to verify whether the loss originates from renting the property to a related person for less than fair market value. If this is the case, the rental loss may not be eligible. Please refer to the New diagnostics section for more information.

2. New diagnostics

   1. Notes and diagnostics

      Federal

      • Business losses

        These businesses are at a loss.

        • Verify whether certain current expenses should be capitalized and amortized.

      • Rental losses

        These rental properties are at a loss.

        • Verify whether certain current expenses should be capitalized and amortized.

        • Verify if the building is rented to individuals related to the taxpayer or his spouse. If yes, verify if it's not rented below the fair market value. If you are losing money because you are renting a property to a person you know for a lesser amount than you would charge to someone you do not know, you cannot claim a rental loss.

        • When your rental expenses are consistently higher than your rental income, you may not be allowed to claim a rental loss because your rental operation is not considered as a source of income.