DT Max - What's new for T3/T5013 Internet version 26.05?

What's new for T3/T5013 Internet version 26.05?

The latest DT Max program update is now available for downloading. It features the T3/TP-646 program for the tax years ending from 2011 to 2022 inclusively, as well as the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending from 2014 to 2022. Installing this version will update your version of DT Max to 26.05.

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

In this version...

For DT Max T3 and T5013

MR-69 - Authorization to Communicate Information or Power of Attorney: Reminder from Revenu Québec

DT Max T3

Program certification
T3 EFILE approval and T3 EFILE production date
Version highlights
Revised forms
New keywords
Revised keywords
New options

DT Max T5013

Program certification
Version highlights
New forms
Revised forms
New keywords
Revised keywords
New options

For DT Max T3 and T5013

MR-69 - Authorization to Communicate Information or Power of Attorney: Reminder from Revenu Québec

We have been asked by Revenu Québec to remind tax preparers of the following items with respect to the MR-69 e-submission web service:
- PDF documents should not be protected by password or otherwise (e.g. PDF/A);
- A user should not add handwritten information on the mandate, as this invalidates the data barcode;
- Revenu Québec's My Account for professional representatives (MAPR) portal should not be used to file MR-69 forms produced by the DT Max software.

DT Max T3

Program certification

DT Max T3 is certified under the following authorization numbers:

Paper filing

Federal schedules: CRA-22-501

Quebec schedules: RQFI-2201

Federal slips: RC-22-119

Quebec slips: FS2216001

MR-69: RQ19-MR69-201911-FI001

Electronic Filing

Quebec RL-16 slip: RQ-22-16-002
T3 EFILE approval and T3 EFILE production date

Although DT Max T3 has been approved by the Canada Revenue Agency for EFILE purposes, please note that the service will only begin to accept T3 EFILE Trust returns for tax years 2022 and 2023 as of February 20, 2023. The system will close on January 26, 2024. Please do not transmit a T3, T3M or T1135 until the Canada Revenue Agency's site opens on February 20, 2023.
Version highlights
1. Known issues fixed in version 26.05
  1. Incorrect calculation on Schedule A, line 204
    
    The calculation of Schedule A, line 204 was not taking into consideration any losses sustained from the disposal of immovable property in 2022. This issue only applied to the 2022 taxation year calculated with a prior version. The calculation has been corrected in this version.
  2. Incorrect allocation of capital gains eligible for deduction in box 30 of the T3 slip
    
    This issue arises when the trust receives capital gains from a T3 slip, has eligible taxable capital gains and the amount the trust is allocating to the beneficiary is less than the eligible taxable capital gains available. The amount in the beneficiary's T3 slip box 30 is less than what the beneficiary is entitled to claim. The issue has been addressed and fixed in this version.
  3. Keyword SpecifiedImmovable within the Business (rental) group not being generated
    
    The keyword SpecifiedImmovable within the Business (rental) group was not being generated when the province of the rental was Quebec. This issue has been fixed for the 2022 taxation year. The workaround for prior years is to begin the data entry with this keyword and then proceed to enter the rest of the data.
2. Federal T1135 e-submission under DT Max T3
  
  Efile service providers will have the capability to electronically submit Form T1135, Foreign Income Verification Statement, to the Canada Revenue Agency (CRA).
  
  From the Efile menu, clicking T1135 e-submission and OK will transmit the T1135 Form.
  
  After you click OK, DT Max will automatically submit each T1135 Form separately. The files will be processed in real time, meaning that the response will be almost instantaneous. The results can be viewed from the Results log or from within the client's file.
  
  Please note that if the T1135 e-submission is accepted, DT Max will write the result into the Progress keyword group. If it is rejected, the error code will be written into the EfileT1135Error keyword.
  
  The processing status can also be maintained separately within the Client List under the column Processing status - Other. You can enable Processing status - Other, from the DT Max Client List, by selecting it within Client list settings found underneath Preferences.
  
  IMPORTANT: Please do not submit paper copies of the form unless requested to do so by the CRA.
3. Quebec mandatory entry of trust identification number and account number in returns, reports and documents
  
  It is now mandatory that the identification number that appears on a Notice of Assessment issued by Revenu Québec be entered on the TP-646, Trust Income Tax Return, and TP-646.1, Trust Information Return filed by a trust.
  
  If a trust does not have an identification number, it must request one using Form LM-58.1.2, Application for a Trust Identification Number, on Revenu Québec's website prior to filing the trust income tax return.
4. Automobile deduction limits increased
  
  The ceiling for capital cost allowances (CCA) for zero-emission passenger vehicles has been increased from $55,000 to $59,000, before tax, in respect of vehicles (new and used) acquired on or after January 1, 2022.
  
  The ceiling for CCA for passenger vehicles has been increased from $30,000 to $34,000, before tax, in respect of vehicles (new and used) acquired on or after January 1, 2022.
  
  Deductible leasing costs have been increased from $800 to $900 per month before tax, for new leases entered into.
5. Enhanced feature for keywords DT-ImportFedDiff and DT-ImportQueDiff for T3
  
  This new enhanced feature allows DT Max T3 users to automatically import changes made to the federal T3 return and the Quebec TP-646 return as compared to the "As-filed" snapshot not only for the current tax year but for the following one as well. Prior versions only supported automatic comparisons of data entered in the current tax year, requiring manual entry of differences arising in the preparation of tax returns for the following year.
6. Data entry warning added for federal Form 1135, Foreign Income Verification Statement
  
  The CRA has requested that we add a data entry warning for all categories if the maximum cost amount during the year is less than the cost amount held at the end of the year.
7. Quebec: Dividend tax credit - Change to the rate applicable to ordinary dividends
  
  The dividend tax credit rate applicable to the grossed-up amount of ordinary dividends for dividends received or deemed received after December 31, 2021, has decreased from 4.01% to 3.42%.
Revised forms
Federal
- T3 - Trust Income Tax and Information Return
  New lines were added:
  - Line 64 - Return of Fuel Charge Proceeds to Farmers Tax Credit
  - Line 65 - British Columbia clean building tax credit
  - Line 66 - Ontario environmental tax credit
  - Line 67 - Yukon Business Carbon Price Rebate
- 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
  
  Increase of the income threshold to $221,708.
- Schedule 12 - Minimum Tax
  The following lines have been modified:
  - Line 61 - Foreign non-business income tax paid (line 1 of Form T3 FFT)
  - Line 62 - Foreign business income tax paid (line 4 of Form T3 FFT)
- NR4 - Statement of Amounts Paid or Credited to Non-Residents of Canada
- T3 Slip and summary
- All provincial tax calculation schedules (T3AB, T3MB, T3NB...)
  All provinces, except Nova Scotia and Prince Edward Island, have indexed their base amounts. Please refer to the knowledge base for a detailed list:
  
  Tax brackets and rates (2022)
  
  T3AB - Alberta Tax
  
  Alberta's government is indexing the income tax system for inflation beginning in the 2022 tax year. Tax bracket thresholds and credit amounts will increase by 2.3% over their 2021 value.
  
  T3BC - British Columbia Tax
  New line added:
  
  Line 33 - British Columbia T3M Tax Credit
  T3NL - Newfoundland and Labrador Tax
  Dividend tax credit:
  
  The rate for the tax credit for dividends other than eligible dividends decreased from 3.5% to 3.2%.
  
  The rate for the tax credit for eligible dividends increased from 5.4% to 6.3%
  T3PE - Prince Edward Island Tax
  Dividend tax credit:
  
  The rate for the tax credit for dividends other than eligible dividends decreased from 1.96% to 1.3%.
- T3A - Request for Loss Carryback by a Trust
- T3-ADJ - T3 Adjustment Request
- T3 APP - Application for Trust Account Number
  
  Step 5 - Representative contact information has been removed from the form.
- T3-DD - Direct Deposit Request for T3
- T3FFT - T3 Federal Foreign Tax Credit
  - Additional detail on the calculation of Net income in note (c).
  - The Net income to be used in the calculation of the foreign tax credit must be reduced by the employer deduction for non-qualified securities pursuant to 110(1)(e) (included on line 40 of the trust's return).
- T3PFT - T3 Provincial or Territorial Foreign Tax Credit
  
  The same calculation for Net income must be used as that on line 2 of Form T3FFT.
- T3M - Environmental Trust Income Tax Return
- T3MJ - Information on Form T3MJ, T3 Provincial Territorial Taxes - Multiple Jurisdictions
- T3P - Employees' Pension Plan Income Tax Return
- T3QDT - Joint Election for a Trust to be a Qualified Disability Trust
- T3QDT-WS - Recovery Tax Worksheet
- T3-RCA - Retirement Compensation Arrangement (RCA) Part XI.3 Tax Return
- T183 - Information Return for the Electronic Filing of a Trust Return
  
  New requirement to enter the Representative identifier (Rep ID)
- T184 - Capital Gains Refund to a Mutual Fund Trust
- T776 - Statement of Real Estate Rentals
- T1055 - Summary of Deemed Dispositions
- T1079 - Designation of a Property as a Principal Residence by a Personal Trust
- T1079-WS - Principal Residence Worksheet
- T1135 - Foreign Income Verification Statement
- T1139 - Reconciliation of 2022 Business Income for Tax Purposes
- T1163 - 2022 Statement A - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals
- T1164 - 2022 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 - 2022 Farming - Calculation of Capital Cost Allowance (CCA) and Business-Use-of-Home Expenses
- T1229 - Statement of Resource Expenses and Depletion Allowance
- T1273 - Statement A - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Individuals
- T1274 - Statement B - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Additional Farming Operations
- T2038 - Investment Tax Credit
- T2042 - Statement of Farming Activities
- T2043 - Return of Fuel Charge Proceeds to Farmers Tax Credit
- T2121 - Statement of Fishing Activities
- T2125 - Statement of Business or Professional Activities
Quebec
- TP-646 - Trust Income Tax Return
  
  The 2022 tax brackets have been updated.
- 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
  
  The gross-up rate for ordinary dividends has been updated in Part 2 to reflect the rates applicable for dividends received or deemed received in 2021 and 2022.
- Schedule C - Summary of Allocations and Designations
  
  Dividend tax credit rate of the actual amount of ordinary dividends designated has decreased from 4.6115% to 3.933%.
- 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 Quebec That Owns a Specified Immovable
- TP-646.W - Keying Summary for the Trust Income Tax Return
  The following lines were removed:
  - Line 327a
  - Line 327b
- 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 - Trust Income
  - The instructions and explanation of boxes on the RL-16 slip now appear below the boxes.
  - Since March 26, 2021, the trust is required to provide its identification and account numbers on the RL-16 slip it issues.
  As of 2022, these numbers must no longer be shown on the copy of the RL-16 slip sent to the beneficiary. Asterisks (*) are now pre-entered to hide the boxes marked "Numéro d'identification" and "Numéro de compte de la fiducie" on Copy 2 of the RL-16 slip.
- MR-14.A - Notice before Distribution of the Property of a Succession
- TP-80 - Business or Professional Income and Expenses
- TP-80.1 - Calculation of Business or Professional Income, Adjusted to December 31
- TP-646.1 - Trust Information Return
- TP-668.1 - Taxable Capital Gains of a Trust That Give Entitlement to a Deduction
- TP-726.30 - Income Averaging for Forest Producers
  New lines:
  - Line 28.1 - Line 22.1 of Form TP-726.30 completed for 2021
  - Line 28.2 - Line 22.2 of Form TP-726.30 completed for 2021
  - Line 53 - Line 60 - Calculation for amounts to include in the taxable income for 2022 from amounts deducted in 2021.
  - Line 76 - Amount for 2022 that can be averaged over seven years
  - Line 82 - Amount for 2022 that can be averaged over ten years
- TP-776.42.F - Alternative Minimum Tax of a Trust
- TP-1026.F - Calculation of Instalment Payments to be made by Trusts - 2023
- TP-1129.53 - Income Tax Return for Environmental Trusts
  
  New Section 4 - Additional information about the trust
- T1163(Q) - 2022 Statement A - AgriStability And AgriInvest Programs Information and Statement of Farming Activities for Individuals
- T1164(Q) - 2022 Statement B - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations
- T1175(Q) - 2022 Farming - Calculation of Capital Cost Allowance (CCA) and Business-Use-of-Home Expenses
- T1273(Q) - Statement A - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Individuals
- T1274(Q) - Statement B - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Additional Farming Operations
- T2042(Q) - Statement of Farming Activities
- T2121(Q) - Statement of Fishing Activities
In-house forms
- Assembly instructions
  
  Change of mailing address for T3-APP.
- Foreign Income Summary (Federal)
  - New line to calculate the Net income
  - Employer deduction for non-qualified securities (line 40)
New keywords
1. In the Trustee , Settlor , Control-Entity and Beneficiary groups pertaining to all additional information about the trust (for Quebec Forms TP-646, TP-646.1, TP-1129.53, etc.) :
  
  (In order to comply with Revenu Québec's specifications concerning the requirement of additional information on each person who, over the year, is a trustee, a beneficiary, a settlor or a controlling entity, DT Max T3 has created separate keywords that will apply uniquely for Revenu Québec purposes.
  
  Currently, Revenu Québec requires that this additional information be submitted on a yearly basis. DT Max T3 will automatically carry forward the prior years' information for each of these new keywords.)
  1. BenOwnInfo-QC.tr : Whether the trustee's information should be reported on Quebec schedules
    
    Use the keyword BenOwnInfo-QC.tr to indicate whether the trustee's information should be reported on the Quebec trust income tax return or any applicable Quebec schedules.
    
    If the trust is required to file the additional information, it must report the identity of all trustees.
  2. BenOwnInfo-QC.s : Whether the trustee's information should be reported on Quebec schedules
    
    Use the keyword BenOwnInfo-QC.s to indicate whether the other trustee's information should be reported on the Quebec Trust income tax return or any applicable Quebec schedules.
  3. BenOwnInfo-QC.set : Whether the settlor's information should be reported on Quebec schedules
    
    Use the keyword BenOwnInfo-QC.set to indicate whether the settlor's information should be reported on the Quebec Trust income tax return or any applicable Quebec schedules.
    
    If the trust is required to file the additional information, it must report the identity of all settlors.
  4. BenOwnInfo-QC.ce : Whether the controlling entity's information should be reported on Quebec schedules
    
    Use the keyword BenOwnInfo-QC.ce to indicate whether the controlling entity's information should be reported on the Quebec Trust income tax return or any applicable Quebec schedules.
    
    If the trust is required to file the additional information, it must report the identity of all controlling entities.
  5. BenOwnInfo-QC : Whether the beneficiary's information should be reported on Quebec schedules
    
    Use the keyword BenOwnInfo-QC to indicate whether the beneficiary's information should be reported on the Quebec Trust income tax return or any applicable Quebec schedules.
    
    If the trust is required to file the additional information, it must report the identity of all beneficiaries.
2. In the Tax-Credits group, pertaining to the provincial T3BC and T3SK tax calculation forms:
  1. T3M-TaxCredit : Provincial T3M tax credit
    
    Use the keyword T3M-TaxCredit to enter the credit amount applicable for the provincial tax calculation.
3. New keyword pertaining to the T1135 Efile service
  1. EfileT1135Error : T1135 efile error code
    
    The keyword EfileT1135Error lists the T1135 e-submission error message(s) received. Please refer to our knowledge base for a listing of all the T1135 error messages.
Revised keywords
1. Due to Revenu Québec's new regulation, the entry of the following keyword has become mandatory in order to file a Quebec trust income tax return:
  1. ID-Number : Quebec identification number
2. Revised keyword format in the CCA-Class subgroup within the Business group, pertaining to the addition of new assets. The format of the following keywords now requires a date entry followed by the asset description for all additions:
  1. Additions.db : Capital additions - amounts and descriptions
  2. Additions-AIIP.db : Capital additions (after Nov. 20, 2018) - description and amount
  3. Additions-AIIPQ.db : Capital additions (after Dec. 3, 2018) - description and amount
New options
1. For the keyword Other-deductions , pertaining to the calculation of the net income for foreign tax credit purposes:
  
  Deduction for non-qualified securities pursuant 110(1)(e)
  Other deductions (specify)
2. For the keyword Other-credits in the Tax-Credits group:
  
  Yukon Business Carbon Price Rebate
  British Columbia clean building tax credit
  Ontario environmental tax credit
3. For the keyword Line-Number in the T3-Adjust group pertaining to the new lines on T3 Trust Return and Schedule 11A, Donations and Gifts Tax Credit Calculation:
  
  Federal return - Taxable income:
  
  36 Non-profit organizations
  37 Farming or fishing losses of other years
  38 Restricted farm losses of other years
  39 Limited partnership losses of other years
  
  Federal return - Summary of tax and credits:
  
  54 NL research and development tax credit
  55 BC mining exploration tax credit
  56 Federal environmental trust tax credit
  57 BC environmental trust tax credit
  58 SK environmental trust tax credit
  59 Canadian journalism labour tax credit
  60 YT research and development tax credit
  61 MB paid work experience tax credit
  62 MB odour-control tax credit
  63 MB green energy equipment tax credit
  64 Return of fuel charge proceeds to farmers tax credit
  65 BC clean building tax credit
  66 ON environmental tax credit
  67 YT business carbon price rebate
  
  Schedule 11A - Donations and gifts tax credit:
  
  11118 Amount of cultural and ecological gifts (GRE)
  11119 Amount of ecological gifts (2014, 2015) on line 14
4. For the keyword FarmerFuelCharge , in the Partnership group, pertaining to the farmer fuel charge tax credit:
  
  ON - Claim credit and include in business income
  MB - Claim credit and include in business income
  SK - Claim credit and include in business income
  AB - Claim credit and include in business income
  ON - Claim credit only (already included in bus. income)
  MB - Claim credit only (already included in bus. income)
  SK - Claim credit only (already included in bus. income)
  AB - Claim credit only (already included in bus. income)
5. For the keyword Progress , pertaining to the Efile services:
  
  T1135 Foreign income verification statement - submitted
  T1135 Foreign income verification statement - resubmitted
6. For the keyword E-Signature , pertaining to the Efile services:
  
  T1135 - Foreign income verification statement

DT Max T5013

Program certification

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

Federal:

T5013-FIN and schedules: RC-22-P001

Quebec:

TP-600 and schedules: RQSP-2204

RL-15 slips: FS2215006

MR-69: RQ19-MR69-201911-SP001

TP-529: TP-529-202009-SP003

TP-614: TP-614-202010-SP003

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

Federal: RC-22-P001

Quebec slips: RQ-22-15-004
Version highlights
1. Immediate expensing of up to $1.5 million per year
  
  Immediate expensing is available to partnerships consisting of only individuals for eligible property acquired after December 31, 2021, and becomes available for use before January 1, 2025 (2024 for partnerships that include CCPCs). Eligible property would be capital property that is subject to the capital cost allowance (CCA) rules, other than property included in CCA classes 1 to 6, 14.1, 17, 47, 49 and 51, which are generally long-lived assets. The $1.5 million yearly limit must be shared between eligible persons or partnerships (EPOPs).
2. Increase of the ceilings for CCA for passenger vehicles and zero-emission passenger vehicles
  
  Following the government announcement on December 23, 2021, the ceiling for CCA for zero-emission passenger vehicles will increase from $55,000 to $59,000 and the ceiling for CCA for passenger vehicles will increase from $30,000 to $34,000 effective as of January 1, 2022.
3. T661: Increase in CPP pensionable earnings
  
  Please note that for Form T661, Scientific Research and Experimental Development (SR&ED) Expenditures Claim, the pensionable earnings for 2023 have increased from $64,900 to $66,600.
4. E-Document service for electronically filed Foreign Income Verification Statement (T1135)
  
  The Canada Revenue Agency (CRA) offers a new Web service for EFILE authenticated tax preparers to seamlessly send electronic documents to the CRA by attaching them via their tax preparation software. Attachments will be allowed both at the time of electronic filing of the Foreign Income Verification Statement (T1135), as well as anytime throughout the year.
  
  To utilize this service, please set the keyword E-Doc to "Yes" within the T1135 group and complete the subgroup keywords.
  
  The subgroup entries will allow you to specify how the document is to be transmitted, the type of document being attached, and the attachment itself.
  
  You can electronically submit the attached document by accessing the Efile tab and selecting the T1135 e-submission method.
  
  The process is completely automated and handled by the DT Max system.
  
  Please note that to transmit an attachment electronically, you must have successfully submitted the T1135 form beforehand.
  
  The CRA's system uses the confirmation number from the accepted T1135 form to process the attachments. The CRA cannot accept a document without its associated T1135 form.
  
  The Progress keyword will record the details of an accepted e-Doc submission.
New forms
Federal
- Schedule 63 - Return of the Fuel Charge Proceeds to Farmers Tax Credit (2021 and later tax years)
  
  This new form is intended for partnerships that operate a farming business, and has incurred eligible farming expenses in Ontario, Manitoba, Saskatchewan or Alberta.
  
  The return of fuel charge proceeds to farmers tax credit is a refundable tax credit equal to the eligible farming expenses attributable to a designated province for the tax year, multiplied by the payment rate for the calendar year for the designated province.
  
  The keyword FuelCharge-Cr can be used to generate this form.
- Schedule 65 - Air Quality Improvement Tax Credit
  
  This is a new form whereby a partnership allocates a 25% refundable tax credit to members that are eligible entities for the installation or upgrade of ventilation and air filtration systems. Eligible entities include qualifying corporations, individuals (other than trusts) and partnerships.
  
  This refundable credit is available for qualifying expenditures made between September 1, 2021, and December 31, 2022. There is a limit of $10,000 per qualifying location and an overall limit of $50,000 per group of qualified affiliated entities. Qualified affiliated entities can include individuals, partnerships, CCPCs and co-ops.
  
  The keyword AirQuality-TaxCr can be used to generate this form.
Quebec
- CO-130.AD - Capital Cost Allowance for Immediate Expensing Property
  
  This new Quebec form is intended for a partnership claiming capital cost allowance in respect of immediate expensing property in calculating its income earned from a business or property for a taxation year.
  
  The keyword group CCA-Class has the applicable keywords that are necessary to enter information regarding immediate expensing property.
- TP-130.EN - Immediate Expensing Limit Agreement
  
  This new Quebec form is intended for a partnership that is associated, in a taxation year, with another eligible person or partnership and which must determine the immediate expensing limit that will be used to establish the capital cost allowance in respect of immediate expensing property.
  
  For such a partnership to determine this limit, the associated eligible persons or partnerships must agree among themselves on how to allocate the immediate expensing limit of $1.5 million.
  
  The keyword CCA-Agreement opens the group to enter the information pertaining to the immediate expensing limit agreement.
Revised forms
Federal
- T5013 FIN - Partnership Financial Return
  
  Check boxes added on page 2 for Schedule 63 and Schedule 65.
- T5013 SUM - Summary of Partnership Income
- T5013 Slip - Statement of Partnership Income
  
  The following boxes have been added:
  
  Box 237: Return of fuel charge proceeds to farmers tax credit
  Box 238: Air quality improvement tax credit
  Box 239: Critical mineral exploration tax credit (CMETC)
  Box 240: Portion subject to an interest-free period - CMETC
  
  The following boxes have been revised:
  
  Box 194: Mineral exploration tax credit (METC)
  Box 195: Portion subject to an interest-free period - METC
- Schedule 6 - Summary of Dispositions of Capital Property
  
  Line added for disposition of interest in partnership that is subject to a 100% inclusion rate.
- Schedule 8 - Capital Cost Allowance (CCA)
  
  The form has been updated to reflect the immediate expensing incentive.
  
  Addition of new Part 1 - Agreement between associated eligible person or partnerships (EPOPs)
  
  In Part 2, the following columns were added:
  
  Column 4 (line 232) for the cost of acquisitions that are DIEP
  Column 9 (line 234) for the proceeds of dispositions of the DIEP
  Column 11 (line 236) for UCC of the DIEP
  Column 12 (line 237) for the income earned from the business or property in which DIEP is used
  Column 13 (line 238) for the immediate expensing
  Column 14 for cost of acquisition on remainder of class
  Column 16 for remaining UCC
- Schedule 52 - Summary Information for Partnerships that Allocated Renounced Resource Expenses to their Members
  
  The following lines have been modified:
  
  Line 304 - Mineral exploration tax credit (METC)
  Line 306 - Portion subject to an interest-free period - METC
  
  The following lines have been added:
  
  Line 308 - Critical mineral exploration tax credit (CMETC)
  Line 310 - Portion subject to an interest-free period - CMETC
Quebec
- Schedule B - Capital Cost Allowance (CCA)
  
  The immediate expensing calculations have been incorporated on Schedule B with the inclusion of the two new Quebec Forms CO-130.AD and TP-130.EN.
- RL-15 Slip (Relevé 15) - Amounts Allocated to Members of a Partnership
  
  The following boxes now have 2 decimal places:
  
  Box 37: Number of units held by the partner
  Box 50: Number of units acquired during the fiscal period
New keywords
1. In the CCA-Class group, pertaining to federal Schedule 8 and Quebec Form CO-130.EN:
  1. Additions-DIEP : Designated immediate expensing property (DIEP) addition after December 31, 2021
    
    Use the keyword Additions-DIEP to enter the addition of designated immediate expensing property (DIEP). Immediate expensing is available to partnerships consisting of only individuals for property acquired after December 31, 2021, and becomes available for use before January 1, 2025 (2024 for partnerships that include CCPCs).
    
    A property can only qualify as DIEP in the year in which it becomes available for use. See subsection 1104(3.1) of the Regulations for more information. Use [Alt-J] to enter different values for other jurisdictions.
  2. Addition-Car-DIEP : Designated immediate expensing property (DIEP) acquired after December 31, 2021 (before sales tax)
    
    The immediate expensing property (DIEP) addition of an automobile to Class 10.1 can only be entered once since separate classes are required for Class 10.1 property.
    
    Enter the cost of the car excluding GST, PST and HST. The amount of GST, PST or HST paid on the cost should be entered in the keyword GSTPSTCost ($30,000 before 2022, $34,000 after 2021).
    
    Immediate expensing is available for "eligible property" acquired by a partnership consisting of only individuals for property acquired after December 31, 2021, and becomes available for use before January 1, 2025 (2024 for partnerships that include CCPCs). The immediate expensing would only be available for the year in which the property becomes available for use. There is a $1.5 million limit which is shared among associated members of a group of CCPCs, individuals and partnerships. The limit is prorated for taxation years that are shorter than 365 days. The half-year rule is suspended for property for which this measure is used. Use [Alt-J] to enter different values for other jurisdictions.
  3. Additions-Yr-DIEP : Designated immediate expensing property after December 31, 2021 - amount & # of months lease/asset expiry
    
    For Class 13, DT Max will calculate capital cost allowance based on the number of 12-month periods remaining in the lease term, including this taxation year, for the additions entered. Next year, the capital cost allowance calculated will be carried forward into the Annual-CCA.n keyword in this group.
    
    For Class 13, the minimum amortization period is 5 years and the maximum is 40 years. If the number of months entered for an addition is not within this range, DT Max will use the minimum or maximum allowed.
    
    Immediate expensing is available for "eligible property" acquired by a partnership consisting of only individuals for property acquired after December 31, 2021, and becomes available for use before January 1, 2025 (2024 for partnerships that include CCPCs). The immediate expensing would only be available for the year in which the property becomes available for use. There is a $1.5 million limit which is shared among associated members of a group of CCPCs, individuals and partnerships. The limit is prorated for taxation years that are shorter than 365 days. The half-year rule is suspended for property for which this measure is used. Use [Alt-J] to enter different values for other jurisdictions.
  4. Addition-DIEP.c : Zero-emission passenger vehicle eligible for immediate expensing (before sales tax)
    
    Use the keyword Addition-DIEP.c to enter an addition of a zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1. Enter the original cost of the car excluding GST, PST and HST. For example, if the car cost $60,000 plus $9,000 HST, $60,000 should be entered for the keyword Addition-DIEP.c . The amount of GST, PST or HST paid on the allowable cost (up to a maximum of $55,000 before 2022, $59,000 after 2021) should be entered in the keyword GSTPSTCost .
    
    Zero-emission cars acquired after April 18, 2021, and before 2024 are eligible for immediate expensing.
    
    Partnerships consisting of individuals only may claim immediate expensing on zero-emission vehicles acquired after December 31, 2021, and becomes available for use 2025 (2024 for partnerships that include CCPCs). The immediate expensing would only be available for the year in which the property becomes available for use. There is a $1.5 million annual limit which is shared among associated members of a group of CCPCs, individuals and partnerships. The limit is prorated for taxation years that are shorter than 365 days. The half-year rule is suspended for property for which this measure is used. Use [Alt-J] to enter different values for other jurisdictions.
  5. GSTPSTReb-DIEP : GST, PST or HST rebate on designated immediate expensing property (DIEP) addition to deduct from UCC
    
    The GST, PST or HST rebate on this designated immediate expensing property (DIEP) addition will be deducted from its cost on Schedule 8.
  6. DIEP-Proceed-OV : Amount of gross proceeds from disposition of the designated immediate expensing property/ov
    
    Use the keyword DIEP-Proceed-OV to override the gross proceeds from the disposition of the designated immediate expensing property claimed on this class. Use [Alt-J] to enter different values for other jurisdictions.
  7. DIEP-Income-OV : Net income earned from business or property in which DIEP is used/ov
    
    Use the keyword DIEP-Income-OV to override the net income, before deducting CCA, earned from business or property in which DIEP is used for this CCA class.
  8. ImmediateExpOV : Amount of immediate expensing/ov
    
    Use this keyword to override the immediate expensing claimed on this class.
  9. Date-In-Use : Date property became available for use (CO-130.AD)
    
    A property can only qualify as designated immediate expensing property (DIEP) in the year in which it becomes available for use. This date is required information on Quebec Form CO-130.AD.
2. In the new CCA-Agreement group, pertaining to federal Schedule 8:
  1. Bus-Num-Fed.epop : Federal business number of CCPC (EPOP)
    
    Where the eligible person or partnership (EPOP) is a Canadian-controlled private corporation (CCPC), enter the federal business number of the CCPC here.
  2. PIN-ID.epop : Federal partnership account number (EPOP)
    
    Where the eligible person or partnership (EPOP) is a Canadian partnership, enter the federal partnership account number here.
3. In the new group CCA-Agreement , pertaining to Quebec Form TP-130.EN:
  1. Ident-Num.epop : Quebec identification number of CCPC (EPOP)
    
    Where the eligible person or partnership (EPOP) is a Canadian-controlled private corporation (CCPC), enter the Quebec identification number of the CCPC here.
  2. QC-PIN-ID.epop : Quebec partnership identification number (EPOP)
    
    Where the eligible person or partnership (EPOP) is a Canadian partnership, enter the Quebec partnership identification number here.
  3. YearEnd.epop : Taxation year or fiscal year end date
    
    Use the keyword YearEnd.epop to enter the taxation year or fiscal year end date. This information is needed for purposes of Quebec Form TP-130.EN.
  4. Street.epop : Street of eligible person or partnership (EPOP)
    
    Use the keyword Street.epop to enter the street of the eligible person or partnership (EPOP). This information is needed for purposes of Quebec Form TP-130.EN.
  5. City.epop : City of eligible person or partnership (EPOP)
    
    Use the keyword City.epop to enter the city of the eligible person or partnership (EPOP). This information is needed for purposes of Quebec Form TP-130.EN.
  6. Province.epop : Province of eligible person or partnership (EPOP)
    
    Use the keyword Province.epop to enter the province of the eligible person or partnership (EPOP). This information is needed for purposes of Quebec Form TP-130.EN.
  7. PostCode.epop : Postal code of eligible person or partnership (EPOP)
    
    Use the keyword PostCode.epop to enter the postal code of the eligible person or partnership (EPOP). This information is needed for purposes of Quebec Form TP-130.EN.
  8. Sign-Date.epop : Signing date and title of signing officer
    
    Use the keyword Sign-Date.epop to enter the signing date as well as the title of the signing officer for the eligible person or partnership (EPOP).
4. In the new group CCA-Agreement , pertaining to both federal Schedule 8 and Quebec Form TP-130.EN:
  1. CCA-Agreement : Whether immediate expensing limit agreement applies between associated eligible person or partnerships (EPOPs)
    
    Use the keyword CCA-Agreement and select "Yes" if the partnership is associated in the tax year with one or more EPOPs with which the partnership has entered into an agreement under subsection 1104(3.3) of the Regulations. By selecting "Yes", you will be able to enter information regarding the immediate expensing limit agreement of $1,500,000. Immediate expensing is available in the year in which eligible property becomes available for use. The $1.5 million immediate expensing limit per taxation year must be shared among members of an associated group of eligible persons or partnerships and prorated for short taxation years. No carryforward will be available if the full $1.5 million immediate limit is not used in a particular taxation year.
  2. Name-EPOP : Name of eligible person or partnership (EPOP)
    
    Use the keyword Name-EPOP to enter the name of the eligible person or partnership (EPOP).
    
    An eligible person or partnership means
    - a corporation that was a Canadian-controlled private corporation throughout the year;
    - an individual (other than a trust) who is resident in Canada throughout the year; or
    - a Canadian partnership where all the members are CCPC's, Canadian-resident individuals (other than trust), or a combination thereof.
    To qualify as an EPOP, the person or partnership must satisfy the qualifications and maintain their status throughout the year. Multi-tiered partnerships are excluded.
  3. SIN.epop : Social insurance number of individual (EPOP)
    
    Where the eligible person or partnership (EPOP) is a Canadian-resident individual, enter the social insurance number here.
  4. Immed-Exp-LimOV : Immediate expensing limit allocated to partnership in current tax yr /ov
    
    Use the keyword Immed-Exp-LimOV to override the amount of this partnership's immediate expensing limit for CCA purposes.
    
    DT Max will otherwise calculate the limit based on information entered in the Assigned% keyword for all EPOPs within the CCA-Agreement group.
5. In the new group FuelCharge-Cr , pertaining to the new federal Schedule 63:
  1. FuelCharge-Cr : Whether to claim the return of fuel charge proceeds to farmers tax credit
    
    Use the keyword FuelCharge-Cr to indicate whether or not you wish to claim the return of fuel charge proceeds to farmers tax credit (federal Schedule 63).
    
    This is a refundable tax credit equal to the eligible farming expenses attributable to the designated province for the tax year multiplied by the payment rate for the calendar year for the designated province. You must have incurred eligible farming expenses in Ontario, Manitoba, Saskatchewan or Alberta and the total gross eligible farming expenses must be at least $25,000 in order to be eligible for this credit.
  2. Farm-Exp-Ded : Amount of farming expenses deducted
    
    Use the keyword Farm-Exp-Ded to enter the total farming expenses that represent amounts deducted in calculating net income from farming for income tax purposes.
  3. NonArms-Trans : Amount of non-arm's length transactions
    
    Use the keyword NonArms-Trans to enter the amount of non-arm's length transactions. This is the portion of the amount claimed on Schedule 63 line 60 from non-arm's length transactions. This amount is excluded from the calculation of the eligible farming expenses.
  4. GrossRev-Alloc : Gross revenue attributable to designated province
    
    Use the keyword GrossRev-Alloc to enter the amount of gross revenue attributable to the designated province as well as the total gross revenue.
    
    DT Max will automatically pick up the relevant proportion from federal Schedule 5. However, should you wish to enter a different proportion, you can use this keyword as well as the keyword Salaries-Alloc , if applicable, to do so.
  5. Salaries-Alloc : Salaries and wages paid in the designated province
    
    Use the keyword Salaries-Alloc to enter the amount of salaries and wages paid in the designated province as well as the total salaries and wages paid.
    
    DT Max will automatically pick up the relevant proportion from federal Schedule 5. However, should you wish to enter a different proportion you can use this keyword as well as the keyword GrossRev-Alloc , if applicable, to do so.
  6. Partner-Alloc : Amount of partnership allocation tax credit for the designated province
    
    Use the keyword Partner-Alloc to enter the amount of the partnership allocation tax credit for the designated province. This is the amount from box 237 from each of the T5013 slips.
6. In the AirQuality-TaxCr group, pertaining to the new federal Schedule 65:
  1. AirQuality-TaxCr : Air quality improvement tax credit
    
    Use the keyword AirQuality-TaxCr to claim an air quality improvement tax credit.
  2. Name&Location : Name and address of qualifying location
    
    Use the keyword Name&Location to enter the name and address of the qualifying location.
  3. Expenditures.a : Qualifying expenditures
    
    Use the keyword Expenditures.a to enter qualifying expenditures for this location.
    
    For qualifying expenditures incurred from September 1, 2021, to December 31, 2021, enter the amount incurred until the end of your first tax year ending in 2022.
    
    For qualifying expenditures incurred after December 31, 2021, enter the amount incurred until the end of your tax year. If your tax year ends after 2022, enter the amount incurred until December 31, 2022.
  4. Assistance.a : Amount of assistance
    
    Use the keyword Assistance.a to enter all amounts of assistance the corporation received, are entitled to receive or can reasonably be expected to receive in respect of qualifying expenditures included in column 2, which has not been repaid before the end of the tax year under a legal obligation.
  5. Exp-Claimed : Expenses claimed by corp. in prior years or by affiliated entities in any tax year
    
    Use the keyword Exp-Claimed to indicate expenses claimed by the corporation in prior years or by affiliated entities in any tax year.
  6. Eligible-Entity : Name of affiliated eligible entity
    
    Use the keyword Eligible-Entity to enter the name of the affiliated eligible entity.
  7. Bus-Number.a : Business number of affiliated corporation
    
    Use the keyword Bus-Number.a to enter the business number of the affiliated corporation.
  8. SIN.a : SIN of affiliated individual
    
    Use the keyword SIN.a to enter the SIN of the affiliated individual.
  9. PartnershipNum.a : Partnership account number of affiliated partnership
    
    Use the keyword PartnershipNum.a to enter the partnership account number of the affiliated partnership.
  10. Percent.a : Percentage assigned under agreement
    
    Use the keyword Percent.a to enter the percentage assigned under the agreement.
  11. Total-VentExp-CF : Total ventilation expense for prior tax years
    
    Use the keyword Total-VentExp-CF to enter the total ventilation expense for prior tax years (line 420 from the prior tax year).
  12. Expense-OV.a : Total ventilation expense /ov
    
    Use the keyword Expense-OV.a to override the total ventilation expense calculated by DT Max.
  13. CrAlloc-Part.a : Air quality improvement tax credit allocated from partnerships
    
    Use the keyword CrAlloc-Part.a to enter the air quality improvement tax credit allocated from partnerships.
7. In the Foreign-Info group, pertaining to the T1135 e-Doc service:
  1. E-Doc : Will you be accessing the e-Doc web service?
    
    Enter the keyword E-Doc to specify whether you will be electronically submitting documentation, relating to a Foreign Reporting Return, with the Canada Revenue Agency.
8. In the E-Doc subgroup, pertaining to the e-Doc service federal for Form T1135:
  1. E-Doc-Submit : Information to be electronically submitted
    
    Use the keyword E-Doc-Submit to specify which information is to be electronically submitted when accessing the Foreign Reporting Return web service.
  2. E-Doc-ID : Type of document being attached
    
    Use the keyword E-Doc-ID to specify the type of document being attached.
  3. E-Doc-Name : Name and location of the file being attached
    
    Use the keyword E-Doc-Name to specify the name and location of the file being attached.
    
    For amended returns, please re-submit the attachment only if the attachment information has changed.
    
    You should also take note of the following restrictions:
    
    Maximum of 10 documents per submission bundle;
    
    Total of 350 MB per submission bundle;
    
    Allowable file types:
    
    .pdf, .doc, .docx, .xls, .xlsx, .rtf, .txt, .jpg, .jpeg, .tiff, .tif, .xps and more*.
    
    *In addition to the acceptable file formats listed above, the CRA also accepts all safe file formats including text, document, spreadsheet, database, image, graphic, video, audio, accounting, financial, and tax files. Submitted files may be zipped but must not be password encrypted, as this will prevent the CRA's system from scanning for viruses. Files that can't be scanned for viruses will be securely deleted.
    
    Invalid file extensions:
    
    .exe, .ade, .adp, .app, .asx, .bas, .bat, .chm, .class, .cmd, .com, .cpl, .crt, .dll, .fxp, .hlp, .hta, .inf, .ins, .isp, .js, .jse, .Ink, .mda, .mde, .mdt, .mdw, .mdz, .msc, .msi, .msp, .mst, .ops, .pcd, .pif, prg, .reg, .scf, .scr, .sct, .shb, .shs, .url, .vb, .vbe, .vbs, .wsc, .wsf, .ws
    
    Invalid characters in filenames:
    
    '\', '/', ':', '*', '?', '"', '<', '>', '|',
    
    No duplicate files;
    
    No password protection.
9. In the Progress group, pertaining to the e-Doc service for federal Form T1135:
  1. CRC-Number : Number assigned by DT Max to uniquely identify a file
    
    The keyword CRC-Number contains the Cyclic Redundancy Check (CRC). The CRC is a number calculated by the DT Max software to uniquely identify a file.
  2. E-Doc-Name.a : Name of the submitted document
    
    The keyword E-Doc-Name.a displays the name of the electronically submitted document.
  3. TimeStamp : Date and time of e-Doc submission
    
    The keyword TimeStamp displays the date and time of the electronically submitted document.
  4. ACK-Number : E-Doc confirmation number
    
    The keyword ACK-Number displays the confirmation number of the electronically submitted document.
10. New keyword pertaining to the T1135 e-Doc service:
  1. EfileEDocErrT1135 : E-doc error code
    
    The keyword EfileEDocErrT1135 lists the e-doc submission error message(s) received.

Revised keywords

In the CCA-Class group, pertaining to federal Schedule 8 and Quebec Schedule B:

Addition-Car-AIIP : Accelerated investment incentive property (AIIP) addition of car to Class 10.1 (before sales tax)

The Accelerated Investment Incentive Property (AIIP) addition of an automobile to Class 10.1 can only be entered once since separate classes are required for Class 10.1 property.

Enter the cost of the car excluding GST, PST and HST. The amount of GST, PST or HST paid on the cost should be entered in the keyword GSTPSTCost ($34,000 after 2021, $30,000 if in 2021 or before).

Under the Accelerated Investment Incentive, capital investments will generally be eligible for a first-year deduction for depreciation equal to up to three times the amount that would otherwise apply in the year an asset is put in use. Tripling the current first-year rate will allow businesses to recover the initial cost of their investment more quickly.

The Accelerated Investment Incentive will apply to qualifying assets acquired after November 20, 2018. It will be gradually phased out starting in 2024, and no longer in effect for investments put in use after 2027.

Addition-AIIP.c : Addition of zero-emission car (full amount before GST, PST or HST)

Use the keyword Addition-AIIP.c to enter an addition of a zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1. Enter the original cost of the car excluding GST, PST and HST. For example, if the car cost $60,000 plus $9,000 HST, $60,000 should be entered for the keyword Addition-AIIP.c . The amount of GST, PST or HST paid on the allowable cost (up to a maximum of $59,000 after 2021, $55,000 if in 2021 or before) should be entered in the keyword GSTPSTCost.c .

Zero-emission cars acquired after March 19, 2019, and before 2028 are eligible for an enhanced allowance in the first year the car becomes available for use.

Rates for the First-Year Enhanced Allowance:

Year Acquired	First-Year Allowance
March 19, 2019 - 2023 incl.	100%
2024 - 2025	75%
2026 - 2027	55%

GSTPSTCost.c : GST, PST or HST on cost of car up to the prescribed amount of $59,000 after 2021, $55,000 before 2022

Use the keyword GSTPSTCost.c to enter the GST, PST or HST on the cost of the car, up to the prescribed amount of $59,000 after 2021, $55,000 if in 2021 or before. Enter the lesser of the taxes paid on the purchase of the car and the taxes payable on the prescribed amount of $59,000 after 2021, $55,000 if in 2021 or before.

Use the keyword GSTPSTRebate.c to enter the amount of the GST, PST or HST rebate claimed on the car up to the prescribed amount of $59,000 after 2021, $55,000 if in 2021 or before.
ACB-Info.c : Adjusted cost base information

Both the original cost (before sales tax) and the prescribed limit are required to calculate the adjustment of proceeds when the cost exceeds the allowed cost. For a zero-emission passenger vehicle the prescribed limit is $59,000 after 2021 and $55,000 before 2022, plus sales taxes payable on the amount.

For a Class 10.1 vehicle the prescribed limit is $34,000 after 2021 and $30,000 before 2022, plus sales taxes payable on the amount.
GSTPSTCost : GST, PST or HST on cost of car on the allowable cost (up to $34,000 after 2021, $30,000 before 2022)

The GST, PST or HST on the allowable cost (up to a maximum of $34,000 after 2021, $30,000 if in 2021 or before) of the car is added to Class 10.1. Enter the lesser of the taxes paid on the purchase of the car and the taxes payable on a $34,000 car if acquired after 2021, $30,000 if acquired in 2021 or before.

Use the keyword GSTPSTRebate to enter the amount of the GST, PST or HST rebate claimed on the vehicle.
Addition-Car : Addition of car to Class 10.1 (before sales tax)

The addition of an automobile to Class 10.1 can only be entered once since separate classes are required for Class 10.1 property.

Enter the cost of the car excluding GST, PST and HST. The amount of GST, PST or HST paid on the cost should be entered in the keyword GSTPSTCost ($34,000 after 2021, $30,000 if in 2021 or before).
RecaptureOV : Amount of recapture /ov

Use this keyword to override the recapture of depreciation calculated. Recapture is calculated for all CCA classes including Class 10.1 which is included in DIEP (designated immediate expensing property.) Class 10.1 not included in DIEP is not subject to recapture.

For Class 10.1 (not included in DIEP), in the year of a disposal, no recapture or terminal loss is calculated. Instead, half-year CCA is claimed on the opening balance of the class, as is allowed by the income tax rules.

New options
1. For the keyword Progress pertaining to the e-Doc service for federal Form T1135:
  
  T1135 supporting documents - e-Doc submitted
2. For the keyword E-Doc-Submit , pertaining to the e-Doc service for federal Form T1135:
  
  Foreign e-submission to contain Foreign Return and e-Doc
  Foreign e-submission to contain Foreign Return only
  Foreign e-submission to contain e-Doc only
3. For the keyword E-Doc-ID , pertaining to the e-Doc service for federal Form T1135:
  
  Financial statements
  Organizational chart
  Taxpayer letter
  Trust agreement
  Other
4. For the keyword CapitalProp , pertaining to federal Schedule 6:
  
  Partnership interest capital gain (100% inclusion rate)
  
  For a partnership interest, a special rule may apply to part of the capital gain that results from the disposition of such an interest to a non-resident or a tax-exempt corporation, or to a partnership or trust composed of such members or beneficiaries. In this case, part of the capital gain may be taxable at 50% and another part at 100%.
  
  The portion of the capital gain for the year from the disposition that can reasonably be attributed to increases in the value of capital property (other than depreciable property) held directly by the partnership (or held indirectly by the partnership through one or more other partnerships) is taxable at the 50% inclusion rate and the rest is taxable at 100%.
  
  As a result, if all the partnership assets are inventory, depreciable property or resource property, then the capital gain would be taxable at 100% unless an exception applies. If the assets also include capital property (other than depreciable property), you must make an apportionment in order to apply the appropriate inclusion rate.
  
  Use this option to enter the capital gain from a disposition of an interest in a partnership attributable to depreciable property or non-capital property where a 100% inclusion rate is used to calculate the taxable portion per paragraph 100(1)(b).
5. For the keyword FuelCharge-Cr , pertaining to the new federal Schedule 63:
  
  Claim Return of Fuel Charge Proceeds to Farmers cr.
  Do not claim Return of Fuel Charge Proceeds to Farmers cr.
6. For the new keywords GrossRev-Alloc and Salaries-Alloc , pertaining to the new federal Schedule 63:
  
  Gross revenue attributable to Ontario
  Gross revenue attributable to Manitoba
  Gross revenue attributable to Saskatchewan
  Gross revenue attributable to Alberta
  Total gross revenue
  Salaries and wages paid in Ontario
  Salaries and wages paid in Manitoba
  Salaries and wages paid in Saskatchewan
  Salaries and wages paid in Alberta
  Total salaries and wages paid
7. For the keyword AirQuality-TaxCr , pertaining to the new federal Schedule 65:
  
  Schedule 65 - Air Quality Improvement Tax Credit
8. For the keyword Exp-Claimed in the AirQuality-TaxCr group, pertaining to the new federal Schedule 65:
  
  Total expenses claimed by partnership in prior years
  Total expenses claimed by affiliate entities in any year

February 01, 2023

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In this version...

For DT Max T3 and T5013

MR-69 - Authorization to Communicate Information or Power of Attorney: Reminder from Revenu Québec

DT Max T3

Program certification

T3 EFILE approval and T3 EFILE production date

Version highlights

Known issues fixed in version 26.05

Incorrect calculation on Schedule A, line 204

Incorrect allocation of capital gains eligible for deduction in box 30 of the T3 slip

Keyword SpecifiedImmovable within the Business (rental) group not being generated

Federal T1135 e-submission under DT Max T3

Quebec mandatory entry of trust identification number and account number in returns, reports and documents

Automobile deduction limits increased

Enhanced feature for keywords DT-ImportFedDiff and DT-ImportQueDiff for T3

Data entry warning added for federal Form 1135, Foreign Income Verification Statement

Quebec: Dividend tax credit - Change to the rate applicable to ordinary dividends

Revised forms

New keywords

Revised keywords

New options

DT Max T5013

Program certification

Version highlights

Immediate expensing of up to $1.5 million per year

Increase of the ceilings for CCA for passenger vehicles and zero-emission passenger vehicles

T661: Increase in CPP pensionable earnings

E-Document service for electronically filed Foreign Income Verification Statement (T1135)

New forms

Revised forms

New keywords

Revised keywords

New options