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Print this pageForward this document  What's new for T1 Internet version 27.11?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2012 to 2023 inclusively and fully supports T1/TP-1 EFILE. Installing this version will update your version of DT Max to 27.11.

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

In this version...

DT Max T1

  1. Version highlights
    1. Canada Carbon Rebate amounts for 2024-25
    2. British Columbia Climate Action Tax Credit increased
  2. Revised forms
  3. New options

 

DT Max T1

  1. Version highlights

    1. Canada Carbon Rebate amounts for 2024-25

     
    AB
    MB
    ON
    SK
    NB
    NS
    PEI*
    NL
    First Adult
    $900
    $600
    $560
    $752
    $380
    $412
    $440
    $596
    Rural
    $1,080
    $720
    $672
    $902.40
    $456
    $494.40
    $440
    $715.20
    Second Adult
    $450
    $300
    $280
    $376
    $190
    $206
    $220
    $298
    Rural
    $540
    $360
    $336
    $451.20
    $228
    $247.20
    $220
    $357.60
    Each Child
    $225
    $150
    $140
    $188
    $95
    $103
    $110
    $149
    Rural
    $270
    $180
    $168
    $225.60
    $114
    $123.60
    $110
    $178.80
    Family of 4
    $1,800
    $1,200
    $1,120
    $1,504
    $760
    $824
    $880
    $1,192
    Rural
    $2,160
    $1,440
    $1,344
    $1,804.80
    $912
    $988.80
    $880
    $1,430.40
    * As all residents of Prince Edward Island are eligible for the 20 per cent rural top-up, it is reflected in the base amount for PEI.

    1. British Columbia Climate Action Tax Credit increased

      Effective July 1, 2024, the maximum annual climate action tax credit payment is increased from $447 to $504 for an adult, from $223.50 to $252 for a spouse or common-law partner, and from $111.50 to $126 per child. Single-parent families will continue to receive the spouse or common-law partner amount for the first child in the family. Income thresholds, at which point the credit begins to be phased out, will also be increased.

      The climate action tax credit helps offset the effects of carbon taxes paid by low- to moderate-income individuals and families. It is being increased to reflect the scheduled carbon tax rate increase this year.

      The tax credit primarily benefits young people and seniors, with these two groups representing 61 per cent of recipients. Women are slightly more likely to receive a benefit, making up roughly 54 per cent of recipients.

  2. Revised forms

    In-house forms

    • Estimated Climate Action Incentive

    This form has been renamed Canada Carbon Rebate.

    • Estimated British Columbia Climate Action Tax Credit

    New amounts for the period from July 2024 to June 2025, as per British Columbia's 2024 budget.

  3. New options

    1. For the keyword Q-General :

      School supplies for teachers and educators?

    2. For the keyword Q-Rental :

      Rent to a person with non-arm's length?

    3. For the keyword Q-Business :

      Motor vehicle - percentage too high (ex. 85%)?

    4. For the keyword Q-Student :

      Using the Canadian training credit?

    5. For the keyword Q-Empl-Expenses :

      Motor vehicle - percentage too high (ex. 85%)?
      Motor vehicle - GST/HST/PST rebate received vs UCC?

    6. For the keyword Q-Investments :

      Foreign income - correct exchange rate used?
      Verify the ACB to calculate capital gain/loss?
      Average ACB rule for identical properties?
      Interest received on a tax refund?

    7. For the keyword Q-Medical :

      Verify the eligibility of medical practitioners?
      Expenses for medical services not available in the area?

 

 

February 28, 2024