DT Max - What's new for T1/T2/T3/T5013 Internet version 21.30?

What's new for T1/T2/T3/T5013 Internet version 21.30?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2007 to 2017 inclusively as well as the 2018 planner, in addition to fully supporting T1/TP1 EFILE.

Version 21.30 also features the T2 program for fiscal periods ending from 2007 to 2018 and fully supports Corporation Internet Filing (T2, CO-17 and AT1).

Also featured is the T3/TP-646 program for tax years ending from 2007 to 2018 inclusively (keeping in mind that the 2018 tax returns for trusts prepared with this version will be using the 2017 tax forms).

Finally, version 21.30 features the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending in 2018.

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

In this version...

For all DT Max programs

Implementation of announced tax changes
2018 Planner Standard Caveat
Vista reminder

For DT Max T1 & T3

2018 Ontario Budget measures announced (with Ontario government approval pending) and integrated in the current version

For DT Max T2, T3 & T5013

Suggestion from clients: new diagnostic for the CCA on specified energy property

DT Max T1

Version highlights
1. Suggestions from clients implemented in version 21.30
New keywords
Revised keywords
Deleted keywords
New options
Deleted options
New diagnostics
1. Notes and diagnostics

DT Max T2

Program certification
Suggestion from clients: RC59 generated in prior years
Version highlights
New forms
Revised forms
Deleted forms
New keywords
Revised keywords
Deleted keywords
New options
Revised options
Deleted options

DT Max T3

Version highlights
Revised forms
New keywords
Deleted keywords
New options
Deleted options

DT Max T5013

Version highlights
1. Assembly instructions now available for T5013
2. New dividend gross-up and tax credit rates for 2018 and 2019
New forms
Revised forms
New options
Deleted options

For all DT Max programs

Implementation of announced tax changes

Since our last release, the following budgets were announced:

Federal - February 27, 2018
Alberta - March 22, 2018
British Columbia - February 20, 2018
Manitoba - March 12, 2018
New Brunswick - January 30, 2018
Newfoundland and Labrador - March 27, 2018
Northwest Territories - February 8, 2018
Nova Scotia - March 20, 2018
Nunavut - May 28, 2018
Ontario - March 28, 2018
Prince Edward Island - April 6, 2018
Quebec - March 27, 2018
Saskatchewan - April 10, 2018
Yukon - March 1, 2018

At the time of writing, the majority of the above-mentioned budget speeches were tabled in their respective legislatures.

The 2018 DT Max tax planner takes into consideration the basic tax changes announced in each budget, allowing you for more effective planning opportunities, as well as the ability to perform cost projection calculations.

Please refer to these topics from our Knowledge Base for a detailed review of the tax changes implemented:

Non-refundable tax credits (2018)
Tax brackets and rates (2018)
Tax changes in DT Max (2018)
2018 Planner Standard Caveat

We would like to remind our users that the planner is equipped with the most recent information available at the time of our production process.

This information includes the 2018 tax rates and the 2017 non-refundable tax credits and tax brackets indexed to reflect the 2018 amounts.

In some cases, instead of an indexation factor, we have implemented the amounts prescribed by the taxing jurisdiction depending on the availability of the information.

However, please note that due to various factors beyond our control, certain new tax measures are not included in our planner version. Should you require a precise projection (rather than an estimate) of your client's 2018 tax liability, we strongly suggest that you review our planner's results with care.
Vista reminder

Don't let your business rely on an operating system that is no longer supported by Microsoft. If you have not upgraded to Windows 7 or higher, the security of your valuable data is at risk. And remember, since version 19.30 we no longer support using DT Max on Windows Vista.

For DT Max T1 & T3

2018 Ontario Budget measures announced (with Ontario government approval pending) and integrated in the current version

The Ontario budget, tabled on March 28, 2018, announced changes for the 2018 taxation year. At the time of the version release, some of these proposed changes are not law and are subject to the approval of the Parliament of Ontario. In light of the government recommendation of using the new tax rates for payroll deductions, DT Max has integrated the following in the current version:
1. Elimination of the Ontario surtax.
2. Addition of two new tax brackets with the tax rates adjusted accordingly.
3. Increase of the Ontario donations tax credit rate applicable to the portion of donations exceeding $200.

For DT Max T2, T3 & T5013

Suggestion from clients: new diagnostic for the CCA on specified energy property

CCA class 34, 43.1, 43.2, 47 or 48 exists. CCA cannot be used to create or increase a loss if the property is a specified energy property. Use CCALimit (for T2 and T5013) or CCA-Limit (for T3) if applicable.

DT Max T1

Version highlights
1. Suggestions from clients implemented in version 21.30
  1. Separate keyword for box 85 of the T4 slip
    
    Starting with tax year 2018, the keyword Med-Employee-paid (box 85) has been added to the keyword group T4. As a result, the option corresponding to box 85 has been deleted from the drop-down menu of keyword Footnotes.t4 in the same group.
  2. Entering a negative amount in box 21 of the T4A(OAS) slip
    
    Starting with the 2018 taxation year, you will be able to enter a negative amount in box 21 of the T4A(OAS) slip. A negative amount indicates a repayment of federal supplements and will first be reported on line 246 of the Quebec return as a deduction from net income, and then on line 276 with code 02 to adjust taxable income.
    
    No corresponding deduction is calculated on the federal return since the federal supplements are not taxable. In addition, the option "Net federal supplements" in the keyword RepaidAmount has been disabled for residents of provinces other than Quebec, since the deduction for the repayment of federal supplements is calculated on the Quebec return only.
  3. Simplifying the sharing of the home buyers' amount between spouses
    
    Starting with the 2018 tax year, when using the keyword Home-Buyers-Amt to indicate how the two spouses will be sharing the tax credit, DT Max will automatically carry over the amount claimed by each on line 369 of their respective Schedule 1 forms. From now on, users are no longer required to use both keywords Home-Buyers-Amt and Optimize to indicate how the amount is to be shared between spouses.
New keywords
1. In the keyword group T4 pertaining to employee-paid premiums for a private health services plan (box 85 of the T4 slip):
  1. Med-Employee-paid : T4 Box 85 - Employee-paid premiums for private health services plans (RL-1 box 235)
2. Following the change in the Quebec dividend tax credit rates for dividends received after March 27, 2018, the following keywords have been added in the keyword group T-Slip in relation to the T3/RL-16, T4PS/RL-25, T5/RL-3 and T5013/RL-15 slips:
  1. ELIGDIVBEF-ACTQUE : Actual amount of eligible dividends (before March 28, 2018)(Que. L.166)
  2. DIVIDENDBEF-ACTQUE : Actual amount of ordinary dividends (before March 28, 2018)
3. Following the change in the Quebec dividend tax credit rates for dividends received after March 27, 2018, the following keywords have been added in the SmartStart section "Investments":
  1. DIVELIGBEFMARCH28 : Taxable amount (138%) and source of eligible dividends paid before March 28, 2018 [Fed. 120] [Que. L.128]
  2. DIVORDBEFMARCH28 : Taxable amount (116%) and source of ordinary dividends paid before March 28, 2018 [Fed. 120] [Que. L.128]
4. To simplify the sharing of the home buyers' amount between spouses, the following keywords have been added to the keyword group Home-Buyers-Amt :
  1. Claim-Federal : Select how you want to claim the home buyers' amount on line 369 of Schedule 1
  2. Share-Claim.fed : Home buyers' amount claimed by the spouse on line 369 of Schedule 1
  3. Claim-Saskatchewan : Select how you want to claim the home buyers' amount on line 5837 of SK428
  4. Share-Claim.sk : Home buyers' amount claimed by the spouse on line 5837 of SK428
Revised keywords
1. Keyword Prison has been removed from the ProvCredit keyword group to become a primary keyword. In addition, the keyword Prison is now an integral part of the SmartStart section "Personal Information".
Deleted keywords
1. The following keyword has been deleted as a result of the elimination since July 2017 of the federal public transit amount:
  1. PUBLIC-PASSES
2. In the keyword group Donations , the following keyword has been deleted due to the expiry in 2018 of the federal first-time donor's super credit (FDSC):
  1. FEDFIRST-TIME
3. In the keyword group ProvCredit for the residents of British Columbia, the following keyword has been deleted due to the expiry in 2018 of the education coaching amount:
  1. EDUCATIONCOACHING
4. As a result of the elimination of the British Columbia children's fitness amount, the children's fitness equipment amount and the children's arts amount, the following keywords have been disabled for the residents of this province starting in 2018:
  1. SPORT-RECREATION
  2. ARTS-AMOUNT
5. Due to the addition of new keywords in the keyword group Home-Buyers-Amt as a means of simplifying the sharing of the home buyers' amount between spouses, the following keyword has been deleted:
  1. HOME-JOINTLY
New options
1. For the keywords Claim-Federal and Claim-Saskatchewan in the keyword group Home-Buyers-Amt , pertaining to the home buyers' amount:
  
  DT Max optimization (default)
  Claim full amount
  Claim specified amount
2. For the sub-keyword Share-Claim.fed of keyword Claim-Federal in the keyword group Home-Buyers-Amt , pertaining to the home buyers' amount:
  
  Amount claimed by spouse
  Amount claimed by this person
3. For the sub-keyword Share-Claim.sk of keyword Claim-Saskatchewan in the keyword group Home-Buyers-Amt , pertaining to the home buyers' amount:
  
  Amount claimed by spouse
  Amount claimed by this person
4. As a result of the changes affecting the Quebec dividend tax credit rates for dividends received after March 27, 2018, the following options have been added for keyword SPLIT-INCOME in the keyword group Split-Note , regarding the additional tax on split income for Quebec residents:
  
  Portion - taxable dividends bef. 28-03-2018 (not eligible)
  Portion - taxable dividends before 28-03-2018 (eligible)
Deleted options
1. For the keyword Footnotes.t4 pertaining to the T4 slip, the following option has been deleted due to a separate keyword added for box 85:
  
  [85] Employee-paid priv. health serv.
2. For the keyword Donations-CF , the following option has been deleted due to the expiry of the first-time donor's super credit (FDSC):
  
  Fed - Portion of gifts carried forward elig. for the FDSC
3. For the keyword Optimize , the following keywords have been deleted:
  
  T1 - Charitable donations (First-time donor super credit)
  T1 - Public transit
  T1 - Home buyers' amount (F369)
  SK - Home buyers' amount
New diagnostics
1. Notes and diagnostics
  
  Federal
  
  369 Home buyers' amount
  
  The keyword Home-Buyers-Amt has been entered in the family head and the spousal files.
  
  DT Max used the data entered in the family head and ignored the data entered in the spouse's file.
  
  Please verify the data or delete this group.

DT Max T2

Program certification

Federal:

For DT Max T2 version 21.30, the federal barcodes and the Corporation Internet Filing module have received full CRA certification valid for taxation years ending up to and including October 31, 2018, under the DT37 stamp.

Alberta:

Likewise, this version has received full certification for the RSI (Return and Schedule Information), as well as for the Net File module that allows the electronic filing of Alberta corporate tax returns, from Alberta's Tax and Revenue Administration (TRA) under the DT37 stamp.

RC59 and RC59X electronic submission:

Version 21.30 has also received full CRA certification for the electronic submission of the RC59 and the RC59X under the DT37 stamp.

Saskatchewan Corporation Capital Tax Return:

DT Max T2 has also received paper certification for the revised Saskatchewan corporation capital tax return. This form can be used for crown corporations, resident resource corporations and non-resident resource corporations.
Suggestion from clients: RC59 generated in prior years

The following new options have been added in the data entry for RC59 and/or MR69 forms generated in prior years under the keyword Consent :

Do not print RC59 (already submitted or other reason)
Do not print MR69 (already submitted or other reason)
Do not print AB consent (already submitted or other reason)
Do not print MB consent (already submitted or other reason)
Version highlights
1. CRA's T2 Auto-fill service now available in DT Max
  
  Version 21.30 of DT Max offers CRA's T2 Auto-fill service.
  
  The Canada Revenue Agency's (CRA) T2 Auto-fill secure service, available with T2 certified software products, lets business owners and authorized representatives download information from the CRA to their tax preparation software:
  - T2 Return Balances
  - Corporation Account Balances
  - Corporation Addresses
  For more information on this new exciting feature, please consult the CRA T2 Auto-fill Service and the Procedure to download T2 tax data from the CRA documents, available in our knowledge base.
2. Electronic submission of RC59/RC59X
  
  Efile service providers will have the capability to electronically submit the RC59/RC59X confirmation to the Canada Revenue Agency (CRA).
  
  In that respect, please note that the following changes were brought to the Preferences menu in version 21.30 of DT Max: in Preferences > Identification > Identification numbers, the fields for the federal GroupID and RepID numbers have been added, and in Preferences > User's defaults > Tax return, under the header Authorization form, the option "View update and delegate - RC59" has been added and the former option "Allow update access - RC59 (Grant power of attorney - MR-69)" has been changed to "View and update - RC59 (Grant power of attorney - MR-69)". In addition, rule 53, by which the date entered must be today or later, has been added to the keyword Expiry-Date .
  
  From the Efile menu, clicking RC59/RC59X e-submission and OK will transmit the RC59/RC59X confirmation.
  
  After you click OK, DT Max will automatically submit each RC59/RC59X confirmation 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 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 EFILERC59ERROR keyword and/or EFILERC59XERROR keyword , as applicable.
  
  IMPORTANT: You are required to retain a copy of the RC59/RC59X confirmation, signed by the authorized person, as the CRA may request a copy in the future. Please do not submit paper copies of the RC59/RC59X confirmation unless requested to do so by the CRA. Furthermore, note that if you are paper filing then the RC59 and the RC59X will be generated; if you are efiling the forms, then the RC59 and the RC59X confirmation pages will be generated.
  
  IMPORTANT: Please note the RC59/RC59X confirmation will no longer be displayed once the electronic submission has been accepted and the return has been recalculated. To display it, you must delete the applicable Progress keyword. To avoid electronically submitting a duplicate RC59 or RC59X in a subsequent year, we would recommend entering the Consent keyword and the option "Do not print RC59 (already submitted or other reason)".
3. Format change for date keywords
  
  As requested by Revenu Québec, format changes have been made for all date keywords within DT Max. DT Max users can no longer enter "00" for the month nor the day. If you had entered "00" in a previous version of DT Max, an error message will display in the data entry screen prompting you to fix the date format.
4. Electronic filing of Alberta returns by corporations
  
  Section 36.1 of the Alberta Corporate Tax Act (the ACTA) requires a "prescribed corporation" to file its Alberta Corporate Income Tax Return AT1 (AT1 Return) by way of electronic filing.
  
  The Alberta Corporate Tax Regulation (the Regulation) has been amended to define "prescribed corporation" to include the same corporations that are currently required to file T2 Corporation Income Tax Returns by way of electronic filing for federal tax purposes pursuant to the federal Income Tax Act (the ITA).
  
  Effective in respect of returns for taxation years ending after December 31, 2017, any corporation whose gross revenue exceeds $1 million will be required to file its Alberta AT1 Returns by way of electronic filing, with the following exceptions:
  1. an insurance corporation defined in subsection 248(1) of the ITA,
  2. a non-resident corporation,
  3. a corporation reporting in functional currency as defined in subsection 261(1) of the ITA, or
  4. a corporation that is exempt from taxation under section 35 of the ACTA and section 149 of the ITA.
  Due to this amendment, DT Max will now include the option "All eligible returns which meet the mandatory criteria" within the Alberta Efile setup. In addition to the setup, the Efile-Alberta keyword and the Notes and diagnostics page have also been updated.
  
  We recommend that you verify and, if necessary, refresh and re-save your settings within the Alberta Efile setup prior to calculating and transmitting an Alberta return.
  
  You can determine whether previously filed returns meet the mandatory criteria simply by forcing a recalculation [Alt + F9] of the return in question and verifying the Notes and diagnostics page.
5. AgriStability/AgriInvest programs statements: new item for keyword COMMODITY
  
  The new item "Cannabis" has been added to the list of commodities displayed in the keyword Commodity for the purposes of the AgriStability/AgriInvest programs statements.
6. Schedule 322: reduction of the small-business corporate income tax rate
  
  The P.E.I. budget reduces the small-business corporate income tax rate by 0.5% to 4%, effective January 1, 2018. The form has been updated to reflect this change.
7. Revenu Québec: format change for NEQ keyword in Jurisdiction group
  
  Please note that a change pertaining to the formatting requirements has been implemented to field 01a of the CO-17 return as per the SW-107 guide in order to include any corporation whose NEQ starts with 33 or 88. This change will be effective for the 2018 taxation year.
8. Quebec CO-771: Standardization of the tax rates for SMBs
  
  As announced in the 2018-2019 Quebec budget, in order to provide additional support to all SMBs in sectors other than the primary and manufacturing sectors, and thus standardize the tax rates applicable to SMBs, the small-business deduction (SBD) rate will be gradually raised so that the tax rate applicable to the portion of a corporation's income qualifying for the SBD reaches 4% in 2021. Consequently, the rate of the additional deduction for primary and manufacturing sector SMBs will be gradually reduced, and the additional deduction will be eliminated in 2021. These changes will apply to taxation years that end after March 27, 2018.
  
  At this time, Revenu Québec has not published an updated version of form CO-771. However, calculation changes have been implemented in Part 9.2 and Part 11.3 of the existing CO-771 to address the rate changes.
9. Known issues fixed in version 21.30
  1. CO-771 - Quebec small business deduction for tax years ending after March 27, 2018
New forms

Federal
- Schedule 89 - Request for Capital Dividend Account Balance Verification
  
  Schedule 89 is used for a private corporation to summarize the components making up its capital dividend account (CDA) balance as at the date entered on line 001 of the schedule.
  
  Include as many tax years as required. Start your list with the tax year that began after the corporation last became a private corporation and that ended after 1971. End your list on the CDA balance date shown on line 001 of Schedule 89. If you are completing this schedule before your tax year-end, use the keyword CDA-DateOV to enter the relevant date of the activity.
  
  If you have entered the keyword CDA-DateOV , this date will be carried forward and entered into the keyword CDA-Date for next year. Please verify and modify it if needed. DT Max will notify you with a message from the Notes and diagnostics section if this situation occurs.
  
  New keywords have been added in the data entry for this new form. Please verify that the data entry is correct and make any applicable changes.
- RC59 Confirmation Page
- RC59X Confirmation Page
Revised forms

Federal
- T2 Corporation Income Tax Return (2018 and later tax years)
  
  The form has undergone multiple changes. As such, Schedule 200 is now 8 pages long instead of 9 pages.
  
  The criteria to tick line 207 on page 2 has changed and as such affects the generation of Schedule 7.
  
  In the small business deduction section of the form, lines have been added to take into account the announcement that the small business tax rate would be 9% effective January 1, 2019, as announced by the Department of Finance on October 16, 2017.
  
  In the Refundable portion of Part I tax, Refundable dividend tax on hand, Dividend refund and Part I tax sections, lines have been deleted in order to remove references to days in the tax year before January 1, 2016.
- Schedule 5 - Tax Calculation Supplementary - Corporations (2017 and later tax years)
  
  Line 705 has been deleted due to the deletion of federal Schedule 460.
- Schedule 18 - Federal and Provincial or Territorial Capital Gains Refund (2017 and later tax years)
  
  New line 171 has been added in Part 2, Capital gains redemptions for the year.
  
  Use the keyword CGRedemption with the option "FMV of shares exchanged under subsection 131 (4.1)" if you wish to enter an amount on this line.
- Schedule 28 - Election not to be an Associated Corporation Through a Third Corporation (2016 and later tax years)
- Schedule 53 - General Rate Income Pool (GRIP) Calculation (2016 and later tax years)
  
  In Part 1, General rate income pool (GRIP), line 120 pertaining to income for the credit union deduction has been deleted.
  
  In addition, in Part 2, GRIP adjustment for specified future tax consequences to previous years, lines pertaining to income for the credit union deduction for the first, second and third previous year have also been deleted.
- Schedule 322 - Prince Edward Island Corporation Tax Calculation (2016 and later tax years)
- Schedule 381 - Manitoba Manufacturing Investment Tax Credit (2017 and later tax years)
  
  The form has been updated to reflect the fact that the credit, scheduled to expire on December 31, 2017, is extended to December 31, 2020.
  
  The form has undergone several changes. As such, we recommend that you verify the data entry and make applicable adjustments. The option "M & P equipment ITC - Manitoba" for the keyword ProvITCExp within the CCA-Class group has been deleted and new options have been added.
  
  In Part 1, Qualified property (acquired in this tax year) eligible for the credit, line 108 has been revised to reflect capital cost of qualified property acquired by the corporation before April 12, 2017, and new line 109 has been added for capital cost of qualified property acquired by the corporation after April 11, 2017. Use the keyword ProvITCExp within the CCA-Class group to enter either of these amounts.
  
  In Part 2, Total credit available for the year and credit available for carryforward, lines 121 and line 148 have been added and line 142 has been deleted.
- Schedule 383 - Manitoba Corporation Tax Calculation (2016 and later tax years)
  
  The form has been updated to reflect the fact that the income eligible for Manitoba's 0% small business income tax rate will increase from $450,000 to $500,000 on January 1, 2019. As well, starting January 1, 2019, the special tax deduction, which currently allows credit unions and caisses populaires to pay a lower rate of tax on a portion of their income, will be phased out over five years.
  
  In Part 1, Income subject to Manitoba lower and higher tax rates, the period before January 1, 2016, has been deleted and a new period after December 31, 2018, has been added.
  
  In Part 2, Income from active business when there is partnership income, the period before January 1, 2016, has been deleted and a new period after December 31, 2018, has been added.
- Schedule 384 - Manitoba Paid Work Experience Tax Credit (2017 and later tax years)
  
  The form has been updated in that the section of the form pertaining to the transitional 2015 hiring incentive has been deleted. As such, lines 100, 203 and 125 have been deleted.
  
  For line 260, under the section Co-op student hiring incentive, the maximum amount for the salaries and wages paid (less government assistance) increased from $10,000 to $33,333 per co-op student.
  
  For line 360, under the section Co-op graduate hiring incentive, the maximum amount for salaries and wages paid (less government assistance) decreased from $50,000 to $16,666 per graduate.
  
  In addition, effective starting with the 2017 tax year, crown corporations and other provincial government entities are no longer eligible for the credit.
  
  If the filing corporation is a general partner of a partnership, the credit is prorated by the corporation's share of the partnership.
- Schedule 389 - Manitoba Book Publishing Tax Credit (2017 and later tax years)
  
  In Part 3, Calculation of the Manitoba book publishing tax credit, line 450 pertaining to eligible printing costs incurred before April 13, 2011, has been deleted. Therefore, we strongly suggest that the data entered be verified and adjusted accordingly.
- Schedule 403 - Saskatchewan Research and Development Tax Credit (2017 and later tax years)
  
  The form has undergone major changes.
  
  Parts 1, 2 and 3 now apply to non-refundable credit for expenditures incurred before April 1, 2017, for the non-refundable credit available, request for carryback, and the credit available for carryforward.
  
  New Parts 5, 6 and 7 apply to non-refundable credit for expenditures incurred after March 31, 2017, for the non-refundable credit available, request for carryback, and the credit available for carryforward.
  
  As such, changes have been made to the existing keyword options for ProvITC-CF , ProvITC-CB , ProvITCExp.r , SR&EDInfo and Prov-Alloc . Therefore, we strongly suggest that the data entry be verified and adjusted accordingly.
- Schedule 560 - Ontario Interactive Digital Media Tax Credit (2016 and later tax years)
  
  Lines 410, 415, 420, 425, 465, 470, 471, and 472 pertaining to the eligible expenditures incurred before March 27, 2009, in Part 4, Eligible labour expenditures, have been deleted.
  
  Lines 570, 575, 576, and 577 pertaining to eligible marketing and distribution expenditures incurred before March 27, 2009, in Part 5, Eligible marketing and distribution expenditures for an eligible product (other than a specified product), have been deleted.
- T1135 - Foreign Income Verification Statement
  
  The keyword Prop-Type within the Foreign-Info group when the option "T1135 - Foreign income verification statement (detailed)" is selected is now mandatory. Please verify data entry and adjust accordingly.
Quebec
- CO-17 - Corporation Income Tax Return
- CO-17.A.1 - Net Income for Income Tax Purposes
- CO-17S.2 - Donations
  
  This form has been modified to reflect that the additional deduction for gifts of medicine made after March 18, 2007, and before March 22, 2017, can now be carried forward for 20 years. Gifts of medicine that have expired in previous years should be entered in the option for the appropriate prior year in the keyword Amount-CF.ch in the Charity keyword group.
- CO-771 - Calculation of the Income Tax of a Corporation
- CO-1159.2 - Compensation Tax for Financial Institutions
  
  Calculation changes have been added to the form due to the Quebec 2018 budget. The form itself has not been updated as Revenu Québec has not published a revised form at this time.
  
  As of April 1, 2018, adjustments to the rates of the compensation tax on amounts paid as wages apply and therefore the calculations in Section 2 line 25b, Section 4 line 47a column b and Section 7 line 68b column b of the form have been modified. New rates for Section 2 is 4.29%, 3.39% for Section 4, and 1.37% for Section 7.
  
  The concept of a maximum amount of amounts paid as wages subject to compensation tax has also been introduced in the budget for wages after March 31, 2018.
  
  A person's maximum amount subject for a taxation year will be:
  - in the case of a bank, a loan corporation, a trust corporation or a corporation trading in securities: $1.1 billion;
  - in the case of a savings and credit union: $550 million;
  - in the case of any other person: $275 million.
  This has been taken into consideration in the lines mentioned above.
- MR-93.1.1 - Notice of Objection
Alberta
- AT1 Schedule 3 - Alberta Other Tax Deductions and Credits
  
  Lines 124 and 224 of the form have been updated to include transfers on eligible amalgamations or eligible winding-up of a subsidiary.
  
  Use the keyword Amount-CF.a within the Alb-TaxCr group if you wish to enter these amounts.
- AT1 Schedule 12 - Alberta Income/Loss Reconciliation
- AT1 Schedule 14 - Alberta Cumulative Eligible Capital Deduction
Saskatchewan
- S.C.T. 1 Corporation Capital Tax Return
In-house forms
- Schedule 200 Summary for 2018 taxation year (5 years)
- Planning Summary - Federal 2018
- Carryforward Schedule
- Client letter
Deleted forms

Federal
- Schedule 460 - Northwest Territories Investment Tax Credit
New keywords
1. Standalone keyword pertaining to the Saskatchewan Corporation Capital Tax Return:
  1. Telecom-Capital : Amount of telecommunications capital
    
    Telecommunication corporations are subject to a telecommunication tax of 0.9% on their telecommunications capital.
2. In the CDA-Balance group, pertaining to the new federal Schedule 89, Request for Capital Dividend Account Balance Verification:
  1. BalanceDateOV : Override the capital dividend account balance date
    
    DT Max will automatically enter tax year-end on the CDA balance date shown on line 001 of Schedule 89. If you wish to override this date, use the BalanceDateOV keyword to do so.
  2. Verification : Is this a balance verification request?
    
    Use the Verification keyword to indicate if this is a balance verification request (Schedule 89).
  3. CDA-Date : Tax year-end for CDA component
    
    Use the CDA-Date keyword to enter the tax year-end or relevant date about the CDA components (except for eligible capital property). Start your list with the tax year that began after the corporation last became a private corporation and ended after 1971. End your list on the CDA balance date shown on line 001 of Schedule 89. If you are completing this schedule before your tax year-end, enter the relevant date of the activity.
    
    Use the CDA-Date keyword to enter the tax year-end pertaining to the CDA components (eligible capital property).
  4. CDA-LifeInsTrans : Balance of the corporation's life insurance CDA bef. May 24, 1985
    
    Use the CDA-LifeInsTrans keyword to enter the balance of the corporation's life insurance CDA immediately before May 24, 1985, in accordance with paragraph 89(1)(e).
  5. CDA-Pred : Amount from predecessor and subsidiary corporations
    
    Use the CDA-Pred keyword to enter the amount from predecessor and subsidiary corporations.
    
    For amalgamations and wind-ups before July 14, 1990, calculate the CDA balance of each predecessor or subsidiary corporation separately. Then add these CDA balances to the CDA of the successor or parent corporation. Do not carry forward negative amounts, since these are considered to be nil.
    
    For amalgamations and wind-ups after July 13, 1990, carry over the amounts of all the CDA components of each predecessor or subsidiary corporation into the calculation of the CDA components of the new corporation. As a result, a negative balance in a component of a CDA of a predecessor or subsidiary corporation has to show in the CDA of the successor or parent corporation. Include a separate CDA calculation on a separate schedule for each predecessor or subsidiary corporation.
  6. CDA-DateOV : Relevant date that ends listing, if different than CDA balance date on line 001, Sch. 89 - override
    
    In Part 1 of Schedule 89, column 1 refers to the tax year-end or relevant date. Include as many tax years as required. The list should start with the tax year that began after the corporation last became a private corporation and that ended after 1971. The list should end on the CDA balance date shown on line 001.
    
    DT Max will automatically end the list on the CDA balance date shown on line 001 of Schedule 89. If you wish to override this end date, use the keyword CDA-DateOV to do so.
  7. CDAcomponents-OV : Override the CDA components (except for ECP)
    
    Use the CDAcomponents-OV keyword to override the CDA components (except for ECP).
  8. CDA-ECPOV : Override the CDA balance for ECP
    
    Use the CDA-ECPOV keyword to override the CDA balance for eligible capital property, as calculated per paragraphs 89(1)(c), (c.1) and (c.2).
  9. Date-Div-CDA : Tax year-end or relevant date for capital dividends received
    
    Use the Date-Div-CDA keyword to enter the tax year-end or relevant date for the capital dividend received or paid in the previous years and in the current year.
  10. CDA-Trust : Non-taxable portion of CG or capital dividends from a trust
    
    Use the CDA-Trust keyword to enter the non-taxable portion of capital gains from a trust per paragraph 89(1)(f) and capital dividends from a trust per paragraph 89(1)(g) in the previous years and in the current year.
3. Pertaining to the new federal RC59 and RC59X confirmation pages:
  1. EFILERC59ERROR : RC59 efile error code
    
    The keyword EFILERC59ERROR lists the RC59 e-submission error message(s) received. Please refer to our knowledge base for a listing of all the RC59 error messages.
  2. EFILERC59XERROR : RC59X efile error code
    
    The keyword EFILERC59XERROR lists the RC59X e-submission error message(s) received. Please refer to our knowledge base for a listing of all the RC59X error messages.
4. In the IncomeSource group, pertaining to the new federal Schedule 89:
  1. BusNumber : Business number of corporation (for purposes of Schedule 89)
    
    If the corporation has received a non-taxable dividend as per ITA 83, the business number of the payer of the dividend entered in this IncomeSource group is required information for Schedule 89.
  2. Date-Payable : Date on which the capital dividend became payable (Schedule 89)
    
    This is the date on which the capital dividend became payable. This information is needed in Part 3 of federal Schedule 89.
5. In the Credit-Type subgroup, pertaining to federal Schedule 384, Manitoba Paid Work Experience Tax Credit:
  1. PARTNER-SHARE.C : Share of the interest in the partnership, if corporation is a general partner
    
    Use the keyword PARTNER-SHARE.C to indicate the corporation's share of the interest in the partnership if the salary and wages were paid by the partnership in which the corporation is a general partner.
6. In the new T2-Autofill group, pertaining to the CRA's new T2 Auto-fill service:
  1. NonCaploss : Non-capital loss balance (NCLB)
    
    CRA T2 Auto-fill service
    
    This balance represents the closing balance from line 180 of the T2 Schedule 4 of the last return assessed/reassessed according to our records. It does not include outstanding assessment activity, if any.
  2. Year-End-Time : Latest assessed return tax year end hour and minute, if applicable
    
    This is the latest assessed return tax year end hour and minute, if it applies.
  3. CapGainLoss : Capital gains and losses amounts (CGLA)
    
    CRA T2 Auto-fill service
    
    Amounts are as of current date, and do not include outstanding assessment activity, if any.
  4. T2-Autofill : CRA T2 Auto-fill service
    
    The CRA T2 Auto-fill service will deliver tax data and assessment details into DT Max T2. The T2 Auto-fill download options that are supported are: T2 return balances, corporation account balances and corporation BN data.
  5. YearEnd-CGLA : Available latest assessed return tax year ends (capital gains and losses amounts)
    
    These are the available latest assessed returns tax year ends up to 2002, ordered as descending chronologically.
  6. T2054-DATEPAYABLE : Date the dividend becomes payable (if filed with a T2054)
    
    This is the date the dividend becomes payable, if filed with a T2054.
  7. YE-BalRequest : Tax year end information up to date (if a CDA balance request)
    
    This is the tax year end information up to date, if it is a CDA balance request.
  8. YETIME-BALREQUEST : Tax year end information up to hour and minute, if applicable
    
    This is the tax year end information up to hour and minute, if it applies and if it is a CDA balance request.
  9. Components : Components of CDA
    
    This is a listing of the different components making up the CDA balance.
  10. OTH-DEDUCTIONS : Other deductions making up the CDA balance
    
    This is a listing of other deductions to arrive at the CDA balance.
  11. DIVIDENDPAYABLE : Date and amount of dividend payable
    
    This is the date and the amount of the dividend payable.
  12. CDA-BALANCEASOF : Capital dividend account balance as of processed date
    
    This is the capital dividend account balance as of processed date.
  13. CDA : Whether there is capital dividend account return balance information
    
    CRA T2 Auto-fill service
    
    A capital dividend account is a notional account that is calculated for a private corporation. The account consists of an ongoing calculation that includes specific non-taxable amounts from as early as 1972 and continues to when the account is being reviewed. Since the account is an ongoing calculation, the balance can change at any point of the year. For example, any time a capital property is sold, the gain or loss affects the balance in the account at once.
  14. AssessedYE : Latest assessed return tax year end
    
    This is the latest assessed return tax year end for the "Filing period" account balance type only.
  15. AssessedYE-Time : Latest assessed return tax year end hour and minute, if applicable
    
    This is the latest assessed return tax year end hour and minute, if it applies, for the "Filing period" account balance type only.
  16. Interim-Bal : Interim balance indicator and amount
    
    This is the interim balance debit or credit indicator and the interim balance amount for the period end.
  17. Collectible-Bal : Collectible balance indicator and amount
    
    This is the collectible balance debit or credit indicator and the collectible balance amount for the period end.
  18. AcctBalance-Type : Type of account balance
    
    CRA T2 Auto-fill service
    
    This selection will display the Interim balance that is the result of payments and credits received for a period-end for which a return has not yet been processed. This selection also provides the debit/credit balance for a period-end that has been assessed, including accrued interest calculated to the current date, but does not include amounts under dispute, amounts not yet due, amounts not yet applied, or held credits.
    
    The accounting information is summarized by period-end(s) based on accounting transactions that occurred on the account in the previous five calendar years, up to and including the current date. If applicable, accounting information older than five calendar years will be totalled and summarized in prior periods. Information will be displayed in chronological order. Amounts on the account that are not associated with a period-end will appear in the non-reporting period.
  19. Effective-Date : Address effective date
    
    This is the address effective date.
  20. ReturnMail : Return mail indicator (mailing address only)
    
    This is the return mail indicator (RMI) if applicable for the mailing address only.
    
    CRA T2 Auto-fill service
    
    If the RMI code equals "true", that means that according to CRA records, the corporation's mailing address is not up to date. Please verify the address and make the necessary updates. If the RMI code equals "false", that means that according to CRA records, the corporation's mailing address is up to date.
  21. Email-Address : Email address on file
    
    This is the current electronic address that is on file with the CRA.
  22. Email.af : Email address sequence number
    
    This is the current electronic address sequence number. A maximum of 3 email addresses will be displayed.
  23. Address-Data : Head office address, mailing address and books and records address information
    
    This option will allow the user to view the address information that is on file.
Revised keywords
1. In the Alb-TaxCr group, pertaining to the Alberta AT1 Schedule 3, Alberta Other Tax Deductions and Credits:
  1. Amount-CF.a : Amount carried forward from prior years and transfers
    
    Use the keyword Amount-CF.a to enter the total amounts carried forward from prior years and transfers on eligible amalgamation or eligible winding-up of a subsidiary.
    
    The Alberta investor tax credit is non-refundable and may be carried forward for up to four years.
    
    The Capital investment tax credit is non-refundable and may be carried forward for up to 10 years.
2. Pertaining to the CRA's email notification service:
  1. OnlineMail : Whether to register for email notifications
    
    Corporations may register for "Email notifications" by submitting an email address and agreeing to the terms of use for email notifications with the filing of their return.
    
    To learn more about this service, please refer to the detailed description pertaining to this keyword by using the [Ctrl + F8] keys.
Deleted keywords
1. In the RISK-CAPITAL group, pertaining to the deleted federal Schedule 460, Northwest Territories Investment Tax Credit:
  1. RISK-CAPITAL : Types and amounts of investments eligible for credit
  2. CERT-# : Certificate number
2. In the ProvITC-CF group, also pertaining to the deleted federal Schedule 460:
  1. NWTITC-CF : Opening ITC carryforward available & year earned
3. In the Credit-Type subgroup within the Employment group, pertaining to federal Schedule 384:
  1. CURRENTYR-CRED : Serial number on proof-of-credit certificate for work placement and tax credit amount

New options

For the keyword ProvITCExp , pertaining to federal Schedule 381, Manitoba Manufacturing Investment Tax Credit:

M&P equipment ITC acquired before April 12, 2017
M&P equipment ITC acquired after April 11, 2017
For keywords ProvITC-OV.r , ProvITC-CF and ProvITC-CB , pertaining to federal Schedule 403, Saskatchewan Research and Development Tax Credit:

SR&ED ITC - Sask. (non-refundable) after March 31, 2017
For the keyword Consent , pertaining to the federal RC59, the Quebec MR69, the Alberta Consent form and the Manitoba Consent form:

Do not print RC59 (already submitted or other reason)
Do not print MR69 (already submitted or other reason)
Do not print AB consent (already submitted or other reason)
Do not print MB consent (already submitted or other reason)

For the keyword JUR-INCORP , pertaining to federal Schedule 548, Corporations Information Act Annual Return for Foreign Business Corporations:

BB		Bahrain
CC		Curacao
NR		Northern Ireland
SI		Sierra Leone
CD		Commonwealth of Dominica
EE		Estonia
LBU		Labuan
LC		St. Lucia
LT		Lithuania
RS		Republic of Serbia
SRB		Serbia
SX		Slovenia
TY		Turkey
UG		Uganda
UR		Uruguay

For the keyword ProvCr-Alloc , pertaining to federal Schedule 381, Manitoba Manufacturing Investment Tax Credit:

Qual. prop. from partnership after April 11, 2017 - sch. 381
Qual. prop. from trust after April 11, 2017 - sch. 381
For the keyword Prov-Alloc , pertaining to federal Schedule 403:

Credit from partnership after March 31, 2017 - sch. 403
Credit from trust after March 31, 2017 - sch. 403
For the keyword RenounceCROV.s , pertaining to federal Schedule 381:

Credit renounced earned after April 11, 2017
For the keyword CDA-Balance , pertaining to the new federal Schedule 89:

CDA Components - list of ECP for tax yr. bef. Feb. 28, 2000
CDA Components - list of ECP for tax yr. aft. Feb. 27, 2000
For the keyword CDA-ECP , pertaining to the new federal Schedule 89:

Amount included in income arising from disp.
For the keyword CDA-Trust , pertaining to the new federal Schedule 89:

Non-taxable cap gains from Trust before Sept. 16, 2016
Non-taxable cap gains from Trust after Sept. 15, 2016
Capital dividends from Trust before Sept. 16, 2016
Capital dividends from Trust after Sept. 15, 2016
For the keyword CDAcomponents-OV , pertaining to the new federal Schedule 89:

CDA Override - non-tax/ded. cap gains/losses 89(1)(a)
CDA Override - capital dividends received per 89(1)(b)
CDA Override - net proceeds of a life insurance 89(1)(d)
CDA Override - non-taxable cap gains from trust 89(1)(f)
CDA Override - capital dividends from trust 89(1)(g)
CDA Override - capital dividends payable per 83(2)
For the keyword CGRedemption , pertaining to federal Schedule 18, Federal and Provincial or Territorial Capital Gains Refund:

FMV of shares exchanged under subsection 131 (4.1)
For the keyword SR&EDInfo , pertaining to federal Schedule 403:

SR&ED tax credit after March 31, 2017 - Saskatchewan
For the keyword Efile-Alberta , pertaining to the Alberta Efile service:

Yes - if refund/mandatory criteria is met (Alberta)
For the keyword Progress , pertaining to the new federal RC59 and RC59X confirmation pages:

RC59 Business consent - submitted
RC59X Cancel business consent - submitted
For the keyword Days-FinIns , pertaining to Quebec form CO-1159.2, Compensation Tax for Financial Institutions:

Days in tax yr after March 31/2018 & before April 1/2019
For the keyword Wages-FinIns , also pertaining to Quebec form CO-1159.2:

Total salaries after March 31, 2018, & before April 1, 2019
For the keyword Letter-Data , pertaining to the new federal RC59 and RC59X confirmation pages:

RC59 - Confirmation page [0=No, 1=Yes]
RC59X - Confirmation page [0=No, 1=Yes]
For the keyword Level-Authorize , pertaining to the new federal RC59 and RC59X confirmation pages:

View update and delegate (Federal online access only)
For the keyword Net-Inc-Ded , pertaining to Quebec form CO-17.A.1, Net Income for Income Tax Purposes:

Additional CCA - Data processing or M&P equipment (60%)
For the keyword Que-Credits , pertaining to Quebec form CO-17, Corporation Income Tax Return:

Employee training tax credit - SMB
Digital transformation of print media companies
Pyrolysis oil production in Quebec
For the keyword Special-Tax , also pertaining to Quebec form CO-17:

Employee training tax credit - SMB
Digital transformation of print media companies
Pyrolysis oil production in Quebec

Revised options
1. For keywords ProvITC-OV.r , ProvITC-CF and ProvITC-CB , pertaining to federal Schedule 403:
  
  SR&ED ITC - Sask. (non-refundable) before April 1, 2017
2. For the keyword ProvCr-Alloc , pertaining to federal Schedule 381:
  
  Qual. prop. from partnership bef. April 12, 2017 - sch. 381
  Qual. prop. from trust before April 12, 2017 - sch. 381
3. For the keyword Prov-Alloc , pertaining to federal Schedule 403:
  
  Credit from partnership before April 1, 2017 - sch. 403
  Credit from trust before April 1, 2017 - sch. 403
4. For the keyword RenounceCROV.s , pertaining to federal Schedule 381:
  
  Credit renounced earned before April 12, 2017
5. For the keyword CDA-Balance , pertaining to the new federal Schedule 89:
  
  CDA Components - except for eligible capital property
6. For the keyword SR&EDInfo , pertaining to federal Schedule 403:
  
  SR&ED tax credit before April 1, 2017 - Saskatchewan
7. For the keyword Salary , pertaining to federal Schedule 384, Manitoba Paid Work Experience Tax Credit:
  
  Salaries paid by corp or partnership for work placement
8. For the keyword Days-FinIns , pertaining to Quebec form CO-1159.2:
  
  Days in tax yr after Dec. 2/2014 & before April 1/2018
9. For the keyword Wages-FinIns , also pertaining to Quebec form CO-1159.2:
  
  Total salaries after Dec. 2, 2014 & before April 1, 2018
Deleted options
1. For the keyword Print-Costs , pertaining to federal Schedule 389, Manitoba Book Publishing Tax Credit:
  
  Printing costs incurred before April 13, 2011
2. For the keyword Labour-Costs.b , also pertaining to federal Schedule 389:
  
  Portion of salaries paid after April 9/08 to Man. employees
3. For the deleted keyword RISK-CAPITAL, pertaining to the deleted federal Schedule 460, Northwest Territories Investment Tax Credit:
  
  Labour sponsored venture capital corporations
  Community endorsed venture capital corporations
  Direct investment in territorial business corp
4. For the keywords ProvITC-OV , ProvITC-CF and ProvITC-CB , also pertaining to the deleted federal Schedule 460:
  
  Risk capital ITC - N.W.T.
5. For the keyword ProvITCExp , pertaining to federal Schedule 381:
  
  M & P equipment ITC - Manitoba
6. For the keyword Eligible-Exp within the Digital-Media group, pertaining to federal Schedule 560, Ontario Interactive Digital Media Tax Credit:
  
  Qual. labour exp. after Mar. 23, 2006, & bef. Mar. 26, 2008
  Qual. labour exp. after Mar. 25, 2008, & bef. Mar. 27, 2009
  Qual. mark./distr. after Mar. 23, 2006, & bef. Mar. 26, 2008
  Qual. mark./distr. after Mar. 25, 2008, & bef. Mar. 27, 2009
  Qual. labour exp. before March 24, 2006
  Qual. marketing/distribution exp. before March 24, 2006
7. For the keywords Before-Future-Adj and After-Future-Adj , pertaining to federal Schedule 53, General Rate Income Pool (GRIP) Calculation:
  
  Income for credit union deduction
8. For the keyword ProvCr-Alloc , pertaining to federal Schedule 381:
  
  Qual. prop. from partnership before July 1, 2013 - sch. 381
  Qual. prop. from trust before July 1, 2013 - sch. 381
9. For the keyword RenounceCROV.s , pertaining to federal Schedule 381:
  
  Credit renounced earned before July 1, 2013
10. For the keyword CDA-LifeIns , pertaining to federal Schedule 89:
  
  Life ins CDA transferred May 24/85
11. For the keyword Credit-Type , pertaining to federal Schedule 384:
  
  Transitional hiring incentive
12. For the keyword Efile-Alberta , pertaining to the Alberta Efile service:
  
  Yes - if a refund is expected
13. For the keyword Amount.s in the SaskResSales group , pertaining to the Saskatchewan Corporation Capital Tax Return:
  
  Resource sales at 3.6%
  Resource sales at 3.3%
  Resource sales at 3.1%
  Resource sales at 2.0%
  Resource sales at 1.85%
  Resource sales at 1.75%

DT Max T3

Version highlights
1. Known issues fixed in version 21.30
  
  The following issues pertaining to the T3 Trust Income Tax and Information Return have been fixed in this version of DT Max:
  1. Elected amount as per ITA 164(6)d)
    
    An amount elected as per paragraph 164(6)d) of the ITA is no longer deductible under the trust once the election is taken. For 2018 onwards, the amount elected will be entered on the Non-Capital Loss Carryforward Schedule and will reduce the non-capital loss carryforward available for the following year.
  2. Surtax on Schedule 12 not calculated
    
    The surtax on line 53 of Schedule 12, Minimum Tax, for income not subject to provincial or territorial tax was not being calculated where the T3MJ form was not being generated. This issue has been resolved in version 21.30.
2. Suggestions from clients implemented in version 21.30
  1. Default printing of firm's address on client letter and invoice
    
    A new option has been added to the Preferences menu. Under Preferences > User's defaults > Tax return, there is now a tick box to print the address of the firm on the client letter and invoice. DT Max T3's default will be to have this box ticked. This new option allows the user to remove the firm's address from the client letter and the client invoice on a global basis.
  2. Overriding the automatic calculation of the 20(11) deduction
    
    A new keyword For-Deduct-OV.t has been entered in the T-Slip group to override the automatic calculation of the 20(11) deduction when there is foreign income tax paid.
3. 2018 Quebec budget: reduction of the dividend tax credit rates
  
  The eligible dividend tax credit rate, which applies to the dividend gross-up amount, has been reduced from 11.9% to:
  - 11.86% for a dividend received after March 27, 2018, and before January 1, 2019;
  - 11.78% for a dividend received in 2019; and
  - 11.7% for a dividend received after December 31, 2019.
  Similarly, the non-eligible dividend tax credit rate, which applies to the dividend gross-up amount, has been reduced from 7.05% to:
  - 6.28% for a dividend received after March 27, 2018, and before January 1, 2019;
  - 5.55% for a dividend received in 2019;
  - 4.77% for a dividend received in 2020; and
  - 4.01% for a dividend received after December 31, 2020.
  These rates will apply to dividends retained in the trust. New options have been added so that amounts can be entered for each period.
4. 2018 Saskatchewan budget: adjustment of the dividend tax credit rates
  
  The provincial dividend tax credit for 2018 and 2019 has been adjusted for non-eligible dividends to 3.3333% for 2018 and 3.362% for 2019.
5. Election under ITA subsection 104(13.4)(b.1)
  
  Deemed disposition of capital gains can now be allocated to the spouse or common-law partner in certain situations when a joint election is filed under this subsection. To enable this allocation, the keyword JointElectDeemDisp must be used in the Beneficiary keyword group.
6. RC199 - Voluntary Disclosures Program (VDP) Application
  
  The CRA released Information Circular IC00-1R6 - Voluntary Disclosures Program, which implements significant changes to the program that narrows its application and offers less generous relief.
  
  For 2018, DT Max T3 has made considerable changes to the Voluntary-Disclose keyword group. A list of all the new keywords are listed below. It would be important to review any existing data entries for this group.
Revised forms

Federal
- Schedule 11 - Federal Income Tax
- T3AB - Alberta Tax
- T3BC - British Columbia Tax
- T3MB - Manitoba Tax
- T3NB - New Brunswick Tax
- T3NL - Newfoundland and Labrador Tax
- T3NT - Northwest Territories Tax
- T3NU - Nunavut Tax
- T3ON - Ontario Tax
- T3SK - Saskatchewan Tax
- T3YT - Yukon Tax
- T3MJ - T3 Provincial and Territorial Taxes for 2018 - Multiple Jurisdictions
- T3-DD - Direct Deposit Request for T3
- RC199 - Voluntary Disclosures Program (VDP) Application
In-house forms
- Schedule B - Investment Income and Expense Supplementary
- Non-Capital Loss Carryforward Schedule (Federal and Quebec)
- Client letter
- Client invoice
New keywords
1. In the T-Slip group :
  1. For-Deduct-OV.t : Override of deduction pursuant to subsection 20(11)
    
    Use the keyword For-Deduct-OV.t to override the automatic calculation of the deduction claimed under subsection 20(11).
    
    This type of entry must be personalized, i.e. the 20(11) deduction is calculated on an individual basis. A separate 20(11) deduction will be calculated for each investment income, for each different country. Therefore, if an override is required, it must be entered within the group where it is to apply.
    
    DT Max will enter this amount as other deduction from total income on line 40 of the federal return and on line 70 of the Quebec return.
2. In the Beneficiary group:
  1. JointElectDeemDisp : Joint election under ITA S.104(13.4)(b.1) for deemed disposition
    
    Use the keyword JointElectDeemDisp to indicate that a joint election has been filed to report the deemed income in the beneficiary's final T1 return.
    
    For 2016 and future years, where a beneficiary of a testamentary spousal or common-law partner trust dies, there is a deemed year end of the trust on the date of death of the beneficiary.
    
    A joint election between the trust and the deceased beneficiary's graduated rate estate can be filed to report the income that is deemed to be recognized by the trust upon the death of the primary beneficiary in the beneficiary's final T1 return.
    
    This income shall be reported on the T3 slip issued to the beneficiary.
    
    For the joint election to be valid, all the following requirements must be met:
    - immediately before death, the beneficiary was a resident of Canada.
    - the trust is a testamentary trust that is a post-1971 spousal or common-law partner trust and was created by the will of a taxpayer who died before 2017.
    - the trust and the beneficiary's graduated rate estate(GRE) jointly elect in a prescribed form.
    - a copy of the joint election is filed with both the final T1 return of the beneficiary and the T3 return for the deemed year end of the trust.
    As the legal representative of the deceased beneficiary, you need to attach to the final return the joint election in the form of a letter which contains:
    - a heading identifying it as a subsection 104(13.4) election;
    - the T1 and T3 account numbers;
    - the income amount that was allocated in the T3 slip and reported on the T1 return of the deceased beneficiary; and
    - the signatures, names and addresses of both the trustee and the executor for the deceased beneficiary.
3. In the Voluntary-Disclose group, pertaining to federal form RC199, Voluntary Disclosures Program (VDP) Application:
  1. Asset-Income.vdp : Whether the asset reported generated income
    
    Use the keyword Asset-Income.vdp to indicate whether the asset reported on the information return generated income. This information will be captured on RC199, Section 3.
  2. Name.vdp : Name of the advisor
    
    Use the keyword Name.vdp if the assistance of an advisor was received regarding the non-compliance subject matter disclosed on the application. The name of the advisor will be entered on RC199, Section 2 under "Other required information".
  3. Payment-Method.vdp : Select the appropriate payment method
    
    Use the keyword Payment-Method.vdp to indicate the payment method, if applicable. This information will be entered on RC199, Section 2, part 5 - Payment.
  4. IncomeReported.vdp : Whether the income has been reported
    
    Use the keyword IncomeReported.vdp to indicate whether the income generated from the asset has been reported. This information is required for Section 3 of form RC199.
  5. Year-Reported.vdp : Indicate the year(s) the income was reported
    
    Use the keyword Year-Reported.vdp to indicate the year(s) the income was reported. This information is required for Section 3 of form RC199.
  6. Expense-Cr-Detail : Explanation of all expenses or credits being claimed
    
    Use the keyword Expense-Cr-Detail to enter a detailed explanation of all expenses or credits being claimed. All supporting documentation for the expenses or credits must be included with the application.
  7. Income-Type.vd : Type of foreign income
    
    Use the keyword Income-Type.vd to enter the type of foreign income. This information will be entered in Section 6 - Part A of Form RC199.
  8. Tax-Year.vd : Relevant tax year(s)
    
    Use the keyword Tax-Year.vd to enter the relevant tax year(s) in which the foreign income applies.
  9. Gross-Amount.vd : Gross amount of income disclosed
    
    Use the keyword Gross-Amount.vd to enter the amount of foreign gross income being disclosed.
  10. Net-Tax-Owed.vd : Estimated net tax owing
    
    Use the keyword Net-Tax-Owed.vd to enter the estimated amount of net tax owed on the foreign income being disclosed.
  11. Asset-Income.vd : Whether the asset generated income
    
    Use the keyword Asset-Income.vd to indicate whether the foreign asset identified has generated income. This information will be entered in Section 6 - Part B of form RC199.
  12. IncomeReported.vd : Whether the income has been reported
    
    Use the keyword IncomeReported.vd to indicate whether the income generated from the asset has been reported. This information is required for Section 6 of form RC199.
  13. Year-Reported.vd : Tax year(s) income was reported
    
    Use the keyword Year-Reported.vd to indicate the tax year(s) the foreign income was reported. This information is required for Section 6 of form RC199.
  14. Income-Application : Whether income is part of this application
    
    Use the keyword Income-Application to indicate whether the foreign income is part of this application.
  15. AcctOpen-Detail.vd : Details on opening account
    
    Use the keyword AcctOpen-Detail.vd to explain how you learned about opening the account (for example, marketing by domestic institution or representative; sales agent from offshore entity; lawyer, accountant).
  16. OriginalCap-Amt.vd : Original capital contribution
    
    Use the keyword OriginalCap-Amt.vd to enter the amount of original capital contribution upon the creation of the offshore asset.
  17. OriginalCap-Source : Source of the original capital contribution
    
    Use the keyword OriginalCap-Source to indicate the source of the original capital contribution.
  18. Funds.vd : Type of fund
    
    Use the keyword Funds.vd to indicate whether the funds were pre-tax or post-tax.
  19. Move-Detail.vd : Details on how the funds were moved
    
    Use the keyword Move-Detail.vd to enter the details on how the funds were moved from Canada to the offshore account. Provide details as to the steps involved in moving the funds.
  20. Non-TaxableSource : Whether asset was bought from non-taxable source
    
    Use the keyword Non-TaxableSource to indicate whether the asset was bought from a non-taxable source, such as an inheritance or gift.
  21. Source-Detail.vd : Select a non-taxable source
    
    Use the keyword Source-Detail.vd to select the non-taxable source used to buy the asset.
  22. Self-ManageAcct.vd : Whether the account was self-managed
    
    Use the keyword Self-ManageAcct.vd to indicate whether the account was self-managed.
  23. Association.vd : Whether any financial instrument was associated with the account
    
    Use the keyword Association.vd to indicate whether any financial instruments were associated with the account in question.
  24. Instrument-Detail : Details of financial instrument association
    
    Use the keyword Instrument-Detail to provide details on the financial instrument association (i.e. offshore debit card or offshore credit card).
  25. ACQUISITIONDATE.VD : Date of acquisition
    
    Use the keyword ACQUISITIONDATE.VD to enter the date of acquisition of shares of non-resident corporations (other than foreign affiliates). This information will appear in Section 6 - Part E of form RC199.
  26. ORIGINAL-COST.VD : Original cost of shares
    
    Use the keyword ORIGINAL-COST.VD to enter the original cost amount of the shares.
  27. Rep-Sign-Date.vd : Sign date of authorized representative
    
    Use the keyword Rep-Sign-Date.vd to enter the date on which the authorized representative signed the application.
  28. ForeignIncome.vdp : Asset or source of foreign income
    
    Use the keyword ForeignIncome.vdp to disclose the foreign asset or source of income.
Deleted keywords
1. In the Election subgroup of the Trust group, pertaining to Quebec form TP-1012.B:
  1. TERMINAL-LOSS : Losses claimed under sect. 1054 attributed to terminal losses
    
    This keyword is now replaced with the option "Subs. 164(6) election (terminal loss) /s. 1054" in the keyword Election (see our New options section for details.)
New options
1. For the keywords Dividends (in the IncomeSource group) , Dividend.t (in the T-Slip group), EligDividend-Act and Dividend-Act (in the Partnership group), pertaining to Quebec Schedule B, Investment Income, Gross-Up of Dividends Not Designated and Adjustment of Investment Expenses:
  
  Actual amount of ordinary dividends (28/03/18 - 31/12/18)
  Actual amount of ordinary dividends (01/01/18 - 27/03/18)
  Actual amount of ordinary dividends (2017)
  Actual amount of eligible dividends (28/03/18 - 31/12/18)
  Actual amount of eligible dividends (rec'd before 28/03/18)
2. For the keyword Election in the Trust group, pertaining to Quebec form TP-1012.B, Carry-Back of a Deduction or Tax Credit:
  Subs. 164(6) election (terminal loss) /s. 1054
  
  The legal representative of the trust can elect to transfer estate losses to the final return of the deceased person. The estate losses which can be transferred are all or any portion of the terminal loss (not exceeding the total of the graduated rate estate's non-capital loss and farm loss before the election) resulting from the disposition of all of the depreciable property of a prescribed class of the graduated rate estate .
  
  The elected amount will be entered on the Quebec form TP-1012.B.
  
  If you are making an election under 164(6) for the graduated rate estate, attach the following to the T3 return:
  - a letter indicating that an election under 164(6) is being made and providing the following information:
    - the amount of the terminal loss elected to be deductible in computing the income of the deceased person; and
    - a schedule with the details of the terminal loss and a statement of the amounts that would have been the non-capital loss and the farm loss of the estate for its first tax year had the election not been made.
  In previous versions, the election under Subs. 164(6) for terminal losses was entered with the keyword TERMINAL-LOSS with the option "Subs. 164(6) election (capital losses)/s. 1054". For 2018 onwards, a separate option for this election is available in the keyword Election within the Trust group.
  
  The keyword TERMINAL-LOSS has been replaced by the option above. An automatic conversion will be made for any existing 2018 entries of this keyword.
3. For the keyword Payment-Method.vdp , pertaining to federal form RC199, Voluntary Disclosures Program (VDP) Application:
  
  Bank teller receipt
  Online payment receipt
  Cheque
  Payment not required
  Request for a payment arrangement
4. For the keyword Default-Type.vdp , pertaining to federal form RC199:
  
  Unreported business income
  Unreported interest
  Unreported dividend
  Unreported capital gains
  Unreported rental income
  Unreported pension income
  Unreported wages
  Unreported benefits
  Overstated expenses
  Source deductions
  Other (specify)
5. For the subgroup keyword Income-Type.vd in the ForeignIncome.vdp group, pertaining to the RC199:
  
  Employment income
  Other employment income
  Disability benefits
  Pensions and superannuation
  Employment insurance
  Interest income
  Dividend income
  Partnership income
  Rental income
  Taxable capital gains
  Support payments received
  Business income
  Dispositions
  Royalty income
  Gambling income
  Other income (specify)
6. For the keyword ForeignIncome.vdp , pertaining to the RC199:
  
  Funds held outside Canada
  Shares of non-resident corp (other than foreign affiliates)
  Indebtedness owed by a non-resident
  Interests in non-resident trusts
  Real property outside Canada (other than personal)
  Property held in acct with Cnd reg. securities dealer
  Other property outside Canada
  Other (specify)
7. For the subgroup keyword Funds.vd pertaining to the RC199:
  
  Pre-tax
  Post-tax
8. For the subgroup keyword Source-Detail.vd pertaining to the RC199:
  
  Any GST/HST credit, Canada child benefit or payments
  Child assist. pmts and the supplement for handicapped child
  Compensation rec. as victim of criminal act or car accident
  Most lottery winnings
  Most gifts and inheritances
  Amounts paid by Canada or an ally for war service
  Most amounts rec. from life insurance policy
  Elementary and secondary school scholarships and bursaries
  Post secondary school scholarships, fellowships, bursaries
  Most amounts received from a TFSA
9. For the keyword Disclosure-Info , pertaining to the RC199:
  
  Estimate of income being provided with application
  Payment or proof of payment attached
  Received assistance from an advisor for this application
Deleted options
1. For the keyword Disclosure-Info , pertaining to form RC199:
  
  Type of income involved
  Breakdown of taxation years or periods and amounts

DT Max T5013

Version highlights

Assembly instructions now available for T5013

Assembly instructions are now available and will be automatically generated in by DT Max (in the Tax return section) for partnerships that are filing either in paper form or electronically.

New dividend gross-up and tax credit rates for 2018 and 2019

New options have been added to incorporate the following changes:

Federal Non-Eligible Dividends
Received in:	Gross-up	Credit on gross-up amount
2018	116%	8/11
2019	115%	9/13

Quebec Non-Eligible Dividends
Received in:	Gross-up	Credit on gross-up dividend
2018 before March 28	116%	7.05%
2018 after March 27	116%	6.28%
2019	115%	5.55%

Quebec Eligible Dividends
Received:	Gross-up	Credit on gross-up dividend
Before March 28, 2018	138%	11.90%
In 2018 after March 27	138%	11.86%
In 2019	138%	11.78%

New forms
- Assembly instructions
Revised forms

Federal
- T2058 - Election of Disposition of Property by a Partnership to a Taxable Canadian Corporation
New options
1. For the keyword IncomeSource , pertaining to the T5013 slip and the Quebec RL-15 slip:
  
  Eligible dividends received before March 28, 2018
  Eligible dividends received in 2018 after March 27
  Eligible dividends received in 2019
  Ordinary dividends received in 2018
  Ordinary dividends received in 2018 before March 28
  Ordinary dividends received in 2018 after March 27
  Ordinary dividends received in 2019
2. For the keyword Net-Inc-Ded in the NetIncome group pertaining to Quebec Schedule F, Net Income for Income Tax Purposes:
  
  Additional CCA - Data processing or M&P equipment (60%)
Deleted options
1. For the keyword IncomeSource pertaining to the T5013 slip and the Quebec RL-15 slip:
  
  Ordinary dividends paid in 2014 or 2015

June 20, 2018

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In this version...

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Implementation of announced tax changes

2018 Planner Standard Caveat

Vista reminder

For DT Max T1 & T3

2018 Ontario Budget measures announced (with Ontario government approval pending) and integrated in the current version

For DT Max T2, T3 & T5013

Suggestion from clients: new diagnostic for the CCA on specified energy property

DT Max T1

Version highlights

Suggestions from clients implemented in version 21.30

Separate keyword for box 85 of the T4 slip

Entering a negative amount in box 21 of the T4A(OAS) slip

Simplifying the sharing of the home buyers' amount between spouses

New keywords

Revised keywords

Deleted keywords

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New diagnostics

Notes and diagnostics

DT Max T2

Program certification

Suggestion from clients: RC59 generated in prior years

Version highlights

CRA's T2 Auto-fill service now available in DT Max

Electronic submission of RC59/RC59X

Format change for date keywords

Electronic filing of Alberta returns by corporations

AgriStability/AgriInvest programs statements: new item for keyword COMMODITY

Schedule 322: reduction of the small-business corporate income tax rate

Revenu Québec: format change for NEQ keyword in Jurisdiction group

Quebec CO-771: Standardization of the tax rates for SMBs

Known issues fixed in version 21.30

CO-771 - Quebec small business deduction for tax years ending after March 27, 2018

New forms

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Deleted forms

New keywords

Revised keywords

Deleted keywords

New options

Revised options

Deleted options

DT Max T3

Version highlights

Known issues fixed in version 21.30

Elected amount as per ITA 164(6)d)

Surtax on Schedule 12 not calculated

Suggestions from clients implemented in version 21.30

Default printing of firm's address on client letter and invoice

Overriding the automatic calculation of the 20(11) deduction

2018 Quebec budget: reduction of the dividend tax credit rates

2018 Saskatchewan budget: adjustment of the dividend tax credit rates

Election under ITA subsection 104(13.4)(b.1)

RC199 - Voluntary Disclosures Program (VDP) Application

Revised forms

New keywords

Deleted keywords

New options

Deleted options

DT Max T5013

Version highlights

Assembly instructions now available for T5013

New dividend gross-up and tax credit rates for 2018 and 2019

New forms

Revised forms

New options

Deleted options