DT Max - What's new for T1/T2 Internet version 24.01?

What's new for T1/T2 Internet version 24.01?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2009 to 2020 inclusively and the T2 program for fiscal periods ending from 2009 to 2021 and fully supports Corporation Internet Filing (T2, CO-17 and AT1).

Please note that in regard to the T1/TP-1 program, version 24.01 supports paper filing but does not support EFILE transmission for taxation year 2020 due to its early release date. The EFILE module will be integrated in the next version of DT Max that will be stamped 24.10 and made available via www.thomsonreuters.ca/en/dtpro to all DT Max clients. This will take place as soon as we receive all relevant certifications towards the end of January or early February 2021.

Furthermore, please be advised that this issue is an abridged version of the standard T1 "What's New" release notes as it only provides a basic recap of changes implemented. Detailed keyword and tax change information will be released with version 24.10 of DT Max T1.

In this version...

DT Max T1

Program certification
Version highlights
New forms
Revised forms
Deleted forms
New diagnostics
1. Notes and diagnostics
2. Error prevention reports
New keywords
Deleted keywords
New options
Deleted options
Preliminary status advisory
DT Max references (links to our Knowledge Base)

DT Max T2

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

DT Max T1

Program certification

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

Federal: RC-20-119

Quebec: RQ20-TP02

The paper version of Quebec form MR-69 has also been approved under authorization number RQ19-MR69-201911-IP002.

Likewise, the paper versions of Quebec forms TPZ-1029.MD.7, TPZ-1029.MD.8 and TPZ-1029.MD.9 have also been approved under authorization numbers TPZ-1029.MD.7-202010-IP001, TPZ-1029.MD.8-202010-IP001 and TPZ-1029.MD.9-202010-IP001 respectively.
Version highlights
1. Bold type now used by the software to complete CRA forms (reminder)
  
  As requested by the CRA, all lines completed by the software must be in bold type on federal and provincial CRA forms, starting with the 2020 taxation year.
2. Increase of the amount for meal expenses calculated using the simplified method from $17 to $23
  
  On September 3, 2020, the Canada Revenue Agency increased the amount at which transport employees and other individuals can claim meal expenses, using the simplified method, from $17 to $23 per meal. This increase is effective immediately and retroactive to January 1, 2020.
  
  For more information, refer to the following link:
  
  https://www.canada.ca/en/revenue-agency/news/2020/09/canada-revenue-agency-increases-flat-rate-amount-for-meal-claims-and-reasonable-amount-for-meal-benefits-and-allowances.html
3. New CCA Class 56 - Zero-emission vehicles
  
  In March 2020, the government has proposed to provide a temporary enhanced first-year capital cost allowance (CCA) rate of 100% in respect of eligible zero-emission automotive equipment and vehicles that currently do not benefit from the accelerated rate provided by Classes 54 and 55. These vehicles and equipment would be included in new Class 56.
  
  Class 56 would apply to eligible zero-emission automotive equipment and vehicles that are acquired on or after March 2, 2020, and that become available for use before 2028, subject to a phase-out for equipment and vehicles that become available for use after 2023 (i.e. at a rate of 75% for the years 2024 and 2025, and 55% for 2026 and 2027). A taxpayer would be able to claim the enhanced allowance in respect of an eligible zero-emission automotive equipment or vehicle only for the taxation year in which the vehicle first becomes available for use.
  
  Use the keyword CCA-Class with the option "Class 56 - 30% (after 1 Mar. 2020 & before 2028)".
4. E-signature on form T183
  
  In Part F, Declaration and authorization, a new field has been added to enter the time of the electronic signature, if applicable.
  
  As of 2020, if the T183 form is electronically signed by the taxpayer, the date and time of the e-signature are required in order to efile the return. This information must be entered in the new keyword group E-Signature .
  
  The EFILE defaults tab (Efile menu > Efile setup) now includes a new option to specify how the efile authorization form(s), such as the T183 form, will be signed and dated.
  
  The applicable options are:
  
  Form(s) will be signed in person (default)
  Form(s) will be signed electronically
  Form(s) will be signed and dated electronically
  
  Should you wish to override this option for a specific file, you may do so through the Client-Signature keyword.
  
  When selecting the option Form(s) will be signed electronically, use the keyword E-Sign-Date to indicate the date on which the T183 form is to be electronically signed. The time can be entered with the keyword E-Sign-Time . The date and time specified on the T183 form will be transmitted to the Canada Revenue Agency. Any modification to the date and time must be made prior to requesting an electronic signature. The date and time being transmitted to the Canada Revenue Agency must match the date and time specified on the T183 form.
  
  When selecting the option Form(s) will be signed and dated electronically, use the keyword E-Sign-Date to indicate the date on which the T183 form was electronically signed. If the T183 form is being electronically signed and dated, then it is the client who will be completing the date and time on the T183 form. The time can be entered with the keyword E-Sign-Time . The date and time of the T183 electronic signature are transmitted to the Canada Revenue Agency. The transmitted date and time must match the information specified on the electronically signed T183 form.
  
  The T183 form must always be completed prior to transmitting the federal income tax return.
5. Onvio Client Centre - Enabling for multiple clients
  
  It is now easy to enable Onvio Client Centre for multiple clients at the same time. Simply select the clients in the Client list and go to Tools > Onvio > Enable Onvio Client Centre.
6. Onvio Client Centre - Enabling when printing the tax return
  
  It is now possible to enable Onvio Client Centre during production printing of the tax return. This feature can be turned on by going to Preferences > Onvio. You can choose to have it happen automatically or to be asked each time.
7. Client suggestions implemented in version 24.01
  1. Comparing plans with the Production version
    
    As of the 2020 taxation year, you can now compare the results of the Production version with those of the Plans.
    
    In the past, the planning summary only appeared in plans and only allowed comparison of plan results.
    
    As of 2020, if a plan exists, the planning summary will be generated in the Production version and will display the production results (in the left part) as well as the results of all other plans (in the right part).
    
    To compare the results of the Production with those of the plans:
    1. Make sure to recalculate the plans first.
    2. Once the plans have been calculated, return to the Production version to view the comparison.
    As in the past, the left side of the planning summary displays the results of the current version. It is therefore necessary to return to the Production version to view the comparison of the results with those of the Plans.
  2. Archiving - Control which pages of the tax return get archived
    
    You can now decide whether to archive all the pages of the tax return or only the pages included in a particular print destination, including custom destinations.
  3. Form RC151 added
    
    As of the 2020 tax year, you can now generate form RC151, GST/HST Credit Application for Individuals Who Become Residents of Canada, for your clients who have become new residents of Canada and who would be eligible for the GST/HST credit since their arrival given their situation, but who had not applied for it.
New forms
Federal
- T185 - Electronic Filing of a Pre-authorized Debit Agreement
Quebec
- TP-752.PC - Tax Credit for Career Extension - 2020
  
  This new form now replaces the Quebec worksheet for line 391.
- TP-1029.AN.A - Certificate of Ongoing Assistance - Caregiver having no family relationship with the care receiver
Revised forms
Federal
- T1 - Income Tax and Benefit Return
  - Line 31350 for digital news subscription expenses was added.
  - Line 45350 for the Canada training credit was added.
  - Line 47555 for the Canadian journalism labour tax credit was added.
- Worksheet for the return
  New worksheet for line 30000 - Basic personal amount
  - Starting in 2020, the basic personal amount (BPA) will be calculated from the worksheet, and this amount varies according to the person's net income, in addition to any split income reported on line 68360 of form T1206, if applicable.
  New worksheet for line 23500 - Canada recovery benefit (CRB) repayment
  - To ensure the CRB is for those who need it most, applicants will need to repay some or all of the benefit when filing their tax return if their annual net income, excluding payments from the Canada recovery benefit, is over $38,000.
- Schedule 11 - Federal Tuition, Education, and Textbook Amounts and Canada Training Credit
  
  Schedule 11 has been renamed and new lines have been added following the introduction of the new Canada Training Credit.
- T90 - Income Exempt From Tax Under the Indian Act
  
  Line 7 was added for federal, provincial, or territorial government COVID-19 payments received in the year.
- T183 - Information Return for Electronic Filing of an Individual's Income Tax and Benefit Return
  - Part C entitled "Pre-authorized debit agreement" has been removed from Form T183 and the numbering of the other parts has been changed accordingly.
  - To pre-authorize the CRA to withdraw a specified amount from the taxpayer's bank account, the new form T185 must now be completed.
  - In Part F, Declaration and authorization, a new field has been added to enter the time of the electronic signature, if applicable.
- T224 - Nova Scotia Venture Capital Tax Credit
  
  Lines 2 and 3 were added to take into account the unused credit carried over from 2019.
- T225 - Nova Scotia Innovation Equity Tax Credit
  
  Lines 2 and 3 were added to take into account the unused credit carried over from 2019.
- T1198 - Statement of Qualifying Retroactive Lump-Sum Payment
  
  In the "Breakdown of principal" section, only the current taxation year and the previous 40 years are supported. Thus, in 2020, it is possible to break down the principal across the years 1980 to 2020. In 2020, it would now be impossible to enter an amount which relates to a year prior to 1980.
- T2038 - Investment Tax Credit (Individuals)
  
  In Part B, the section pertaining to calculation of the investment tax credit for child care spaces has been deleted due to the elimination of the credit at the end of 2019.
- T2125, T2042 and T2121 - Statement of Business or Professional Activities, Farming Activities or Fishing Activities
  
  Line 9, Electricity for zero-emission vehicles, was added in Chart A in respect of motor vehicle expenses.
Provincial
- AB428 - Alberta Tax and Credits
  - Line 58600 for tuition and education amounts transferred from a child has been deleted due to the elimination of the credit in 2020.
  - Line 60070 for the investor tax credit is deleted due to the elimination of the credit in 2020. Unused amounts from prior years may still be claimed.
- AB(S11) - Provincial Tuition and Education Amounts
  Elimination of the Alberta tuition and education amounts
  - Beginning in 2020 and for subsequent tax years, the tuition and education amounts have been eliminated for Alberta. Unused amounts from prior years may still be claimed.
- Worksheet BC428
  New worksheet for line 58969 - Donations and gifts
  - From the year 2020 and for the following tax years, the tax credit for donations and gifts will be calculated from the worksheet due to the introduction of a third rate applicable to donations and gifts exceeding $200 for persons with taxable income over $220,000.
- MB479 - Manitoba Credits
  
  Lines 61271 and 61272 were added for the new refundable Manitoba seniors economic recovery credit.
- NL428 - Newfoundland and Labrador Tax and Credits
  
  The Newfoundland and Labrador temporary deficit reduction levy was eliminated on December 31, 2019.
- SK428 - Saskatchewan Tax and Credits
  
  New line 58317 was added for the new volunteer emergency medical first responders' amount.
- YT(S14) - Yukon Government Carbon Price Rebate
  
  Classes 54 and 55 were added. Capital assets in these classes are now eligible for the carbon price rebate.
Quebec
- TP1 - Income Tax Return
  - Box 23 was added to indicate if the taxpayer files one or more separate returns for the year of death.
  - Box 24 was added to indicate whether the taxpayer received or disposed of virtual currency.
  - Line 151 was added to enter the benefits received under the Quebec incentive program to retain essential workers.
  - Box 169 was added to enter all amounts received in relation to COVID-19.
- Schedule F - Contribution to the Health Services Fund
  - Line 32 was added to indicate the benefits received under the Quebec incentive program to retain essential workers, that is, the amount of new line 151. These benefits are not subject to the contribution to the Health Services Fund.
  - Line 43 is now used only to enter QPIP contributions for self-employment, that is, the amount on line 26 of Schedule R. The QPP/CPP contributions will go to new line 43.1.
  - Line 43.1 was added to enter QPP and CPP contributions for self-employment.
- Schedule G - Capital Gains and Losses
  - Major change in the graphic layout of the form's parts.
  - Addition of a new section "Virtual currency transactions" in Part A.
- Schedule H - Tax Credit for Caregivers
  
  This schedule has been completely amended to make room for the new tax credit for caregivers, which replaces the old version of the tax credit for caregivers.
- Schedule J - Tax Credit for Home-Support Services for Seniors
  
  A condition was added concerning the transmission of information relating to the renewal of advance payments for 2020. Due to COVID-19, the deadline for renewing requests for advance payments has been postponed. If individuals answered "Yes" to the 3 questions in the introductory part, but have not yet submitted the information relating to the renewal of advance payments for 2020, they must still complete Schedule J in full.
- Schedule T - Tax Credit for Tuition or Examination Fees (Claiming or Transferring the Credit)
  
  Lines 40.7 and 41 were added to take into account the Canada training credit claimed on the federal income tax return, which effectively reduces the amount of tuition fees eligible for the tuition tax credit for 2020.
- Work Charts
  
  The work chart for line 391 pertaining to the tax credit for career extension is now replaced by the new form TP-752.PC.
- TP-22 - Income Tax Payable by an Individual Who Carries On a Business in Canada, Outside Quebec
  
  An individual who is a resident of Quebec on the last day of a taxation year who, during the year, carried on a business in Canada but outside Quebec will now be able to deduct from his income tax the entire dividend tax credit to which he is entitled for the year, regardless of the percentage of business done in Quebec.
  
  Therefore, in Part 5, line 31 pertaining to the dividend tax credit is removed from the proration. It is replaced by the new line 40.1, the amount of which is granted in full, regardless of the percentage of business income attributable to Quebec.
- TP-25 - Income Tax Payable by an Individual Resident in Canada, Outside Quebec, Who Carries On a Business in Quebec
  
  An individual who carries on a business in Quebec but who resides elsewhere in Canada will no longer be able to deduct the dividend tax credit from his income tax. As a result, line 30 relating to the dividend tax credit has been deleted from Part 5.
- TP-64.3 - General Employment Conditions
  
  Part 3.6 was added to account for expenses related to working remotely.
- TP-776.42 - Alternative Minimum Tax - 2020
  
  In Part 2.1, line 44 pertaining to the dividend tax credit is removed from the proration. It is replaced by new line 47.4, the amount of which is granted in full, regardless of the percentage of business income attributable to Quebec.
In-house forms
- Income Tax Payable by an Individual Who Carries On a Business in Quebec, but is not a Resident in Canada
  
  An individual who carries on a business in Quebec but who does not reside in Canada will no longer be able to deduct the dividend tax credit from his income tax. Therefore, line 30 pertaining to the dividend tax credit has been removed from Part 5.
Deleted forms
Quebec
- TP-1029.RV - RénoVert Tax Credit
New diagnostics
1. Notes and diagnostics
  
  Federal
  
  T1135 - Foreign income verification system
  
  You answered "Yes" to the question, "Did you own or hold specified foreign property where the total cost amount of all such property, at any time in the year, was more than CAN$100,000 ?" Therefore, you are required to file Form T1135, Foreign Income Verification Statement, if you have not already done so. There are substantial penalties for not completing and filing Form T1135 by the due date. If you have provided incomplete information, omitted information, or have not filed Form T1135 in prior years, the Canada Revenue Agency (CRA) encourages you to come forward and correct your tax affairs through the Voluntary Disclosures Program (VDP). For more information see Form T1135.
  
  If the T1135 return has been filed electronically, any amendments necessary to any information contained in the T1135 return must also be submitted electronically. When filing an amendment, you must select the Amended return checkbox.
  
  Quebec
  
  462 [ Code 24 ] Tax credit for costs incurred by seniors to continue living independently
  
  You have entered expenses that are not eligible.
  
  The eligible expenses must be incurred after December 31, 2019, and before January 1, 2021.
2. Error prevention reports
  
  Federal
  
  Newcomer to Canada in 2020
  Warning
  
  The taxpayer was a newcomer to Canada in 2020 and seems to be eligible for the GST/HST credit. He/she may be eligible for payments issued after arrival, if he/she meets all the conditions at the beginning of the month of the payments. Payments are issued in January, April, July and October 2020, as well as in January and April 2021.
  
  Taxpayers who do not have children under the age of 19 may apply for the GST/HST credit for the year in which they became residents of Canada by filling out form RC151, Credit Application for the GST/HST for Individuals Who Become Residents of Canada. Please use the keyword RC151 to complete this form.
  
  Newcomer to Canada in 2020
  Warning
  
  The marital status you selected with the keyword IMMIG-STATUS on the date the taxpayer became a resident of Canada is different from the marital status with the keyword STATUS as of December 31 of the tax year.
  
  Please review your data entry or use the keyword STATUSCHANGE and select the change of marital status.
  
  22900 Other employment expenses
  
  You are claiming employment expenses but failed to report employment income. To deduct employment expenses, the taxpayer must be employed and must incur, by reason of their duties and conditions of employment, expenses to earn the employment income.
  
  Quebec
  207 Employment expenses and deductions
  
  You are claiming employment expenses but failed to report employment income. To deduct employment expenses, the taxpayer must be employed and must incur, by reason of their duties and conditions of employment, expenses to earn the employment income.
  
  Schedule H - Tax credit for caregivers
  
  Tax credit for caregivers of a person aged 18 or older who has an impairment
  
  According to information provided, DT Max considers that you may be eligible to claim the tax credit for caregivers. If you are eligible to claim this credit, please use the keyword QUE-CERT-ASSIST.OD in the OTHER-DEPENDANT group of the eligible care receiver with no family relationship so that DT Max can claim the credit.
  
  You can claim this refundable tax credit if:
  - the eligible care receiver was at least 18 or older at the end of 2020 and had a severe and prolonged impairment in mental or physical functions because of which, according to the certification from a physician, the person needs assistance in carrying out a basic activity of daily living.
New keywords
1. In the SmartStart section entitled "Accountant", the following keywords have been added in respect of the electroninc signature of form T183:
  1. E-Signature : Select the form to be electronically signed
  2. E-Sign-Date : Date when the T183 form has been electronically signed
  3. E-Sign-Time : Time of the electronic signature (HH:MM:SS)
2. In the Efile keyword group, the following keyword was added in respect of the signature of the authorization forms:
  1. Client-Signature : Specify how the efile authorization form(s) will be signed and dated
3. Following the addition of line 31350 for digital news subscriptions on the federal income tax return, the following keywords have been added in the SmartStart section entitled "Other tax credits":
  1. Digital-News : Qualifying digital news subscription
  2. DigitalNews-Subsc : Amounts paid in the taxation year for qualifying digital news subscription expenses [Fed. L.31350]
  3. Digital-Share-Cr : Tax credit claimed by another person who entered into the agreement
4. In the SmartStart section entitled "Alimony and spouse not processed", the following keywords have been added regarding the Quebec tax credit for caregivers in respect of an eligible assisted person who has no family relationship with the taxpayer:
  1. Other-Dependant : Select whether the other dependant has family relationship or not
  2. Co-Resides.od : Does the other dependant co-reside with the taxpayer?
  3. DT-ImportInfo.od : Import other dependant's information from current DT Max client list
  4. DTMax-ClientNum.od : Automatic input of client number and date last calculated
  5. LastName.od : Last name of the other dependant
  6. FirstName.od : First name of the other dependant
  7. SIN.od : SIN of the other dependant
  8. BirthDate.od : Date of birth of the other dependant
  9. Street.od : Street number and street name of the other dependant
  10. Apartment.od : Apartment number of the other dependant
  11. POBox.od : P.O. Box (Postal box) of the other dependant
  12. RuralRoute.od : Rural route (RR) of the other dependant
  13. City.od : City of the other dependant
  14. Province.od : Province of the other dependant
  15. PostalCode.od : Postal code of the other dependant
  16. DeceasedDate.od : Date of death of the other dependant
  17. Disability.od : Is the other dependant entitled for federal disability amount [Fed. L.31600]
  18. Que-Disability.od : Entitled to the amount for severe and prolonged impairment in mental or physical functions [Que. L.376]
  19. Que-Cert-Assist.od : Has a certificate of ongoing assistance for this person (TP-1029.AN.A)
  20. Assis-Start-Date.o : Assistance start date (TP-1029.AN.A, Part 4).
  21. Prof-Lastname.o : Last name of the health care professional (TP-1029.AN.A, Part 5)
  22. Prof-Firstname.o : First name of the health care professional (TP-1029.AN.A, Part 5)
  23. Prof-OfficeAddr.o : Office address of the health care professional (TP-1029.AN.A, Part 5)
  24. Prof-Category.o : Professional category of the health care professional (TP-1029.AN.A, Part 5)
  25. Prof-LicenceNo.o : Provincial licence number (or order number) of the health care professional (TP-1029.AN.A, Part 5)
  26. Net-Income.od : Amount from line 23600 of the Federal tax return
  27. Que-Net-Income.od : Amount from line 275 of the Quebec tax return
  28. Carereceiver-SchH : Enter the information of an eligible care receiver (Schedule H)
  29. Start-Date.ah : Beginning date of qualifying period for the caregiver (DD-MM-YYYY)
  30. End-Date.ah : Ending date of qualifying period (DD-MM-YYYY)
  31. PeriodCompleted.ah : 365-day period to be completed before July 1
  32. ClaimBy-Other.ah : Enter the amount requested by another caregiver for this care receiver
  33. ClaimBy-SIN.ah : Enter the SIN of the another caregiver who claimed an amount for this care receiver
  34. RespiteExpenses.ah : Date, description and expenses incurred for specialized respite services (Schedule H)
5. For the keyword DisabCertificate , pertaining to the Quebec form TP-1029.AN.A:
  1. DT-ImportInfo.an : Import other dependant's information from current DT Max client list
  2. DTMax-ClientNum.an : Automatic input of client number and date last calculated
  3. Giver-LastName : Last name of the caregiver (TP-1029.AN.A, Part 1)
  4. Giver-FirstName : First name of the caregiver (TP-1029.AN.A, Part 1)
  5. Giver-SIN : Social insurance number of the caregiver (TP-1029.AN.A, Part 1)
  6. Giver-BirthDate : Date of birth of the caregiver (TP-1029.AN.A, Part 1)
  7. Giver-Street : Street number and street name of the caregiver (TP-1029.AN.A, Part 1)
  8. Giver-Apartment : Apartment number of the caregiver (TP-1029.AN.A, Part 1)
  9. Giver-POBox : P.O. Box (Postal box) of the caregiver (TP-1029.AN.A, Part 1)
  10. Giver-RuralRoute : Rural route (RR) of the caregiver (TP-1029.AN.A, Part 1)
  11. Giver-City : City of the caregiver (TP-1029.AN.A, Part 1)
  12. Giver-Province : Province of the caregiver (TP-1029.AN.A, Part 1)
  13. Giver-PostalCode : Postal code of the caregiver (TP-1029.AN.A, Part 1)
  14. Assis-Start-Date : Assistance start date (TP-1029.AN.A, Part 4).
  15. Prof-Lastname : Last name of the health care professional (TP-1029.AN.A, Part 5)
  16. Prof-Firstname : First name of the health care professional (TP-1029.AN.A, Part 5)
  17. Prof-OfficeAddr : Office address of the health care professional (TP-1029.AN.A, Part 5)
  18. Prof-Category : Professional category of the health care professional (TP-1029.AN.A, Part 5)
  19. Prof-LicenceNo : Provincial licence number (or order number) of the health care professional (TP-1029.AN.A, Part 5)
6. In the SmartStart section entitled "Non-residents, immigrants and emigrants", the following keywords have been added in relation to form RC151:
  1. RC151 : GST/HST credit application for individuals who become residents of Canada [RC151]
  2. Immig-Home-Address : Select the home address to be used
  3. Immig-Status : Select the marital status on the date the taxpayer became a resident of Canada
  4. DateStatusBegan : Date the marital status began
  5. Immig-Residence : Select whether the taxpayer is a newcomer or a returning resident of Canada
  6. DateResidentCut : Enter the date the taxpayer cut their residential ties with Canada (became a non-resident)
  7. Province-Before : Canadian province or territory in which the taxpayer resided before they cut their residential ties with Canada
  8. Immig-Income : Enter earned income from all sources (in Canadian dollars)
  9. SP-Immig-Info : Provide the spouse's or common-law partner's information (Yes/No)
  10. SP-Immig-Date.rc : Enter the spouse's or common-law partner's date of immigration
  11. SP-Immig-Address : Select the spouse's or common-law partner's address to be used
  12. SP-Immig-Residence : Select whether the spouse or common-law partner is a newcomer or a returning resident of Canada
  13. SP-Immig-Income : Enter the spouse's or common-law partner's earned income from all sources (in Canadian dollars)
7. In the Employment-Exp keyword group, pertaining to teleworking expenses for salaried employees and commission employees in Quebec:
  1. TELEWORKING : Has the taxpayer teleworked due to the COVID-19 crisis? (Yes/No)
8. In the SmartStart section entitled "Tuition and education amounts", the following keywords have been added in relation to the new Canada training credit:
  1. CTC-Account : Canada training credit limit (CTCL) at the beginning of the year
  2. CTC-Claim : Claim the Canada training credit in the current year? (Yes/No)
9. In the InstalMethod keyword group, pertaining to the instalment payments:
  1. Inst-Farm-Fish : Is the main source of income self-employment income from farming or fishing?
10. In the Home-Support keyword group, pertaining to the claiming of the Quebec tax credit for home-support services for seniors, "no calc" option:
  1. Renewal-AdvPaym : Has the information regarding the renewal of advance payments for 2020 been transmitted?
11. In the ProvCredit keyword group, pertaining to the Manitoba seniors economic recovery credit:
  1. AdvSeniorEcoRecov : Did the client receive the $200 advance payment for the seniors economic recovery credit?
12. In the RelatedParty keyword group, pertaining to the Manitoba seniors economic recovery credit on the tax return of the spouse not processed:
  1. ADVSENIORECOREC.R : Did the spouse receive the $200 advance payment of seniors economic recovery credit?
Deleted keywords
1. Due to the elimination of the Alberta investor tax credit, the following keyword has been deleted from the ProvCredit keyword group for the province of Alberta:
  1. INVESTORTAX-CR: Alberta investor tax credit (AITC)[AB428 L.60070]
2. For the keyword ITC , pertaining to the investment tax credit for child care spaces, the following keyword has been deleted following the elimination of that credit:
  1. CHILDCARESPACES : Total number of child care spaces created
New options
1. For the keyword Capital-Gains , pertaining to virtual currency transactions:
  
  Virtual currency transactions
2. For the keyword Type.cg , in the Capital-Gains keyword group, pertaining to virtual currency transactions:
  
  Method of disposition - ATM
  Method of disposition - platform
  Method of disposition - peer-to-peer
3. For the keyword Other-Income.t in the T-Slip keyword group, pertaining to the Federal T4A/Quebec RL-1 slip:
  
  [197] F13000 Can. emerg. response benefit (CERB)(Q [O-6])
  [198] F13000 Can. emerg. student benefit (CESB)(Q [O-6])
  [199] F13000 CESB for student with disability(Q [O-6])
  [200] F13000 Prov./Terr. COVID-19 financial assis. payments
  [200] F13000 Prog. to retain essential workers(Q [O-5])
  (N.B. The option above appears only for the Quebec jurisdiction)
  [202] F13000 Canada Recovery Benefit (CRB)(Q [O-7])
  [203] F13000 Can. Rec. Sickness Benefit (CRSB)(Q [O-7])
  [204] F13000 Can. Rec. Caregiving Benefit (CRCB)(Q [O-7])
4. For the keyword Que-Cert-Assist.od in the Other-Dependant keyword group, pertaining to the Quebec form TP-1029.AN.A as well as the tax credit for caregivers in respect of an eligible care receiver who has no family relationship with the taxpayer:
  
  Yes - Certification of ongoing assistance
  Yes - Complete the certification (TP-1029.AN.A)
  No certification
5. For the keyword DisabCertificate , pertaining to the Quebec form TP-1029.AN.A:
  
  TP-1029.AN.A - Certification of ongoing assistance
6. For the keyword Income.bus in the Business keyword group, for the Yukon jurisdiction:
  
  Yukon bus. carbon price rebate received last year YT(S14)
7. For the keyword RC151 :
  
  Apply to GST/HST credit (immigration date in 2020)
  Apply to GST/HST credit (immigration date in previous year)
  Do not claim the credit
8. For the keywords Immig-Residence and SP-Immig-Residence in the RC151 keyword group:
  
  Newcomer to Canada
  Returning resident of Canada
9. For the keywords Immig-Income and SP-Immig-Income in the RC151 keyword group:
  
  Income earned - year became a resident of Canada
  Income earned - 1 year before became a resident of Canada
  Income earned - 2 years before became a resident of Canada
10. For the keyword Footnotes.t4 in the T4 keyword group:
  
  Memo [57] Employment income - March 15 to May 9
  Memo [58] Employment income - May 10 to July 4
  Memo [59] Employment income - July 5 to August 29
  Memo [60] Employment income - August 30 to September 26
11. For the keyword Retir-Allowance , pertaining to box 3 of the T3 slip:
  
  Eligible retiring allowance
  Portion - direct or indirect transfer to RRSP/PRPP
  Portion - transfer to RRSP/PRPP (January February 2020)
  Portion - direct or indirect transfer to RPP
12. Further to the addition of questions 18 to 20 on the Quebec form TP-64.3, General Employment Conditions, the following options have been added to the keyword Que-Conditions in the Employment-Exp keyword group for questions 18 to 20 respectively:
  
  18. employee required to maintain a home office (COVID-19)
  19. employee has to pay for supplies
  20. reimburse the employee for home office exp. or supplies
13. For the keyword Prov-Transf-Info relating to the provincial and territorial Schedules 2 regarding transfers to the spouse whose return is not processed:
  
  Line 58040 - Basic personal amount
  Total of lines 58240 to 58357 (if applicable)
  Line 58560 - Tuition and education amounts
14. For the sub-keyword Expenses.car of the keyword Vehicle-Exp in the Business group, pertaining to electricity expenses for zero-emission vehicles used for business purposes:
  
  Electricity for zero-emission vehicles
15. For the sub-keyword Expenses.car of the keyword Vehicle-Exp. in the Employment-Exp group, pertaining to electricity expenses for zero-emission vehicles used for employment purposes by salaried and commissioned employees:
  
  Electricity for zero-emission vehicles
16. For the keyword IndianExempt pertaining to COVID-19 payments that are exempt from tax under the Indian Act:
  
  F13000 - Exempt benefits paid due to the COVID-19
Deleted options
1. For the sub-keywords ELIG-EXPENDITURE and ANNUALLIMIT-DAYS of the keyword APPRENTICE-NAME in the APPRENTICE-TRAIN keyword group, pertaining to the Ontario apprenticeship training tax credit:
  
  Program on or before April 23, 2015
2. For the keyword ITC , pertaining to the investment tax credit for child care spaces, the following option has been deleted following the elimination of that credit:
  
  [67190] ITC at 25% Investment for child care spaces
Preliminary status advisory

Development and testing of sweeping tax changes require that we recommend users to hold off filing returns with tax profiles which include one or several forms marked "Preliminary version of form" in the upper section of the form until they update their software to version 24.10. Here is the list of the key forms bearing this mark:
Federal
- T2203 - Provincial and Territorial Taxes for 2020 - Multiple Jurisdiction
Quebec
- TP-776.3.4 - Tax on Split Income
In-house forms
- Estimated GST/HST Tax Credit for the period from July 2021 to June 2022
- Estimated Calculation for the Solidarity Tax Credit (July 1, 2021, to June 30, 2022)
- Estimated calculation for the Family allowance (Quebec) for the period July 2021 to June 2022
- Estimated Ontario Trillium Benefit (OTB) for July 2021 to June 2022 and the Ontario Senior Homeowners' Property Tax Grant (OSHPTG) for 2021
- Estimated Saskatchewan Low-Income Tax Credit for the period from July 2021 to June 2022
- Estimated British Columbia Climate Action Tax Credit for the period July 2021 to June 2022
- Estimated Nova Scotia Affordable Living Tax Credit and Poverty Reduction Credit for the period from July 2021 to June 2022
- Estimated Newfoundland and Labrador Income Supplement and Seniors' Benefit for the period from July 2021 to June 2022
- Estimated Prince Edward Island HST Credit for the period from July 2021 to June 2022
- Estimated calculation for the Canada Child Benefit (CCB) for the period July 2021 to June 2022
- Estimated New-Brunswick HST Tax Credit for the period from July 2021 to June 2022
- Estimated Northwest Territories cost of living offset (NTCOLO) for the period from July 2021 to June 2022
- Estimated Yukon government carbon price rebate for individuals for the period from July 2021 to June 2022
DT Max references (links to our Knowledge Base)

Please refer to these knowledge base topics for a detailed review of tax changes implemented:

Non-refundable tax credits (2020)
Tax brackets and rates (2020)
Tax changes in DT Max (2020)

DT Max T2

Program certification

Federal

For DT Max T2 version 24.01, the federal barcodes and the Corporation Internet Filing module have received full CRA certification valid for taxation years ending up to and including May 31, 2021, under the DT41 stamp.

The certification date has been extended to May 31, 2021.

This new version of DT Max T2 has also undergone an authorization process with the CRA for the paper version of form T3010, Registered Charity Information Return, and has been approved under authorization number 13103.

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 DT41 stamp.

Quebec

Version 24.01 has also undergone an authorization process with Revenu Québec for the paper (including barcode form COR-17.U) and EFILE versions of the CO-17 return, and has been approved under number RQCO-2003
Version highlights
1. Known issues fixed in T2 version 24.01
  1. Non-deductible auto expenses: Manitoba retail sales tax rate
    
    Due to the unanticipated costs and reduced revenues caused by COVID-19, Manitoba has delayed its planned PST reduction to six per cent from seven until 2021. It was initially planned to take effect July 1, 2020, and had been incorporated in DT Max version 23.25. This issue has been corrected with this DT Max version 24.01 and, as such, the PST rate will remain at 7% until further notice.
  2. Changes announced in Special Notice Vol. 5 No. 58: Accelerated Job Creation Tax Cut regarding the Alberta general income tax rate and the small business deduction
    
    On June 30, 2020, the Alberta Government announced in Special Notice Vol. 5 No. 58: Accelerated Job Creation Tax Cut, that the general income tax rate on business will be cut from 10% to 8%, effective July 1, 2020. Also, on AT1 Schedule 1, to maintain the small business rate of 2%, the small business deduction has been reduced from 8% to 6% for days in the tax year after June 30, 2020. These changes are incorporated in this version of DT Max T2.
  3. DT Max T2 is incorrectly calculating line 22 and line 39 (Property income (or loss) and income from a specified investment business) on Quebec form CO-771
    
    The program incorrectly displayed the amount coming from the keyword Amount-Div with the option "Portion of eligible dividend deducible as per ITA 112/113" within the IncomeSource group for dividends received from connected or non-connected corporations. This issue has been resolved with this version of DT Max T2.
  4. CO-771: Remunerated hours for the small business deduction for short taxation years that include days after March 14, 2020, and before June 30, 2020
    
    In the Information Bulletin 2020-09 issued by Finances Québec on June 29, an adjustment was made to exclude days after March 14, 2020, and before June 30, 2020, in the calculation of remunerated hours for the small business deduction.
    
    If the corporation has a short tax year, DT Max will automatically do the following calculations and enter the result on Line 07a of the CO-771:
    
    Paid employee hours x [(number of days in the tax year)/(number of days in tax year - number of days in tax year after March 14 and before June 30, 2020)]. (see Note 1 below)
    
    If the corporation is also a member of one or more partnerships, DT Max will do the similar calculation for a short tax year based on data entry from keyword Hours-Employees.re .
    
    If the corporation does not have a short tax year, the users need to calculate by themselves and enter the result in the keyword Hours-Employees , with the option "Total number of hours paid for employees during tax year" selected. If the corporation is also a member of one or more partnerships, a similar calculation must be made for the keyword Hours-Employees.re with the option "Total number of hours paid for employees during tax year" selected within the RelatedParty group.
    
    The adjustment does not apply to the number of remunerated hours calculated for the preceding taxation year.
    
    Note 1: If the result of the calculation of the excess of the number of days in the given year over the number of days in the closing period in the given year is equal to zero, it will be deemed to be equal to one.
2. Client suggestion for T2 implemented in version 24.01: T106 - New options added for the keyword CUR-ACCOUNT
  
  In Part VI of the T106, new options have been added for the keyword Cur-Account in the keyword NonRes-Trans for both accounts payable and accounts receivable, so that an increase and a decrease can show up at the same time.
3. Federal Schedule 322: Reduction of the small-business rate
  
  The 2020 P.E.I. budget reduced the small business tax rate to 2% from 3%, effective January 1, 2021. This form has been updated to reflect this change. In addition, lines referring to days in the tax year before January 1, 2019, have been deleted from the form.
4. AT1 Schedule 1: Reduction of the general corporate income tax rate
  
  This form has been updated by the Alberta government. As part of Alberta's Recovery Plan, the government is accelerating the Job Creation Tax Cut, reducing the general corporate income tax rate to 8% on July 1, 2020, a year and a half sooner than originally planned while maintaining the small business tax rate at 2%. Therefore, the small business deduction has been reduced from 8% to 6% for days in the tax year after June 30, 2020.
5. AT1 Return: Reduction of the general business tax rate
  
  The AT1 return has been updated by the Alberta government to reflect the changes in Alberta's Recovery plan. The government is accelerating the Job Creation Tax Cut by moving the general business tax rate from 10% to 8% on July 1, 2020.
6. Federal Schedule 32 and Form T1174: Increase of pensionable earnings
  
  Please note that for federal Schedule 32, Scientific Research and Experimental Development (SR&ED) Expenditures Claim, and form T1174, Agreement Between Associated Corporations to Allocate Salary or Wages of Specified Employees for Scientific Research and Experimental Development - SR&ED, the pensionable earnings for 2021 increased from $58,700 to $61,600.
7. Schedule 461: Decrease in the small business corporate income tax rate for Northwest Territories
  
  Effective January 1, 2021, the Northwest Territories lower rate of corporation income tax will decrease from 4% to 2%. The rate is prorated for taxation years straddling the effective date. This form has been revised to reflect this change.
8. New CCA Class 56 - Zero-emission automotive vehicles and equipment
  
  The federal government proposes to provide a temporary enhanced first-year CCA rate of 100% in respect of eligible zero-emission automotive equipment and vehicles that currently do not benefit from the accelerated rate provided by Classes 54 and 55. These vehicles and equipment would be included in new Class 56.
  
  To be eligible for this first-year enhanced allowance, a vehicle or equipment must be automotive (i.e. self-propelled) and fully electric or powered by hydrogen. Vehicles or equipment that are powered partially by electricity or hydrogen (which includes hybrid vehicles and vehicles that require human or animal power for propulsion) would not be eligible.
  
  Class 56 would apply to eligible zero-emission automotive equipment and vehicles that are acquired on or after March 2, 2020, and that become available for use before 2028, subject to a phase-out for equipment and vehicles that become available for use after 2023. A taxpayer would be able to claim the enhanced allowance in respect of an eligible zero-emission automotive equipment or vehicle only for the taxation year in which the vehicle first becomes available for use. CCA would be deductible on any remaining balances in Class 56 on a declining-balance basis at a rate of 30%. An election would be available to forego Class 56 treatment and instead include property in the Class in which it would otherwise be eligible.
  
  Use the keyword CCA-Class with the option "Class 56 - 30% DB (after March 1, 2020)" to enter information regarding this class.
9. RD-1029.7, RD-1029.8.6, RD-1029.8.9.03 and RD-1029.8.16.1 - Elimination of the exclusion threshold for R&D tax credits fostering collaboration with research entities
  
  These forms have been updated to reflect the elimination of the exclusion threshold for R&D tax credits fostering collaboration with research entities.
  
  To further stimulate innovation, which fosters the productivity and the competitiveness of Quebec businesses, the tax legislation will be amended to eliminate the exclusion threshold for qualified expenditures relating to a university research contract, an eligible research contract entered into with an eligible public research centre, a pre-competitive research project carried out in private partnership, or fees or dues paid to an eligible research consortium.
  
  For greater clarity, the elimination of the expenditure exclusion threshold will not apply to the "R&D salary" refundable tax credit. However, for the purposes of calculating that tax credit, the rule providing for the splitting of the exclusion threshold among the various R&D tax credits will continue to apply as if the definition of reducible expenditures still applied to the other refundable R&D tax credits.
  
  These changes will apply to expenditures incurred by a taxpayer or partnership for a taxation year or fiscal period, as applicable, that begins after the day of the budget speech relating to R&D work carried out after that day.
  
  Use the keyword RD-Work within the SR&EDTaxCrQ group to indicate if the expenditures incurred by a taxpayer or partnership for a taxation year or fiscal period, as applicable, relate to R&D work carried out before March 11, 2020.
10. International phone numbers
  
  DT Max T2 now supports international phone numbers on the T2 federal income return and schedules only.
New forms

Quebec
- CO-17.CE - Internet Business Activities of a Corporation
  
  This new form is used to enter the Internet webpages of a corporation that answered Yes" to question 19a on Quebec return CO-17: "Does the corporation have any income from commercial activity on the Internet?"
  
  Use the keyword InternetBus-Inc with the option "Yes" within the Activity group to enter all required information pertaining to this form.
- CO-1029.8.33.CS - Tax Credit for SMBs that Employ Persons with a Severely Limited Capacity for Employment
  
  To further support SMEs and promote the hiring and retention of workers with a severely limited capacity for employment, a refundable tax credit for SMEs for persons with a severely limited capacity for employment was introduced in the Quebec Budget Speech 2020-2021 on March 10, 2020.
  
  This form is intended for any corporation which is not exempt from tax, which is not a Crown corporation or a subsidiary controlled by such a corporation and which, for a taxation year ending after December 31, 2019, applies for the tax credit for SMBs that employ persons with a severely limited capacity for employment for employer contributions that it paid in respect of its eligible employees in a calendar year subsequent to 2019 ending in that tax year.
  
  The keyword Employment-QC with the option "Persons with severely limited capacity for employment - SME" opens up the group to enter information pertaining to this Quebec tax credit.
- CO-1029.8.36.II - Tax Credit for Investment and Innovation
  
  This new form is intended for any company claiming the tax credit for investment and innovation in respect of specified expenses that it or a partnership of which it is a member incurred in the year or in a past year for the acquisition of specified property. The acquisition of this property by the corporation or the partnership may have been made as part of a joint venture.
  
  In order for the corporation to benefit from this tax credit, the specified expenses must have been incurred after March 10, 2020, but before January 1, 2025.
  
  The keyword Que-ITC opens up the group to enter information pertaining to this Quebec tax credit.
- CO-1029.8.36.IK - Cumulative Limit Allocation Agreement for the Tax Credit for Investment and Innovation
  This form is intended for any corporation which meets the following conditions in particular:
  - It claims the tax credit for investment and innovation for the tax year;
  - It is associated, in that year, with one or more other corporations (eligible or not for this tax credit) whose taxation years end during its taxation year or on the same date;
  - It wishes to come to an agreement with the corporation or corporations with which it is associated on how they will distribute, for the year, the balance of the $100 million cumulative limit which is used to calculate this tax credit.
  Use the keyword QC-InvInno-Alloc within the RelatedParty group to enter the portion of the $100,000,000 cumulative limit related to the tax credit for investments and innovation allocated to the associated corporation.
Revised forms

Federal
- Schedule 200 - T2 Corporation Income Tax Return (2020 and later tax years)
  
  New line 272 has been added on page 2 of the return: "Is the corporation claiming a Canadian journalism labour tax credit?" (pertaining to Schedule 58).
  
  Line 708 on page 9 which refers to the Part II surtax payable has been deleted due to the deletion of federal Schedule 46.
- T2 Bar Code Return
  
  Line pertaining to Part II surtax payable has been deleted as this is no longer applicable.
- Planning summary - Federal 2020
  
  Line 708 for Part II surtax payable has been deleted due to deletion of this line on Schedule 200.
- Schedule 200 Summary for 2020 taxation year (Federal 5-year summary)
  
  For taxation years ending after 2019, an amount at line 708 (Part II surtax payable) will no longer apply due to the deletion of this line on Schedule 200.
- Schedule 5 - Tax Calculation Supplementary - Corporations (2019 and later tax years)
  
  In the Ontario section of the form, line 464 pertaining to Ontario sound recording tax credit has been deleted due to the deletion of federal Schedule 562. New line number 472 has been added for the Ontario regional opportunities investment tax credit. Use ProvCreditOV keyword option "Regional opportunities investment tax credit - Ontario" to enter an amount at this line.
  
  In the Manitoba section of the form, line 603 and 630 have been deleted.
  
  In the British Columbia section of the form, new line number 883 for small business venture capital tax credit transferred on an amalgamation has been added. Use the keyword Transfer-Amalg within ProvCreditOV keyword group with the option "Venture capital tax credit - B.C." to enter this amount.
- Schedule 12 - Resource-Related Deductions (2018 and later tax years)
  
  This form has been updated and as such lines 346, 347 and 370 in Part 5, Cumulative Canadian development expenses, and lines 446, 447 and 451 in Part 6, Cumulative Canadian oil and gas property expenses, are now transmitted to the CRA for barcode and efile purposes.
- Schedule 16 - Patronage Dividend Deduction (2006 and later tax years)
- Schedule 25 - Investment in Foreign Affiliates (1998 and later tax years)
- Schedule 31 - Investment Tax Credit - Corporations (2019 and later tax years)
  
  This form has undergone multiple changes.
  
  In Part 3, Corporations in the farming industry, line 103 has changed and, as a result, the entry for Contribution.R&D within the SR&ED group has now changed. Enter the total of all contributions to agricultural organizations for SR&ED (not already included on form T661). DT Max will calculate 80% of the amount entered. Please verify data entry and adjust accordingly if necessary.
  
  In Part 8, Qualified SR&ED expenditures, line 360 pertaining to capital expenditures has been deleted.
  
  In Part 10, SR&ED expenditure limit for a CCPC, two new line numbers were added to differentiate the calculation for tax years ending before March 19, 2019, and for tax years ending after March 18, 2019.
  
  Line references to days in tax year before 2014 have been deleted in Part 11, Investment tax credits on SR&ED expenditures.
  
  For Pre-production mining in Part 18, numerous lines have been deleted (lines 800 to 835, lines 870 to 880 and lines 921 to 923). As a result, the keyword MINE-ITC-CB has been deleted and certain options under Expenses.m and Mining-Exp have also been deleted within the Mining group when the "Federal" option is chosen.
- Schedule 32 (T661) - Scientific Research and Experimental Development (SR&ED) Expenditures Claim
  
  This form has been updated by CRA and multiple revisions have been made. References and lines relating to capital expenditures have been deleted.
  
  In Part 3, Calculation of SR&ED expenditures, lines 350 and 355 pertaining to lease costs of equipment used before 2014 have been deleted as well as line 390 pertaining to capital expenditures for depreciable property available for use before 2014.
  
  In Part 4, Calculation of qualified SR&ED expenditures for ITC purposes, all lines relating to capital expenditures have been deleted.
  
  New line 758 has been added in Part 6, Project costs, for overhead and other expenditures in the tax year. Use the keyword Overhead.p within the SR&EDProject group if you have more than one SR&ED project.
- Schedule 58 - Canadian Journalism Labour Tax Credit (2019 and later tax years)
- Schedule 61 (T1145) - Agreement to Allocate Assistance for SR&ED Between Persons Not Dealing at Arm's Length
  
  This form has been updated to remove capital expenditures references. Lines 15 and 20 have been deleted under the Agreement section of the form.
- Schedule 62 (T1146) - Agreement to Transfer Qualified Expenditures Incurred in Respect of SR&ED Contracts Between Persons Not Dealing at Arm's Length
  
  This form has been updated to remove capital expenditures references. Lines 15 and 20 have been deleted under the Agreement section of the form.
- Schedule 61/Schedule 62 supplement - Summary of SR&ED agreement transfers
- Schedule 89 - Request for Capital Dividend Account Balance Verification
  
  New lines have been added in Part 1, Identification, in order to enter address information as well as contact person information.
  
  In Part 3, CDA components - Eligible capital property (ECP), under Section B: CDA components - List of ECP dispositions (for tax years ending after February 27, 2000, and before January 1, 2017), lines 260 and 280 have been deleted and lines 261 and 262 have been added. Use the keyword CDA-ECP within the CDA-Date subgroup in CDA-Balance group to enter the cost of ECP acquired and proceeds of sale from the disposition of ECP for lines 261 and 262.
- Schedule 322 - Prince Edward Island Corporation Tax Calculation (2020 and later tax years)
- Schedule 341 - Nova Scotia Corporate Tax Reduction for New Small Businesses (2020 and later tax years)
  
  This form has been updated to reflect the Nova Scotia tax reduction for new small business rate changed from 3% to 2.5% effective April 1, 2020.
- Schedule 347 - Addition Certificate Numbers for the Nova Scotia Digital Tax Credit (2008 and later tax years)
- Schedule 349 - Nova Scotia Innovation Equity Tax Credit (2019 and later tax years)
  
  This form has been updated and, as such, the information is now transmitted to the CRA for barcode and efile purposes.
- Schedule 350 - Nova Scotia Venture Capital Tax Credit (2019 and later tax years)
  
  This form has been updated and, as such, the information is now transmitted to the CRA for barcode and efile purposes.
- Schedule 366 - New Brunswick Corporation Tax Calculation (2020 and later tax years)
  
  This form has been updated and references to lines pertaining to days in the tax year before April 1, 2018, have been deleted.
- Schedule 380 - Manitoba Research and Development Tax Credit (2020 and later tax years)
  
  This form has been updated and lines pertaining to eligible expenditures incurred in the current tax year before April 12, 2017, have been deleted.
  
  As such, lines 106, 108 and 116 have been deleted in Part 1, Summary of total eligible expenditures incurred in the current tax year.
  
  Line 121 has been deleted in Part 2, Total credit available and credit available for carryforward, and lines 205 and 215 have been deleted in Part 5, Refundable Manitoba R&D tax credit.
- Schedule 383 - Manitoba Corporation Tax Calculation (2020 and later tax years)
  
  This form has been updated and references to lines pertaining to days in the tax year before January 1, 2019, have been deleted.
- Schedule 384 - Manitoba Paid Work Experience Tax Credit (2017 and later tax years)
- Schedule 402 - Saskatchewan Manufacturing and Processing Investment Tax Credit (2018 and later tax years)
  
  All lines pertaining to the non-refundable portion of the manufacturing and processing investment tax credit have been deleted from this form.
- Schedule 411 - Saskatchewan Corporation Tax Calculation (2020 and later tax years)
  
  This form has been updated by the CRA. Lines pertaining to days in the tax year before January 1, 2019, have been deleted in Part 1, Income subject to Saskatchewan lower and higher tax rates.
- Schedule 430 - British Columbia Shipbuilding and Ship Repair Industry Tax Credit (2019 and later tax years)
  
  This form has been updated. In Part 1, Basic tax credit, line 120 pertaining to the B.C. training tax credit has been deleted and in Part 3, Enhanced tax credit, line 420 pertaining to the B.C. enhanced training tax credit has been deleted. Consequently, the keyword BCTRAIN-TAXCR has been deleted in the Credit-Type subgroup for the options "Basic tax credit" and "Enhanced tax credit" within the Employment group, when option "British Columbia shipbuilding tax credit" has been chosen.
- Schedule 440 - Yukon Manufacturing and Processing Profits Tax Credit (2020 and later tax years)
- Schedule 442 - Yukon Research and Development Tax Credit (2020 and later tax years)
- Schedule 443 - Yukon Corporation Tax Calculation (2020 and later tax years)
  
  This form has been updated by the CRA. Lines pertaining to days in the tax year after December 31, 2020, have been deleted in Part 2. Income subject to Yukon low tax rate is 0% after December 31, 2020.
- Schedule 444 - Yukon Business Carbon Price Rebate (2019 and later tax years)
  The Yukon business carbon price rebate applies to an eligible Yukon business taxpayer who files an income tax return for a tax year ending after July 1, 2019.
  
  The Yukon business carbon price rebate is a refundable tax credit equal to the amount of the business rebate factor for the financial year in which the tax year ends multiplied by the eligible Yukon undepreciated capital cost (UCC) to the taxpayer as of the end of the tax year.
  
  The business rebate factor is equal to:
  - $3.45 for each $1,000 of eligible Yukon UCC if your tax year ends before April 1, 2020 (enter 0.00345 at line 500).
  - $6.90 for each $1,000 of eligible Yukon UCC if your tax year ends after March 31, 2020 (enter 0.00690 at line 500).
- Schedule 461 - Northwest Territories Corporation Tax Calculation (2020 and later tax years)
- Schedule 500 - Ontario Corporation Tax Calculation (2020 and later tax years)
  
  Part 2, Ontario small business deduction, and Part 4, Credit union tax reduction, have been updated by the CRA. This revision is due to the reduction of Ontario's small business corporate income tax rate that applies to the first $500,000 of qualifying active business income of a Canadian-controlled private corporation to 3.2% (from 3.5%) effective January 1, 2020.
- Schedule 558 - Ontario Production Services Tax Credit (2020 and later tax years)
  
  This form has been updated and lines pertaining to expenditures incurred before April 24, 2015, have been deleted.
  
  Part 4 - Ontario production expenditure incurred before April 24, 2015, has been deleted.
  
  Part 5 - Assistance attributable to the expenditure incurred before April 24, 2015, has been deleted.
  
  Part 8 - Qualifying production expenditure (QPE) incurred before April 24, 2015, has been deleted.
  
  Line 715 has been deleted.
- T2WS1 - Calculating estimated tax payable and tax credits for 2021 (N.B.: No calculation support is available for this form.)
- Worksheet 2 - Calculating your monthly instalment payments for 2021
- Worksheet 3 - Calculating your quarterly instalment payments for 2021
- T183CORP - Information Return for Corporations Filing Electronically
  
  This form has been updated and, as such, the line pertaining to Part II surtax payable has been deleted.
- T2054 - Election for a Capital Dividend Under Subsection 83(2)
  
  In Part 1, Identification, the line referring to the Tax services office has been removed and therefore the keyword DISTRICT has been deleted from the DividendPaid group. Also, in Part 1, a new line has been added to enter the telephone extension number of the contact person.
- T3010 (includes T1235 and T1236) - Registered Charity Information Return
  
  The Registered Charity return has been updated with this version of DT Max T2.
  
  Question C5 and Schedule 7 pertaining to public policy dialogue and development activities have been removed from the T3010 return.
  
  In December 2018, the rules governing the political activities of registered charities changed as a result of new legislation that permits charities to carry on unlimited public policy dialogue and development activities in furtherance of a stated charitable purpose. Under the new rules, the reporting requirements related to a charity's spending on political activities are no longer relevant.
  
  On the T1235, Directors/Trustees and Like Officials Worksheet, the charity's business number has been added.
  
  On the T1236, Qualified donees worksheet/Amounts provided to other organizations, the charity's fiscal period ending has been added.
Quebec
- CO-17 - Corporation Income Tax Return
  
  New line 19b has been added in Part 2, Information about the corporation, to indicate if the corporation has received or disposed of (sold, transferred, exchanged, given, etc.) virtual currency. Use the keyword VirtualCurrency within the Activity group to answer this question.
  
  Also, in Part 2 of the CO-17, line 26 pertaining to whether the corporation is a general partner, or a party to either a contract of mandate or a contract of prête-nom has been deleted and, as such, keywords CORPTYPE-QUE and CONTRACT-OBJ in Jurisdiction group have been deleted.
  
  New codes have been added for lines 421b through 421f on page 3 pertaining to the Synergy capital tax credit. Use the keyword Que-Cr-Other if you wish to enter this information.
- COR-17.W - Keying Summary for Corporation Returns (Note: This form is currently available in French only.)
  
  New line 19b has been added due to addition of this same line on the CO-17 and line 26 has been deleted due to this same line being deleted on the CO-17
- COR-17.X - Keying Summary for Form CO-130.A (Note: This form is currently available in French only.)
- COR-17.Y - Keying Summary for Form CO-771.1.3 (Note: This form is currently available in French only.)
- COR-17.Z - Keying Summary for Form CO-1137.E (Note: This form is currently available in French only.)
- CO-17.R - Request for an Adjustment to a Corporation Income Tax Return or to an Information and Income Tax Return for Non-Profit Corporations
- CO-726.PF - Income-Averaging Deduction for Forest Producers
  
  In Quebec's budget 2020-2021, an extension of the income-averaging mechanism and the carry-over period for certified forest producers in respect of a private forest was announced.
  
  So that private forests can contribute more to supplying Quebec timber processing plants over the coming years and a greater number of private forest owners will actively manage their forest lands, the income-averaging mechanism for certified forest producers in respect of a private forest is extended for a five-year period. Also, the carry-over period is increased to ten years.
  
  A qualified corporation that, at the end of a particular taxation year ending on or after the day of the budget speech but before January 1, 2026, is either a certified forest producer in respect of a private forest or a member of a partnership that is a certified forest producer in respect of a private forest can deduct, in calculating the corporation's taxable income for the year, an amount not exceeding 85% of the lesser of $200,000 or the income - or the share of the income of the partnership - generated by non-retail sales of timber produced in a private forest for that taxation year.
  
  In respect of sales of timber that were made by a certified forest producer in respect of a private forest, that are subject to the income-averaging mechanism and that were completed on or after the day of the budget speech but before January 1, 2026, taxation of the amount so deducted can be spread over a period not exceeding ten years. For each of the ten taxation years following the year for which the deduction has been claimed, the taxpayer must include, in the calculation of the taxable income, at least 10% of the amount deducted, up to the amount by which the amount deducted exceeds the aggregate of the amounts already included. For greater clarity, sales of timber made by a certified forest producer in respect of a private forest, completed after March 17, 2016, and before the day of the budget speech, will continue to benefit from the seven-year averaging period.
  
  This form has been updated to reflect the above changes. New lines have been added in Part 2, Revenu ou perte provenant d'activités marchandes reconnues (Income or loss from certified commercial activities), for the sales concluded on or after March 10, 2020, in order to calculate the income-averaging deduction for forest producers in Part 4 of the form. In Part 5, Partie de la déduction d'une année passée à inclure dans le calcul du revenu imposable (Portion of a previous year's deduction to be included in calculating taxable income), a brand-new table has been added for the ten-year income-averaging period.
  
  The keyword LogOperation opens up the group to enter information pertaining to this form.
- CO-771 - Calculation of the Income Tax of a Corporation
- CO-771.1.3.AJ - Adjusted Business Limit (N.B. An English version of this form is now available.)
- CO-1029.8.33.13 - Tax Credit for the Reporting of Tips
  
  The form was updated to reflect the new source deductions and contributions rate for 2020 (TP-1015.G-V).
  
  Also, new line 52a has been added in Part 2.7, Cotisation de l'employeur à la Commission des normes, de l'équité, de la santé et de la sécurité du travail (Employer contribution to the Commission des normes, de l'équité, de la santé et de la sécurité du travail) of the form for Indemnités de congés annuels calculées sur les pourboires (Annual leave indemnities calculated on tips). Use the keyword Tip-Info within the Tips group.
- CO-1029.8.33.TE - Tax Credit for Small and Medium-Sized Businesses to Foster the Retention of Experienced Workers
- CO-1029.8.33.TF - Agreement Concerning the Tax Credit for Small and Medium-Sized Businesses to Foster the Retention of Experienced Workers
  
  Due to the introduction of new form CO-1029.8.33.CS, Refundable tax credit for SMEs for persons with a severely limited capacity for employment, keyword changes have been made for these two above Quebec forms. The keyword EXPERIENCE-WORKER which opened up the group to enter information pertaining to the Quebec tax credit for SMEs to foster the retention of experienced workers has now been changed to keyword Employment-QC . No data entry changes are required if this group had already been entered in a previous version of DT Max T2.
- CO-1029.8.36.DA - Tax Credit for the Development of E-Business
  
  This form has been updated. Box 11 is added to indicate if a portion of the wages incurred during the period covered by the certificate and paid to the eligible employee (line 20) allowed the corporation to receive another tax credit or if part or all of this salary gave a person or partnership other than the qualifying corporation entitlement to a tax credit.
  
  New lines 21c, 21d, 21e, 33a, 33b are added, and lines 21a and 38c were deleted.
- CO-1029.8.36.ES - Tax Credit for the Production of Sound Recordings
  
  This form has been updated to reflect the increase in the refundable tax credit for the production of sound recordings as announced in Quebec budget 2020-2021.
  
  The tax credit is equal to 35% of the amount of qualified labour expenditures, which are, however, capped by a limit corresponding to 50% of the production costs of the sound recording, digital audiovisual recording or clip.
  
  To further encourage the growth of this rapidly changing industry, the tax legislation will be amended to raise the limit on labour expenditures eligible for the refundable tax credit for sound recordings to 65% of the production costs of a qualified property.
  
  This amendment will apply in respect of a qualified property for which an application for an advance ruling, or an application for a qualification certificate if no application for an advance ruling was previously filed, is filed with the Société de développement des entreprises culturelles after the day of the budget speech.
  
  In Part 2, Renseignements sur le bien admissible (Information on the qualified property), boxes 12c and 12d were added to distinguish the period when the application for an advanced ruling or certificate was filed with the SODEC. This period determines the limit on labour expenditures eligible for the tax credit for the production of sound recordings. Use the keyword Advance-Ruling.s within the Sound-Record group to select the applicable option.
- CO-1029.8.36.IN - Tax Credit for Investment
  
  The form has been updated and the credit rates before Jan 1, 2017, have been removed.
  
  In addition, a new Part 2.2, Election in respect of qualified property, was included for the corporation that is making an election for the property to be considered as eligible property for the application of the tax credit for investment, rather than as a specified property for the purposes of the tax credit for investment and innovation.
- CO-1029.8.36.PS - Tax Credit to Support Print Media Companies
- CO-1029.8.36.SM - Tax Credit for the Production of Performances
  
  This form has been updated to reflect the increase in the refundable tax credit for the production of performances as announced in Quebec budget 2020-2021.
  
  The refundable tax credit for the production of performances is equal to 35% of the amount of qualified labour expenditures, which are, however, capped by a limit corresponding to 50% of the production costs of the performance.
  
  To further support the creation of performances and better reflect the reality of the industry, the tax legislation will be amended to raise the limit of the qualified labour expenditures for the refundable tax credit for the production of performances to 65% of the production costs of the performance.
  
  This change will apply in respect of a performance whose first eligibility period ends after the day of the budget speech and for which an application for an advance ruling, or an application for a qualification certificate if no application for an advance ruling was previously filed for that period, is filed with the Société de développement des entreprises culturelles after that day.
  
  In order to tick the new box 09a that has been added in Part 2, Renseignements sur le spectacle (Information about the performance), use the keyword Prod-Info.c with the option "Tick box 09a" within the Cred-Film group option "Production of Quebec performances". This box identifies the corporations that can benefit from the increase in the limit of the qualified labour expenditures. Such a company is not affected by the old variations in the rate of the tax credit, which went from 35% to 28% then to 35%. It will therefore not be required to tick one of boxes 10c to 10e.
- CO-1159.2 - Compensation Tax for Financial Institutions
  
  Box 6a has been added to indicate if the corporation is an independent loan corporation, an independent trust corporation or an independent corporation trading in securities.
  
  Use the keyword Independent-Corp within the QCompens-Tax group to answer this question.
- RD-1029.7 - Tax Credit for Salaries and Wages (R&D)
- RD-1029.8.6 - Tax Credit for University Research or Research Carried Out by a Public Research Centre or a Research Consortium
- RD-1029.8.9.03 - Tax Credit for Fees and Dues Paid to a Research Consortium
- RD-1029.8.16.1 - Tax Credit for Private Partnership Pre-Competitive Research
- TP-1029.9 - Tax Credit for Taxi Drivers or Taxi Owners
  
  This form has been updated and the base amount for year 2020 has been added.
  
  The maximum amount applicable for the 2020 taxation year is $594 on line 53 in Part 3, Tax credit for taxi owners.
Alberta
- AT1 Alberta Corporate Income Tax Return - AT1 for 2004 and Subsequent Taxation Years
- AT1 Schedule 1 - Small Business Deduction
- Alberta Consent Form
  
  Several changes have been made to this form. A separate section (Part 3) now exists for authorizing access by telephone, email, fax and mail and another section (Part 4) for authorizing online access.
  
  In Part 5, Details of new authorization, lines relating to the programs that the individual or firm is authorized to access have all been deleted.
  
  In Part 7, Certification, new line numbers relating to the fax number and the signature date have been added for the individual with proper authorization for the business.
In-house forms
- Notes and diagnostics page
  
  A new table has been added for the T1135 (Foreign Income Verification Statement) filing requirements as per the CRA's request.
  
  If you answered "Yes" to the question "Did you own or hold specified foreign property where the total cost amount of all such property, at any time in the year, was more than $100,000 CAN?" at line 259 of Schedule 200, this new table will remind you that you are required to file form T1135 if you have not already done so.
- Carryforward schedule (Multiple jurisdictions)
  
  Line 200 of Schedule 402 has been deleted since it is obsolete.
  
  Line 158 of Quebec form CO-1029.8.36.II has been added for the investment and innovation tax credit carryforward.
- Assembly instructions
- Client letter
Deleted forms

Federal
- Schedule 46 - Part II - Tobacco Manufacturers' Surtax
- Schedule 562 - Ontario Sound Recording Tax Credit
Quebec
- CO-1029.8.36.HE - Tax Credit for the Modernization of a Tourist Accommodation Establishment
- CO-1029.8.36.HF - Agreement Concerning the Annual Limit of the Tax Credit for the Modernization of a Tourist Accommodation Establishment
New keywords
1. In the QCompens-Tax group, pertaining to Quebec form CO-1159.2:
  1. Independent-Corp : Whether the corporation is independent
    
    Use the keyword Independent-Corp to indicate if the corporation is an independent loan corporation, an independent trust corporation or an independent corporation trading in securities.
2. In the Sound-Record group, pertaining to Quebec form CO-1029.8.36.ES:
  1. Advance-Ruling.s : When the application for an advanced ruling or a certificate has been submitted to the SODEC
    
    Use the keyword Advance-Ruling.s to indicate when the application for an advanced ruling or a certificate has been submitted to the SODEC.
3. In the Activity group, pertaining to the new Quebec form CO-17.CE:
  1. Oth-WebAddress : Provide all other Internet webpages or website addresses generating Internet income (aka URL addresses) - QC only
    
    Use the keyword Oth-WebAddress to enter all other Internet webpages or website addresses that generate Internet income as this information is solely required for Quebec form CO-17.CE.
    
    If the corporation does not have a website but has created a profile or other page describing the business on blogs, auction, market place, or any other portal or directory websites, enter the addresses of the pages if they generate income.
4. In the SR&EDTaxCrQ group, pertaining to Quebec forms RD-1029.7, RD-1029.8.6, RD-1029.8.9.03 and RD-1029.8.16.1:
  1. RD-Work : Are the expenditures related to R&D work carried out before March 11, 2020?
    
    Use the keyword RD-Work to indicate if the expenditures incurred by a taxpayer or partnership for a taxation year or fiscal period, as applicable, relates to R&D work carried out before March 11, 2020.
    
    This is due to the elimination of the exclusion threshold for qualified expenditures relating to a university research contract, an eligible research contract entered into with an eligible public research centre, a pre-competitive research project carried out in private partnership, or fees or dues paid to an eligible research consortium.
5. In the Activity group, pertaining to the Quebec return CO-17:
  1. VirtualCurrency : Whether or not the corporation has received or disposed of (sold, transferred, changed, given, etc.) virtual currency
    
    Use the keyword VirtualCurrency to indicate whether or not the corporation has received or disposed of (sold, transferred, changed, given, etc.) virtual currency. This information is requested on page 1 of the Quebec CO-17.
6. In the CCA-Class group, pertaining to federal Schedule 444:
  1. CarbonRebate : Eligible for the Yukon government carbon price rebate? (Schedule 444)
    
    Use the keyword CarbonRebate to indicate if the asset is eligible for the Yukon government carbon price rebate for businesses.
  2. Cross-Border : Equipment used in cross-border transport? (Schedule 444)
    
    Use the keyword Cross-Border to indicate if the equipment is used in cross-border transport.
  3. Km-OR-Fuel-Used : Mileage or fuel used by cross-border equipment while in Yukon (Schedule 444)
    
    Use the keyword Km-OR-Fuel-Used to enter the mileage or fuel used by cross-border equipment while in Yukon.
  4. Total-Km-OR-Fuel : Total mileage or fuel used by cross-border equipment (Schedule 444)
    
    Use the keyword Total-Km-OR-Fuel to enter the total mileage or fuel used by cross-border equipment.
7. In the Que-ITC group, pertaining to the new Quebec form CO-1029.8.36.II:
  1. Specified-Prop : Type of specified property
    
    Use the keyword Specified-Prop to indicate the type of specified property that qualifies for the investment and innovation tax credit.
  2. MunicipalCode : Geographic code of the municipality where the acquired property was mainly used (5 characters)
    
    To know the geographic code of the municipality where the acquired property was mainly used, consult the Répertoire des municipalités on the ministère des Affaires municipales et de l'Habitation website, at mamh.gouv.qc.ca.
    
    Click here to access repertoire.
  3. Zone.qi : Zone where property acquired to be used mainly
    
    For purposes of Quebec tax credit for investments and innovation (CO-1029.8.36.II), the tax credit rate applicable to a qualified corporation in respect of a specified property will be established based on the region where the property is acquired to be used mainly and will be equal to the following applicable rate:
    - if the property is acquired to be used mainly in the low economic vitality zone: 20%;
    - if the property is acquired to be used mainly in the intermediate zone: 15%;
    - if the property is acquired to be used mainly in the high economic vitality zone: 10%.
    Click here to see a complete listing of municipalities.
  4. Investment.qi : Specified expenses incurred for the acquisition of the specified property
    
    Use the keyword Investment.qi to enter the partial or total amount paid of specified expenses incurred for the acquisition of the specified property.
  5. Expense-Alloc : Allocation of specified expenses for the zone
    
    Use the keyword Expense-Alloc to indicate the allocation of the specified expenses pertaining to the selected zone.
  6. TaxPayable-OV : Tax payable calculated for the year - override
    
    Use the keyword TaxPayable-OV to override the amount of the tax payable calculated for the year for purposes of line 115 on Quebec form CO-1029.8.36.II.
    
    The total taxes of a qualified corporation, for a taxation year, correspond to the total amount of income tax, compensation tax on financial institutions, tax on capital of insurance corporations and tax on capital of life insurers before taking into account the refundable tax credits.
    
    If a portion of the total tax amount allowed the corporation to benefit from a non-refundable tax credit, you must subtract it from this amount.
8. In the RelatedParty group pertaining to Quebec form CO-1029.8.36.II:
  1. GROSSINC-PREVYR.M : Gross income of the qualified partnership - previous year
    
    Use the keyword GROSSINC-PREVYR.M to enter the gross income of the qualified partnership for the previous year for the purposes of Quebec form CO-1029.8.36.II.
9. Pertaining to the new Quebec form CO-1029.8.36.IK:
  1. QC-InvInnoAllocOV : Allocation of the cumulative limit related to the investment and innovation cr. in the current tax yr /ov
    
    Use QC-InvInnoAllocOV to override this corporation's allocation of the cumulative limit for purposes of the investments and innovation tax credit.
    
    DT Max will otherwise calculate the limit based on all information entered, including RelatedParty groups of associated corporations, as $100,000,000 less the limit(s) allocated to any associated corporation(s).
10. In the RelatedParty group, also pertaining to the new Quebec form CO-1029.8.36.IK:
  1. QC-InvInno-Alloc : $100,000,000 cumulative limit related to investments & innovation cr. allocated to assoc. corp.
    
    Use the keyword QC-InvInno-Alloc to enter the portion of the $100,000,000 cumulative limit related to the investments and innovation tax credit allocated to the associated corporation.
11. In the Address group, for the federal T2 return, forms and schedules where an international phone number may be entered:
  1. Inter-PhoneNum : International telephone number - day (for Federal return and schedules only)
    
    This is the corporation's day international phone number. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword Inter-PhoneNum only if you wish to print the international telephone number on the Federal tax return and schedules where requested as opposed to the telephone number entered within the keyword Phone .
12. In the CorpOfficers group:
  1. Inter-PhoneNum.c : Officer's international telephone number (for Federal return and schedules only)
    
    Use the keyword Inter-PhoneNum.c only if you wish to print the international telephone number on the Federal tax return and schedules where requested as opposed to the officer's telephone number entered within the keyword Phone.offr .
    
    It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
13. In the SR&EDInfo group, pertaining to federal Schedule 569:
  1. Inter-PhoneNum.s : International telephone number of contact person
    
    Use the keyword Inter-PhoneNum.s only if you wish to print the international telephone number of the contact person for purposes of federal Schedule 569 as opposed to the telephone number entered within the keyword ContactPhone.s .
    
    It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
14. In the Cred-Film group:
  1. Inter-PhoneNum.f : Enter the international telephone number of the contact person (if different than in ADDRESS group)
    
    Use the keyword Inter-PhoneNum.f only if you wish to print the international telephone number of the contact person on the Federal film schedules as opposed to the telephone number entered within the keyword ContactPhone.f .
    
    It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
15. In the ProvCreditOV group, pertaining to federal Schedule 5:
  1. Transfer-Amalg : Credit transferred on amalgamation
    
    Use the keyword Transfer-Amalg to enter the credit transferred on an amalgamation.
16. In the Address group, pertaining to federal Schedule 32:
  1. Inter-FaxNum : International fax number
    
    This is the corporation's international fax number. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword Inter-FaxNum only if you wish to print the international fax number on the federal Schedule 32 as opposed to the fax number entered within the keyword Fax .
17. In the SR&EDProject group, pertaining to federal Schedule 32:
  1. Overhead.p : Overhead and other expenditures, if using traditional method
    
    Use the keyword Overhead.p to enter overhead and other expenditures, if using the traditional method in Part 3 of Schedule 32 (T661).
18. In the SR&ED group, pertaining to federal Schedule 32:
  1. ContactTech-Int : International telephone number of contact person for technical information [F120]
    
    Use ContactTech-Int to enter the international telephone number of the contact person for technical information. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword ContactTech-Int only if you wish to print the international telephone number on the federal Schedule 32 as opposed to the telephone number entered within the keyword ContactTech-Phone .
  2. ContactTechFax-Int : International fax number of contact person for technical information [F125]
    
    Use ContactTechFax-Int to enter the international fax number of the contact person for technical information. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword ContactTechFax-Int only if you wish to print the international fax number on the federal Schedule 32 as opposed to the fax number entered within the keyword ContactTech-Fax .
  3. ContactPhone-Int : International telephone number of contact person for SR&ED purposes [F105]
    
    Use ContactPhone-Int to enter the international telephone number of the contact person for purposes of SR&ED. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword ContactPhone-Int only if you wish to print the international telephone number on the federal Schedule 32 as opposed to the telephone number entered within the keyword ContactPhone .
  4. ContactFax-Int : International fax number of contact person for SR&ED purposes [F110]
    
    Use ContactFax-Int to enter the international fax number of the contact person. It can be up to 15 numeric characters and entered with no spaces, hyphens or other characters.
    
    Use the keyword ContactFax-Int only if you wish to print the international fax number on the federal Schedule 32 as opposed to the fax number entered within the keyword ContactFax .
19. In the TAXI group, pertaining to Quebec form TP-1029.9:
  1. BASICAMOUNT-OV : Basic amount calculated for the year - override
    
    Use the keyword BASICAMOUNT-OV to override the basic amount calculated for the year for purposes of Quebec form TP-1029.9.
Revised keywords
1. In the Activity group, pertaining to Quebec form CO-17.CE and federal Schedule 88:
  1. Web-Address : Provide top five Internet webpages or website addresses generating most Internet income (aka URL addresses)
    
    Use the keyword Web-Address to enter the top five Internet webpages or website addresses that generate the most Internet income here. This information will be shown on federal Schedule 88 and Quebec form CO-17.CE.
    
    For Quebec purposes, if the corporation has more than five websites, any additional websites will be entered by using the keyword Oth-WebAddress .
    
    If the corporation does not have a website but has created a profile or other page describing the business on blogs, auction, market place, or any other portal or directory websites, enter the addresses of the pages if they generate income.
  2. InternetBus-Inc : Whether the corporation earned income from one or more webpages or websites
    
    Use the keyword InternetBus-Inc to indicate whether or not the corporation earned income from one or more webpages or websites for purposes of federal Schedule 88 and Quebec form CO-17.CE.
2. Pertaining to Quebec forms CO-1029.8.33.TE, CO-1029.8.33.TF and CO-1029.8.33.CS:
  1. Employment-QC : Type of Quebec employment credit claimed
    
    Use the keyword Employment-QC to indicate which type of Quebec employment credit you wish to claim.
3. In the TAXI group, pertaining to Quebec form TP-1029.9:
  1. INCOME.TAXI : Gross income from a taxi firm or from the rental of a taxi
    
    Use the keyword INCOME.TAXI to enter either the gross income from a taxi firm or the gross income from the rental of a taxi designated in a taxi owner's permit as held by the corporation.
    
    If the taxation year or fiscal period began after December 31, 2019, and includes October 9, 2020, include the net income for the part of the taxation year or fiscal period prior to October 10, 2020.
    
    This amount is used to calculate the credit on form TP-1029.9.
Deleted keywords
1. From the Jurisdiction group, pertaining to the Quebec return CO-17:
  1. CORPTYPE-QUE : Agent corporation, dummy corporation or general partner
  2. CONTRACT-OBJ : Object of the agreement to act as nominee (if applicable)
2. From the DividendPaid group, pertaining to federal form T2054:
  1. DISTRICT : District of taxation office for purposes of form T2054
3. From the Agreement group, pertaining to federal Schedule 61 and Schedule 62:
  1. CAPITAL.TS : Capital portion of the SR&ED agreed upon amount before 2014
4. From the Mining group, pertaining to federal Schedule 31:
  1. MINE-ITC-CB : Carryback of credit from pre-production mining expenditures
5. From the M&PProfits group, pertaining to federal Schedule 46:
  1. TOBACCO-M&P : Corporation engaged in tobacco manufacturing
6. From the Sound-Record group, pertaining to federal Schedule 562:
  1. NAME.S : Corporation's name from eligibility certificate, if different than legal name
  2. PARTNER-NAME.S : Partnership's name
  3. CERT-NUM.S : Certificate number
  4. ARTIST : Name of artist
  5. VIDEO : Name of video
  6. FIRST-EXPEND : Date of first qualifying expenditure
  7. LAST-EXPEND : Date of last qualifying expenditure
  8. QUAL-EXP.S : Qualifying expenditures incurred for this sound recording
  9. PROD-RECORD : Amount of qualifying production expenditures
  10. VIDEO-RECORD : Amount of qualifying music video expenditures
  11. MARKETRECORD : Amount of qualifying marketing expenditures
  12. GOV-ASSIST : Government assistance received or repaid for expenditures
  13. PREVYRINFO : Information about previous years
7. From the Credit-Type subgroup within the Employment group, pertaining to federal Schedule 430:
  1. BCTRAIN-TAXCR : B.C. training tax credit claimed in year
8. From the deleted TOURISM group, pertaining to the Quebec form CO-1029.8.36.HE:
  1. TOURISM : Credit for the modernization of a tourist accommodation establishment
  2. ESTABLISHMENT.T : Eligible tourist accommodation establishment
  3. STREET.H : Street of the tourist accommodation establishment
  4. CITY.H : City of the tourist accommodation establishment
  5. PROVINCE.H : Province of the tourist accommodation establishment
  6. POSTCODE.H : Postal code of the tourist accommodation establishment
  7. ESTABLISH-TYPE : Type of eligible tourist accommodation establishment
  8. PARTNER-INFO.HE : Type of relationship partnership is involved in
  9. PARTNER-NAME.HE : Partnership's name
  10. CONTRACTOR : Contractor's name
  11. REPAYMENT.HE : Repayment of assistance for a previous taxation year
  12. QUAL-EXP-DISTRIB : Distribution of the qualifying expense
  13. TAXYR-THRESHOLD : Portion of the threshold that has reduced the qualifying expenses and tax year
  14. QST.HE : QST number of contractor
  15. STREET.HE : Street of contractor
  16. CITY.HE : City of contractor
  17. PROVINCE.HE : Province of contractor
  18. POSTCODE.HE : Postal code of the contractor
  19. SIN.HE : Social insurance number of the contractor
  20. DESC-WORK : Description of work done and assets acquired
  21. LICENCENO : Contractor's licence number, if applicable
  22. CONS-TOTAL : Total consideration
  23. AMT-PAIDINYEAR : Consideration paid in year
  24. ROOMS : Rooms (including bathrooms)
  25. DININGROOMS : Dining rooms
  26. INT-PUBLIC-AREAS : Interior facilities that constitute public areas
  27. EXT-STRUCTURES : Exterior structure of building
9. From the RelatedParty group, pertaining to Quebec form CO-1029.8.36.HF:
  1. TOURISM-EXPLIM : Tourism expenditure limit allocated to associated corp (CO-1029.8.36.HF)
10. From the Jurisdiction group, pertaining to the Alberta Consent Form:
  1. BUS-ID-NUM : Alberta business identification number (BIN)
11. From the SR&ED-ITC subgroup within the SR&ED group:
  1. ACQ-DATE : Date SR&ED capital asset available for use
New options
1. For the keyword Prod-Info.c , pertaining to Quebec form CO-1029.8.36.SM:
  
  Tick box 09a
2. For the new keyword Advance-Ruling.s , pertaining to Quebec formCO-1029.8.36.ES:
  
  Application before March 11, 2020
  Application after March 10, 2020
3. For the keyword Cur-Account , pertaining to federal form T106:
  
  Accounts payable - increase
  Accounts payable - decrease
  Accounts receivable - increase
  Accounts receivable - decrease
4. For the keyword ProvCreditOV , pertaining to federal Schedule 5:
  
  Regional opportunities investment tax credit - Ontario
5. For the keyword CDA-ECP , pertaining to federal Schedule 89:
  
  Cost of eligible capital property acquired
  Proceeds of sale from disposition
6. For the keyword Tip-Info , pertaining to Quebec form CO-1029.8.33.13:
  
  Indemnities for paid annual leave (calendar yr) - CNESST
7. For the keyword Doc-ID :
  
  Sch 349 NS innovation equity tax credit
  Sch 350 NS venture capital tax credit
8. For the keyword ProvCr-Alloc , pertaining to federal Schedule 444:
  
  Elig. UCC allocation from partnership - sch. 444
9. For the keyword Que-Cr-Other , pertaining to the Quebec return CO-17:
  
  Synergy capital tax credit - current year
  Synergy capital tax credit - carried forward
  Synergy capital tax credit - carried back
10. For keywords Tax-Credit-Add and Tax-Credit-Ded , pertaining to Quebec form CO-17.A.1:
  
  109 Investment and innovation
  110 Persons with severely limited capacity - SMB
11. For the keyword Que-ITC , pertaining to Quebec form CO-1029.8.36.II:
  
  Quebec invest. & innov. cr. (CO-1029.8.36.II)
  QC invest. & innov. cr. carried forward (CO-1029.8.36.II)
  Quebec invest. & innov. cr. carried back (CO-1029.8.36.II)
12. For keywords Investments and Investments.re , pertaining to Quebec form CO-1029.8.36.II:
  
  Specified expenses - 48 months prior to beginning of year
  Eligible expenses - curr yr or 48 months before start of yr
13. For the keyword Zone.qi , pertaining to Quebec form CO-1029.8.36.II:
  
  Low economic vitality zone
  Intermediate zone
  High economic vitality zone
14. For the keyword Specified-Prop , pertaining to Quebec form CO-1029.8.36.II:
  
  Manufacturing and processing equipment - Class 53
  General-purpose electronic data process. equip. - Class 50
  Prop. for process. ore extracted from min. res. - Class 43
  Qualified management software package - Class 12
  Prop. used in smelting, refining or hydrometallurgy of ores
15. For the keyword Letter-Data , pertaining to Quebec form CO-1029.8.36.II:
  
  %130 CO-1029.8.36.II - Investments & innovation tax credit [0=No, 1=Yes]
  %131 CO-1029.8.36.IK - Agreement - Investments & innovation
16. For the keyword Program-Pymt :
  
  687 COVID-19 - Other assistance payments (allow. income)
  686 COVID-19 - Temporary foreign worker subsidy payments
  684 COVID-19 - Wage subsidy payments arm's length salary
  683 Dairy Direct Payment Program (DDPP)
  688 COVID-19 - Other assistance payment (non-allow. inc)
  685 COVID-19 - Wage subsidy payments for NAL salaries
  682 Dairy Farm Investment Program (DFIP)
17. For the keyword DeferredIncome :
  
  687 COVID-19 - Other assistance payments (allow. income)
  686 COVID-19 - Temporary foreign worker subsidy payments
  684 COVID-19 - Wage subsidy payments arm's length salary
  683 Dairy Direct Payment Program (DDPP)
  688 COVID-19 - Other assistance payment (non-allow. inc)
  685 COVID-19 - Wage subsidy payments for NAL salaries
  682 Dairy Farm Investment Program (DFIP)
18. For the keyword Employment-QC , pertaining to Quebec form CO-1029.8.33.CS:
  
  Persons with severely limited capacity for employment - SME
19. For the keyword LogOperation , pertaining to Quebec form CO-726.PF
  
  Inc. averaging for forest producers - after March 9, 2020
  Prev. year's deduction included inc. - after March 9, 2020
20. For the keyword QPE-Limit , pertaining to federal Schedule 558:
  
  Remuneration paid to corp. - Canad. resident(curr./prev. yrs)
  Remuneration paid to corporations(curr./prev. yrs)
  Remuneration paid to partnerships(curr./prev. yrs)
  Select
21. For the CCA-Class keyword group, pertaining to the federal Schedule 8, the Quebec CO-130.A and the Alberta AT1 Schedule 13:
  
  Class 56 - 30% DB (after March 1, 2020)
Revised options
1. For the keyword Forest-Aver-Inc , pertaining to Quebec form CO-726.PF:
  
  Net income (net loss) from corporation
  Net Income (net loss) from partnership
2. For the keyword LogOperation , pertaining to Quebec form CO-726.PF:
  
  Inc. averaging for forest producers - before March 10, 2020
  Prev. year's deduction included inc. - before March 10, 2020
3. For the keyword QPE-Limit , pertaining to federal Schedule 558:
  
  Remuneration paid to individuals (current and previous years)
Deleted options
1. From the keyword ProvITCExp.r , pertaining to federal Schedule 380:
  
  SR&ED ITC - MB (exp. under R&D contract before April 12/17)
  SR&ED ITC - MB (exp. not under R&D contr. bef. April 12/17)
2. From the keyword CDA-ECP , pertaining to federal Schedule 89:
  
  Amount included in income arising from disp.
3. From the keyword Mining-Exp , pertaining to federal Schedule 31:
  
  Clearing, removing overburden, stripping
  Sinking a mine shaft, constructing an adit, other
4. From the keyword Expenses.m , pertaining to federal Schedule 31:
  
  Mining exploration & mining development expenditures (10%)
  Mining exploration & mining development expenditures (5%)
  Mining development expenditures (7%)
  Mining development expenditures (4%)
5. From the keyword Sound-Record , pertaining to federal Schedule 562:
  
  Ontario sound recording (expenditures before May 1, 2016)
6. From the deleted keyword QUAL-EXP.S, pertaining to federal Schedule 562:
  
  Qualifying expenditures incurred in Ontario
  Qualifying expenditures incurred outside Ontario
7. From the deleted keyword PROD-RECORD, pertaining to federal Schedule 562:
  
  Artists royalties
  Musician session fees
  Graphics
  Producers' fee
  Software
  Studio costs & supplies
  Digital scanning
  Programming and testing
  Engineers' & technicians' fees
  Beta testing
8. From the deleted keyword MARKETRECORD, pertaining to federal Schedule 562:
  
  Consultants' fees
  Employees wages - public relations or marketing
  Advertising and promotional costs
  Rental costs for sound, light and facility
  Food, beverage and entertainment expenses
  Event planning
  Design, printing and mailing of invitations
  Security
  Permits and licenses of business
  Photography
  Promotional gifts and souvenirs
9. From the deleted keyword PREVYRINFO, pertaining to federal Schedule 562:
  
  Qualifying expenditures - previous yr
10. From the keyword Letter-Data , pertaining to Quebec form CO-1029.8.36.HF:
  
  %118 CO-1029.8.36.HF - Agreement - Tourist accommodation [0=No, 1=Yes]
11. From the deleted keyword TOURISM, pertaining to Quebec form CO-1029.8.36.HE:
  
  Modern. of tourist accommodations (CO-1029.8.36.HE)
  Modern. of tourist accommodations - Distribution & threshold
12. From the deleted keyword ESTABLISH-TYPE, pertaining to Quebec form CO-1029.8.36.HE:
  
  Hotel
  Tourist home
  Resort
  Bed and breakfast
  Youth hostel
13. From the deleted keywords ROOMS, DININGROOMS, INT-PUBLIC-AREAS and EXT-STRUCTURES, pertaining to Quebec form CO-1029.8.36.HE:
  
  Renovation expenses
  Reorganization expenses
  Improvement expenses
  Conversion expenses
  Expansion expenses
  Land restoration expenses
  Assistance
14. From the deleted keyword QUAL-EXP-DISTRIB, pertaining to Quebec form CO-1029.8.36.HE:
  
  Before June 5, 2014
  After June 4, 2014
15. From the keyword Labour-Exp.f , pertaining to federal Schedule 558:
  
  Qual. production exp. before April 24, 2015
16. From the keywords Contract.exp and Payment.t , pertaining to federal Schedule 32:
  
  Before Jan. 1, 2013
17. From the keyword Cap-Exp , pertaining to federal Schedule 32:
  
  Sale of SR&ED capital assets in pool [F440]
  First-term shared-use equipment before 2014 [F504]
  Second-term shared-use equipment before 2014 [F504]
18. From the keyword Account , pertaining to the Alberta Consent Form:
  
  Vaping Products Tax (Alberta)
  Tourism Levy (Alberta)
  International fuel tax agreement (Alberta)

December 16, 2020

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In this version...

DT Max T1

Program certification

Version highlights

Bold type now used by the software to complete CRA forms (reminder)

Increase of the amount for meal expenses calculated using the simplified method from $17 to $23

New CCA Class 56 - Zero-emission vehicles

E-signature on form T183

Onvio Client Centre - Enabling for multiple clients

Onvio Client Centre - Enabling when printing the tax return

Client suggestions implemented in version 24.01

Comparing plans with the Production version

Archiving - Control which pages of the tax return get archived

Form RC151 added

New forms

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Quebec

Revised forms

Federal

Provincial

Quebec

In-house forms

Deleted forms

New diagnostics

Notes and diagnostics

Quebec

Error prevention reports

Federal

Quebec

New keywords

Deleted keywords

New options

Deleted options

Preliminary status advisory

DT Max references (links to our Knowledge Base)

DT Max T2

Program certification

Version highlights

Known issues fixed in T2 version 24.01

Non-deductible auto expenses: Manitoba retail sales tax rate

Changes announced in Special Notice Vol. 5 No. 58: Accelerated Job Creation Tax Cut regarding the Alberta general income tax rate and the small business deduction

DT Max T2 is incorrectly calculating line 22 and line 39 (Property income (or loss) and income from a specified investment business) on Quebec form CO-771

CO-771: Remunerated hours for the small business deduction for short taxation years that include days after March 14, 2020, and before June 30, 2020

Client suggestion for T2 implemented in version 24.01: T106 - New options added for the keyword CUR-ACCOUNT

Federal Schedule 322: Reduction of the small-business rate

AT1 Schedule 1: Reduction of the general corporate income tax rate

AT1 Return: Reduction of the general business tax rate

Federal Schedule 32 and Form T1174: Increase of pensionable earnings

Schedule 461: Decrease in the small business corporate income tax rate for Northwest Territories

New CCA Class 56 - Zero-emission automotive vehicles and equipment

RD-1029.7, RD-1029.8.6, RD-1029.8.9.03 and RD-1029.8.16.1 - Elimination of the exclusion threshold for R&D tax credits fostering collaboration with research entities

International phone numbers

New forms

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New keywords

Revised keywords

Deleted keywords

New options

Revised options

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