DT Max - What's new for T1/T2 Internet version 26.10?

What's new for T1/T2 Internet version 26.10?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2009 to 2022 inclusively and fully supports T1/TP-1 EFILE. It also features the T2 program for fiscal periods ending from 2009 to 2023 and fully supports Corporation Internet Filing (T2, CO-17 and AT1). Installing this version will update your version of DT Max to 26.10.

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

In this version...

DT Max T1

CRA's Express NOA service now available in DT Max
Quebec Tax Data Download now available in DT Max
Version highlights
Introduction of the Tax-Free First Home Savings Account (FHSA)
Exchange rate and other prescribed rates
One-Time Cost of Living Amount (Explanation of the measure)
Good to know: how to avoid scams
Underused Housing Tax
Disability tax credit
New forms
Revised forms
New diagnostics
New keywords
New options
Deleted options
Changes pertaining to the client letter
1. New variables
2. New paragraphs added to the client letter
Preliminary status advisory

DT Max T2

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

DT Max T1

CRA's Express NOA service now available in DT Max

Please note that our Express NOA service module has now been certified by the CRA and is available in version 26.10 of DT Max, starting February 20, 2023, for the delivery of the 2022 tax year notice of assessment in the software.

For more information on this feature, please consult the CRA Express NOA service and the Procedure to download using the CRA's Express NOA service documents available in our knowledge base.
Quebec Tax Data Download now available in DT Max

Please note that our Quebec Tax Data Download service module has now been certified by Revenu Québec and is available in version 26.10 of DT Max, starting February 20, 2023, for the delivery of 2022 tax year data. As of this date, the delivery of tax data will continue to be available for the 2021, 2020, and 2019 tax years. However, only the power of attorney (MR-69) will allow the preparer to be authenticated in previous years since the Download Code will only be usable in the current year.

As of the 2022 taxation year, the Tax Data Download service will remain accessible following receipt, at Revenu Québec, of the income tax return (paper or electronic).

A bank detail indicator will be available for download from the Quebec Tax Data Download service into DT Max for the 2022 and subsequent tax years.

For more information on this feature, please consult the Quebec Tax Data Download and the Procedure to download tax data from Revenu Québec documents available in our knowledge base.
Version highlights
1. Immediate expensing incentive
  
  Starting in 2022, it is now possible to benefit from temporary immediate expensing of certain acquired property that would otherwise qualify for capital cost allowance. The maximum amount is $1.5 million per tax year. Eligible property under this new measure would be capital property that is subject to the capital cost allowance (CCA) rules, other than property included in CCA classes 1 to 6, 14.1, 17, 47, 49 and 51, which are generally long-lived assets.
  
  All property acquired after December 31, 2021, in qualifying categories will be considered eligible for immediate expensing. You must use the keywords DIEP-Limit , DIEP-AIIP-Limit or DIEP-AIIPQ-Limit to limit the amount for immediate expensing.
  
  The immediate expensing incentive is only available for the year in which the property becomes available for use and is limited to the lesser of the following amounts:
  - The undepreciated capital cost (UCC) of the designated immediate expensing property (DIEP) for the eligible person or partnership (EPOP) (before claiming any CCA for the year);
  - The EPOP's "immediate expensing limit" (IEL) for the year (generally $1.5 million, subject to the rules for allocating the IEL among group members); and
  - The income (calculated before claiming any CCA for the year), if any, from the business or the property (source) in which the relevant DIEP is used.
  Therefore, the new immediate expensing incentive cannot be used to create or increase an individual's loss.
  
  If the individual is a member of a group, you must use the keyword CCA-Agreement to complete the immediate expensing limit agreement that applies to another EPOP.
  
  In order for the calculation of the depreciation table to be carried out correctly, all the columns have been subdivided into three categories:
  1. Property eligible for accelerated capital cost allowance
  2. Property eligible for Quebec accelerated capital cost allowance
  3. Property eligible for normal capital cost allowance
  When there is a disposition, since the type of property that was disposed of is not specified, you must use the keywords Part-ProcAIIP , Part-ProcAIIPQ , Part-ProcDIEP , Part-ProcDIEPaiip or Part-ProcDIEPaiipQ as the case may be so that the calculation of the depreciation is carried out correctly. The difference will be considered property eligible for normal capital cost allowance.
  
  Given the immediate expensing measure, a parallel change for passenger cars included in Class 10.1 will be introduced when the car is designated for immediate expensing. In particular, a special rule would apply to adjust the proceeds of disposition to be deducted from the undepreciated capital cost of the property on the disposition of such a car. Under this rule, the proceeds of disposition would be adjusted by a factor equal to the maximum depreciable value ($34,000 for vehicles acquired on or after January 1, 2022) in proportion to the actual cost of the car. Where the car is not designated for immediate expensing, the ordinary CCA and recovery rules for Class 10.1 property would still apply. This measure is not yet implemented in version 26.10 but will be in a later version.
  
  If the taxation year of the EPOP is less than 51 weeks, the immediate expensing limit (IEL) must be prorated based on the number of days in the taxation year [ITR 1104(3.5)(b)].
  
  The half-year rule for an acquisition of a depreciable property is suspended for properties which this measure is applied [ITR 1100(2)].
2. New Form T1B, Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year
  
  If you repaid any amount of federal COVID-19 benefits in 2022, this form allows you to deduct it on the 2020 or 2021 return or split it between the 2022 return and the return for the year in which you received the benefit. The CRA will then automatically reassess to apply the deduction so that you do not have to make a separate request to amend the previous year's returns. A new option has been added to the keyword Carry-Back to generate and complete the T1B form.
3. New Air Quality Improvement Tax Credit
  
  If you have incurred expenses related to ventilation and air quality, you may be eligible to receive the air quality improvement tax credit (AQITC). The AQITC is a refundable tax credit equal to 25% of all your ventilation-related expenses incurred from September 1, 2021, to December 31, 2022, to improve the ventilation or air quality of your place of business, up to a maximum of $10,000 per location and $50,000 in total. To claim the AQITC, complete the new Form T2039, Air Quality Improvement Tax Credit.
4. New Critical Minerals Exploration Tax Credit (CMETC)
  
  The 2022 Federal Budget included a new tax measure relevant to the mining sector, as part of the Federal government's "critical minerals" strategy. A new critical minerals exploration tax credit (CMETC) will apply to qualifying expenditures relating to exploration for "critical minerals" used in zero-emission vehicles or the production and processing of advanced materials, clean technology or semiconductors.
  
  The CMETC is a 30% tax credit on qualifying exploration expenses.
5. New Labour Mobility Deduction
  
  This measure provides eligible tradespersons and apprentices working in the construction industry with a deduction for certain travel and temporary relocation expenses. This deduction would allow eligible workers to deduct up to $4,000 of eligible expenses per year.
6. Climate Action Incentive Payment (CAIP)
  
  The federal government applies a price on pollution in jurisdictions that do not have their own pollution pricing systems which meets the federal benchmark. The Climate Action Incentive Payment (CAIP) will now be paid as a quarterly benefit. If the individual is entitled, they will automatically receive the CAIP four times a year. The provincial Schedule 14 was eliminated and the question whether the taxpayer resides outside of the census metropolitan areas (CMA) has been added in the T1 Income Tax and Benefit Return for the applicable provinces. In 2023-24, the federal fuel charge will continue to apply in Alberta, Saskatchewan, Manitoba, and Ontario.
  1. Benefits paid quarterly for three new provinces
    
    Three new provinces have been added: Prince Edward Island, Nova Scotia, and Newfoundland and Labrador. For these provinces, since they are not eligible for an April 2023 payment due to the federal fuel charge being applicable only as of July 1, 2023, the quarterly payments will start only in July 2023.
  2. Red Deer, Alberta added as CMA
    
    The city of Red Deer, Alberta, was added as census metropolitan area (CMA) for the Climate Action Incentive (CAI).
7. Expansion of DPA Classes 43.1 and 43.2
  
  Classes 43.1 and 43.2 have been expanded to include additional qualified property such as air-source heat pumps primarily used for space or water heating. This measure applies to goods (generally new) acquired after April 6, 2022, and which have not been used or acquired for use before April 7, 2022. These goods can benefit from the enhanced CCA for the first year, which allows currently to fully expense the cost of the property in the year of acquisition. The enhanced CCA will be phased out for properties that become available for use after 2023 and before 2028.
8. Last year of eligibility for business owners or professionals who have elected to exclude the value of the work-in-progress (WIP)
  
  Generally, for the first tax year that starts after March 21, 2017, you must include 20% of the lesser of the cost and the fair market value of the WIP. The inclusion rate increases to 40% in the second tax year that starts after March 21, 2017, 60% in the third year, 80% in the fourth year, and 100% in the fifth and all subsequent tax years.
9. New eligible medical expenses
  
  Certain expenses you paid for a surrogate mother or a sperm, egg or embryo donor in Canada after December 31, 2021, would be considered eligible medical expenses. The Government of Quebec has harmonized the deduction with this measure.
10. Lifetime capital gains exemption limit
  
  For dispositions in 2022 of qualified small business corporation shares, the lifetime capital gains exemption (LCGE) limit has increased to $913,630.
11. Quebec tax credit for a large cultural donation
  
  Starting in tax year 2022, the Quebec tax credit for a large cultural donation has been made permanent.
Introduction of the Tax-Free First Home Savings Account (FHSA)

As per the backgrounder document from the Department of Finance Canada:

In Budget 2022, the government proposed the introduction of the Tax-Free First Home Savings Account (FHSA). This new registered plan would give prospective first-time home buyers the ability to save $40,000 on a tax-free basis. Like a Registered Retirement Savings Plan (RRSP), contributions would be tax-deductible, and withdrawals to purchase a first home - including from investment income - would be non-taxable, like a Tax-Free Savings Account (TFSA).

Budget 2022 announced the key design features of the FHSA, including an $8,000 annual contribution limit in addition to a $40,000 lifetime contribution limit. Today, the Department of Finance is releasing for public comment draft legislative proposals that provide additional details on the design of the FHSA. This backgrounder offers a summary of these details.

The government expects that Canadians will be able to open and contribute to an FHSA at some point in 2023. No matter when this happens in 2023, Canadians would be allowed to contribute the full $8,000 annual limit in that year.
Exchange rate and other prescribed rates

Please note that the exchange rate used by default for the conversion of US dollar amounts to Canadian currency has been updated in DT Max according to the latest information available on the Bank of Canada's website.

The wording in the drop-down menu options for the keyword Exchange.t has also been updated to display the 2022 annual average exchange rates for each country, according to information published by the Bank of Canada.

In addition, the rates for meal and vehicle expenses that are used in the calculation of travel expenses have also been updated.
One-Time Cost of Living Amount (Explanation of the measure)

Revenu Québec will begin by early December 2022 the distribution of one-time amounts paid by the provincial government to help Quebecers cope with a higher inflation rate than expected. It is currently completing the final preparations aimed at disbursing the planned amounts.

As previously announced, Revenu Québec will begin paying financial assistance to more than 6.5 million taxpayers as of December.

People with a net income of $50,000 or less will receive one-time assistance of $600, while those with a net income between $50,000 and $100,000 will be entitled to a minimum amount of $400. People whose net income varies between $100,000 and $104,000 will receive a lower amount, based on their income.

This new non-taxable one-time amount will be based on income for 2021, and Revenu Québec will automatically pay it by direct deposit or by check to people who have submitted their 2021 income tax return. Citizens do not have to apply to obtain this financial assistance.

Taxpayers who have not yet filed their 2021 tax return have until June 30, 2023, to do so and take advantage of this new measure. People who received last-resort financial assistance on December 31, 2021, and who benefit from the automatic payment of the QST component of the solidarity tax credit do not have to file an income tax return to qualify for this measure.
Good to know: how to avoid scams

A legitimate CRA employee will identify themself when they contact you, providing you with their name and phone number to call them back, if needed.

If you're suspicious, you can make sure the caller is a CRA employee before providing any information over the phone.

Here's how:
1. Tell the caller you would like to first verify their identity.
2. Request and make a note of their:
  - name
  - phone number
  - office location
3. End the call. Then check that the information provided during the call was legitimate by contacting the CRA. Please do this before you give any information to the caller.
Underused Housing Tax

The Underused Housing Tax is an annual 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022. The tax usually applies to non-resident, non-Canadian owners. In some situations, however, it also applies to Canadian owners.

This is a summary of some of the most important information about the Underused Housing Tax. More information and details about the tax will be available over the coming weeks.
Disability tax credit

For 2021 and later tax years, an individual diagnosed with type 1 diabetes is deemed to have met the two times and 14 hours per week requirements for life-sustaining therapy.

For more information, see Guide RC4064, Disability-Related Information.
New forms
Federal
- T1B - Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year
- T2039 - Air Quality Improvement Tax Credit (for the 2022 tax year)
In-house forms
- Estimated Prince Edward Island Climate Action Incentive Payments for the Period from July 2023 to March 2024
- Estimated Nova Scotia Climate Action Incentive Payments for the Period from July 2023 to March 2024
- Estimated Newfoundland and Labrador Climate Action Incentive Payments for the Period from July 2023 to March 2024
Revised forms
Federal
- T183 - Information Return for Electronic Filing of an Individual's Income Tax and Benefit Return
  
  A new field for Representative ID (RepID) was added.
  
  The first 5 digits of the SIN and the first 4 characters of the RepID should be masked. The masking of the RepID is required on the T183 form when it is downloaded for clients to sign either on paper or electronically. Enter the new keyword RepID.rep to enter the representative (individual) identification number for authorization purposes.
- T777 - Statement of Employment Expenses
  
  New line 1771 added for labour mobility deduction.
- T1229 - Statement of Resource Expenses and Depletion Allowance
  
  New Critical mineral exploration tax credit (CMETC) was added in Part 1, Summary of T101 and T5013 slips (Renounced Canadian Exploration and Development Expenses) and in Part IV, Expenditures qualifying for an investment tax credit.
- T2038(IND) - Investment Tax Credit (Individuals)
  
  New line 67175 was added for the new Critical mineral exploration tax credit (CMETC). Certain renounced Canadian exploration expenses qualify for this ITC. The CMETC a 30% tax credit made available to certain investors who subscribe for flow-through shares in mining companies that undertake exploration for critical minerals in Canada. The amount of the renunciation is shown in new box 122 of the T101 slip, Statement of Resource Expenses, and in box 239 of the T5013 slip, Statement of Partnership Income.
  
  For Canadian exploration expenses renounced by a corporation to a person (or a partnership of which the person is a member) and reported on the appropriate line of Part IV of Form T1229, Statement of Resource Expenses and Depletion Allowance, the determined percentage is 30%.
- GST370 - Employee and Partner GST/HST Rebate Application
  - The 14% HST rate has been removed.
  - The 9% HST rate for Chart 3 - Rebate for property and services brought into a participating province has been removed.
- T1231 - British Columbia Mining Flow-Through Share Tax Credit
  
  Line 1: Added new box 151 of the T101 slip.
- T1241 - Manitoba Mineral Exploration Tax Credit
  
  Line 2: Added new box 154 of the T101 slip.
- SK428 - Saskatchewan Tax
  
  Line 79: Added new box 153 of the T101 slip.
- T2205 - Amounts from a Spousal or Common-law Partner RRSP, RRIF or SPP to Include in Income
  
  For Line 1, the amounts from Box 18 the T4A slip are added (instead of Box 16) regarding the amount received from spousal or common-law partner RRSPs or SPP.
Quebec
- Schedule E - Tax Adjustments and Credits
  
  Changes have been made to the form in Part C to allow forest producers to claim a property tax refund even if the value of the development work for the year is less than the amount of the property taxes. In addition, the refund is calculated on all assessment units rather than on one unit at a time.
- TP-1026 - Calculation of Instalment Payments to Be Made by Individuals - 2023
  
  Removal of line 18.1 pertaining to the tax credit for seniors' activities, due to the expiration of this credit in 2023.
- TP-1029.TM - Grant for Seniors to Offset a Municipal Tax Increase
  
  The eligible family income for 2022 must be $58,200 or less.
- TP-1029.SA - Senior Assistance Tax Credit - 2022
  
  The maximum tax credit increased from $822 to $4,000 if a taxpayer is 70 years old or older and has an eligible spouse who is 70 years old or older, and the maximum tax credit increased from $411 to $2,000 if a taxpayer is 70 years old or older, or has an eligible spouse who is 70 years old or older.
In-house forms
- Assembly instructions
  
  Checkbox reminder for the taxpayer to sign federal Form NR5, Application by a Non-Resident of Canada for a Reduction in the Amount of Non-Resident Tax Required to be Withheld for Tax Year 2022, now included as of tax year 2022.
- Client letter
  
  Reminder for the taxpayer to sign federal Form NR5, Application by a Non-Resident of Canada for a Reduction in the Amount of Non-Resident Tax Required to be Withheld for Tax Year 2022, now included as of tax year 2022.
- Estimation of the calculation of Quebec instalment payments for 2023 (government method)
  
  Removal of line 18.1 pertaining to the tax credit for seniors' activities, due to the expiration of this credit in 2023.
- Medical expenses checklist for 2022
  
  Medical expenses for the services of a midwife are approved for Yukon and expenses for the services of an acupuncturist are approved for Nova Scotia.
New diagnostics
1. Notes and diagnostics
  Federal
  1. Immediate expensing
    
    Property was acquired after December 31, 2021, and was considered eligible as designated immediate expensing property (DIEP).
    
    Those businesses have an immediate expensing amount for DIEPs:
    
    (List the name of the business or businesses and the total immediate expensing amount)
    
    You can modify the amount claimed as immediate expensing with those keywords DIEP-Limit , DIEP-AIIP-Limit or DIEP-AIIPQ-Limit , as applicable.
    
    Please use the keyword CCA-Agreement if you need to complete the immediate expensing limit agreement.
  Quebec
  1. Immediate expensing
    
    Property was acquired after December 31, 2021, and was considered eligible as designated immediate expensing property (DIEP).
    
    Those businesses have an immediate expensing amount for DIEPs:
    
    (List the name of the business or businesses and the total immediate expensing amount)
    
    You can modify the amount claimed as immediate expensing with those keywords DIEP-Limit , DIEP-AIIP-Limit or DIEP-AIIPQ-Limit , as applicable.
    
    Please use the keyword CCA-Agreement if you need to complete the immediate expensing limit agreement.
2. Error prevention report
  Federal
  1. 44800 CPP or QPP overpayment
    
    The line 44800 (CPP or QPP overpayment) of the Federal tax return is greater than $750.
    
    Verify the information slips and all related entries.
  2. 45000 Employment insurance
    
    The line 45000 (Employment insurance (EI) overpayment) of the Federal tax return is greater than $750.
    
    Verify the information slips and all related entries.
  3. Climate Action Incentive - Newfoundland and Labrador
    
    Resided outside of a census metropolitan area (CMA)
    
    According to the list defined by Statistics Canada in the last census they published before 2022, the city entered in the mailing address appears to be outside of a metropolitan area.
    
    The taxpayer may be eligible for the 10% supplement for residents of small and rural communities.
    
    Please verify your selection with the keyword MetropolitanArea .
    
    To determine if the place of residence is outside a CMA, go to canada.ca/census-metropolitan-areas.
  4. Climate Action Incentive - Newfoundland and Labrador
    
    Resided in a census metropolitan area (CMA)
    
    According to the list defined by Statistics Canada in the last census they published before 2022, the city entered in the mailing address appears to be in a metropolitan area.
    
    You specified that the taxpayer was eligible for the 10% supplement for residents of small and rural communities. However, to be eligible for the supplement, the taxpayer must reside outside a CMA.
    
    Please verify your selection with the keyword MetropolitanArea .
    
    To determine if the place of residence is in a CMA, go to canada.ca/census-metropolitan-areas.
  5. Climate Action Incentive - Nova Scotia
    
    Resided outside of a census metropolitan area (CMA)
    
    According to the list defined by Statistics Canada in the last census they published before 2022, the city entered in the mailing address appears to be outside of a metropolitan area.
    
    The taxpayer may be eligible for the 10% supplement for residents of small and rural communities.
    
    Please verify your selection with the keyword MetropolitanArea .
    
    To determine if the place of residence is outside a CMA, go to canada.ca/census-metropolitan-areas.
  6. Climate Action Incentive - Nova Scotia
    
    Resided in a census metropolitan area (CMA)
    
    According to the list defined by Statistics Canada in the last census they published before 2022, the city entered in the mailing address appears to be in a metropolitan area.
    
    You specified that the taxpayer was eligible for the 10% supplement for residents of small and rural communities. However, to be eligible for the supplement, the taxpayer must reside outside a CMA.
    
    Please verify your selection with the keyword MetropolitanArea .
    
    To determine if the place of residence is in a CMA, go to canada.ca/census-metropolitan-areas.
3. EFILE ineligibility
  1. An election is made under section 217.
    
    This diagnostic must be generated when the taxpayer is an immigrant and line 35 of the Form Electing under section 217 of the Income Tax Act by an emigrant or an immigrant is higher or equal to 1.
New keywords
1. In the T4 group:
  1. Exemption-Rate : RL-1 Box A-14 - Exemption rate [Que. L.297].
2. In the T-Slip group, when the option "T4A" is selected:
  1. Exemption-Rate.t : RL-1 Box A-14 - Exemption rate [Que. L.297].
3. In the T-Slip group, when the option "T101" is selected:
  1. Critical-METC : T5013 Box 239 - Critical mineral exploration tax credit (CMETC) [T1229].
4. In the T-Slip group, when the option "T5013" is selected:
  1. VentilationSys : T5013 Box 238 - Ventilation system installation tax credit [Fed. L.47556].
  2. Critical-METC : T5013 Box 239 - Critical mineral exploration tax credit (CMETC) [T1229].
  3. IntFree-CMETC : T5013 Box 240 - Portion subject to an interest-free period - CMETC [T1229].
5. In the Business group, pertaining to the immediate expensing:
  1. DIEP-Limit : Limit the amount eligible for immediate expensing of capital additions (other than AIIP).
  2. DIEP-AIIP-Limit : Limit the amount eligible for immediate expensing of capital additions of AIIP.
  3. DIEP-AIIPQ-Limit : Limit the amount eligible for immediate expensing of capital additions of AIIPQ.
  4. Part-ProcAIIP : Use the keyword Part-ProcAIIP to enter the portion of the proceeds of disposition that is an AIIP only and that is included in the proceeds of disposition in the keyword Proceeds.cca . DT Max requires the details of the proceeds of disposition when the class is made up of different types of property.
  5. Part-ProcAIIPQ : Use the keyword Part-ProcAIIPQ to enter the portion of the proceeds of disposition that is an AIIPQ only and that is included in the proceeds of disposition in the keyword Proceeds.cca . DT Max requires the details of the proceeds of disposition when the class is made up of different types of property.
  6. Part-ProcDIEP : Use the keyword Part-ProcDIEP to enter the portion of the proceeds of disposition that is a DIEP only and that is included in the proceeds of disposition in the keyword Proceeds.cca . DT Max requires the details of the proceeds of disposition when the class is made up of different types of property.
  7. Part-ProcDIEPaiip : Use the keyword Part-ProcDIEPaiip to enter the portion of the proceeds of disposition that is both a DIEP and an AIIP and that is included in the proceeds of disposition in the keyword Proceeds.cca . DT Max requires the details of the proceeds of disposition when the class is made up of different types of property.
  8. Part-ProcDIEPaiipQ : Use the keyword Part-ProcDIEPaiipQ to enter the portion of the proceeds of disposition that is both a DIEP and an AIIPQ and that is included in the proceeds of disposition in the keyword Proceeds.cca . DT Max requires the details of the proceeds of disposition when the class is made up of different types of property.
6. In the Business group, pertaining to federal Forms T1163 and T1273:
  1. Cell-Phone : Cell phone number.
7. In the Business group, in order to generate the new Form T2039, Air Quality Improvement Tax Credit:
  1. AIRQUALITY-EXP : Use the keyword AIRQUALITY-EXP to enter the qualifying location and the qualifying expenditures made or incurred per location in the 2022 taxation year. A qualifying expenditure is an outlay or expense prescribed by regulation that is made or incurred by an eligible entity during the qualifying period in the course of the eligible entity's ordinary commercial activities. The qualifying period starts September 1, 2021, and ends on December 31, 2022.
  2. AIR-ADDRESS.AQ : Address of the qualifying location (T2039, col. 1).
  3. AIR-ASSISTANCE.AQ : Amounts of assistance received or are entitled to receive (T2039, col. 3).
  4. AIR-CLAIMEDBYOTHER : Amount of net qualifying expenditures claimed by other affiliated entities (T2039, col. 5).
  5. AIR-AGREEMENT : To allocate the $50,000 limit if you are affiliated.
  6. AIR-CREDIT-OV : Override the air quality improvement tax credit for this qualifying location.
8. In the new group CCA-Agreement , pertaining to an agreement on the immediate expensing limit with an eligible person or partnership (EPOP):
  1. EPOP-Type : Select the type of EPOP.
  2. Name-EPOP : Name of eligible person or partnership (EPOP).
  3. SIN.epop : Social insurance number of individual (EPOP).
  4. Bus-Num-Fed.epop : Federal business number (EPOP).
  5. PIN-ID.epop : Federal partnership account number (EPOP).
  6. Ident-Num.epop : Quebec identification number (EPOP).
  7. QC-PIN-ID.epop : Quebec partnership identification number (EPOP).
  8. Assigned% : Percentage of immediate expensing limit assigned to each associated eligible person or partnership (EPOP).
  9. YearEnd.epop : Taxation year of fiscal year end date.
  10. Street.epop : Street of the eligible person or partnership (EPOP).
  11. City.epop : City of the eligible person or partnership (EPOP).
  12. Province.epop : Province of the eligible person or partnership (EPOP).
  13. PostCode.epop : Postal code of the eligible person or partnership (EPOP).
  14. Sign-date.epop : Signing date and title or position of signing officer.
  15. Immed-Exp-LimOV : Immediate expensing limited allocated in current tax year /ov
9. In the Clearance group, pertaining to the TX19 and MR-14.A clearance certificate:
  1. LegalRep-Email : Do you want the CRA to communicate electronically with the legal representative?
  2. Rep-RegionalCode. : Select the regional code (based on the province of legal representative).
  3. Rep-EmailAddress. : Legal representative's email address.
10. In the Employment-Exp group, pertaining to federal Form T777, Statement of Employment Expenses, regarding tradespeople:
  1. Temp-Relocation : Eligible temporary relocation.
    
    The labour mobility deduction provides eligible tradespeople and apprentices working in the construction industry with a deduction for certain temporary relocation expenses.
  2. RelocationDesc : Enter a description of the relocation.
  3. MobilityDeduction : Select and enter the eligible temporary relocation expenses for each eligible temporary relocation.
  4. EmplInc-TempReloc : Employment income earned as an eligible tradesperson in the year at the temporary work location in Canada.
  5. MobilityDed-CF : Eligible temporary relocation expenses carried forward from the previous years.
  6. Travelling-KM : Number of kilometres
  7. Number-Meals : Number of meals
11. In the Legal-Represent group, pertaining to the guardian or legal representative to whom the taxpayer gave power of attorney:
  1. Rep-RegionalCode : Select the regional code (based on the province of legal representative).
  2. Rep-EmailAddress : Legal representative's email address.
12. In the Infirmity group:
  1. Disable-StartYear : Use this keyword to indicate the year on which the impairment began and start of eligibility for the disability amount. This entry is optional.
  2. Disable-EndYear : Use this keyword to indicate the last year of eligibility for the disability amount. If the credit is permanent, you do not have to indicate the last year. This entry is optional.
13. For British Columbia residents:
  1. TSAWWASSEN-MEMBER : Is the taxpayer a member of the Tsawwassen First Nation?
14. In the AFR-Indicator group:
  1. AFR-OnlineService : Client is registered for CRA Online service
15. For the federal Auto-fill my return service:
  1. AFR-ABIL : Enter the taxation year of the allowable business investment loss (ABIL).
  2. AFR-Amount.abil : Enter the business investment loss deducted.
16. Pertaining to the Quebec Tax Data Download service:
  1. TDD-Banking-Info : TDD - Bank details indicator (Yes/No)
17. In the RRSP group, pertaining to the taxpayer's plan:
  1. PRPP-EmployerContr : Use this keyword to enter the employer's PRPP contributions that are shown on PRPP contribution receipts. Employer contributions to the PRPP are not deductible in calculating the employee's income since they did not generate a taxable benefit and do not create a pension adjustment. However, the PRPP contributions made by the employer for a year will be subtracted from the unused eligible amount for RRSPs for the same year.
  2. VRSP-EmployerContr : Use this keyword to enter the employer's VRSP contributions that are shown on VRSP contribution receipts. Employer contributions to the VRSP are not deductible in calculating the employee's income since they did not generate a taxable benefit and do not create a pension adjustment. However, the VRSP contributions made by the employer for a year will be subtracted from the unused eligible amount for RRSPs for the same year.
18. In the Arts-Amount group for Nova Scotia:
  1. Assist-Received : Amount of assistance received or receivable included in the amount paid.
19. In the STAYCATION group, for Ontario residents who wish to claim the new staycation tax credit on Form ON479:
  1. STAYCATION : Use this keyword to select the description and enter the amount paid (including all applicable taxes) of qualifying leisure accommodation expenses in Ontario in 2022 for ON479 form. Ontario residents can claim a credit for their qualifying 2022 accommodation expenses of up to $1,000 as an individual or of up to $2,000 as a family.
  2. DATESTAY-FROM : Beginning date of the stay.
  3. DATESTAY-TO : End of stay date.
  4. FACILITY-NAME : Name and address of the facility.
  5. FACILITY-HST : HST number of the facility.
  6. REIMBURSRECEIVED : Reimbursement, allowance, or any other form of assistance received.
20. In the Residence group, for Manitoba residents who are homeowners:
  1. Days.or : Number of days of residence during the tax year.
21. For the new federal Form T1B, Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year:
  1. Amount.cov : Federal COVID-19 benefits repayment to be deducted and the year to which it applies.
  2. AlreadyDeduct.cov : Federal COVID-19 benefits repayment made in 2022 that was already deducted and the year to which it applies.
New options
1. For the keyword Footnotes.t4 pertaining to the T4 slip:
  
  Ded. on lines 105, 205 and 207 for income in Box A
2. For the keyword Footnotes.t pertaining to the T4A slip:
  
  Ded. on lines 105, 205 and 207 for income in Box A
3. For the keyword Lump-Sum-Pmt , when "T4A" is selected in the T-Slip group, in order to complete Form T2205:
  
  Specified pension plan (SPP) - (spousal contribution)
4. For the keyword InterestFree , when "T101" is selected in the T-Slip group:
  
  Portion subject to an interest-free period - FEC [130]
  Portion subject to an interest-free period - METC [129]
  Portion subject to an interest-free period - CMETC [123]
5. For the keyword Prov-Res-Exp.t , when "T101" is selected in the T-Slip group:
  
  CMETC British Columbia [Box 151]
  CMETC Saskatchewan [Box 153]
  CMETC Manitoba [Box 154]
6. For the keyword ITC-Invest , when "T5013" is selected in the T-Slip group:
  
  [67175] 30% ITC Flow-through critical mining expenditures
7. In the ITC group:
  
  [67175] 30% ITC Flow-through critical mining expenditures
8. In the Carry-Back group:
  
  T1B - Federal COVID-19 benefits repayment
9. For the keyword First-Nation pertaining to British Columbia residents:
  
  Residing on Tsawwassen Lands
10. In the Optimize group:
  
  ON479 - Ontario staycation tax credit
  MB479 - Residential renters tax credit
11. In the Employment-Exp group:
  
  T777 - Tradespeople (TP-75.2) - Simplified method
12. For the keyword Return-Type.s in the StatusChange group, pertaining to the type of return for the year of death:
  
  T2043 - Total gross eligible farming expenses (L. 67061)
13. For the keywords GST-Exp-A-OV.b , HST-Exp-B-OV.b and HST-Exp-C-OV.b pertaining to Form GST370:
  
  Labour mobility deduction (for employees)
14. For the keyword MetropolitanArea :
  
  CMA: St. John's (for Newfoundland and Labrador)
  CMA: Halifax (for Nova Scotia)
  CMA: Red Deer (for Alberta)
15. The following NAICS codes have been added:
  
  444230 Outdoor power equipment retailers
  444240 Nursery retailers and garden centres
  519211 Libraries
  519212 Archives
  519290 Web search portals and all other information services
Deleted options
1. From the keyword Inventory.bu in the Business group:
  
  Work in progress (WIP) - end of year
2. The following NAICS codes have been eliminated:
  
  315190 Other clothing knitting mills
  441310 Automotive parts and accessories stores
  441320 Tire Dealers
Changes pertaining to the client letter
1. New variables
  
  Federal
  
  %454 NR5 - Reduction in the amount to be withheld [0=No, 1=Yes]
  %455 T2039 - Air quality improvement tax credit [$]
  
  Provincial
  
  %427 Provincial CAI reside outside CMA [1=Yes, 0=No]
  %456 Estimation of PE climate action incentive [$]
  %457 Estimation of NS climate action incentive [$]
  %458 Estimation of NL climate action incentive [$]
  %459 Estimation of ON climate action incentive [$]
  %460 Estimation of MB climate action incentive [$]
  %461 Estimation of SK climate action incentive [$]
  %462 Estimation of AB climate action incentive [$]
  
  Quebec
  
  %453 Quebec - Request for direct deposit (LM-3) [1=Yes, 0=No]
2. New paragraphs added to the client letter
  1. T2039
    
    We have determined that you are eligible for the Air quality improvement tax credit and have completed the corresponding Form T2039. You are entitled to a credit of $XXX.
  2. PRINCE EDWARD ISLAND CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Prince Edward Island climate action incentive.
    
    You should receive $XXX for the period of July (year) to March (year+1) as indicated on the attached schedule.
  3. NOVA SCOTIA CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Nova Scotia climate action incentive.
    
    You should receive $XXX for the period of July (year) to March (year+1) as indicated on the attached schedule.
  4. NEWFOUNDLAND AND LABRADOR ISLAND CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Newfoundland and Labrador climate action incentive.
    
    You should receive $XXX for the period of July (year) to March (year+1) as indicated on the attached schedule.
  5. ONTARIO CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Ontario climate action incentive.
    
    You should receive $XXX for the period of April (year) to March (year+1) as indicated on the attached schedule.
  6. MANITOBA CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Manitoba climate action incentive.
    
    You should receive $XXX for the period of April (year) to March (year+1) as indicated on the attached schedule.
  7. SASKATCHEWAN CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Saskatchewan climate action incentive.
    
    You should receive $XXX for the period of April (year) to March (year+1) as indicated on the attached schedule.
  8. ALBERTA CLIMATE ACTION INCENTIVE
    
    We have determined that you are eligible for the Alberta climate action incentive.
    
    You should receive $XXX for the period of April (year) to March (year+1) as indicated on the attached schedule.
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 the next version of the T1 program. Here is the list of the key forms bearing this mark:
Federal
- T2039 - Air quality improvement tax credit

DT Max T2

Program certification

Quebec

Version 26.10 has 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-2206.
Revised forms
Federal
- Schedule 500 - Ontario Corporation Tax Calculation
  
  In Part 2, Ontario small business deduction, and Part 4, Credit union tax reduction, lines referring to the number of days in the tax year have been removed.
- T2WS1 - Worksheet 1 - Calculating your estimated tax payable and tax credits for 2023
- T217 - Election, or Revocation of an Election, to use the Mark-to-Market Method
  
  In Part 1, Identification, all line numbers pertaining to the mailing address have been deleted. Two new lines have been added in Part 1. Line 24 can now be used to enter the name of the firm and line 23 can be used to enter the telephone extension number of the contact person. Use the keywords Firm-Name.m and Extension.m within the Election.gr keyword group if you wish to enter information for these two lines.
Quebec
- CO-17 - Corporation Income Tax Return
  
  On page 1 of the CO-17 return, Part 2, Information about the corporation, now requires an entry of the NAICS code at line 32. The keyword NAICS.act within the Activity group is now a mandatory entry with this DT Max T2 version.
- CO-17.SP - Information and Income Tax Return for Non-Profit Corporations
  
  On page 1 of the CO-17.SP return, Part 2, Information about the corporation, now requires an entry of the NAICS code at line 32. This is the same requirement found on the CO-17 return. Once again, the keyword NAICS.act within the Activity group is now a mandatory entry with this DT Max T2 version.
- CO-17S.232 - Summary of Dispositions of Capital Property (2011 and later tax years)
  
  The calculation for the lines Taxable capital gains under section 34.2 of the Act… and Allowable capital losses under section 34.2 of the Act… regarding the income inclusion summary for corporations that are members of partnerships have been revised due to the multiple changes on Quebec Form CO-17.B.
- COR-17.U - Barcode Summary (Note: This form is currently available in French only.)
  
  This form has been updated, and as a result, the line that indicates that Form MR-69 was being generated has been deleted.
- COR-17.W - Keying Summary for Corporation Returns (Note: This form is currently available in French only.)
  
  On page 1 of the form, the line that ticks the presence of the MR-69 has been deleted.
  
  On page 2, CO-17.A.1 section, lines 28, 57, 110, 127 and 128 have been deleted due to the deletion of these lines on Quebec Form CO-17.A.1. New line 54a has been added due to the addition of this line on Quebec Form CO-17.A.1.
  
  On page 5, CO-771 section, lines 05a, 180, 181, 182, 183, 184, 185 and 186 have all been deleted due to the deletion of these lines on Quebec Form CO-771.
- CO-17.A.1 - Net Income for Income Tax Purposes
  
  In Part 2.1, Amount to be added, line 28, Eligible capital expenditures according to the financial statements, and line 57, Reserve from the previous year, related to a partnership's qualifying transitional income (amount from line 128 of the copy of Form CO-17.A.1 filed for a previous year), have been removed. Line 54a, Amounts related to the adjusted stub period accrual or to a new member of a partnership (Form CO-17.B), has been added.
  
  In Part 2.2, Amount to be deducted, line 110, Deduction with respect to incorporeal capital property (Form CO-130.B), has been removed. Line 127, Additional deduction for trucks and tractors designed for hauling freight, has been removed. This deduction is no longer in effect. Line 128, Reserve for the year, related to a partnership's qualifying transitional income (Form CO-17.B), has also been removed.
- CO-17.B - Income Adjustment for Corporations that are Members of Partnerships (Note: This form is currently available in French only.)
  This form has undergone multiple changes.
  
  Anything regarding the qualifying transitional income (QTI) has been removed since it is now outdated information.
  
  Column C has been removed from Part 2, Information about the partnership(s).
  
  Part 5, QTI reserve, was deleted.
  
  Form CO-17.B has been completely redesigned to consider the calculation of the different types of income and remove the calculation of the partnership's income or loss for income tax purposes (line 54 of Form CO-17.A.1).
  
  In this form, you will find the calculation of the amounts related to the adjusted stub period accrual or to a new member of a partnership (including the income shortfall adjustment and additional amount) which will be carried over to line 54a of Form CO-17.A.1. You will also find the calculation of the taxable capital gain which will be included in Form CO-17S.232.
  
  In the new Parts 3 to 5 are calculated the different types of income that will make up the amount of line 54a on Form CO-17.A.1, namely the following amounts:
  - Active business income;
  - Property income;
  - Other income.
  In Part 6 are calculated the income shortfall adjustment and the additional amount. This was the former Part 7.
  
  In Part 7, the amounts from the different types of income from Parts 3 to 5 are added together with the adjustment amount from Part 6. The total amount on line 45 is carried over to new line 54a of Form CO-17.A.1.
  
  Part 8 calculates the taxable capital gain that is to be used on Form CO-17S.232.
- CO-17.B.1 - Income Inclusion for Corporations that are Members of Single-Tier Partnerships (Note: This form is currently available in French only.)
  
  This form has undergone multiple changes.
  
  This form, which was used to determine the amount to be included in a corporation's income, for a particular taxation year, in respect of a single-tier partnership of which it is a member and whose fiscal year does not coincide with the corporation's taxation year, must be used from now on for any corporation that must determine the amount to be included in its income, for a taxation year, in respect of a single-tier or a multi-tier partnership of which the corporation is a member and whose fiscal year does not coincide with the corporation's taxation year. Form CO-17.B.2 has been deleted.
  
  Anything regarding the qualifying transitional income (QTI) has been removed since it is now outdated information.
  
  In Part 2, Information about the partnership, box 08 and the text below have been deleted. Boxes 11 and 12 have been deleted as well.
  
  Former Part 3, Eligible alignment income, has been deleted.
  
  Current Part 3, Adjusted stub period accrual (ASPA), has been redesigned, because we must be able to apportion the year's ASPA according to the different types of income. Lines have been added between lines 42 and 43 so that it is possible to obtain the subtotal of net income (income - loss) from each type of income. After line 54, the apportionment by type of income has been added.
  
  Part 4, Amount to be included in the income of a corporation that is a new member of a partnership, has also been redesigned, because we must be able to apportion this amount according to the different types of income. Lines have been added between lines 61 and 62 so that it is possible to obtain the subtotal of net income (income - loss) from each type of income. After line 66, the apportionment by type of income has been added.
  
  Former Part 6, Qualifying transitional income (QTI), has been removed.
  
  Former Part 7, Adjusted QTI, has also been removed.
  
  Finally, former Part 8, Transitional reserve, has been removed.
  
  Due to the multiple changes, it is strongly recommended to verify the data entry and adjust accordingly since new keywords were introduced for Quebec purposes and many keywords were deleted. Also, it is strongly advised to verify the carryforwards relating to the Partner-Inc-Inclus keyword group.
- 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
  
  This form has been updated by Revenu Québec and is now part of the authorization process.
  
  Several keyword changes were needed. The keyword Other-Line-No is now an alphanumeric entry only where you can enter the line number in the return that needs the adjustment. A new keyword Name-Line has been added within the Other-Line-No subgroup, where you can enter the name of the line on the return. DT Max will convert the information from the old Other-Line-No which contained an alphanumeric entry and integer to both the Other-Line-No and the Name-Line keywords. As always, it is recommended to verify the data entry to ensure that the information is correct.
  
  In addition, a new subgroup keyword Adj-Details has been added within the T2-Adjust group. This will let you indicate if you wish to enter brief details or extended details regarding the reasons for the adjustment. As such, the new keyword Details.q can be used if you wish to enter brief details. If extended details are preferred, you can continue to use the keyword Details . A new in-house supplemental page has also been added to accommodate the extended reasons for the adjustment. Although DT Max will convert the existing details entered with a prior version within the keyword Details , it is strongly suggested that you verify the data entry and adjust accordingly.
- CO-130.A - Capital Cost Allowance
- CO-156.EN - Agreement Concerning Regional Ceilings Respecting the Additional Deduction for Transportation Costs of Small and Medium-Sized Manufacturing Businesses
  
  This form has been revised by Revenu Québec and consists now of two pages.
- CO-156.TR - Additional Deduction for Transportation Costs of Small and Medium-Sized Manufacturing Businesses
  
  This form has been updated by Revenu Québec following the publication of the Information Bulletin 2022-4 (BI-2022-4) on June 9, 2022.
  
  The condition for the paid-up capital used according to the tax year has been modified. For a taxation year that begins on or after April 7, 2022, the maximum amount of paid-up capital is increased to $50 million. Previously, the maximum amount was $15 million.
  
  Moreover, the additional deduction will be reduced linearly when the corporation's paid-up capital for the year is between $10 million and $50 million and will fall to zero when the corporation's paid-up capital is $50 million or more.
  
  On page 2, Part 3.3, The area in respect of which the additional deduction is being claimed, has been revised. Boxes 32 (Special remote area), 33 (Remote area) and 34 (Intermediate area) for a taxation year beginning before January 1^st, 2015, have been deleted because they no longer applied.
  
  On page 3, lines 47, 48, 49 and 50 have been deleted in Part 4, Additional deduction rate, because the calculation no longer applied.
- CO-156.TZ - Additional Deduction for Transportation Costs of Small and Medium-Sized Businesses Located in a Special Remote Area
  
  This form has been updated following the publication of the Information Bulletin 2022-4 (BI-2022-4) on June 9, 2022. This publication pertained to the harmonization with tax changes announced by the Government of Canada and the adjustments to certain tax measures. These measures will apply for a tax year that begins after April 6, 2022.
  
  The condition for the paid-up capital used according to the tax year has been modified. For a taxation year that begins on or after April 7, 2022, the maximum amount of paid-up capital is increased to $50 million. Previously, the maximum amount was $15 million.
  
  Moreover, the additional deduction will be reduced linearly when the corporation's paid-up capital for the year is between $10 million and $50 million and will fall to zero when the corporation's paid-up capital is $50 million or more.
- CO-726.PF - Income-Averaging Deduction for Forest Producers
  
  Form has been updated.
  
  For line 9, Corporation's paid-up capital calculated on a consolidated basis (amount on line 426a of Form CO-17), if the amount entered is more than $15 million for a taxation year that begins before April 7, 2022, or more than $50 million for a taxation year that begins after April 6, 2022, the corporation is not entitled to the deduction.
- CO-737.18.CI - Deduction for the Commercialization of Innovations in Québec
  
  Part 2, Information about the qualified intellectual property asset, is all new.
  
  Lines 6, 6a and 6b let you indicate the type of qualified intellectual property asset.
  
  Line 7 is used to enter the patent number, the protected plant variety's registration number or the copyright registration number, depending on the type of qualified intellectual property asset applicable.
  
  Line 8 allows you to describe the qualified intellectual property asset.
  
  Use the QualifiedProp subgroup in Innovative-Corp group to enter information for these new lines.
- CO-771 - Calculation of the Income Tax of a Corporation
  
  This form has been updated.
  
  In Part 1, box 05a pertaining to a corporation's taxation year beginning before January 1, 2017, has been deleted.
  
  In Part 8, if the corporation's taxation year begins before April 7, 2022, the maximum limit of paid-up capital used in the calculation of the SBD is $15 million. If the corporation's taxation year begins on or after April 7, 2022, the maximum limit of paid-up capital used in the calculation of the SBD is $50 million.
  
  In Part 9.2, the reference to the corporation's taxation year beginning before January 1, 2017, has been removed.
  
  In Part 11, Part 11.1 referring to the corporation's taxation year beginning before January 1, 2017, has been deleted.
- CO-771.1.3 - Associated Corporations' Agreement Respecting the Allocation of the Business Limit
- CO-771.1.3.AJ - Adjusted Business Limit
  
  This form has been updated and now consists of one page instead of two.
  
  All the lines that were used to calculate the adjusted aggregate investment income have been deleted.
  
  In Part 2, Business limit reduction, line 28 has been revised to refer to the amount on line 417 of the federal corporation income tax return (Form 200).
- CO-771.2.1.2 - Income of a Corporation That Is a Member or Designated Member of a Partnership From an Eligible Business Carried On in Canada by the Corporation
  
  Revenu Québec has advised us that a revised CO-771.2.1.2 will be available in the spring of 2023.
  
  In the meantime, calculation changes were made to the existing Form CO-771.2.1.2 due to the multiple changes on Quebec Form CO-17.B.
- CO-1029.8.33.6 - Tax Credit for an On-the-Job Training Period
  
  This form has been updated to reflect whether a trainee's training period includes May 1, 2022. Complete Parts 1 through 6 on a copy of the form for expenditures incurred for the period before May 1, 2022, and Parts 1 through 6 on another copy of the form for expenditures incurred after April 30, 2022. Part 7 for the same trainee needs to be completed only once.
  
  In addition, the data pertaining to dates prior to March 27, 2018, were removed.
  
  In Part 2, new lines 18f and 18g were added to reflect the number of weeks in the training period for which the expenditures were incurred before May 1, 2022, or after April 30, 2022.
- CO-1029.8.33.CS - Tax Credit for the Retention of Persons With a Severely Limited Capacity for Employment
- CO-1029.8.33.TE - Tax Credit to Foster the Retention of Experienced Workers
  
  This form has been updated by Revenu Québec. The 2023 total payroll threshold has been updated for line 11 of the form.
- CO-1029.8.36.TM - Tax Credit for Multimedia Titles
- CO-1029.8.36.XM - Tax Credit for the Production of Multimedia Events or Environments Presented Outside Québec
Deleted forms
Quebec
- CO-17.B.2 - Amount to be Included in the Income of a Corporation that is a Member of a Multi-Tier Partnership
New keywords
1. In the Other-Line-No keyword subgroup within the T2-Adjust group, pertaining to Quebec Form CO-17.R:
  1. Name-Line : Name of the line on the return regarding the adjustment
    
    Enter the name of the line on the return regarding the adjustment on form CO-17.R.
2. In the T2-Adjust group, pertaining to Quebec Form CO-17.R:
  1. Adj-Details : Whether you wish to enter brief or extended details regarding the adjustment
    
    Use the keyword Adj-Details to indicate whether you wish to enter brief or extended details regarding the adjustment.
3. In the Adj-Details keyword subgroup within the T2-Adjust group, pertaining to Quebec Form CO-17.R:
  1. Details.q : Details regarding the adjustment (maximum of 3 lines)
    
    Enter the details, if any, regarding the adjustment.
    
    Use this keyword if you wish to enter brief details only. A maximum of 3 lines is permitted here.
4. In the Election.gr group, pertaining to federal Form T217:
  1. Firm-Name.m : Name of the firm
    
    Use the keyword Firm-Name.m to enter the name of the firm for purposes of federal Form T217.
  2. Extension.m : Telephone extension number of contact person
    
    Use the keyword Extension.m to enter the telephone extension number of the contact person for purposes of federal Form T217.
5. In the QualifiedProp subgroup within the Innovative-Corp group, pertaining to Quebec Form CO-737.18.CI:
  1. Type.q : Type of qualified intellectual property asset
    
    Use the keyword Type.q to indicate the type of qualified intellectual property asset for which the corporation is claiming the deduction for the commercialization of innovations in Quebec.
  2. Number.q : Identification number of the patent/registration number of the plant variety or copyright
    
    If the type of qualified intellectual property asset is a protected invention, enter the identification number of the patent, if applicable. If the type of qualified intellectual property asset is a protected plant variety of the corporation, enter the registration number. If the type of qualified intellectual property asset is a protected software of the corporation, enter the registration number of the copyright, if applicable.
6. In the TrainingCrQ group, pertaining to Quebec Form CO-1029.8.33.6:
  1. Trainee-Weeks-OV : Override the number of weeks for the training period
    
    Use the keyword Trainee-Weeks-OV to override the number of weeks for the training period that pertains to the trainee. This amount will appear on line 18e of CO-1029.8.33.6.
7. In the Partner-Inc-Inclus group, pertaining to Quebec Form CO-17.B.1:
  1. QCPartnerShare-Inc : Corporation's share of new partnership's income (CO-17.B.1)
    
    Use the keyword QCPartnerShare-Inc to enter the corporation's share of a new partnership's income. This information is needed for Quebec Form CO-17.B.1.
  2. QC-SourceInc-OV : Quebec sources of income/ov (CO-17.B.1)
    
    Use the keyword QC-SourceInc-OV to override DT Max's automatic calculation of lines 55, 56, 57, 58 and 59 in Part 3 of Quebec Form CO-17.B.1 and lines 67, 68, 69, 70 and 72 in Part 4 of Quebec Form CO-17.B.1.
8. In the Partner-Inc-Inclus group, pertaining to Quebec Form CO-17.B:
  1. QC-ASPA-PriorYr : Adjusted stub period accrual for the prior year (CO-17.B)
    
    Use the keyword QC-ASPA-PriorYr to enter the adjusted stub period accrual for the prior year broken down by sources of income. These amounts will appear on Quebec Form CO-17.B.
  2. QC-IncInclus-Prior : Income inclusion for a new corporate member of a partnership from the prior year (CO-17.B)
    
    Use the keyword QC-IncInclus-Prior to enter the income inclusion for a new corporate member of a partnership from the prior year broken down by sources of income. These amounts will appear on Quebec Form CO-17.B.
Revised keywords
1. The following keyword was revised in the Adj-Details subgroup within the T2-Adjust group, pertaining to Quebec Form CO-17.R:
  1. Details : Details regarding the adjustment
    
    Enter the details, if any, regarding the adjustment.
    
    Use this keyword if you wish to enter extended details.
Deleted keywords
1. From the RelatedParty group, pertaining to Quebec Form CO-771.1.3.AJ:
  1. QC-PrevYr-AAII: Associated corporation's adjusted aggregate investment income for Quebec in previous year
2. From the CCA-Class group, pertaining to Quebec Form CO-17.A.1:
  1. Class18-Ded: Additional deduction of 85% on Class 18 additions
3. From the Partner-Inc-Inclus group, pertaining to Quebec Form CO-17.B.1:
  1. Partner-Share.pa: Corp.'s share of partnership's income or loss for eligible alignment income
  2. EAI-PriorYr: Eligible alignment income from previous year
  3. EAI-PriorYr.p: Eligible alignment income in the previous year
  4. QTI: Is the corporation eligible for qualifying transitional income?
  5. QTI-CF: Qualifying transitional income & adjusted qualifying transitional income carried forward
  6. Spec-Percent-OV: Specified percentage regarding transitional reserve /ov
  7. Corp-Income: Corp.'s income less dividends deductible under section 112 or 113 received after Dec. 20, 2012
  8. TransReserve-Lim: To limit transitional reserve claimed
  9. Spec-Percent-CF: Specified percentage
  10. From the Partner-Inc-Inclus group, pertaining to Quebec Form CO-17.B:
  11. TranReserve-CurrYr: Breakdown of current-year transitional reserve
  12. Transreserve-CF: Transitional reserve from previous year
4. From the Partner-Inc-Inclus group, pertaining to Quebec Form CO-17.B:
  1. TranReserve-CurrYr: Breakdown of current-year transitional reserve
  2. Transreserve-CF: Transitional reserve from previous year
5. From the RelatedParty group, pertaining to Quebec Form CO-17.B:
  1. Portion-Inc: Corporation's portion of partnership's income (loss)
New options
1. For new keyword Adj-Details , pertaining to Quebec Form CO-17.R:
  
  Brief details (maximum 3 lines)
  Extended details
2. For new keyword Type.q , pertaining to Quebec Form CO-737.18.CI:
  
  Protected invention
  Protected plant variety
  Protected software
3. For keyword TrainingCrQ :
  
  Trainee exp. (without limit reduction) - after 30/04/2022
  Trainee exp. - partnership (without limit reduction) - after 30/04/2022
  Trainee exp. (with limit reduction) - after 30/04/2022
  Trainee exp. - partnership (with limit reduction) - after 30/04/2022
4. For new keyword Partner-Share.p , pertaining to Quebec Form CO-17.B.1:
  
  Corp.'s share of active business income of partnership
  Corp.'s share of business losses of partnership
  Corp.'s share of property income of partnership
  Corp.'s share of property losses of partnership
  Corp.'s share of other income of partnership
  Corp.'s share of other losses of partnership
5. For new keywords QC-ASPA-PriorYr and QC-IncInclus-Prior , pertaining to Quebec Form CO-17.B:
  
  Income other than taxable capital gains
  Income from active business
  Property income
  Other income
  Taxable capital gains
Deleted options
1. From the keyword Net-Inc-Add , pertaining to Quebec Form CO-17.A.1:
  
  Eligible capital expenditures - Qc
2. From the keyword Net-Inc-Ded , pertaining to Quebec Form CO-17.A.1:
  
  Additional deduct., freight trucks and tractors - Qc
3. Due to the deletion of the keyword EAI-Prioryr.p, pertaining to Quebec Form CO-17.B.1:
  
  Eligible alignment income
  EAI when ASPA is 34.2(1)(b)(ii)
4. Due to the deletion of the keyword QTI-CF, pertaining to Quebec Form CO-17.B.1:
  
  Qualifying transitional income
  Adjusted qualifying transitional income
5. Due to the deletion of the keyword Spec-Percent-CF, pertaining to Quebec Form CO-17.B.1:
  
  100%
  85%
  65%
  45%
  25%
  0%
6. From the keyword Period.p , pertaining to the deleted Quebec Form CO-17.B.2:
  
  ASPA fiscal period ends before multi-tier alignment
  ASPA 1st fiscal period aligned

February 15, 2023

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In this version...

DT Max T1

CRA's Express NOA service now available in DT Max

Quebec Tax Data Download now available in DT Max

Version highlights

Immediate expensing incentive

New Form T1B, Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year

New Air Quality Improvement Tax Credit

New Critical Minerals Exploration Tax Credit (CMETC)

New Labour Mobility Deduction

Climate Action Incentive Payment (CAIP)

Benefits paid quarterly for three new provinces

Red Deer, Alberta added as CMA

Expansion of DPA Classes 43.1 and 43.2

Last year of eligibility for business owners or professionals who have elected to exclude the value of the work-in-progress (WIP)

New eligible medical expenses

Lifetime capital gains exemption limit

Quebec tax credit for a large cultural donation

Introduction of the Tax-Free First Home Savings Account (FHSA)

Exchange rate and other prescribed rates

One-Time Cost of Living Amount (Explanation of the measure)

Good to know: how to avoid scams

Underused Housing Tax

Disability tax credit

New forms

Federal

In-house forms

Revised forms

Federal

Quebec

In-house forms

New diagnostics

Notes and diagnostics

Federal

Quebec

Error prevention report

Federal

EFILE ineligibility

New keywords

New options

Deleted options

Changes pertaining to the client letter

New variables

Federal

Provincial

Quebec

New paragraphs added to the client letter

Preliminary status advisory

DT Max T2

Program certification

Revised forms

Deleted forms

New keywords

Revised keywords

Deleted keywords

New options

Deleted options