DT Max - What's new for T1/T2 Internet version 27.01?

What's new for T1/T2 Internet version 27.01?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2012 to 2023 inclusively and the T2 program for fiscal periods ending from 2012 to 2024 and fully supports Corporation Internet Filing (T2, CO-17 and AT1).

Please note that in regard to the T1/TP-1 program, version 27.01 supports paper filing but does not support EFILE transmission for taxation year 2023 due to its early release date. The EFILE module will be integrated in the next version of DT Max that will be stamped 27.10 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 2024.

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 27.10 of DT Max T1.

In this version...

For DT Max T1 and T2

Mandatory efiling criteria
Better data migration to Onvio
Improved performance when linking clients (or, for T2, clients and signing officers) to Onvio

DT Max T1

Program certification
Version highlights
New forms
Revised forms
Deleted forms
New diagnostics
1. Notes and diagnostics
New keywords
Deleted keywords
New options
Deleted options
Changes pertaining to the client letter
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

For DT Max T1 and T2

Mandatory efiling criteria

For T1

Please note that starting in 2024, tax preparers who file more than 5 (five) federal or 5 (five) Quebec returns must file them electronically. This has been revised from the previous limit of 10 (ten).

For T2

The Canada Revenue Agency, Revenu Québec, and the Alberta Tax and Revenue Administration have all eliminated the mandatory electronic filing threshold of $1 million in gross revenue.

For taxation years beginning in 2024, all corporations that are eligible for Corporation Internet Filing, whether their gross revenue is in excess of $1 million or not, will be required to electronically file their returns.

In addition, starting in 2024, tax preparers who file more than 5 (five) federal, 5 (five) Quebec, or 5 (five) Alberta returns must file them electronically. This has been revised from the previous limit of 10 (ten).
Better data migration to Onvio

We have made improvements related to the migration of keyword data to Onvio. Now, when adding client data to Onvio, or updating it, additional phone numbers and address data (e.g., in the case of T1, rural route and PO box numbers) are now included.
Improved performance when linking clients (or, for T2, clients and signing officers) to Onvio

We now cache the Onvio client list data the first time a user tries to link a DT Max client - or, for T2, a DT Max client or signing officer - to an Onvio client during a DT Max session. The next time a user attempts this operation, DT Max will already have the Onvio data available, avoiding the wait to download the data again. This data will remain in memory until the user ends the session (i.e., changes tax years, restarts DT Max, or changes languages).

DT Max T1

Program certification

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

Federal: RC-23-119

Quebec: RQ23-TP09

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.7-202310-IP001, TPZ-1029.MD.8-202310-IP003 and TPZ-1029.MD.9-202310-IP003 respectively.
Version highlights
1. New mandatory disclosure rules in effect (Royal Assent received on June 22, 2023)
  - For reportable transactions, the revised rules will apply to transactions entered into after Royal Assent;
  - For notifiable transactions, the new rules will apply to transactions entered into after Royal Assent;
  - For reportable uncertain tax treatments, the new reporting obligation will apply to taxation years beginning after 2022.
  Please refer to the CRA's Mandatory disclosure rules - Guidance page for more details.
2. Federal
  1. Multigenerational Home Renovation Tax Credit
    
    For the 2023 and subsequent taxation years, Budget 2022 introduced this refundable tax credit to assist with the cost of renovating an eligible dwelling to establish a secondary unit that enables a qualifying individual to live with a qualifying relation.
    - The value of the tax credit is 15% of the lesser of the following amounts:
      - Eligible expenditures, or;
      - $50,000.
    - Maximum credit: $7,500 ($6,263 in Quebec due to abatement).
    - Qualifying individual:
      - Senior aged 65 or over at the end of the year;
      - Adult eligible for the disability tax credit
    - Qualifying relation: parent, grandparent, child, grandchild, brother/sister, uncle/aunt, nephew/niece of qualifying individual.
    - Qualifying expenditures
      - Include cost of labour and professional services, building materials, fixtures, equipment rental and permits.
      - Exclude furniture, construction equipment and tools, financing costs, etc.
    - The credit can be claimed by the qualifying individual, their spouse, the qualifying relation or their spouse, upon completion of the renovations.
    - Applicable to expenditures made on or after January 1, 2023.
  2. Tax-Free First Home Savings Account (FHSA)
    
    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. The Department of Finance's 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.
    
    If you opened an FHSA in 2023, check the box on line 1 of Schedule 15, First Home Savings Account Contributions, Transfers and Activities.
    
    For more information on the FHSA, visit canada.ca/fhsa.
    
    For more details on how the FHSA works, please refer to the Department of Finance's Design of the Tax-Free First Home Savings Account backgrounder.
  3. New CCA classes
    
    The August 2022 Proposals introduced new section 127.44 of the Tax Act and accompanying regulations which provide for the refundable CCUS Tax Credit. The August 2022 Proposals introduced four new CCA classes (Classes 57, 58, 59, and 60). The CCUS Tax Credit (as amended by Budget 2023) will generally apply to qualifying expenditures incurred on or after January 1, 2022 and before 2041.
    
    Class 57 (8%)
    
    This class applies to expenses incurred for certain property included in a taxpayer's carbon capture, utilization and storage (CCUS) project that is:
    - (a) equipment that is not required for hydrogen production, natural gas processing or sour gas injection and that:
      - (i) is to be used strictly for the capture of carbon dioxide:
        
        (A) which would otherwise be released into the atmosphere,
        
        (B) directly from ambient air,
      - (ii) prepares or compresses the captured carbon for transport,
      - (iii) is power or heat-generating equipment that strictly supports the CCUS process;
    - (b) equipment that will only be used to transport captured carbon;
    - (c) equipment that will only be used to store captured carbon in a geological formation (except for enhanced oil recovery);
    - (d) monitoring and control equipment that will be used solely for the operation of the equipment referred to in paragraphs a) to c);
    - (e) a building or other structure all or substantially all of which is or will be used for the installation or operation of the equipment referred to in paragraphs a) to d);
    - (f) a property that will be used strictly for:
      - (i) converting another property that would not otherwise be covered by any of paragraphs a) to e) if the conversion results in the other property corresponding to any of paragraphs a) to e),
      - (ii) reconditioning a property described in any of paragraphs a) to e).
    Class 58 (20%)
    
    This class applies to expenses incurred for property included in a taxpayer's carbon capture, utilization and storage (CCUS) project that is:
    - (a) equipment that will be used solely for the utilization of carbon dioxide in industrial production (including enhanced oil recovery);
    - (b) monitoring and control equipment that will be used solely for the operation of the equipment referred to in paragraph a);
    - (c) a building or other structure all or substantially all of which is used or will be used for the installation or operation of the equipment referred to in a) or b);
    - (d) a property that will be used strictly for:
      - (i) converting another property that would not otherwise be covered by any of paragraphs a) to e) if the conversion results in the other property corresponding to any of paragraphs a) to c),
      - (ii) reconditioning a property described in any of paragraphs a) to c).
    Class 59 (100%)
    
    This class applies to expenses incurred by the taxpayer after 2021 for property that is:
    - (a) used to determine the existence, location, extent or quality of a geological formation for the purpose of permanently storing captured carbon (other than for enhanced oil recovery) in Canada, including an expenditure that is:
      - (i) a geological, geophysical or geochemical expenditure,
      - (ii) an expenditure for environmental studies or community consultations, including studies or consultations that are undertaken to obtain a right, licence or privilege for the purpose of determining the existence, location, extent or quality of a geological formation for the purpose of permanently storing captured carbon (except for enhanced oil recovery);
    - (b) an expense that is
      - (i) neither incurred for the drilling or completion of an oil or gas well, nor for the construction of a temporary access road to, nor for the purpose of preparing a work site in connection with, such a well,
      - (ii) nor described in Class 60.
    Class 60 (30%)
    
    This class applies to expenses incurred by the taxpayer after 2021 for:
    - (a) the drilling or conversion of a well in Canada for the permanent storage of captured carbon (except for enhanced oil recovery);
    - (b) the drilling or completion of a well for the permanent storage of captured carbon (except for enhanced oil recovery) in Canada, the construction of a temporary access road to the well or the preparation of a work site in relation to the well;
    - (c) the drilling or conversion of a well in Canada for the purpose of monitoring pressure changes or other phenomena in the captured carbon that is permanently stored in a geological formation (except for enhanced oil recovery).
  4. Residential Property Flipping Rule
    
    Starting on January 1, 2023, the new deeming rule applies to flipped property to ensure that profits are subject to full income inclusion. Under the new rule, profits from the sale of a flipped property are deemed to be business income. Where the new deeming rule applies, profits on the sale cannot be treated as a capital gain (50-per-cent income inclusion) and the Principal Residence Exemption is not available.
    
    The 2022 Fall Economic Statement proposed that this deeming rule will be extended to include profits arising from the disposition of the rights to purchase a residential property via an assignment sale. Profits arising from an assignment sale would be deemed to be business income if the rights to purchase a property were assigned before the end of the 12-month holding period. The 12-month holding period would reset once the taxpayer who entered into a purchase and sale agreement secures ownership of the property.
    
    Please refer to the CRA's Residential Property Flipping Rule page for more details.
  5. Canada Workers Benefit advance payments
    
    Canada Workers Benefit (CWB) advance payments are now issued automatically to those who were entitled to receive them in the previous taxation year. As a result, Form RC210, Canada Workers Benefit Advance Payments Application, has been eliminated.
3. Quebec
  1. Sending notifications by text message or email
    
    In order for Revenu Québec to notify you quickly when certain events occur in your file, you can receive notifications, which are messages sent by text message or email. See the information on lines 10 and 10.1 of your tax return.
  2. Consent to email communications only
    
    In order to give your consent for Revenu Québec to send you any communications that concern you and that can be transmitted online by email only, via My Account for Individuals, you must now check box 10.2 on your tax return and enter your email address on line 10.1.
    
    Please refer to the information on line 10.2.
  3. Teleworking expenses due to the COVID-19 crisis
    
    Starting in 2023, you can no longer claim teleworking expenses incurred as a result of the COVID-19 crisis. In fact, the deduction that could be claimed on line 207 (point 10) has been abolished. However, if you were a salaried or commissioned employee, you can deduct certain expenses incurred in the performance of your duties if your contract of employment specified that you had to pay these expenses.
    
    Refer to points 5 and 7 of the information on line 207 of your income tax return.
  4. Work premium tax credits
    
    Starting in 2023, you can claim the adapted work premium if you or your spouse on December 31, if applicable, received Basic Income Program benefits from the Ministère de l'Emploi et de la Solidarité sociale.
    
    See the information pertaining to line 456 of your tax return.
  5. Amount for a person living alone
    
    Starting in 2023, if you are a Basic Income Program recipient and receive a monthly single person adjustment in addition to the basic benefit, Revenu Québec may grant you the amount for a person living alone, subject to certain conditions. As a result, you won't have to pay any income tax for 2023, as long as these benefits are your only income for the year.
    
    Please refer to the information regarding line 361.
  6. Quebec prescription drug insurance plan
    
    On July 1, 2023, contribution rates for the Quebec prescription drug insurance plan were increased from $710 to $731. Thus, for the entire year 2023, the maximum contribution is $720.50.
    
    Note that you don't have to pay any contributions if, for example
    - you did not have a spouse on December 31, 2023, and the amount on line 275 of your return does not exceed $18,910;
    - you had a spouse on December 31, 2023, and the total of the amounts on line 275 of your return and your spouse's return does not exceed $30,640;
    - you were born before January 1, 1958, and your total monthly guaranteed income supplement (GIS) payments represent at least 94% of the maximum annual amount calculated without the bonus.
    Also note that as of January 2023, the contribution payable to the Quebec prescription drug insurance plan is calculated without taking into account the months during which you or your spouse, if applicable, were receiving Basic Income Program benefits and held a valid claim booklet issued by the Ministère de l'Emploi et de la Solidarité sociale.
  7. Balance due
    
    If your balance exceeds $10,000, you must pay it online.
    
    See the information on line 479.
  8. Reduction in rates for certain tax credits and enhancement of certain amounts
    
    For 2023, the conversion rate applicable to the various amounts used to calculate certain personal tax credits, as well as the rate of certain tax credits, will be reduced from 15% to 14%.
    
    This rate reduction affects the following tax credits:
    - the basic personal amount (line 350);
    - the age amount, the amount for a person living alone or the amount for retirement income (line 361);
    - the amount for dependants and the amount transferred by a child 18 or over enrolled in post-secondary studies (line 367);
    - the amount for a severe and prolonged impairment in mental or physical functions (line 376);
    - the tax credit for volunteer firefighters and search and rescue volunteers (line 390);
    - the tax credit for career extension (line 391);
    - the home buyers' tax credit (line 396).
    In addition, the following amounts have been increased:
    - the amount for a minor child in post-secondary studies (line 7 of Schedule A);
    - the amount for other dependents (line 37 of Schedule A);
    - the maximum amount that can be transferred by a child 18 or over enrolled in post-secondary studies (lines 2 and 4 of Schedule S);
    - the amount used to calculate the tax credit for volunteer firefighters and search and rescue volunteers (line 390).
  9. Reduction in the rate applicable to the calculation of the tax credit for volunteer firefighters and the tax credit for search and rescue volunteers
    
    The tax system grants a non-refundable tax credit to individuals who provide eligible volunteer firefighter services to one or more fire departments. It also grants a non-refundable tax credit to individuals who provide eligible volunteer search and rescue services to an eligible search and rescue organization. Each of these tax credits is calculated on the basis of a $3,000 amount, to which is applied a rate of 15%, the rate applicable to the first taxable income bracket of the personal income tax table. As of the 2023 taxation year, the tax legislation will be amended to replace the 15% rate used to determine these tax credits with a 14% rate, so that these tax credits remain calculated on the basis of the rate applicable to the first taxable income bracket in the personal income tax table.
  10. Enhanced non-refundable tax credits for volunteer firefighters and search and rescue volunteers
    
    The $3,000 amount used to determine these tax credits will be increased to $5,000, so that each of these tax credits will correspond, as of the 2023 taxation year, to the amount equal to the product obtained by multiplying $5,000 by the rate for the first taxable income bracket of the personal income tax table applicable for the year. In addition, to ensure that the increase in these non-refundable tax credits takes inflationary factors into account, the tax legislation will be amended to provide that the $5,000 amount will be subject to automatic annual indexing, as of the 2024 taxation year.
  11. Reduction in the rate applicable to the calculation of the first-time home buyers' tax credit
    
    As of the 2018 taxation year, the tax system grants a non-refundable tax credit intended primarily for first-time home buyers. For such a home acquired on or after January 1, 2022, this tax credit is equal to $1,500, i.e. the product obtained by multiplying $10,000 by the rate applicable to the first taxable income bracket in the personal income tax table for the year (15%). This tax credit was previously $750, i.e., the product obtained by multiplying $5,000 by the rate applicable to the first taxable income bracket in the personal income tax table for the year (15%). The tax legislation will be amended so that, as of the 2023 taxation year, this tax credit will continue to be calculated based on the rate applicable to the first taxable income bracket of the personal income tax table, replacing the 15% rate with a rate of 14%.
  12. Refundable tax credit for childcare expenses
    
    Childcare expenses paid for the care of an eligible child, in particular to enable an individual or his or her spouse to work, pursue studies or actively seek employment, may be converted into a refundable tax credit at a rate based on family income. For the purposes of this tax credit, the definition of "eligible child" will be amended, as of the 2023 taxation year, to provide that an eligible child of an individual for a taxation year means either a child of the individual or of the individual's spouse, a child who is dependent on the individual or the individual's spouse and whose income for the year does not exceed $12,638, if, in all cases, at any time in the year, the child is under 16 years of age or is dependent on the individual or the individual's spouse and suffers from a mental or physical infirmity. For greater clarity, the $12,638 amount will be subject to automatic annual indexing as of January 1, 2024.
  13. Increase in the housing component of the refundable solidarity tax credit
    
    Amounts paid under the housing component of the solidarity tax credit vary according to household composition. This bonus will be incorporated into the parameters of the personal income tax system applicable as of July 1, 2023. Thus, the amounts resulting from this specific indexation for the housing component will be those considered for the purposes of calculating the indexation of this component of the solidarity tax credit applicable to the payment period beginning July 1, 2024.
4. British Columbia
  1. New clean buildings tax credit
    
    The clean buildings tax credit is a refundable income tax credit for qualifying retrofits that improve the energy efficiency of eligible commercial and multi-unit residential buildings with four or more units. The retrofit must improve the energy efficiency of an eligible building and meet energy-use targets. The credit amount is 5% of qualifying expenditures paid on the retrofit.
    
    The qualifying expenditures must be made before April 1, 2025, and incurred under the terms of an agreement entered into after February 22, 2022.
  2. New renter's tax credit
    
    Budget 2023 introduced an annual income-tested renter's tax credit that will give $400 to low- and moderate-income renter individuals and families with an adjusted income of $60,000 or less. Individuals and families with an adjusted income greater than $60,000 and less than $80,000 may receive a reduced amount.
    
    You can start claiming the renter's tax credit on the 2023 T1 Income Tax and Benefit Return when you file your personal income tax in spring 2024.
5. Yukon: Rebates for mining businesses after January 1 , 2023
  
  Starting January 1, 2023, there is a new rebate for mining businesses. This replaces the previous rebates for placer-mining and quartz-mining operations.
  
  Your mining business is eligible for the mining business rebate if it:
  - is a Yukon business;
  - files a tax return in the Yukon;
  - conducts substantially all of its mining activities under a valid class 4 placer mining land use approval or a valid quartz mining licence issued under section 135 of the Quartz Mining Act.
  Mining businesses receive a credit based on the value of eligible Yukon mining assets.
  
  Clean technology assets that reduce fossil fuel consumption are eligible for a Super Green Credit.
  
  This credit is significantly higher than the credit for buildings and other types of equipment.
  
  Eligible Yukon mining assets:
  
  Eligible Yukon mining assets are divided into 2 categories based on the capital cost allowance (CCA) class as follows:
  - Buildings and equipment: classes 1, 3, 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 41, 41.2, 43 and 53.
  - Assets eligible for a Super Green Credit: classes 43.1, 43.2, 54, 55, and 56.
New forms
Federal
- Schedule 12 - Multigenerational Home Renovation Tax Credit
- Schedule 15 - First Home Savings Account Contributions, Transfers and Activities
Quebec
- TP-1029.61.MD - Expenses Included in the Rent for a Dwelling in a Private Seniors' Residence - Tax Credit for Home-Support Services for Seniors
- SZ8 - Deemed resident of Quebec (in-house form)
New Brunswick
- New federal T1 return for this province
Saskatchewan
- T1279 - Saskatchewan Mineral Exploration Tax Credit
British Columbia
- T1356 - British Columbia Clean Buildings Tax Credit
Revised forms
Federal
- T1 - Income Tax and Benefit Return
  - Addition of line 12905, FHSA income, which appears in boxes 22 and 26 of the T4FHSA slip.
  - Addition of line 12906, FHSA income - other (boxes 24 and 28 of T4FHSA slip).
  - Addition of line 20805, FHSA deduction.
  - Modification of line 47557. For 2023, only box 238 of the T5013 must be reported on this line.
  - Line 23210, Federal COVID-19 benefits repayment, has been deleted.
  - For the British Columbia T1 return: questions relating to Tsawwassen Lands have been removed.
  - Section added for Climate action incentive payment on New Brunswick's T1 return.
- Schedule 3 - Capital Gains (or Losses)
  - Sections were added for reporting capital gains on residential property flipping.
  - A questionnaire was added regarding exceptions to the residential property flipping rule.
- Schedule 6 - Canada Workers Benefit
  
  Addition of a new section for CWB advance payments shown on the RC210 slip.
- RC65 - Marital Status Change
  
  The Gender question has been removed from Step 1 and Step 3.
- Schedule C - Electing under Section 217 of the Income Tax Act
  
  Two new options were added, First home savings account (FHSA) income and FHSA income - Other. Eligible individuals can deduct up to $4,000 of eligible expenses per year.
- T2200 - Declaration of Conditions of Employment
  
  Questions 2 to 10 of Part B, Conditions of employment, were remodeled.
Quebec
- TP-1 - Income Tax Return
  - Addition of boxes 10, 10.1 and 10.2, on page 1, for methods of receiving notifications.
  - For line 154, Other income, code 19 was added, First home savings account (boxes A, B and C on the RL-32 slip).
    
    Reason: Harmonization with measures relating to the introduction of the FHSA announced in the federal budget of April 7, 2022 (Information Bulletin (2022-04) of June 9, 2022). Amounts in boxes A, B and C represent, in order, taxable amounts, payment to beneficiaries following the death of the FHSA holder and loan guarantee.
  - For line 207, Employment expenses and deductions, code 10 was removed.
    
    Reason: Since no announcement has been made for the extension of teleworking expenses for 2023 due to COVID-19, point 10 was removed.
  - Addition of new line 215, FHSA deduction
    
    The amount you can deduct for contributions to a tax-free savings account for first-time home buyers (FHSA) is the amount deducted on line 20805 of your 2023 federal income tax return.
    
    Reason: Information Bulletin (2022-04) of June 9, 2022 - Harmonization with the FHSA tax measures announced in the federal budget of April 7, 2022.
  - For box 248.1, Deduction for QPP, CPP contributions or QPIP premiums, code 14 was added: Whether the individual has both employment and self-employment income.
  - For line 250, Other deductions, code 13 was added: Deduction for amount already included in income (FHSA).
    
    Reason: Section 935.42 provides for a deduction when, in a taxation year, a loan for which a trust governed by a First Home Savings Account (FHSA) has used or permitted the use of any of its property as security is terminated and the fair market value of the property so used has been included in the FHSA holder's income.
  - For box 289.1, Non-capital losses from other years, code 99 was added: Several of these losses.
- Schedule C - Tax Credit for Child Care Expenses
  - Two sections were added:
    
    Information on eligible child(ren) (see definition below): this section has been added to better inform the individual that they must list the children who received daycare services during the year.
    
    Child care expenses paid: this section has been added to better guide the individual in correctly reporting child care expenses paid during the year.
  - Four new lines have been added to the Paid childcare expenses section, to make it easier for the individual to declare all RL-24 slips issued to them during the year for eligible children, given that, as of 2022, a childcare service must produce an RL-24 slip instead of a receipt.
- Schedule F - Contribution to the Health Services Fund
  
  Code 13 added for line 45.
- Schedule J - Tax Credit for Home-Support Services for Seniors
  
  The worksheet (fields 6 to 21) has been removed from Schedule J. Individuals who have lived in a private seniors' residence must complete the new form Expenses Included in Rent at a Private Seniors' Residence - Tax Credit for Home-Support Services for Seniors (TP-1029.61.MD). Fields 22 to 24 are retained on Schedule J, at the request of the DGP (for the D2 return, this includes only field 22). Fields 22 and 23 (if completed) on Form TP-1029.61.MD will be carried over to the corresponding fields on Schedule J.
- Schedule L - Business Income
  
  Line 30 was added, Amount of commissions received from a business after you ceased operating it.
  
  Justification:
  
  This is a request from the DGP, supported by a letter of interpretation from the DGL (Letter of Interpretation (05-010489)). The calculation of the QPIP and QPP for a self-employed worker is based on the business income the taxpayer earns in the year (see sections 47(1) of the Act respecting the Québec Pension Plan and sections 43 "Business income" and 66 "Act respecting parental insurance").
  
  Thus, commissions received when the business is no longer actively operated should not be included in the calculation of contributions.
  
  Schedule R, Section A, for calculating QPIP contributions, and Schedule 445 for calculating QPP contributions, are both based on the amount on line 27 of Schedule L.
  
  Entering non-eligible commission income on line 30 avoids increasing the income eligible for contributions.
- TPF-1.X - Keying Summary for the Schedules of the Income Tax Return and for Forms
  - Forms TP-1029.SA and TP-1029.61.MD were added.
  - Form TP-59.S was deleted.
- TP-64.3 - General Employment Conditions
  
  Questions 18, 19 and 20 have been deleted.
- TP-80 - Business or Professional Income and Expenses
  - Line 122, Work in progress at the beginning of the fiscal period, was deleted. 2022 is the last year of eligibility for contractors and professionals who have opted to exclude the value of the work in progress (WIP).
  - Line 238, Telecommunications expenses, electricity, heating and water was shortened to Telecommunications expenses and line 239, Electricity, heating and water, was added.
- TP-1000.TE - Online Filing of the Personal Income Tax Return by an Accredited Person
  
  The following sections were added: Identification, Notifications, Consent to having communications sent to you online only, Information about the preparer, Information on the income tax return and Statement and certification.
- TP-1012.A - Carry-Back of a Loss
  
  Line 37.1 was added in relation to the new line 30 of Schedule L.
Provincial
- BC479 - British Columbia Credits
  - New section for BC clean buildings tax credit.
  - New section for BC renter's tax credit.
- SK428 - Saskatchewan Tax
  - New line for the Saskatchewan mineral exploration tax credit (complete Form T1279).
  - Line 58340 has been removed as Schedule SK(S12) has been eliminated.
- Schedule YT(S14) - Yukon Government Carbon Price Rebate
  
  New section was added for Yukon mining businesses, Eligible Yukon mining UCC for eligible Yukon mining asset.
Deleted forms
Federal
- T777S - Statement of Employment Expenses for Working at Home Due to COVID-19
- T2200S - Declaration of Conditions of Employment for Working at Home Due to COVID-19
- RC201 - Canada Workers Benefit Advance Payments Application
- T2039 - Air Quality Improvement Tax Credit
- T1B - Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year
Quebec
- TP-59.S - Expenses Related to Working Remotely Because of the COVID-19 Pandemic
Provincial
- Schedule SK(S12) - Saskatchewan Home Renovation Tax Credit
- Schedule ON(S12) - Ontario Senior's Home Safety Tax Credit
New diagnostics
1. Notes and diagnostics
  
  Federal
  1. Ineligible for federal EFILE
    - The province of residence is inconsistent with the residency data being specified.
    - A residency status has been specified but the taxpayer is not a deemed or factual resident.
    - Worldwide income from Canadian and non-Canadian sources must be specified.
    - Taxpayer's province of residence and tax data entered are inconsistent.
    - The taxpayer is an emigrant and submitting a T1243, T1244, or T1161 form.
    - The taxpayer is a deemed resident (183 days or more) or a deemed non-resident.
    - The taxpayer is a non-resident, or filing a NR6, or filing under section 115, 216, or 217.
    - The taxpayer's residency status is non-resident or deemed non-resident.
    - The residency status information as of December 31 must be completed.
New keywords
1. In the CCA-Class keyword group, pertaining to new CCA classes 57, 58, 59 and 60:
  1. Additions-AIIP.db : Capital additions (after November 20, 2018) - Date, descriptions and amounts
  2. Adjust-Curr-AIIP : Adjustments to the CCA in the year of acquisition (after November 20, 2018)
2. Pertaining to the addition of a questionnaire dedicated to preparers concerning the information and documents to be provided by taxpayers to complete their tax returns, the keyword group TaxReview-For was added:
  1. TaxReview-For : Select to whom the tax review questions of the tax return are addressed
  2. Q-General : General - Select or enter the tax review question
  3. Q-Government : Government - Select or enter the tax review question
  4. Q-Medical : Medical - Select or enter the tax review question
  5. Q-Family : Family - Select or enter the tax review question
  6. Q-Investments : Investments - Select or enter the tax review question
  7. Q-Empl-Expenses : Employment expenses - Select or enter the tax review question
  8. Q-Student : Student - Select or enter the tax review question
  9. Q-Senior : Senior - Select or enter the review tax question
  10. Q-Rental : Rental - Select or enter the tax review question
  11. Q-Business : Business - Select or enter the tax review question
  12. Q-Emigrant : Emigrant - Select or enter the tax review question
  13. Q-Separation : Separation - Select or enter the tax review question
  14. Q-Deceased : Deceased - Select or enter the tax review question
  15. Q-ABIL : ABIL - Select or enter the tax review question
  16. Q-Moving : Moving - Select or enter the tax review question
  17. Q-QuestionFile : Attachment of client responses to requested questions
  To assist you during the tax return verification and review stage, specific tax review questions have been added and grouped into different tax categories. Simply browse through the tax questions in the tax categories that apply to your client's situation, and select the question(s) relevant to your client.
  
  The tax questions have been developed to cover different situations and avoid mistakes before finalizing and submitting your tax returns. You can therefore easily consult and select the tax review keywords that might apply to your client's situation.
  
  This group allows you to improve and better document the verification and tax review of your tax returns. A Tax Review Questions form will be generated and will contain the list of selected tax review questions. This form will contain any review questions that have not yet been answered and are outstanding. You can also easily save this form and send it to your clients.
  
  Once the tax review question has been completed, i.e. processed, and the data entry has been carried out or modified, you can use the keyword Completed.tax that you will find in the tax review question group. When you select "Yes", the tax review question will be transferred to another form called Tax Review Questions - Completed. Once all the tax review questions have been processed and completed, you should no longer have the Tax Review Questions form but only the Tax Review Questions - Completed form.
  
  Here are the keywords that are generated for each of the tax categories listed above when the keyword group TaxReview-For is added:
  1. QuestionDetail.t : Enter more details about the tax review question
  2. Answer.tax : Answer : Select or enter the answer to the tax review question
  3. Answer-Amount.tax : Answer : Amount of the question (if applicable)
  4. Answer-Date.tax : Answer : Date of the question (if applicable)
  5. Explanation.tax : Answer : Enter more explanations regarding the answer to the tax review question
  6. Date-Response : Date on which the client answered the question (if applicable)
  7. Completed.tax : Select whether the review question has been completed and the tax data modified (yes/no)
3. This new keyword was added to bypass the validations of tax claim that expired after 4 years, 3 years and 1 year:
  1. Claim-Expired-OV : Ignore the claim that expired and perform calculation as normal (yes/no)
4. Pertaining to lines 10, 10.1 and 10.2 of the TP-1 tax return:
  1. MRQ-Notifications : Select Revenu Québec notification method you want to use
  2. MRQ-Correspondence : Consent to Revenu Québec sending you online correspondence only
5. In the Capital-Gains group, pertaining to federal Schedule 3:
  1. Flipping-Property : Disposition of property that was not already considered inventory, owned for less than 365 days (yes/no)
6. In the FHSA keyword group:
  1. FHSA-To-Deduct : Amount of FHSA contributions you want to deduct on your tax return
  2. Contrib-After-WDL : Total contributions made to the FHSA in 2023 after the first qualifying withdrawal [Sch.15 L.2]
7. In the Capital-Gains group, when the option "Qualified small business corporation shares (QSBCS)" is selected, pertaining to Part 1.2 of Quebec Form TP-726.7:
  1. Ident-number.g : Identification number of the corporation which issued the shares
  2. Que-NEQ-No.g : Quebec enterprise number (NEQ) of the corporation which issued the shares
Deleted keywords
1. In the Business group, pertaining to deleted line 122 of Quebec Form TP-80:
  1. Work-in-Prog: Work in progress at beginning and end of fiscal period
    
    2022 is the last year of eligibility for business owners or professionals who have elected to exclude the value of the work-in-progress (WIP).
2. In the Business group, pertaining to the deleted federal Form T2039:
  1. AirQuality-Exp: Location and qualifying expenditures (starts September 1, 2021, and ends on December 31, 2022) (T2039)
  2. Air-Address.aq: Address of the qualifying location (T2039, col. 1)
  3. Air-Assistance.aq: Amounts of assistance received 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
3. Pertaining to the deleted provincial Saskatchewan Schedule SK(S12):
  1. HomeRenov-Supplier: Name of the supplier or contractor (Worksheet F31285 and PROV(S12))
4. Pertaining to the residency status in the T1 tax return:
  1. Resident-Canada: Is the client a Canadian resident, factual resident, deemed resident or a non-resident?
New options
1. For the keyword CCA-Class :
  
  Class 57 - 8% (after 31 Dec. 2021 & before 2041)
  Class 58 - 20% (after 31 Dec. 2021 & before 2041)
  Class 59 - 100% (after 31 Dec. 2021 & before 2041)
  Class 60 - 30% (after 31 Dec. 2021 & before 2041)
2. For the keyword Income.bus :
  
  Commissions received after it ceased operations
3. In the T-Slip group, pertaining to the new FHSA:
  
  T4FHSA/RL-32
4. For the keyword Elig-Inc-Rate :
  
  4b First home savings account (FHSA)
  4c FHSA income – Other
5. For the keyword Non-Resident :
  
  Non-resident - section 115 (employment income)
  Non-resident - section 116 (only disp. of Can. property)
  Factual resident
6. For the keyword Elig-Cap-Gains , pertaining to box 30 of the T3:
  
  Reserve from a disposition of QSBCS in 2019
  Reserve from a disposition of QSBCS in 2020
  Reserve from a disposition of QSBCS in 2021
  Reserve from a disposition of QSBCS in 2022
  Reserve from a disposition of QFFP in 2019
  Reserve from a disposition of QFFP in 2020
  Reserve from a disposition of QFFP in 2021
  Reserve from a disposition of QFFP in 2022
7. For the keyword Income in the Business group, pertaining to federal Form T2125:
  
  Profits from property flipping
Deleted options
1. From the keyword Optimize :
  
  ON479 - Ontario seniors' home safety tax credit (Schedule 12)
  ON479 - Ontario staycation tax credit
Changes pertaining to the client letter
1. New variables
  
  Federal
  1. %463 F20805 FHSA deduction [$]
  2. %469 F45355 Multigenerational home renovation tax credit [$]
  Provincial
  1. %470 YT(S14) - Yukon mining business carbon price rebate [$]
  2. %468 T1279 - Sask. mineral exploration tax credit [0=No, 1=Yes]
  3. %471 T1356 BC Clean buildings tax credit (non-partnership) [$]
  4. %472 T1356 BC Clean buildings tax credit (partnership) [$]
  First home savings account (FHSA)
  1. %464 Unused FHSA contributions available to deduct [$]
  2. %465 Excess FHSA amount [$]
  3. %466 Net contributions in the FHSA [$]
  4. %467 Annual FHSA limit [$]
2. Deleted variables
  
  Federal
  1. %447 F22900 T777S - Employment expenses COVID-19 (Detailed) [$]
  2. %448 F22900 T777S - Employment expenses COVID-19 (Flat rate method) [$]
  Quebec
  1. %449 Q207 TP-59.S - Employment expenses COVID-19 (Detailed) [$]
  2. %450 Q207 TP-59.S - Employment expenses COVID-19 (Flat rate method) [$]
3. New paragraphs
  1. Unused FHSA contributions
    
    You have unused FHSA contributions of $XXX.
    
    This amount represents your undeducted contributions available to deduct in [YEAR].
    
    Please take this into account when purchasing FHSA's for [YEAR].
  2. Excess FHSA amount
    
    You have an excess FHSA amount of $XXX because the total of your contributions to your FHSA and transfers from your RRSP to your FHSA over the course of a year exceeds your rights to participate in a FHSA for the year. Please contact us to find out the best way to reduce or eliminate this excess. Generally, you have to pay a 1 percent tax per month on the highest excess FHSA amount in that month. You will continue to pay the monthly tax until the excess FHSA amount is eliminated. Your excess FHSA amount will be reduced or eliminated by your new FHSA participation room (on January 1 of the following year) or by removing amounts from your FHSAs.
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 27.10. Here is the list of the key forms bearing this mark:
Federal
- T90 - Income exempt from tax under the Indian Act
- T1273 - Statement A - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals
- T1274 - Statement B - Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations
- T2043 - Return of Fuel Charge Proceeds to Farmers Tax Credit
Quebec
- MR-14.A - Notice Before Distribution of the Property of a Succession
- TP-517.5.5 - Designating a Deemed Capital Gain Further to the Transfer of a Family Business
In-house forms
- Estimated GST/HST Tax Credit for the period from July 2024 to June 2025
- Estimated Calculation for the Solidarity Tax Credit (July 1, 2024, to June 30, 2025)
- Estimated Calculation for the Family Allowance (Quebec) for the period July 2024 to June 2025
- Estimated Ontario Trillium Benefit (OTB) for July 2024 to June 2025 and the Ontario Senior Homeowners' Property Tax Grant (OSHPTG) for 2024
- Estimated Saskatchewan Low-Income Tax Credit for the period from July 2024 to June 2025
- Estimated British Columbia Climate Action Tax Credit for the period July 2024 to June 2025
- Estimated Nova Scotia Affordable Living Tax Credit and Poverty Reduction Credit for the period from July 2024 to June 2025
- Estimated Newfoundland and Labrador Income Supplement and Seniors' Benefit for the period from July 2024 to June 2025
- Estimated Prince Edward Island HST Credit for the period from July 2024 to June 2025
- Estimated Calculation for the Canada Child Benefit (CCB) for the period July 2024 to June 2025
- Estimated New Brunswick HST Tax Credit for the period from July 2024 to June 2025
- Estimated Northwest Territories Cost of Living Offset (NTCOLO) for the period from July 2024 to June 2025
- Estimated Yukon Government Carbon Price Rebate for Individuals for the period from July 2024 to June 2025
- Estimated Climate Action Incentive for the period April 2024 to March 2025
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 (2023)
Tax brackets and rates (2023)
Tax changes in DT Max (2023)

DT Max T2

Program certification

Federal

For DT Max T2 version 27.01, 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, 2024, under the DT47 stamp.

The certification date has been extended to May 31, 2024.

In addition, this new version of DT Max T2 has undergone an authorization process with the CRA for the paper version of Form T3010(23), Registered Charity Information Return, as well as Form T3010(24), Registered Charity Information Return (January 2024 version), and has been approved under authorization number 13103.

Quebec

Version 27.01 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-2304.

Also, version 27.01 has received certification for the paper version of Form TP-985.22, Information Return for Registered Charities and Other Donees. The certification number is RQOB-2301.

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 DT47 stamp.
Version highlights
1. Known issues fixed in version 27.01
  1. Incorrect amount on line 34 of the CO-771.1.3.AJ
    
    DT Max T2 is showing an incorrect amount on line 34 of Quebec Form CO-771.1.3.AJ when the taxation year starts after April 6, 2022, and line 56 of Quebec form CO-771 is more than $15 million.
    
    This has been fixed with this DT Max T2 version 27.01.
2. Notes and diagnostics page
  
  A new table has been added for Quebec to remind a corporation that carries on logging operations, or a member of one of more partnerships that carry on logging operations, that Form COZ-1179 must be filed with Revenu Québec and mailed to the following address:
  
  3800, rue de Marly
  Québec, Québec
  G1X 4A5
3. 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 2024 increased from $66,600 to $68,500.
4. Two versions of Form T3010: T3010(23) and T3010(24)
  
  In 2022, the Government of Canada announced measures to boost charitable spending in our communities and passed legislation changing disbursement quota rules for registered charities.
  
  The Canada Revenue Agency has released a new version of Form T3010, Registered Charity Information Return, to reflect new reporting requirements. With version 27.01 of DT Max T2, two versions of the Form T3010 are available:
  - Charities with fiscal periods ending on or before December 30, 2023, should file their Form T3010 using version 23.
  - Charities with fiscal periods ending on or after December 31, 2023, will have to file their Form T3010 using version 24.
  DT Max will generate the proper version of the T3010 depending on the fiscal period end of the charity.
  
  IMPORTANT NOTICE: Due to these changes, it is very important to recalculate the return to make sure that you are using the correct version of the form.
5. RELATEDPARTY keyword group: Importing client information
  
  If the new federal Schedule 572 applies, the new keyword ON-Mfg-ExpLim will be displayed within the RelatedParty group if you choose to automatically import client information concerning a related party from the current DT Max T2 client list by using the keyword DTMax-ImportClient within the RelatedParty group.
6. Registration fee for the enterprise register (REQ) (Quebec line 441b)
  
  The registration fee for the enterprise register (line 441b of the Quebec Corporation Income Tax Return) have been indexed on January 1, 2024, as follows:
  - $101.00 for a corporation or a for-profit legal person, a mutual insurance company or other (formerly $98.00);
  - $46.00 for a cooperative (formerly $45.00);
  - $39.00 for a non-profit legal person (incorporated association), a condominium association or other (formerly $38.00).
7. CO-1029.8.33.6: New keyword for data entry
  
  A new keyword Copy-TrainWeek has been added in the TrainingCrQ group in order to simplify the data entry for Quebec Form CO-1029.8.33.6. This form requires you to enter information regarding weeks in the training period that are not all identical.
  
  Since this can be a tedious task, the new keyword Copy-TrainWeek allows you to copy a specific Trainee-Week subgroup that has already been entered for a particular TrainingCrQ group.
  
  In order for the correct information subgroup to be copied over, there must be a match found between the Copy-TrainWeek keyword and the Trainee-Week keyword.
  
  For example, if you would like to copy over a specific Trainee-Week subgroup that has a value of 3 weeks entered for this keyword, then you must enter 3 within the Copy-TrainWeek keyword.
8. Automobile deduction limits and expense benefit rates/Immediate expensing deduction: Updated message from government authorities
  1. Automobile deduction limits and expense benefit rates
    
    On December 16, 2022, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2023.
    
    The following changes will be taking effect as of January 1, 2023:
    - The ceiling for capital cost allowances (CCA) for Class 54 zero-emission passenger vehicles will be increased from $59,000 to $61,000, before tax, in respect of vehicles (new and used) acquired on or after January 1, 2023.
    - The ceiling for CCA for Class 10.1 passenger vehicles will be increased from $34,000 to $36,000, before tax, in respect of vehicles (new and used) acquired on or after January 1, 2023.
    - Deductible leasing costs will be increased from $900 to $950 per month, before tax, for new leases entered into.
    Once again, we have been notified that the above changes cannot be implemented within the software at this time.
  2. Immediate expensing deduction
    
    In addition, on August 4, 2023, the Department of Finance released for public comment draft legislative proposals relating to technical amendments to the Income Tax Act (the Act) and Income Tax Regulations regarding the following:
    
    Immediate expensing - Regulation 1100(3) is amended to provide that the immediate expensing deduction under Regulation 1100(0.1) does not need to be prorated for a short taxation year. It should be noted that under Regulation 1100(0.1), the immediate expensing deduction is already limited to a taxpayer's prorated immediate expensing limit for the taxation year under Regulation 1104(3.5). This amendment to Regulation 1100(3) is effective for taxation years ending on or after April 19, 2021 (the same date that Regulation 1100(0.1) became effective).
    
    We have been notified that this change cannot be implemented either within the software at this time.
New forms
Federal
- Schedule 572 - Ontario Made Manufacturing Investment Tax Credit (2023 and later tax years)
  
  The Ontario Made Manufacturing Investment Tax Credit is a 10% refundable tax credit for eligible corporations on qualifying investments in buildings, machinery and equipment for use in manufacturing or processing in the province. An eligible corporation could receive a tax credit of up to $2 million a year. The $20 million limit is shared among an associated group of corporations and is prorated for short tax years.
  
  Use the keyword ProvITCExp with the option "Ontario made manufacturing ITC" within the applicable CCA-Class group in order to indicate that the property is eligible for this credit.
  
  Note that the information on this schedule is not captured for barcode nor efile purposes.
- T3010(24) - Registered Charity Information Return (January 2024 version)
  - In Section C, Programs and general information, new questions C17 and C18 have been added. Question C17 relates to new section Schedule 8 - Disbursement quota calculation. Question C18 relates to donor advised funds. Use the keyword DAF within the CharityReturn group to answer lines 5860, 5861, 5862, 5863 and 5864.
  - In Section D, Financial information, line 4505 relating to the amount of 10-year gifts received has been deleted.
  - On Schedule 1, Foundations, new lines 111 and 112 have been added. Use the keyword Restrict-Funds in the Foundation subgroup within the CharityReturn group.
  - On Schedule 6, Detailed financial information, lines 4180 and 4505 have been deleted. Lines 4101, 4102, 4157, 4158, and 4190 have been added for assets. Lines 4576 and 4577 have been added for revenue.
  - Schedule 8, Disbursement quota, is all new. This section calculates the disbursement quota requirement for the current fiscal period and it estimates the disbursement quota requirement for the next fiscal period.
Quebec
- CO-1029.8.21.22 - Tax Credit for Technological Adaptation Services
  
  This version of DT Max T2 now supports this form.
  
  Form CO-1029.8.21.22 must be completed for any corporation that wants to claim the tax credit for technological adaptation services for qualified expenditures it incurred in the taxation year under a contract for an eligible liaison and transfer service. The contract must have been entered into with an eligible college centre for the transfer of technology (CCTT) or an eligible liaison and transfer centre (LTC).
  
  The new keyword TechAdapt-TaxCr opens up the group in order to enter information relating to this form.
- CO-1029.8.36.55 - Tax Credit for the Construction or the Conversion of a Vessel
  
  This version of DT Max T2 now supports this form.
  
  Form CO-1029.8.36.55 must be completed for any corporation that wishes to claim the tax credit for the construction of a vessel or the tax credit for the conversion of a vessel, in respect of qualified expenditures incurred as part of a construction or conversion project.
  
  The new keyword Vessel-TaxCr opens up the group in order to enter information relating to this form.
Revised forms
Federal
- T2 Bar Code Return
  
  In the Certification section of the return, a new line has been added for Part VI.2 tax payable from Schedule 67.
- Schedule 2 - Charitable Donations and Gifts (2023 and later tax years)
  
  This form has been updated to reflect the fact that BC budget 2023 extended the farmers' food donation tax credit until December 31, 2026.
- Schedule 5 - Tax Calculation Supplementary - Corporations (2023 and later tax years)
  - In the Newfoundland and Labrador section, 2 new lines 524 and 842 has been added for the All spend film and video production tax credit. Use the keyword ProvCreditOV with the option "All spend film & video production tax credit - NFLD & Lab." to complete these lines.
  - In the Ontario section, new line 474 has been added for the Ontario made manufacturing investment tax credit.
- Schedule 35 - Taxable Capital Employed in Canada - Large Insurance Corporations (2023 and later tax years)
  This form was updated by the CRA.
  - In Part 1, Capital, lines 121, 201, 221, 223, 343 and 344 have been deleted. New lines 107, 108, 109, 207, 208, 209 and 210 have been added.
  - On page 5, Table 2, the column pertaining to Deferred tax debit balance has been deleted, and new columns pertaining to 90% of net CSM and Policyholders' liabilities have been added.
- Schedule 38 - Part VI Tax on Capital of Financial Institutions (2023 and later tax years)
  This form was updated by CRA.
  - A new section for life insurance corporations that are resident in Canada has been added on page 2 and, as a result, new lines 151 through 171 have been added in Part 1, Capital.
  - Lines 101 through 190 on page 1 in Part 1 have been revised so that they are now completed by a financial institution other than a life insurance corporation or an authorized bank.
- Schedule 65 - Air Quality Improvement Tax Credit (2022 and later tax years)
  
  In Part 1, Eligibility, line 120 has been revised. The corporation does not qualify for the air quality improvement tax credit if the total of the corporation's taxable capital employed in Canada including that of the corporations associated with the filing corporation in the current year is equal or greater than $15 million for the preceding year.
- Schedule 310 - Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit (2022 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 311 - Newfoundland and Labrador Green Technology Tax Credit (2022 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 425 - British Columbia Scientific Research and Experimental Development Tax Credit
  - This form has been updated by the CRA to include BC qualified expenditures after August 31, 1999, and before September 1, 2027.
  - In Part 3, SR&ED Qualified BC Expenditure, line 360 which referred to capital BC qualified expenditures in the tax year before 2014 has been deleted.
  - In addition, on page 4, Schedule A - BC qualified expenditure, all lines referring to capital expenditures have been deleted.
- Schedule 429 - British Columbia Interactive Digital Media Tax Credit (2023 and later tax years)
  
  This form has been updated to reflect the changes in the BC budget 2023 which extend the interactive digital media tax credit for five years to August 31, 2028.
  
  In Part 3, Eligibility, line 345 which asked if the corporation was an eligible business corporation registered under Part 2 of the Small Business Venture Capital Act, and the tax year ended before February 22, 2017, has been deleted.
- Schedule 444 - Yukon Business Carbon Price Rebate (2023 and later tax years)
- Schedule 500 - Ontario Corporation Tax Calculation (2022 and later tax years)
  
  This form has now been updated by the CRA to reflect the increase of the upper limit of taxable capital from $15 million to $50 million for tax years starting after April 6, 2022.
- T137 - Request for Destruction of Records
  
  A new question in Part 4, Other information, has been added asking whether or not the corporation had received a letter from the CRA requesting that the records be kept for any of the fiscal periods relating to the mentioned dates. Use the keyword Retain-Records within the Destruction subgroup of the Address group, with the option "Location of books & records" to answer this question.
- T183CORP - Information Return for Corporations Filing Electronically
  
  In Part 2, Declaration, a new line for the Total tax payable (line 770) from the T2 return has been added.
- T3010(23) - Registered Charity Information Return
- T1441 - Qualifying Disbursements: Grants to Non-Qualified Donees (Grantees)
  
  The keyword Country-Act in the Grantee subgroup within the CharityReturn group can now be entered multiple times as requested on the form.
- T2WS1 - Worksheet 1 - Calculating your estimated tax payable and tax credits for 2024 (N.B.: No calculation support is provided for this form.)
- T2WS2 - Worksheet 2 - Calculating your monthly instalment payments for 2024
- T2WS3 - Worksheet 3 - Calculating your quarterly instalment payments for 2024
Quebec
- CO-17 - Corporation Income Tax Return
  - The CO-17 has been updated by RQ and as such, the return is now 5 pages instead of 4 pages due to cosmetic changes.
  - In addition, in Part 2, Information about the corporation, line 28b that required entering the amount of the income tax withheld at source when the answer to the previous question 28a was "Yes" has been deleted;
  - In Part 5, Balance due or refund, new line 440b has been added between line 440 and line 440p for a corporation that had income tax withheld at source (non-resident corporation). This addition is related to lines 28 and 28a. Note that the keyword QC-TaxWithheld within the TaxWithheld group now supports cents so please adjust the data entry if necessary.
- CO-17 5-year Summary
  
  A new line 440b, Tax withheld at source, has been added on page 2 of the form due to the addition of a new line 440b on the CO-17.
- CO-17 Planning Summary
  
  A new line 440b, Tax withheld at source, has been added on page 2 of the form due to the addition of a new line 440b on the CO-17.
- COR-17.W - Keying Summary for Corporation Returns (Note: This form is currently available in French only.)
  - On page 1, line 28b has been deleted due to the deletion of this line on the Quebec CO-17.
  - On page 2, new line 440b has been added due to the addition of this line on the Quebec CO-17.
  - On page 4, in the CO-1029.8.36.IN section, line 64 has now been added.
  - On page 6, the CO-130.B section and all lines under that section has been completely removed.
- CO-771 - Calculation of the Income Tax of a Corporation
- 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
  
  Lines 12a and 14a of the form have been removed since they referred to the reserve for the year or from the previous year related to qualifying transitional income calculated in Form CO-17.B, which no longer exists.
  
  The references to certain lines on Form CO-17.B have been modified on lines 12b, 12c, 14b and 14c following the revision of this form.
- CO-1029.8.33.13 - Tax Credit for the Reporting of Tips
  
  The rates have been updated for calendar year 2023.
- CO-1029.8.33.CS - Tax Credit for the Retention of Persons With a Severely Limited Capacity for Employment
  
  Line 6 has been revised for a 2024 calendar year.
- CO-1029.8.36.EL - Tax Credit for Book Publishing
  The changes brought to Form CO-1029.8.36.EL come in response to Measure 2.3 Enhancement of the refundable tax credit for book publishing in the 2023-2024 Budget Speech of March 21, 2023.
  - In Part 2, Information about the work or group of works, lines 08a and 08b have been added to specify whether the application for an advance ruling or a qualification certificate was filed with SODEC before March 22, 2023, or after March 21, 2023. DT Max T2 will prompt you to select an option for the keyword Book-Publish so please verify your data entry and adjust accordingly.
  - In Part 4.3, Limit based on the cumulative preparation costs and digital version publishing costs, the applicable rate was added at line 91 based on the selection of either box 08a or box 08b, which specify whether the application for an advance ruling or a qualification certificate was filed with SODEC before March 22, 2023, or after March 21, 2023.
  - In Part 5.1, Qualified labour expenditure attributable to printing and reprinting costs before application of the limit based on the cumulative printing and reprinting costs, the multiplication factor was adjusted at line 109 based on the selection of either box 08a or box 08b.
  - In Part 5.3, Limit based on the cumulative printing and reprinting costs, the multiplication factor was adjusted at line 204 based on the selection of either box 08a or box 08b.
  - In Part 6, Tax credit, the tax credit rate was adjusted at line 216 based on the selection of either box 08a or box 08b. If the application for an advance ruling or a qualification certificate was filed with SODEC before March 22, 2023, the rate is 27%. If the application for an advance ruling or a qualification certificate was filed with SODEC after March 21, 2023, the rate is 35%.
- CO-1029.8.36.EM - Tax Credit Relating to Resources
  The changes brought to Form CO-1029.8.36.EM come in response to the changes outlined in the Information Bulletin (BI-2022-4) of June 9, 2022.
  
  These changes will apply to expenses incurred after March 31, 2023.
  - On page 1, lines 05n and 05o have been deleted.
  - All lines referring to the Refundable portion of the temporary increase from a previous year have been deleted since they do not apply anymore.
- CO-1029.8.36.II - Tax Credit for Investment and Innovation
- CO-1029.8.36.XM - Tax Credit for the Production of Multimedia Events or Environments Presented Outside Québec
  The changes brought to Form CO-1029.8.36.XM (2023-09) come in response to Measure 2.4 Enhancement of the tax credit for the production of multimedia events or environments presented outside Québec in the 2023-2024 Budget Speech of March 21, 2023.
  
  These changes will apply to an application for an advance ruling filed after March 21, 2023. Changes have been made to broaden the base for labour expenditure and increase the limit on qualified labour expenditure.
  - In Part 2, Information about the qualified production, the dates were adjusted to specify when the application for an advance ruling or a qualification certificate was filed with SODEC. Box 18a and box 18b will indicate whether the application for an advance ruling or a qualification certificate was filed with SODEC before March 22, 2023, or after March 21, 2023. Use the keyword Prod-Info within the Cred-Film group.
  - In Part 4.3, Limit based on the cumulative production costs, the applicable rate was added at line 152 based on the selection of either box 18a (50%) or box 18b (60%), which specify whether the application for an advance ruling or a qualification certificate was filed with SODEC before March 22, 2023, or after March 21, 2023.
  - In Part 5, Tax credit, lines 173 to 180 were deleted since the maximum tax credit limit no longer applies.
- FM-220.3 - Property Tax Refund for Forest Producers
- TP-985.22 - Information Return for Registered Charities and Other Donees
  This form has been updated by RQ.
  - In Part 2, Financial information, new line 38a has been added to enter the total eligible disbursements made to grantee organizations.
  - In Part 5, Other information, new question 64 has been added: if the organization is a charity, did it accept a gift made with the implicit or explicit condition that the charity itself is making a gift to a person, association, organization, society or club that is not a qualified donee?
  - On Schedule A, new lines 106 to 109c have been added to calculate the adjusted disbursement quota.
  - On Schedule B, new lines 206 to 209c have been added to calculate the adjusted disbursement quota. New line 230 has also been added to indicate the fair market value of the property if, in the previous taxation year, the organization received a gift of property from another organization with the same tax status, and with which it is not dealing at arm's length.
- TP-1086.R.23.12 - Costs Incurred for Work on an Immovable
  
  In Part 2, Address of the immovable, a new field for the province has been added. Use the keyword Province.imm within the Labour-Costs group to select an option.
Alberta
- AT1 Alberta Corporate Income Tax Return - AT1 for 2004 and Subsequent Taxation Years
  The AT1 return has been updated.
  - Line 81 regarding the Scientific research and experimental development tax credit has been removed since the AT1 Schedule 9 has been deleted.
  - The description fields at lines 76 and 87 have been deleted.
- AT1 5-year Summary
  - Line 81 pertaining to the SR&ED tax credit on the AT1 return has been removed after 2022.
  - The lines pertaining to the section for Schedule 9 - SR&ED Tax Credit have been removed after 2022.
- AT1 Planning Summary
  - Line 81 pertaining to the SR&ED tax credit on the AT1 return has been removed.
  - The lines pertaining to the section for Schedule 9 - SR&ED Tax Credit have been removed.
- AT1 Schedule 2 - Alberta Income Allocation Factor
  
  This form has been updated by Alberta's TRA.
  
  In the Ship Operators (ITA Reg 410) and Divided Businesses (ITA Reg 412) sections of the form, references to AT1 line 64 have been removed.
Manitoba
- Authorization or Cancellation of a Representative
In-house forms
- Notes and diagnostics page
- Assembly instructions
- Assembly instructions - Charity
Deleted forms
Quebec
- CO-130.B - Deduction Respecting Incorporeal Capital Property
- CO-130.B Supplement - Summary of Cumulative Eligible Capital Deduction
Alberta
- AT1 Schedule 9 - Alberta Scientific Research & Experimental Development (SR&ED) Tax Credit
- AT1 Schedule 9 Supplement - Listing of SR&ED Projects Claimed in Alberta
New keywords
1. In the CCA-Class group, pertaining to federal Schedule 8, Quebec Form CO-130.A and Alberta AT1 Schedule 13:
  1. FactorOV : Relevant factor variable/ov
    
    Use the keyword FactorOV to override the relevant factor determined by DT Max.
    
    This keyword will be needed when there is more than one AIIP addition for a given CCA-Class group which have different relevant factors. In order to determine the appropriate relevant factor use the following formula for that CCA-Class group.
    
    (AIIP additions in 2023 X Relevant factor for 2023) +
    (AIIP additions in 2024 X Relevant factor for 2024) +
    (AIIP additions in 2025 X Relevant factor for 2025) +
    (AIIP additions in 2026 X Relevant factor for 2026) +
    (AIIP additions in 2027 X Relevant factor for 2027)
    
    Divided by
    
    The total of AIIP additions.
2. In the Destruction subgroup within the Address group, pertaining to federal Form T137:
  1. Retain-Records : CRA has requested records be kept for relevant fiscal periods
    
    Choose "YES" in the keyword Retain-Records if the CRA has sent a letter requesting that the records be kept for any of the fiscal periods. If you don't use this keyword, DT Max will default to "NO".
3. In the Vessel-TaxCr group, pertaining to Quebec Form CO-1029.8.36.55:
  1. Street.ve : Street of the subcontractor
    
    Use the keyword Street.ve to enter the street of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  2. City.ve : City of the subcontractor
    
    Use the keyword City.ve to enter the city of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  3. Province.ve : Province of the subcontractor
    
    Use the keyword Province.ve to enter the province of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  4. PostCode.ve : Postal code of the subcontractor
    
    Use the keyword PostCode.ve to enter the postal code of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  5. QST.ve : QST identification number of the subcontractor
    
    Use the keyword QST.ve to enter the QST identification number of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  6. SIN.ve : SIN of the subcontractor
    
    Use the keyword SIN.ve to enter the SIN of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  7. Cons-Tot.ve : Total amount of consideration
    
    Use the keyword Cons-Tot.ve to enter the total amount of the consideration provided for in the eligible contract.
  8. Cons-Paid.ve : Amount of consideration paid in the year
    
    Use the keyword Cons-Paid.ve to enter the portion of the consideration paid by the corporation.
  9. Vessel-TaxCr : Tax credit for the construction or conversion of a vessel
    
    Use the keyword Vessel-TaxCr if you wish to claim the tax credit for the construction or the conversion of a vessel, in respect of qualified expenditures incurred as part of a construction or conversion project.
  10. Eligible-Vessel : Information about the eligible vessel
    
    Use the keyword Eligible-Vessel to specify the type of eligible vessel.
  11. CertificateNumber : Number of the qualification certificate
    
    Use the keyword CertificateNumber to enter the number of the qualification certificate issued by the Minister of Economy, Science and Innovation in respect of the eligible vessel.
  12. Hull-ID-Num : Hull identification number
    
    Use the keyword Hull-ID-Num to enter the hull identification number.
  13. NameSubcontractor : Name of subcontractor
    
    Use the keyword NameSubcontractor to enter the name of the subcontractor who prepared, in whole or in part, plans and specifications for the corporation or carried out a portion of the construction or conversion of the vessel for the corporation.
  14. Expenditures : Construction or conversion expenditures
    
    Use the keyword Expenditures to enter the applicable amounts in order to determine the qualified construction or conversion expenditures and the construction or conversion cost after the application of the limit related to the cost.
  15. Cost.v : Amount of the portion of cost of construction or conversion of vessel
    
    Use the keyword Cost.v to enter the portion of the cost of construction or conversion of the vessel incurred by the end of the year.
  16. PrevYrInfo.v : Information about previous years
    
    Use the keyword PrevYrInfo.v to enter the information pertaining to previous years.
  17. CreditOV.v : Credit claimed in the current year/ov
    
    Use the keyword CreditOV.v to override the Quebec tax credit for the construction or for the conversion of a vessel claimed in the current year as calculated by DT Max.
4. In the CCA-Class group, pertaining to federal Schedule 8, Quebec Form CO-130.AD and Alberta AT1 Schedule 13:
  1. UCCDIEP-OV : Amount of UCC of the DIEP/ov
    
    Use the keyword UCCDIEP-OV to override the UCC of the DIEP claimed on this class.
5. In the TrainingCrQ group, pertaining to Quebec Form CO-1029.8.33.6:
  1. Copy-TrainWeek : Trainee-Week kw subgroup information that you wish to be copied over (enter the applicable week(s) number)
    
    Use the keyword Copy-TrainWeek if you wish to copy a specific Trainee-Week subgroup that has already been entered for a particular TrainingCrQ group.
    
    In order for the correct information subgroup to be copied over, there must be a match found between the Copy-TrainWeek keyword and the Trainee-Week keyword.
    
    For example, if you would like to copy over a specific Trainee-Week subgroup that has a value of 3 weeks entered for this keyword, then you must enter 3 within the Copy-TrainWeek keyword.
6. In the new group TechAdapt-TaxCr , pertaining to Quebec Form CO-1029.8.21.22:
  1. Date&Amount : Date and amount of fees incurred and paid for training activity
    
    Use the keyword Date&Amount to enter the date of the training activity and the amount of the fees incurred and paid for that activity in the year.
  2. Hours.ta : Number of hours during which service was rendered
    
    Use the keyword Hours.ta to enter the number of hours during which the eligible liaison and transfer service provided by the eligible college centre for the transfer of technology (CCTT) or eligible liaison and transfer centre (LTC) was rendered.
  3. Amount.ta : Amount of fees incurred and paid for service
    
    Use the keyword Amount.ta to enter the amount of the fees incurred and paid for service activity in the year.
  4. TechAdapt-TaxCr : Tax credit for technological adaptation services
    
    Use the keyword TechAdapt-TaxCr if you wish to claim the tax credit for technological adaptation services for qualified expenditures incurred in the taxation year under a contract for an eligible liaison and transfer service. The contract must have been entered into with an eligible college centre for the transfer of technology (CCTT) or an eligible liaison and transfer centre (LTC).
  5. Partner-Info.tt : Type of relationship partnership is involved in
    
    Use the keyword Partner-Info.tt to indicate whether the partnership is an eligible partnership whereby the corporation is a member, an intermediary partnership whereby the corporation is a member, or an eligible partnership whereby the corporation is a member by an intermediary partnership.
  6. Partner-Name.tt : Partnership's name
    
    Enter the name of the partnership using the keyword Partner-Name.tt, for purposes of Quebec Form CO-1029.8.21.22. The same name must also be entered in the keyword Name.re or Name-Partner.m within the RelatedParty group in order to allow the entry of other data pertaining to the partnership.
  7. Eligible-Centre : Name of eligible centre
    
    Use the keyword Eligible-Centre to enter the name of the eligible centre.
  8. Street.ta : Street of eligible centre
    
    Use the keyword Street.ta to enter the street of the eligible centre.
  9. City.ta : City of eligible centre
    
    Use the keyword City.ta to enter the city of the eligible centre.
  10. Province.ta : Province of eligible centre
    
    Use the keyword Province.ta to enter the province of the eligible centre.
  11. PostCode.ta : Postal code of eligible centre
    
    Use the keyword PostCode.ta to enter the postal code of the eligible centre.
  12. NEQ.ta : Quebec enterprise number of eligible centre
    
    Use the keyword NEQ.ta to enter the Quebec enterprise number of the eligible centre.
  13. Ident-Num.ta : Identification number of eligible centre
    
    Use the keyword Ident-Num.ta to enter the identification number of the eligible centre.
  14. Descr-ProjectDev : How products and services provided by eligible centre contributed to development of corporation's projects
    
    Describe how the products and services provided by the eligible CCTT or eligible LTC contributed to the development of the corporation's projects.
  15. TrainingActivity : Type of training activity
    
    Use the keyword TrainingActivity to specify the type of training activity related to an eligible liaison and transfer service.
  16. Service : Type of service
    
    Use the keyword Service to specify the type of eligible liaison and transfer service provided by the eligible CCTT or eligible LTC.
  17. Assistance.ta : Amount of assistance, benefit or advantage received
    
    Use the keyword Assistance.ta if you wish to enter assistance, benefit or advantage received or entitled to receive.
  18. Repayment.ta : Amount of repayment
    
    Use the keyword Repayment.ta to enter the tax credit in respect of any assistance, benefit or advantage that is related to attendance fees for eligible training activities or qualified fees paid in a previous taxation year and that was repaid in the year concerned.
7. In the Labour-Costs group, pertaining to Quebec Form TP-1086.R.23.12:
  1. Province.imm : Province of the immovable
    
    This is the province of the immovable for which the Quebec statement of labour costs is completed.
8. In the RelatedParty group, pertaining to federal Schedule 572:
  1. ON-Mfg-ExpLim : Expenditure limit allocated to associated corp - Schedule 572
    
    Based on the ON-Mfg-ExpLim amount entered, DT Max will calculate the filing corporation's expenditure limit for purposes of the Ontario made manufacturing investment tax credit. The amount to be allocated is a maximum of $20 million.
9. In the Qc-OtherInfo subgroup within the CharityReturn group, pertaining to Quebec Form TP-985.22:
  1. OfficialReceipt : Whether the charity issued an official receipt
    
    If the organization is a charity and has accepted a donation made on the explicit or implicit condition that it itself make a donation to a person, association, organization, circle or club that is not a qualified donee, has it issued an official receipt for this donation?
10. In the CharityReturn group, pertaining to federal Form T3010(24):
  1. Restrict-Funds : Amount of restricted funds
    
    Use the keyword Restrict-Funds to enter the value of the restricted funds held at the end of the fiscal period and the portion of the amount that the foundation was not permitted to spend due to a funder's written trust or direction.
  2. DAF : Whether charity held any donor advised funds during fiscal period
    
    Use the keyword DAF to indicate whether or not the charity held any donor advised funds (DAF) during fiscal period.
  3. Accounts-Held : Number of (DAF) accounts held at end of fiscal period
    
    Use the keyword Accounts-Held to enter the number of accounts held at the end of the fiscal period.
  4. DAF-Info : Amounts relating to donor advised funds
    
    Use the keyword DAF-Info to enter the amount for each of the specified options relating to donor advised funds.
Revised keywords
1. In the CCA-Class group, pertaining to federal Schedule 8, Quebec Form CO-130.A and Alberta AT1 Schedule 13:
  1. Date-In-Use : Date property became available for use
    
    Use the keyword Date-In-Use to indicate the date the property became available for use. This date is used for AIIP additions after 2023 to determine the relevant factor for purposes of federal Schedule 8, AT1 Schedule 13 and Quebec CO-130.A.
    
    This date is also used for DIEP additions for purposes of Quebec Form CO-130.AD.
  2. Date-In-Use.c : Date property became available for use
    
    Use the keyword Date-In-Use.c to indicate the date the property became available for use. This date is used for AIIP additions after 2023 to determine the relevant factor for purposes of federal Schedule 8, AT1 Schedule 13 and Quebec CO-130.A.
    
    This date is also used for DIEP additions for purposes of Quebec Form CO-130.AD.
  3. Portion-AIIP-QC : QC portion AIIP additions minus GST/PST/HST reb. (ITC/non-ITC) after Dec. 3, 2018 allowing additional deduction
    
    For Quebec purposes, enhancement of the harmonized accelerated investment incentive allows for the immediate full expensing of the cost of qualified intellectual property and general-purpose electronic data processing equipment where the property is acquired after December 3, 2018, and becomes available for use before 2024.
    
    For Classes 14.1, 44 and 50, use the keyword Portion-AIIP-QC to enter the Quebec portion of the accelerated investment incentive property additions minus the GST, PST, HST rebates that have been entered with the keywords Additions-AIIP, ITC-Addition-AIIP, or GSTPSTReb-AIIP that is qualified intellectual property and general-purpose electronic data processing equipment allowing for the full cost of the property to be deductible in the year it is available for use.
Deleted keywords
1. From the deleted Resource-Cr-Cf keyword group, pertaining to Quebec Form CO-1029.8.36.EM:
  1. Resource-Cr-CF: Non-refundable resource tax credit carried forward
  2. Amount-CF.res: Amount of the non-refundable resource tax credit carried forward
2. From the Resource-Type subgroup within the Resource-Tax-Cr group, pertaining to Quebec Form CO-1029.8.36.EM:
  1. Date-Incurred: Date the eligible expenses were incurred
3. From the CCA-Class group , pertaining to Quebec Form CO-130.B:
  1. CECA-Transf: CECA transferred on amalgamation or wind-up of a subsidiary
  2. NAL-TransfGain: Non-arm's length transferor's gain
New options
1. For the keyword Book-Publish , pertaining to Quebec Form CO-1029.8.36.EL:
  
  Quebec book publishing (after March 21, 2023)
2. For the keyword Tax-Inc-Ded in the NetIncome group, pertaining to Quebec Form CO-771:
  
  Implementation of a large investment project
3. For the keyword Prod-Info in the Cred-Film group, pertaining to Quebec Form CO-1029.8.36.XM:
  
  Application after March 21, 2023
4. For the keywords Taxable-Cap and Cap-Sub within the Part-I3-Inst group, pertaining to federal Schedule 38:
  
  Accumulated other comprehensive income
  Policyholders' liabilities
  90% of net contractual service margin
5. For the keyword Doc-ID :
  
  Sch 5 (Lines 524/842) NL all spend film and video cert
6. For the keyword ProvCreditOV , pertaining to federal Schedule 5:
  
  All spend film & video production tax credit - NFLD & Lab.
  Ontario made manufacturing ITC
7. For the keyword Account , pertaining to the Manitoba consent form (Authorization or Cancellation of a Representative):
  
  Insurance corporations tax (Manitoba)
8. For the keyword Account , pertaining to federal Form RC59 (Authorize and Cancel):
  
  LT Luxury Tax
  RU Underused housing tax
  ZA CERS, THRP, HHBRP
9. For the new keyword PrevYrInfo.v , pertaining to Quebec Form CO-1029.8.36.55:
  
  Tax credit from previous years
10. For the new keyword Vessel-TaxCr , pertaining to Quebec Form CO-1029.8.36.55:
  
  Construction of a vessel
  Conversion of a vessel
11. For the new keyword Eligible-Vessel , pertaining to Quebec Form CO-1029.8.36.55:
  
  Prototype vessel
  First vessel constructed or converted as part of prod. run
  Second vessel constructed or converted as part of prod. run
  Third vessel constructed or converted as part of prod. run
12. For the new keyword Expenditures , pertaining to Quebec Form CO-1029.8.36.55:
  
  Salaries/wages for plans and specifications - corp.
  Salaries/wages for construction/conversion - corp.
  Consideration for plans/specifications - NAL subcontract
  Consideration for construction/conversion - NAL subcontract
  Consideration for plans/specifications - AL subcontract
  Consideration for construction/conversion - AL subcontract
  Assistance/benefit - corp
  Assistance/benefit - NAL subcontract
  Assistance/benefit (plans/specifications) - AL subcontract
  Assistance/benefit (contruct./conversion) - AL subcontract
  Assistance/benefit - construction or conversion cost
  Repayment of assistance/benefit that reduced expenditure
  Repayment of assistance/benefit - cost
  Apparent payment - construction or conversion expenditures
  Apparent payment - construction or conversion cost
13. For the new keyword TechAdapt-TaxCr , pertaining to Quebec Form CO-1029.8.21.22:
  
  Technological adaptation services tax credit
14. For the new keyword Assistance.ta , pertaining to Quebec Form CO-1029.8.21.22:
  
  Assistance, benefit, advantage - fees for activity
  Assistance, benefit, advantage - fees for service
15. For the keyword Expenditures.c , pertaining to Quebec Form TP-985.22:
  
  Qualif. disbursements to donees
16. For the keyword Qc-OtherInfo , pertaining to Quebec Form TP-985.22:
  
  Accepted donation if donation then made to non-qual. donee
  Reduction granted (adjusted disbursement quota)
17. For the keyword Prev-Yr-Info.c , pertaining to federal Form T3010(24):
  
  Total amount accumulated on property
  Total amount spent on accumulated property
18. For the keyword Revenue.c , pertaining to federal Form T3010(24):
  
  Interest and investment income from impact investments
  Interest and investment income from NAL persons
19. For the keyword Assets.c , pertaining to federal Form T3010(24):
  
  Cash and bank accounts
  Short-term investments
  Land/buildings in Canada for charitable programs or admin.
  Land/buildings in Canada for other purposes
  Impact investments
20. For the new keyword DAF-Info , pertaining to federal Form T3010(24):
  
  Value of accounts held at end of fiscal period
  Donations to DAF accounts received during fiscal period
  Qualifying disbursements from DAFs during fiscal period
21. For the new keyword Restrict-Funds , pertaining to federal Form T3010(24):
  
  Restricted funds held at end of fiscal period
  Portion of restricted funds not permitted to spend
Revised options
1. For the keyword Book-Publish , pertaining to Quebec Form CO-1029.8.36.EL:
  
  Quebec book publishing (before March 22, 2023)
2. For the keyword Prod-Info in the Cred-Film group, pertaining to Quebec Form CO-1029.8.36.XM:
  
  Application before March 22, 2023
3. For the keyword Expenses.re within the Resource-Type subgroup of the Resource-Tax-Cr group, pertaining to Quebec Form CO-1029.8.36.EM:
  
  Oil/gas wells - exp. incurred before April 1, 2023
  Mineral resources - exp. incurred before April 1, 2023
  Other oil/gas wells - exp. incurred before Apr. 1, 2023
  Other mineral res. - exp. incurred before April 1, 2023
4. For the keyword Hours-Employees.h within the CorpHistory group, pertaining to Quebec Form CO-771:
  
  Total number of hours paid for employees in prior year
5. For the keyword AIIP in the CCA-Class group, pertaining to federal Schedule 8, Alberta AT1 Schedule 13 and Quebec Form CO-130.A:
  
  Same additional first-yr CCA for all jurisdictions
  Same additional first-yr CCA Fed & AB/Intellectual prop. QC
6. For the keyword Revenue.c , pertaining to federal Form T3010(24):
  
  Interest and investment income received or earned
7. For the keyword Assets.c , pertaining to federal Form T3010(24):
  
  Cash, bank accounts and short-term investments
Deleted options
1. From the keyword Prod-Info in the Cred-Film group, pertaining to Quebec Form CO-1029.8.36.XM:
  
  Application before March 28, 2018
2. From the keyword Que-Credits , pertaining to the Quebec CO-17 return:
  
  Mineral resources
3. Along with the deleted keyword Date-Incurred, pertaining to Quebec Form CO-1029.8.36.EM:
  
  Before June 5, 2014
  After June 4, 2014
  After June 4, 2014 & before Mar 18 2016 (Near/Far North)
  After March 17, 2016 (Near/Far North)
4. From the keyword NR-Ins-Corp in the Part-I3-Inst group, pertaining to federal Schedule 35:
  
  Deferred acquisition expenses

December 19, 2023

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In this version...

For DT Max T1 and T2

Mandatory efiling criteria

Better data migration to Onvio

Improved performance when linking clients (or, for T2, clients and signing officers) to Onvio

DT Max T1

Program certification

Version highlights

New mandatory disclosure rules in effect (Royal Assent received on June 22, 2023)

Federal

Multigenerational Home Renovation Tax Credit

Tax-Free First Home Savings Account (FHSA)

New CCA classes

Residential Property Flipping Rule

Canada Workers Benefit advance payments

Quebec

Sending notifications by text message or email

Consent to email communications only

Teleworking expenses due to the COVID-19 crisis

Work premium tax credits

Amount for a person living alone

Quebec prescription drug insurance plan

Balance due

Reduction in rates for certain tax credits and enhancement of certain amounts

Reduction in the rate applicable to the calculation of the tax credit for volunteer firefighters and the tax credit for search and rescue volunteers

Enhanced non-refundable tax credits for volunteer firefighters and search and rescue volunteers

Reduction in the rate applicable to the calculation of the first-time home buyers' tax credit

Refundable tax credit for childcare expenses

Increase in the housing component of the refundable solidarity tax credit

British Columbia

New clean buildings tax credit

New renter's tax credit

Yukon: Rebates for mining businesses after January 1 , 2023

New forms

Revised forms

Deleted forms

New diagnostics

Notes and diagnostics

Ineligible for federal EFILE

New keywords

Deleted keywords

New options

Deleted options

Changes pertaining to the client letter

New variables

Deleted variables

New paragraphs

Preliminary status advisory

DT Max references (links to our Knowledge Base)

DT Max T2

Program certification

Version highlights

Known issues fixed in version 27.01

Incorrect amount on line 34 of the CO-771.1.3.AJ

Notes and diagnostics page

Federal Schedule 32 and Form T1174: Increase of pensionable earnings

Two versions of Form T3010: T3010(23) and T3010(24)

RELATEDPARTY keyword group: Importing client information

Registration fee for the enterprise register (REQ) (Quebec line 441b)

CO-1029.8.33.6: New keyword for data entry

Automobile deduction limits and expense benefit rates/Immediate expensing deduction: Updated message from government authorities

Automobile deduction limits and expense benefit rates

Immediate expensing deduction