Warning message "Missing DATERECEIVED in INCOMESOURCE - DT Max will use the fiscal year-end"

Program(s) affected: T2 Document created: 04 01, 2016 Tax year(s): 2015 Document last modified: Version(s): 19.17 Problem status: Pending

For a tax year-end in 2015, DT Max is generating the warning message "Missing DATERECEIVED in INCOMESOURCE - DT Max will use the fiscal year-end." when the keyword DATERECEIVED is not entered in the INCOMESOURCE group for dividends received and subject to Part IV tax. Is this accurate?

No, instead of using the fiscal year-end when the keyword DateReceived is not entered, DT Max assumes the dividends are received after 2015 and therefore subject to the Part IV tax rate of 38 1/3%.

To avoid this situation, please enter a date for the keyword DateReceived .

Note: For a tax year-end after 2015, the warning message is accurate.