  What's new for T1/T3/T5013 Internet version 29.10? |
The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2014 to 2025 inclusively and fully supports T1/TP-1 EFILE. It also features the T3/TP-646 program for the tax years ending from 2014 to 2025 inclusively as well as the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending in 2026. Installing this version will update your version of DT Max to 29.10.
Please note that all program versions are made available on the Internet.
In this version...
For DT Max T1, T3 and T5013
- MR-69 - Authorization to communicate information or power of attorney
DT Max T1
- Version highlights
- Quebec Tax Data Download now available in DT Max
- CRA's NOA service decommissioned
- Exchange rates and other prescribed rates
- Authorized medical practitioners for the purposes of the medical expense tax credit
- The new Canada Groceries and Essentials Benefit
- CRA services - If your marital status has changed
- Return of fuel charge proceeds to farmers tax credit
- Important CRA Message on the Authorize-A-Representative Web Service
- Known issue
- Carryforward of net capital losses on precious property in Quebec
- Revised forms
- Deleted forms
- New keywords
- Deleted options
- Changes pertaining to the client letter
- New variables
DT Max T3
- Program certification
- Version highlights
- Changes in the income tax rate
- T3 Slip - Statement of Trust Income Allocations and Designations
- Requirement to report foreign property in Quebec
- New forms
- Revised forms
- Forms under review
- Deleted forms
- New keywords
- New options
DT Max T5013
- Program certification
- Version highlights
- Increase of the ceiling for CCA for passenger vehicles
- New forms
- Revised forms
- New keywords
- New options
For DT Max T1, T3 and T5013
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MR-69 - Authorization to communicate information or power of attorney
We have been asked by Revenu Québec to remind tax preparers of the following items with respect to the MR-69 e-submission web service:
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PDF documents should not be protected by password or otherwise (e.g. PDF/A);
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A user should not add handwritten information on the mandate, as this invalidates the data barcode;
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Revenu Québec's My Account for professional representatives (MAPR) portal should not be used to file MR-69 forms produced by the DT Max software.
DT Max T1
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Version highlights
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Quebec Tax Data Download now available in DT Max
Please note that our Quebec Tax Data Download service module has now been certified by Revenu Québec and is available in version 29.10 of DT Max, starting February 23, 2026, for the delivery of 2025 tax year data. As of this date, the delivery of tax data will continue to be available for the 2024, 2023, and 2022 tax years. However, only the power of attorney (MR-69) will allow the preparer to be authenticated in previous years since the Download Code will only be usable in the current year.
The following information has been added by Revenu Québec to the Data available for download for the 2025 tax year and subsequent years:
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The indicator for the status of a non-dependent senior (TPZ-1029.MD.A) is now available in the download, along with the start date. This information will help determine the actual amount of the home-support credit to which a non-dependent senior is entitled.
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The impairment certificate indicator, which confirms the presence of a valid TP-752.0.14 form, may help identify the tax credits and deductions the person may be eligible for. For more information, consult the guide Taxation and Persons with Disabilities (IN-132). Note that the disability attestation indicator is provided based on the downloaded tax year, not the current date.
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Box H of RL-24 is transmitted when the value is an identifier other than a SIN.
For more information on this feature, please consult the Quebec Tax Data Download and the Procedure to download tax data from Revenu Québec documents, available in our knowledge base.
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CRA's NOA service decommissioned
The CRA has decided to decommission the notice of assessment (NOA) service in tax software for all future and prior tax years, effective February 2026.
Please note that the notices of assessment and reassessment will continue to be available through My Account or Represent a Client for authorized representatives, immediately after the CRA receives and processes a return.
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Exchange rates and other prescribed rates
Please note that the exchange rate used by default for the conversion of US dollar amounts to Canadian currency has been updated in DT Max according to the latest information available on the Bank of Canada's website.
The wording in the drop-down menu options for the keyword Exchange.t has also been updated to display the 2025 annual average exchange rates for each country, according to information published by the Bank of Canada.
In addition, the rates for meal and vehicle expenses that are used in the calculation of travel expenses have also been updated.
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Authorized medical practitioners for the purposes of the medical expense tax credit
Here are the latest changes:
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Podiatrist (podiatric surgeon, doctor of podiatric medicine) now authorized in Nova Scotia (effective April 1, 2024)
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Social service worker (registered social service worker) now authorized in Ontario (effective December 30, 2017)
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Behaviour analyst now authorized in Ontario (effective July 1, 2024)
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Psychologist (registered (chartered) psychologist, registered (chartered) psychologist holding a doctorate) now authorized in Yukon (effective February 1, 2025)
Consult the CRA's list of Authorized medical practitioners for the purposes of the medical expense tax credit for more details.
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The new Canada Groceries and Essentials Benefit
The Canada Groceries and Essentials Benefit, will be indexed to inflation, and builds on the existing Goods and Services Tax (GST) Credit and provide $11.7 billion in additional support over six years by:
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providing a one-time top-up payment to be paid as early as possible this spring and no later than June 2026 (subject to Royal Assent) - equal to a 50% increase in the annual 2025-26 value of the GST Credit.
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increasing the value of the Canada Groceries and Essentials Benefit by 25% for five years starting in July 2026 (subject to Royal Assent).
Please refer to the CRA's backgrounder for details.
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CRA services - If your marital status has changed
You must tell the CRA about your new marital status by the end of the following month after your status changed. A change in your marital status during the taxation year may affect your entitlement to credits, and how your income is reported.
If your marital status changed in 2025 and you have not informed the CRA as requested, enter the date of the change on page 1 of your return. The CRA will recalculate your benefits and credits based on your new marital status to determine whether you have been overpaid or underpaid.
To learn more about changing your marital status, go to canada.ca/cra-marital-status.
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Return of fuel charge proceeds to farmers tax credit
As of April 1, 2025, the fuel charge no longer applies. Because of this change, the return of fuel charge proceeds to farmers tax credit for the 2024-2025 fuel charge year will be the last one available. Although a payment rate for the 2025 calendar year was previously announced, it has now been set to zero. This means no credit will be available for farming expenses incurred in 2025. However, the credit continues to be available to graduated rate estate (GRE) trusts and individuals who are members of a partnership.
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Important CRA Message on the Authorize-A-Representative Web Service
As part of the Canada Revenue Agency's (CRA) ongoing commitment to improve service delivery by making it faster, easier, and more secure, we would like to notify you of changes planned for July 2025 that impact the Authorization service in the EFILE software for Individuals (T1).
Starting July 15, 2025, all EFILE authorization requests for Individuals will be rejected by the CRA. An error message, T864, will be returned to the user, advising them to use the authorization service in Represent a Client instead.
EFILERs will still be able to use Auto-fill My Return, however, the access step in Represent a Client must be completed first.
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Known issue
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Revised forms
Federal
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T1 Condensed - Income Tax and Benefit Return for Non-Residents and Deemed Residents of Canada
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T1A - Request for Loss Carryback
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RC381 - Inter-Provincial Calculation for CPP and QPP Contributions and Overpayments
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In Part 4 - CPP contributions on self-employment income and other earnings when you also have employment income (for residents of a province or territory other than Quebec), new lines 17A, 25A and 35A were added.
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In Part 5 - QPP contributions on self-employment income and other earnings when you also have employment income (for residents of Quebec), new lines 16A and 33A were added.
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T1170 - Capital Gains on Gifts of Certain Capital Property
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T1234 - Allowable Amount of Federal and Provincial or Territorial Non-Refundable Tax Credits
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Applying net capital losses of other years to 2025
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T776 - Statement of Real Estate Rentals
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T936 - Calculation of Cumulative Net Investment Loss (CNIL) to December 31, 2025
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Line 17 of Part 3 takes the amount from line 17218 of the T2048.
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Line 2 of Chart A takes the amount from line 17215 of the T2048.
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Line 12 of Chart A takes the amount from line 17216 of the T2048.
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T2125 - Statement of Business or Professional Activities
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T2121 - Statement of Fishing Activities
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T2042 - Statement of Farming Activities
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T2017 - Summary of Reserves on Dispositions of Capital Property
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T2048 - Capital Gains Deduction for Qualifying Business Transfers or Qualifying Cooperative Conversion
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New Part 4 - Allocation of amounts has been added.
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New Part 5 - Amounts to report has been added.
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New Chart A - Net investment loss of the year has been added.
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New List of other investment expenses and other property income has been added.
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T657 - Calculation of Capital Gains Deduction
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In Step 1 - Calculate your annual gains limit for 2025:
– Line 6 takes the amount from line 17216 of Form T2048.
– Line 11 takes the amount from line 17215 of Form T2048.
– New line 18 takes the amount from line 17217 of Form T2048.
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In Step 2 - Calculate your cumulative gains limit for 2025, new fields have been added to the calculation of the total allowable business investment losses claimed after 1984 and before 2025.
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In Chart 2024 - Capital gains deduction:
– For Period 1 - Capital gains from the disposition of capital property from January 1 to June 24, 2024, line J takes the portion of the amount from line 17216 of Form T2048 in respect of a reserve for a property disposed of in Period 1 of 2024.
– For Period 2 - Capital gains from the disposition of capital property from June 25 to December 31, 2024, line J takes the portion of the amount from line 17216 of Form T2048 in respect of a reserve for a property disposed of in Period 2 of 2024.
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In Chart 2025 - Capital gains deduction:
– Addition of Part 1 regarding dispositions occurred in Period 1 of 2024.
– Line L takes the portion of the amount from line 17216 of Form T2048 in respect of a property disposed of in 2025 or in Period 2 of 2024 but reported on a 2025 T5013 slip.
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T691 - Alternative Minimum Tax
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T778 - Child Care Expenses Deduction
Quebec
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TP-232.1 - Business Investment Loss
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Schedule G - Capital Gains and Losses
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TP-726.6 - Cumulative Net Investment Loss
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TP-772 - Foreign Tax Credit
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Line 21.1 was added to Part 2 - Income for the taxation year for the purposes of determining the credit.
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Line 36.1 was added to Part 3.1 - Foreign income tax giving entitlement to the credit.
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Line 52.1 was added to Part 3.2 - Foreign income and credit.
In-house forms
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Foreign income diagnostics
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T776 - Real Estate Rental Summary
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TP-128 - Rental of Immovable Property Summary
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Medical expenses checklist for 2025
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Estimated Calculation for the Solidarity Tax Credit
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Estimated Calculation for the Family allowance measure (Quebec)
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Estimated Ontario Trillium Benefit (OTB) and the Ontario Senior Homeowners' Property Tax Grant (OSHPTG)
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Estimated Saskatchewan Low-Income Tax Credit
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Estimated Newfoundland and Labrador Income Supplement and Seniors' Benefit
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Estimate of the Canada Groceries and Essentials Benefit (ECGEB)
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Estimated Calculation for the Canada Child Benefit (CCB)
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Canada training credit limit for 2026
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Deleted forms
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New keywords
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In the FHSA keyword group, pertaining to federal Schedule 15:
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Prior-FHSA-limit-F : Variable "F" amount of your annual FHSA limit for prior year [Sch. 15 L.34]
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Prior-FHSA-limit-H : Variable "H" amount of your annual FHSA limit for prior year [Sch. 15 L.28]
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In the Foreign-Info keyword group, for the keyword Settlor-Name , pertaining to federal forms T1141 and T1142:
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SupportingDoc-A : Do you have any supporting documents relating to any of the information reported in Section A?
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In the Foreign-Info keyword group, for the keyword Trustee-NR , pertaining to federal forms T1141 and T1142:
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SupportingDoc-B : Do you have any supporting documents relating to any of the information reported in Section B?
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In the Foreign-Info keyword group, for the keyword Trust-Party , pertaining to federal form T1141:
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SupportingDoc-C : Do you have any supporting documents relating to any of the information reported in Section C?
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In the Foreign-Info keyword group, for the keyword Type-Transfer , pertaining to federal form T1141:
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SupportingDoc-D : Do you have any supporting documents relating to any of the information reported in Section D?
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In the Foreign-Info keyword group, for the keyword Indebtedness , pertaining to federal form T1142:
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SupportingDoc-C : Do you have any supporting documents relating to any of the information reported in Section C?
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Deleted options
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From the keyword Info-QBT-QCC , pertaining to federal form T657:
Any other investment expenses claimed in 2024 (Chart A L.6)
Any other property income reported in 2024 (Chart A L.14)
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Changes pertaining to the client letter
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New variables
Quebec
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%484 Quebec - Cryptoassets (line 24) [1=Yes, 0=No]
DT Max T3
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Program certification
DT Max T3 is certified under the following authorization numbers:
Paper filing
Quebec schedules: RQFI-2502
Quebec slips: FS2516035
MR-69: RQ19-MR69-201911-FI001
Electronic filing
Quebec RL-16 slip: RQ-25-16-029
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Version highlights
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Changes in the income tax rate
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The lowest federal income tax rate has decreased from 15% to 14%, effective July 1, 2025.
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For graduated rate estates (GRE) and qualified disability trusts (QDT), the rate for gifts up to $200 has decreased from 15% to 14.5%.
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Only 80% of the charitable donation tax credit can be used to offset Alternative Minimum Tax (AMT) liability (previously 100%).
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T3 Slip - Statement of Trust Income Allocations and Designations
The T3 Slip has undergone major modifications concerning the reporting of capital gains.
In 2025, the special capital gains Period 1 and Period 2 reporting no longer applies. As such, many of the boxes, as outlined below, have been eliminated. However a new footnote is required to state whether any dispositions of qualified small business corporation shares (QSBCS) or qualified farm or fishing property (QFFP) occurred before or after June 25, 2024. In order to specify the period in which these dispositions occurred, new options have been added to the keyword Footnotes within the Beneficiary group.
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Requirement to report foreign property in Quebec
For taxation years ending after December 30, 2025, all trusts that reside in Quebec (including non-resident trusts that are deemed resident in Canada and that are subject to Quebec income tax) must report property held outside Canada if both of the following conditions are met:
– the property is designated foreign property;
– the total cost of the property exceeded CAD $100,000 at any time during the taxation year.
To report the trust's designated foreign property, the Foreign Property Return (TP-1079.8.BE-V) must be completed.
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New forms
Quebec
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TP-80.AP - Farming or Fishing Income and Expenses
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TP-1079.8.BE - Foreign Property Return
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TP-1079.8.BE Supplement - Foreign Property Return Supplementary
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Revised forms
Federal
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T3 Trust Income Tax and Information Return
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In Step 1 - Identification and other information, new questions have been added:
– Question 18 pertaining to paragraph 150(1.2)(b.1).
– Question 19 relating to the purpose of the trust and whether the trust holds property for a specific reason.
– Question 20 whether the trust is for the benefit of indigenous groups under subparagraph 127.55(f)(viii) or 127(f)(ix).
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In Step 3 - Calculating net income, the following lines have been removed:
– Lines 252 and 251 - Business investment losses
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In Step 5 - Summary of tax and credits, the following new lines have been added:
– Line 74 - Manitoba cultural industries printing tax credit
– Line 75 - Manitoba rental housing construction incentive tax credit
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Schedule 1 - Disposition of Capital Property
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All references, sections and lines for Period 1 - Dispositions on or before June 24, 2024 have been removed.
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Line 24 now includes capital gains from certain dispositions of an interest in a partnership subject to 100% inclusion rate.
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Schedule 1A - Capital Gains on Gifts of Certain Capital Property
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All references, sections and lines for Period 1 - Gifts made on or before June 24, 2024 have been removed.
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New line 5 was added for the deemed capital gains on donations of flow-through shares.
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Schedule 2 - Reserves on Disposition of Capital Property
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Schedule 3 - Eligible Taxable Capital Gains
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Schedule 4, Cumulative Net Investment Loss
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Schedule 7 - Pension Income Allocations and Designations
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Schedule 8 - Investment Income, Carrying Charges, and Gross-Up Amount of Dividends Retained by the Trust
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Schedule 9 - Income Allocations and Designations to Beneficiaries
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Part C - Summary of Period 1 and Period 2 amounts designated to beneficiaries has been removed, and as a result:
– Lines 921-1A, 921-1B, 930-1A, 930-2A, 937-1 and 937-2 have all been deleted.
– Lines 930-1B and 930-2B are now included in Part B.
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Modified notes now reflect the changes to the capital gain.
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Schedule 10 - Part XII.2 Tax, Part XIII Non-Resident Withholding Tax,and Part II.2 Tax on Repurchases of Equity
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Schedule 11 - Federal Income Tax
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Schedule 11A - Donations and Gifts Tax Credit Calculation
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Schedule 12 - Minimum Tax
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Line references were updated to reflect the changes in the tax return and the schedules.
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New line 6 was added to capture the amount of deemed capital gains on donations of flow-through shares from Schedule 1A.
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New line 35 was added for investment counsel fees under paragraph 20(1)(bb).
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A note was added stating that, under proposed changes, a trust for the benefit of indigenous groups under subparagraph 127.55(f)(viii) or (f)(ix) are exempt from minimum tax.
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In Chart 3 - Calculating Provincial and Territorial Minimum Tax, the provincial minimum tax rate was changed for Newfoundland and Labrador to 60% and for British Columbia to 34.9%.
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Schedule 15 - Beneficial Ownership Information of a Trust
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2025 federal and provincial tax calculation forms
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T3AB - Alberta Tax
– For 2025 and subsequent taxation years, the Government of Alberta has announced the addition of a new tax bracket (8% for the first $60,000 of income) for Graduated Rate Estates (GRE) and Qualifying Disability Trusts (QDT).
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T3BC - British Columbia Tax
– The minimum tax credit calculation has been modified to reflect the changes in the federal lowest tax rate of 14.5% for 2025.
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T3MB - Manitoba Tax
– For the 2025 tax year, the indexation of the tax bracket thresholds to inflation will be frozen.
– Line 16 pertaining to Family tax benefit has been removed.
– Two new credits, Manitoba cultural industries printing tax credit and Manitoba rental housing construction incentive tax credit can be claimed on the federal T3 return.
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T3NL - Newfoundland and Labrador Tax
– The minimum tax credit calculation has been modified to reflect the changes in the federal lowest tax rate of 14.5% for 2025.
– Minimum tax carryover rate was updated from 58% to 60%.
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T3NS - Nova Scotia Tax
– The dividend tax credit rate for other than eligible dividends has decreased from 2.99% to 1.5%, which is 11.50% of the federal gross-up amount.
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T3ON - Ontario Tax
– Minimum tax carryover rate was updated from 33.67% to 24.63%.
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T3YT - Yukon Tax
– New calculation for line 19, Minimum tax carryover.
Please refer to the DT Max knowledge base link below for additional details on the new federal and provincial tax brackets:
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NR4 - Statement of Amounts Paid or Credited to Non-Residents of Canada
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NR4 Summary - Summary of Amounts Paid or Credited to Non-Residents of Canada
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T3 - Statement of Trust Income Allocations and Designations
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References to the period after June 24, 2024, have been removed for the following boxes:
– Box 55 - Capital gains eligible for deduction from the disposition of QFFP: new footnote is required to state whether the dispositions occurred before June 25, 2024, or after June 24, 2024.
– Box 57 - Capital gains eligible for deduction from the disposition of QSBCS: new footnote is required to state whether the dispositions occurred before June 25, 2024, or after June 24, 2024.
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The following boxes have been removed from the T3 slip for 2025:
– Box 52 - Capital gains from dispositions before June 25, 2024
– Box 53 - Capital gains from dispositions after June 24, 2024
– Box 54 - Capital gains eligible for deduction from dispositions of QFFP before June 24, 2024
– Box 56 - Capital gains eligible for deduction from dispositions of QSBCS before June 24, 2024
– Box 58 - Insurance segregated fund net capital loss before June 24, 2025
– Box 59 - Insurance segregated fund net capital loss after June 24, 2024
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T3A - Request for Loss Carryback by a Trust
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T3-ADJ - T3 Adjustment Request
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T3APP - Application for Trust Account Number
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T3-DD - Direct Deposit Request for T3
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T3FFT - T3 Federal Foreign Tax Credits for Trusts
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T3PFT - T3 Provincial or Territorial Foreign Tax Credit for Trusts
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T3M - Environmental Trust Income Tax Return
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T3P - Employees' Pension Plan Income Tax Return
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T3PRP - T3 Pooled Registered Pension Plan Tax Return
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T3QDT - Joint Election for a Trust to be a Qualified Disability Trust
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T3QDT-WS - Recovery Tax Worksheet
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T3-RCA - Retirement Compensation Arrangement (RCA) Part XI.3 Tax Return
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T3S - Supplementary Unemployment Benefit Plan Income Tax Return
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T183 - Information Return for Electronic Filing of a Trust Return
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T184 - Capital Gains Refund to a Mutual Fund Trust
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T776 - Statement of Real Estate Rentals
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T1055 - Summary of Deemed Dispositions
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References to Periods 1 and 2 have been removed.
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T1079 - Designation of a Property as a Principal Residence by a Personal Trust
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T1079-WS - Principal Residence Worksheet
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T1139 - Reconciliation of 2025 Business Income for Tax Purposes
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T1163 - 2025 Statement A - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals
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T1164 - 2025 Statement B - AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations
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T1175 - 2025 Farming - Calculation of Capital Cost Allowance (CCA) and Business-Use-of-Home Expenses
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T1229 - Statement of Resource Expenses and Depletion Allowance
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T1273 - Statement A - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Individuals
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T1274 - Statement B - Harmonized AgriStability and AgriInvest Programs Information Statement of Farming Activities for Additional Farming Operations
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T2000 - Calculation of Tax on Agreements to Acquire Shares (section 207.1(5) of the Income Tax Act)
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T2038 - Investment Tax Credit (Individuals)
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T2042 - Statement of Farming Activities
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T2043 - Return of Fuel Charge Proceeds to Farmers Tax Credit
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In Part 2 - Return of fuel charge proceeds to farmers tax credit (one designated province per farming business), all farming expenses should be reported from amount 8 of Chart A.
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In Chart A - Gross farming expenses, new lines 7 and 8 have been added.
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In Chart B - Calculation of eligible farming expenses allocated to a designated province, new rows 10 and 11 have been added.
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In Chart C - Return of fuel charge proceeds to farmers tax credit (farming business in more than one province or territory, and at least one province is a designated province), eligible farming expenses should be reported from row 11 of Chart B.
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T2121 - Statement of Fishing Activities
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T2125 - Statement of Business or Professional Activities
Quebec
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TP-646 - Trust Income Tax Return
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In Section 1 - Information about the trust:
– Box 9, Language of communication, has been removed.
– Box 31.1, new question regarding whether the trust holds designated foreign property whose total cost exceeds CAD $100,000.
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In Section 2 - Net income and taxable income:
– Lines 53.1, 53.2 and 53.3 pertaining to the capital gains reduction have been removed.
– Lines 69a and 69b, Business investment loss before June 25, 2024, and after June 24, 2024, have been removed.
– Line 98.2, Adjustment of the capital gains reduction, has been removed.
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In Section 3 - Income tax payable:
– The 2025 tax brackets and the donations tax credit threshold have been updated.
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In Section 5 - Additional information about the trust:
– New section 5.41 was added requesting information on beneficiaries who are not known or cannot be identified.
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Schedule A - Taxable Capital Gains and Designated Net Taxable Capital Gains
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Schedule A has been reformatted to reflect the changes to the capital gains for 2025.
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In Section 1, under Shares involved in a qualifying business transfer or a qualifying cooperative conversion:
– Box 203.1 was added to indicate an Employee ownership trust.
– Box 203.2 was added in the case of a Worker cooperative corporation.
– Addition of field 203.7 to enter the Quebec enterprise number (NEQ) of the worker cooperative corporation.
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Schedule B - Investment Income, Gross-Up of Dividends Not Designated and Adjustment of Investment Expenses
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Schedule C - Summary of Allocations and Designations
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In Section 3 - Designated amounts to be entered in the blank boxes of the RL-16 slip, references to capital gains realized before June 25, 2024, or after June 24, 2024, have been removed.
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Schedule D - Carry-Back of a Loss
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Schedule E - Income Tax on the Taxable Distributions Amount and Calculation of Eligible Dividends to Be Designated
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Schedule F - Income Tax Payable by a Specified Trust for a Specified Immovable
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In Section 5 - Net rental income (or net rental loss) before capital cost allowance, lines were added regarding the short-term rental portion for income and expenses.
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In Section 8 - Non-compliant short-term rental expenses, new information is required on the portion of total expenses and CCA related to non-compliant short-term rentals.
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TP-646.W - Keying Summary for the Trust Income Tax Return
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TP-646.X - Keying Summary for Schedules A and F of the Trust Income Tax Return
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TP-646.Y - Keying Summary for Forms TP-80, TP-80.AP, TP-128.F, TP-21.4.39, TP-274.F and TP-1079.8.BE filed with the Trust Income Tax Return
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TP-646.Z - Keying Summary for Forms Filed with the Trust Income Tax Return
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RL-16 Slip - Trust Income
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TP-21.4.39 - Cryptoasset Return
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On page 1, a new line 1 has been added to indicate whether the return amends a previous one.
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In Part 1 - Information about the taxpayer, lines 26 and 27 pertaining to the contact person have been deleted.
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In Part 4.1, the capital gains (or losses) from cryptoassets no longer make reference to those realized before June 25, 2024, and those realized after June 24, 2024.
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In Part 4.3, property income (or losses) from cryptoassets must now be entered.
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Revenu Québec has removed Section 6.1 for Rental income (or losses) from cryptoassets.
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TP-80 - Business or Professional Income and Expenses
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TP-80.1 - Calculation of Business or Professional Income, Adjusted to December 31
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TP-128.F - Income Earned by a Trust From the Rental of Immovable Property
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In Part 3 - Net rental income (or net rental loss) before capital cost allowance:
– Addition of line 10.1 relating to short-term rental income included in line 10.
– Addition of column C, Portion of short-term rental expenses.
– Addition of lines 23.1 and 23.2.
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A new Part 5 - Non-compliant short-term rental expenses has been added for this year.
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In Part 6 - Capital cost allowance, the calculation of the capital cost allowance was modified.
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TP-274.F - Designation of Property as a Principal Residence of a Personal Trust
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TP-646.R - Request for an Adjustment to a Trust Income Tax Return
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TP-653 - Deemed Sale Applicable to Certain Trusts
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TP-668.1 - Taxable Capital Gains of a Trust That Give Entitlement to a Deduction
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TP-750 - Income Tax Payable by a Trust Resident in Québec That Carries On a Business in Canada, Outside Québec, or by a Trust Resident in Canada, Outside Québec, That Carries On a Business in Québec
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TP-768.1 - Recovery Tax Qualified Disability Trust
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TP-772 - Foreign Tax Credit
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TP-776.42.F - Alternative Minimum Tax of a Trust 2025
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TP-1012.B - Carry-Back of a Deduction or Tax Credit
In-house forms
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Allocation of Expenses - Federal and Quebec
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Beneficiary Income Allocation - Federal and Quebec
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Assembly Instructions
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Client Invoice
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When Automatic billing setup is selected in Preferences, options were added for the following new forms:
– TP-1079.8.BE - Foreign Property Return
– TP-80.AP - Farming or Fishing Income and Expenses
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Options were removed for the following forms:
– Schedule A.1 - Election for Certain Trusts Regarding Taxable Capital Gains
– T2042(Q) - Statement of Farming Activities
– T2121(Q) - Statement of Fishing Activities
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Schedule of Allowable Business Investment Loss, 2025 (ABIL) (Federal and Quebec)
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Forms under review
Federal
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T1141 - Information Return in Respect of Contributions to Non-Resident Trusts, Arrangements, or Entities
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In Section 1 - Reporting person information, fields were added regarding joint filed election.
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In Section A - Identification of the non-resident trust, arrangement, or entity:
– New fields have been added to the identification.
– The settlor section has been moved to Section A with an addition of two new columns.
– New question for the supporting documents has been added.
– Addition of some questions to answer regarding the non-resident trust.
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In Section B - Decision making information regarding the non-resident trust, arrangement, or entity, a new question for the supporting documents has been added.
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In Section C - Beneficiaries of the non-resident trust, arrangement, or entity, a new question for the supporting documents has been added.
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In Section D - Information on transactions and balances:
– New columns were added under the contributions and distributions.
– New question for the supporting documents has been added.
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In Section F - Attachments, checkboxes have been added for the supporting documents included with the form.
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T1142 - Information Return in Respect of Distributions from and Indebtedness to a Non-Resident Trust
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In Section A - Identification of the non-resident trust:
– A table was added regarding information about the settlor(s).
– Some questions were added regarding the non-resident trust.
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In Section B - Distributions from the non-resident trust:
– New column added regarding taxable Canadian property, under Property other than funds distributed.
– A question was added regarding supporting documents.
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In Section C - Indebtedness to the non-resident trust:
– A question was added regarding supporting documents.
– A field was added to enter the non-resident tax account number.
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New Section D - Attachments.
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Deleted forms
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New keywords
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In the subgroup Business-Id of the Business keyword group, when the option "T2121 - Fishing" is selected:
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Captain-Name : Name of the captain (use for sharesperson)
Indicate the name of the captain (use for sharesperson).
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In the subgroup Business-Id of the Business keyword group, when the option "T2125 - Business" is selected:
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CITQ-Number : Registration number from the CITQ (123456)
This is the registration number from the CITQ. Under the registration requirements set out in the Tourist Accommodation Act and the Tourist Accommodation Regulation, you must have a registration number from the Corporation de l'industrie touristique du Québec (CITQ) if you offer accommodation to tourists for periods not exceeding 31 days. Operators must provide their registration certificate to transactional digital accommodation platforms if they wish to use their services and display their establishment for rentals of less than 31 days.
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In the subgroup Business-Id of the Business keyword group, when the option "T776 - Rental" is selected:
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Short-Term-Amt : Amount of the short-term portion if applicable and IF DIFFERENT
Amount of the short-term portion if applicable and IF DIFFERENT.
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In the Foreign-Info keyword group, pertaining to the new Quebec form TP-1079.8.BE:
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Form-TP1079-8-BE : Whether QC form TP-1079.8.BE should be completed
Use the keyword Form-TP1079-8-BE to indicate whether the Quebec form TP-1079.8.BE should be completed.
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In the File-BenOwnership keyword group, pertaining to the beneficiary information on Quebec TP-646 return:
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Unknown-Entity : Details for beneficiaries that cannot be listed
Use the keyword Unknown-Entity to provide the details of the terms of the trust that extends the class of beneficiaries to unknown entities.
Provide relevant information regarding any beneficiaries that cannot be listed by name because they are unknown at the time of filing the trust return.
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In the subgroup Type.cg of the CapitalProp keyword group, pertaining to Quebec Schedule A:
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Coop-Conversion : Whether shares are involved in a qualifying cooperative conversion
Use the keyword Coop-Conversion to indicate whether the shares involved relate to a qualifying cooperative conversion. This information will be captured on Quebec Schedule A.
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WorkerCoop-NEQ : Quebec enterprise number (NEQ) of the worker cooperative corp.
Use the keyword WorkerCoop-NEQ to enter the Quebec enterprise number of the worker cooperative corporation. This information will be captured on Quebec Schedule A.
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In the Cap-Reserves keyword group, pertaining to Quebec Schedule A:
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Type.res : Type of capital property
Use the keyword Type.res to indicate whether the capital reserve pertains to shares involved in a qualifying business transfer or a qualifying cooperative conversion.
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In the subgroup Trust-Info of the Trust keyword group, pertaining to Quebec form TP-21.4.39:
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Amended-Return : Whether this return amends a previous one
Use the keyword Amended-Return to check the box on Quebec Schedule TP-21.4.39, Cryptoasset Return, to indicate whether this return amends a previous one.
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In the subgroup Gift.cg of the CapitalProp keyword group, pertaining to federal Schedule 1A:
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DeemCapGain-FTS : Deemed capital gains on the donation of flow-through shares
Use the keyword DeemCapGain-FTS to enter the total of deemed capital gains on the donation of flow-through share (FTS) class of property included on Schedule 1. This amount will be captured on Schedule 1A, Capital Gains on Gifts of Certain Capital Property.
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New options
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For the keyword Trust-Type , pertaining the T3 trust income tax return and the TP-646 trust return:
Employee ownership trust (EOT)
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For the keyword Trust-Info , pertaining to the new questions on the T3 trust income tax return:
Asset value under par.150(1.2)(b.1/b) under $250,001(F Q18)
Trustee required to hold property (Fed Q19)
Indigenous group trust under subs. 127.55(f)(viii) (F. Q20)
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For the keyword Type.cg , pertaining to types of cryptocurrency:
Private cryptocurrency
Stablecoins
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For the keyword Expenses.bu , pertaining to business expenses:
Home Internet access fees
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For the subgroup Other-credits within the Tax-Credits keyword group, pertaining to the T3 income tax return:
Manitoba cultural industries printing tax credit
Manitoba rental housing construction incentive tax credit
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For the subgroup Footnotes within the T3-Slip keyword in the Beneficiary group, pertaining to the requirements for the T3 slip:
Box 55 - QFFP before June 25, 2024
Box 55 - QFFP after June 24, 2024
Box 57 - QSBC before June 25, 2024
Box 57 - QSBC after June 24, 2024
Other (specify)
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For the subgroup Line-Number within the T3-Adjust group, pertaining to the federal form T3-ADJ:
924 YT mining carbon price rebate
925 MB cultural industries printing tax credit
926 MB rental housing construction incentive tax credit
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For the keyword Documentation , pertaining to the T3-RCA return:
Asset value under par.150(1.2)(b.1/b) less than $250,001
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For the keyword Letter-Data , pertaining to client letter:
%113 TP-1079.8.BE - Foreign income statement [0=No, 1=Yes]
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For the subgroup NonDeduct-BusExp within the Minimum-Tax group, pertaining to federal Schedule 12:
Investment counsel fees under paragraph 20(1)(bb)
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For the subgroup Crypto-Interest within the IncomeSource group, pertaining to Quebec form TP-21.4.39:
Private cryptocurrency
Stablecoins
DT Max T5013
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Program certification
DT Max T5013 is certified for paper filing under the following authorization numbers:
Federal:
T5013-FIN and schedules: RC-25-P001
Quebec:
TP-600 and schedules: RQSP-2505
RL-15 slips: FS2515010
MR-69: RQ-19MR69-201911-SP001
TP-529: TP-529-202512-SP001
TP-614: TP-614-202512-SP001
DT Max T5013 is certified for electronic filing under the following authorization numbers:
Federal: RC-25-P001
Quebec slips: RQ-25-15-009
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Version highlights
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Increase of the ceiling for CCA for passenger vehicles
The ceiling for CCA for passenger vehicles will increase from $38,000 to $39,000 effective as of January 1, 2026.
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New forms
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Revised forms
Federal
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T5013 FIN - Partnership Financial Return
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Schedule 1 - Net Income (Loss) For Income Tax Purposes
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Schedule 6 - Summary of Dispositions of Capital Property
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Lines referring to dispositions before June 25, 2024, and after June 24, 2024, have been removed, except in Part 14 - Amounts eligible for the capital gains exemption.
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Schedule 8 - Capital Cost Allowance (CCA)
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Schedule 75 - Clean Technology Investment Tax Credit
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In Part 6 - Labour requirements addition to tax, two new lines 615 and 630 are now transmitted to the CRA since these lines have been modified. Within the Clean-ITC group, use the new keyword WageReq-Rate if you wish to have an amount on line 412 and the new keyword ApprenticeReq-rate if you wish to have an amount on line 422.
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T1142 - Information Return in Respect of Distributions from and Indebtedness to a Non-Resident Trust (2025 and later tax years)
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This form has been updated by the CRA.
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You can now choose Japanese Yen for the functional currency on the T1142 Summary form.
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On the T1142 Supplement, new lines have been added in Section A - Identification of the non-resident trust in order to indicate the following:
– country code for the country of residence,
– country code for the country under the private laws of which the non-resident trust is governed
– foreign jurisdiction tax identification number
– date the non-resident trust was created
– settlor information
– whether supporting documents exist for Section A
– whether the non-resident trust files a tax return in Canada
– whether the non-resident trust ceased to exist and the date it ceased.
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In Section B - Distributions from the non-resident trust, a new line to identify if the property other than funds distributed is taxable Canadian property has been added along with a line to indicate whether supporting documents exist for Section B.
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In Section C - Indebtedness to the non-resident trust, a new line to enter the non-resident tax account number if Part XIII tax was withheld has been added along with a line to indicate whether supporting documents exist for Section C.
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Section D - Attachments is a new section in order to indicate if the supporting documents are attachment with the T1142 form.
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New keywords in the Foreign-Info group (option "T1142 - Distr./indebt. owed to a non-res. trust") have been added in order to answer all of the new questions above.
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T5013 - Statement of Partnership Income
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The following box was added:
– Box 274: Capital gains eligible for the 0% inclusion rate under paragraph 38(a.1)
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The following box was revised:
– Box 289: Portion of the capital gain subject to a 100% inclusion rate under subsection 100(1)
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The following boxes were removed:
– Box 272: Business investment losses attributable to dispositions of property before June 25, 2024
– Box 273: Business investment losses attributable to dispositions of property after June 24, 2024
– Box 270: Deemed capital gains (losses) attributable to dispositions of property before June 25, 2024
– Box 271: Deemed capital gains (losses) attributable to dispositions of property after June 24, 2024
– Box 287: Capital gains eligible for the 0% inclusion rate attributable to dispositions of property before June 25, 2024
– Box 288: Capital gains eligible for the 0% inclusion rate attributable to dispositions of property after June 24, 2024
– Box 290: Portion of the capital gain subject to a 100% inclusion rate under subsection 100(1) attributable to dispositions of property before June 25, 2024
– Box 291: Portion of the capital gain subject to a 100% inclusion rate under subsection 100(1) attributable to the period after June 24, 2024
– Box 275: Last fiscal period's capital gains reserve allocated in the previous year and brought into income for the current year
– Box 279: Capital gains reserves
– Box 280: Capital gains reserve from other property
– Box 281: Capital gains reserve from non-qualifying securities the partnership donated to a qualified donee
– Box 282: Capital gains reserve from gifts of non-qualifying securities (Eligible amount)
– Box 283: Prior year reserves from qualified farm or fishing property (QFFP)
– Box 284: Current-year reserves from qualified farm or fishing property (QFFP)
– Box 285: Prior-year reserves from qualified small business corporation shares (QSBCS)
– Box 286: Current-year reserves from qualified small business corporation shares (QSBCS)
Quebec
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TP-600 - Partnership Information Return
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Schedule A - Partners' Interests and At-Risk Amounts
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Schedule B - Capital Cost Allowance (CCA)
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TP-529 - Transfer of Property by a Partnership to a Taxable Canadian Corporation
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TP-614 - Transfer of Property to a Canadian Partnership
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RL-15 - Instructions for the Members of a Partnership
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In Additional information:
The following codes were added:
– 1-12 Net business income (or loss) from cryptoassets (line 26.1 of Schedule L)
– 12-17 Capital gains (or losses) from cryptoassets (line 21 of Schedule G)
– 14-7 Gross business income from cryptoassets (line 16.1 of Schedule L)
– 202 Functional currency code
The following codes were removed:
– 11-5 Reserve related to the disposition of qualified farm or fishing property before June 25, 2024
– 11-6 Reserve related to the disposition of qualified small business corporation shares before June 25, 2024
– 11-7 Reserve related to the disposition of other property before June 25, 2024
– 11-9 Reserve related to dispositions made before June 25, 2024, as part of a qualifying business transfer to an employee ownership trust.
– 12-10 Capital gains (or losses) realized before June 25, 2024, on property other than resource property
– 12-11 Capital gains (or losses) realized before June 25, 2024, on resource property
– 12-12 Foreign capital gains (or losses) realized before June 25, 2024, for a given country
– 12-13 Foreign capital gains (or losses) realized before June 25, 2024, for a second given country
– 12-14 Split income - Capital gain deemed to be an ordinary dividend and realized before June 25, 2024 (line 167).
– 12-15 Split income - Capital gain deemed to be a foreign dividend and realized before June 25, 2024 (line 130)
– 12-16 Split income - Other capital gain realized before June 25, 2024
– 45-1 Eligible taxable capital gains amount realized after June 24, 2024
– 45-2 Eligible taxable capital gains amount realized before June 25, 2024
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New keywords
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In the Clean-ITC keyword group, pertaining to federal Schedule 75:
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WageReq-Rate : Addition to tax wage requirement amount
Use the keyword WageReq-Rate to enter the addition to tax - wage requirement amount.
This amount was $20 before 2024 and adjusted for inflation in the following years. See subsection 127.46(8) for more information.
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ApprenticeReq-rate : Addition to tax apprenticeship requirement amount
Use the keyword ApprenticeReq-rate to enter the addition to tax - apprenticeship requirement amount.
This amount was $50 before 2024 and adjusted for inflation in the following years. See subsection 127.46(8) for more information.
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In the CCA-Class subgroup within the Clean-ITC keyword group, pertaining to federal Schedule 75:
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Labour-Req-Apply : Whether the labour requirements apply to this asset
Use the keyword Labour-Req-Apply to indicate if the labour requirements apply to this particular asset.
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Spec-Percent-CF : Specified percentage for recapture
Use the keyword Spec-Percent-CF to enter the specified percentage. This percentage is used in the calculation of recapture.
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In the Trust-Distr subgroup within the Foreign-Info keyword group, pertaining to federal Form T1142:
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Tax-Cdn-Prop : Whether the property is taxable Canadian property
Use the keyword Tax-Cdn-Prop to indicate whether or not the property is taxable Canadian property.
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In the Settlor.tr subgroup within the Foreign-Info keyword group, pertaining to federal Form T1142:
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Agent.tr : Whether the settlor acted as an agent, nominee, intermediary, or bare trustee
Use the keyword Agent.tr to indicate if the settlor act as an agent, nominee, intermediary, or bare trustee in respect of the property contributed to the non-resident trust.
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In the Foreign-Info keyword group, pertaining to federal Form T1142:
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Settlor.tr : Name of settlor
Use the keyword Settlor.tr to indicate the name of settlor.
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Foreign-Tax-ID : Foreign jurisdiction tax identification number
Use the keyword Foreign-Tax-ID to indicate the foreign jurisdiction tax identification number.
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Creation-Date : Date non-resident trust was created
Use the keyword Creation-Date to indicate the date non-resident trust was created.
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SupportingDoc-A : Whether you have any supporting documents relating to any of the information reported in Section A
Use the keyword SupportingDoc-A to indicate if you have any supporting documents relating to any of the information reported in Section A.
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SupportingDoc-B : Whether you have any supporting documents relating to any of the information reported in Section B
Use the keyword SupportingDoc-B to indicate if you have any supporting documents relating to any of the information reported in Section B.
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SupportingDoc-C : Whether you have any supporting documents relating to any of the information reported in Section C
Use the keyword SupportingDoc-C to indicate if you have any supporting documents relating to any of the information reported in Section C.
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Tax-Return-Can : Whether the non-resident trust files a tax return in Canada
Use the keyword Tax-Return-Can to indicate if the non-resident trust files a tax return in Canada.
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Ceased-to-Exist : Whether the non-resident trust ceased to exist
Use the keyword Ceased-to-Exist to indicate if the non-resident trust ceased to exist.
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Ceased-Date : Date on which non-resident trust ceased to exist
Use the keyword Ceased-Date to indicate the date on which the non-resident trust ceased to exist.
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NR-TaxAccount-No : Non-resident tax account number (do not enter the first two letters NR)
Use the keyword NR-TaxAccount-No to indicate the non-resident tax account number.
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New options
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For the keyword Asset-Code.cl within the CCA-Class.cl subgroup of the Clean-ITC group, pertaining to federal Schedule 75:
01 - Wind energy conversion systems
02 - Small-scale hydro-electric installations
03 - Solar energy conversion equipment
04 - Water energy conversion equipment
05 - Geothermal energy equipment
06 - Active solar heating equipment
07 - Ground-source heat pump systems
08 - Electric vehicle charging equipment
09 - Electrical energy storage equipment
10 - Pumped hydroelectric energy storage
11 - Hydrogen refuelling equipment
12 - Air-source heat pumps systems
13 - Concentrated solar energy equipment
14 - Small modular nuclear reactor
15 - Non-road zero-emission automotive equipment
February 18, 2026
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