What's new for T1/T2/T3/T5013 Internet version 27.34?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2013 to 2023 inclusively as well as the 2024 planner, in addition to fully supporting T1/TP1 EFILE.

Version 27.34 also features the T2 program for fiscal periods ending from 2013 to 2024 and fully supports Corporation Internet Filing (T2, CO-17 and AT1).

Also featured is the T3/TP-646 program for tax years ending from 2013 to 2024 inclusively (keeping in mind that the 2024 tax returns for trusts prepared with this version will be using the 2023 tax forms).

Finally, version 27.34 features the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending in 2024.

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

In this version...

For all DT Max programs

1. Thomson Reuters two-factor authentication

DT Max T2

1. Message from the CRA: Substantive CCPC

For all DT Max programs

1. Thomson Reuters two-factor authentication

   A new two-factor authentication is gradually being implemented in all Thomson Reuters products and is now available in DT Client Portal. The objective is to have a common and secure sign-in, no matter which Thomson Reuters product you use. From this point forward, all DT Client Portal staff and clients will be required to use two-factor authentication to sign into DT Client Portal. The very first time that they do this, they will be guided on how to migrate their current account to a new Thomson Reuters account.

   This version of DT Max is compliant with this new two-factor authentication. Most DT Max users won't notice any difference. Only people who print directly from DT Max to DT Client Portal will notice a change.

   Two-factor authentication options

   Multiple options are available to implement the second authentication factor. You can select just one or several of them. They include the following:

   • Guardian Auth0 app (recommended)

   • Third-party authentication app

   • SMS (text)

   • Email

   • Phone call (voice)

   DT Max changes

   • The new two-factor authentication will be needed when you attempt to print directly from DT Max to DT Client Portal. Generally, you will only have to authenticate once per day because your last successful sign-in will be remembered if you don't leave your computer inactive for more than 30 minutes.

   • The DT Client Portal staff credentials have been removed from the Preferences > DT Client Portal window (the Firm ID, however, will remain).

   DT Client Portal changes

   • The first time you go to the DT Client Portal sign-in page (https://secure.dtnetlink.ca/nextgen/), you will be guided on how to migrate your current account to a Thomson Reuters account. Your current username will be replaced with the email address of your choosing.

   • You will be prompted to set up two-step verification for enhanced security (this applies even to people who had previously enabled MFA in DT Client Portal).

   • The sign-in page will have a new look, but the same web address.

   • The account migration and two-factor authentication will apply to both DT Client Portal staff and clients.

   For more information and to see what the account migration process will look like for a DT Client Portal staff member, please consult the linked article. Information on the Thomson Reuters account is also available.

   We hope that you will appreciate our efforts to increase the security of Thomson Reuters products. We sincerely apologize for any inconvenience and appreciate your understanding and support.

DT Max T2

1. Message from the CRA: Substantive CCPC

   We have been instructed by government authorities of the following regarding substantive CCPCs.

   Legislation related to substantive Canadian-controlled private corporations was effective for tax years ending on or after April 7, 2022.

   New line 290 on Schedule 200 "Did the corporation meet the definition of substantive CCPC under subsection 248(1) at any time during the tax year?" was added in DT Max version 27.30 following CRA's specifications for the May 2024 release.

   It is possible that an initial or amended return for a tax year ending on or after April 7, 2022, will need to be filed that includes days in which the substantive CCPC measures are applicable.

   When filing these returns, if line 290 of Schedule 200 is not available in the software, taxes should be calculated according to the substantive CCPC legislation.

   For an initial return, there are two options available to file the return:

   • The Attach-a-doc service can be utilized with the document type "Elections" to attach a letter to indicate that the corporation is a substantive CCPC. This is the CRA preferred option.

     In DT Max T2, use the keyword Doc-ID and select the option "Elections" within the Efile-Federal group.

   • Alternatively, the Notes to Financial Statements on the Schedule 100 can be used to indicate that the corporation is a substantive CCPC.

     In DT Max T2, use the keyword GIFI-Notes within the GIFI group.

   If you are filing an amended return in DT Max T2, use the keyword ReasonChange when selecting the option "Amended return" within the StatusChange group and indicate that the corporation is a substantive CCPC.