Changes in 2025 to T2 Schedule 63, Return of Fuel Charge Proceeds to Farmers Tax Credit

Program(s) affected: T2 Document created: 04 08, 2025 Tax year(s): 2025 Document last modified: Version(s): 28.15 Problem status: Fixed in v28.30

Does the DT Max T2 Schedule 63, Return of Fuel Charge Proceeds to Farmers Tax Credit, use the correct calculation for 2025?

Following the announcement by the Department of Finance Canada on March 22, 2025, the federal fuel charge is removed effective April 1, 2025. As a result, the Return of Fuel Charge Proceeds to Farmers Tax Credit in respect of the 2024-25 fuel charge year will be the final credit available to eligible farming business. The Minister of Finance has specified the payment rate per $1,000 in eligible farming expenses that are incurred in the 2025 calendar year in the designated provinces to be nil.

As a workaround, use the Override keyword and select Schedule 63. Use the Field-Currency keyword within the Override group to override 2025 amounts* to zero for the applicable jurisdictions.

*NL use field 1891, PE use field 892, NS use field 893, NB use field 894, ON use field 830, MB use field 850, SK use field 870, AB use field 890