Clients claiming the CCR are receiving the rural supplement of 10% instead of the increased amount of 20%. This is because the increase is still pending Royal Assent.
Canada Carbon Rebate CCR CRAThe CRA is erroneously charging some bare trusts a penalty for late filing T3 Schedule 15 after March 30 and before April 3, 2024.
T3 CRAThe CRA has updated their guidance on penalty relief for 2023 T3 bare trust returns.
CRA T3 Bare TrustsYou can now distribute T4, T4A, T5 or T4FHSA slips using an employer or payer’s secure portal without obtaining written or electronic consent from the employees or recipients, under certain conditions.
slips CRACRA EFILE closes on January 26, 2024 for annual maintenance. The service will reopen on Monday, February 19, 2024.
EFILE CRAIn November 2023, the CRA posted draft legislation to amend the Underused Housing Tax Act with provisions retroactive to January 1, 2023.
UHT-2900 CRA Underused Housing Tax ActMake sure to include the full social insurance number (SIN) or business number (BN) when mailing documents to the CRA or Revenu Québec for processing.
CRA Revenu QuébecWe have received reports that TaxCycle is returning error code 2226 when attempting to EFILE a T1 return for taxpayers who are not entitled to the Canada Workers Benefit (CWB).
known issue CRAIf your clients are registered for online mail from the CRA, they may receive an automated notice that their representative has changed when you file their tax return.
CRA Pre-assessment Post-assessment RepresentativeWhen a taxpayer has an entry at line 61255, the system does not reduce the renters tax credit portion at line 74 of form MB479 by the fraction at line 61255.
Manitoba CRAStarting October 17, 2022, the Canada Revenue Agency (CRA) process for authorizing a new representative for business accounts will include an additional step.
CRA EFILE T2The CRA EFILE system is having issues with transmissions of amended T1134, T1135 and T106 returns. You may receive error code 485.
CRA EFILE T1134 T1135 T106 FRRMS foreign reportingThe CRA is not including the Canada Training Credit Limit in the data downloaded from Auto-fill my return.
AFR CRA T1 Canada Training CreditSome 2021 T1 returns trigger EFILE error Y80010 when the taxpayer has a partnership farming operation and claims the tax credit on the T2043.
EFILE error CRA T1Legislation still pending: changes filing requirements for certain trusts in 2021 and subsequent years.
T3 trust CRAThe CRA has released a new form for self-identifying as an employer claiming the wage subsidy, the PD27. We will include this form in TaxCycle T4 in an upcoming release.
CRA COVID-19The CRA, RQ and the Govt of Alberta have extended some filing deadlines for corporations and trusts to September 1, 2020.
CRA COVID-19