Amounts in lines 460, 465 and 480 from page 7 of the T2 return are not being submitted to the CRA or included in the T2 barcode printout.
This DoxCycle release adds support for creating files linked with 2020 TaxCycle returns.release notes DoxCycle
Many of the enhancements to TaxCycle over the past year were inspired by your suggestions and feedback.
RQ has announced that electronic signatures have been extended until further notice for forms MR-69, TP-1000.TE, CO-1000.TE and TP-64.3
Starting September 8, 2020, you must use a browser other than IE11 when signing in to connect TaxCycle with QuickBoooks® Online.
The CRA will continue to recognize a T183 and T183CORP that contains an electronic signature as having met the signature requirements of the ITA as a temporary administrative measure for the remainder of the filing season.
Video Tax News recently announced the launch of the CEWS 2.0 Estimator. Created in partnership with Punchcard systems and the COVIDcontinuity.com volunteer project.
In TaxCycle T2, on the Alberta AT1 Schedule 1, the small business deduction rate should be 0.06 effective July 1, 2020.known issue
The 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-19
Transmission of forms T106, T1134 and T1135 from the latest TaxCycle T2 modules returns the error code 400.known issue
In versions 9.2.39507 and 9.2.39565, TaxCycle T2 does not claim a net capital loss carryforward on line 332 of the T2 return when there is a taxable capital gain in the current tax year.known issue
Line 8120 from Schedule 8 in TaxCycle T3 is not transmitted to the Canada Revenue Agency (CRA) when there are no amounts on lines 8110, 8160, 8170, 8180 or 8190.known issue t3
The Canada Revenue Agency (CRA) has investigated EFILE error 92271 and has determined a change made in early May cause certain returns that were previously accepted to now be rejected.
The CRA, RQ and the Govt of Alberta have extended some filing deadlines for corporations and trusts to September 1, 2020.CRA COVID-19
Enhanced slips summaries. Guaranteed income supplement (GIS) worksheet. NetFile of adjusted TP1 returns.release notes
We've launched a new design for our website at www.taxcycle.com. We hope you like it!
As of April 20, 2020 the Canada Revenu Agency (CRA) will allow the transmission of a return even if it has already been mailed to CRA on paper, as long as it has not yet been processed.